Greece
Permanent Residency Programmes
The Permanent Residency Program in Greece offers several benefits and requirements for individuals looking to establish long-term residency in the country. Here’s a detailed overview:
01
Requirements
- Investment:
- Real Estate: One of the most common pathways is through purchasing property. The minimum investment amount is typically €250,000 in real estate.
- Other Investments: There are also options for investing in businesses or government bonds, but the real estate route is the most popular and straightforward.
- Residence Permit: To apply for permanent residency, you generally need to have held a Greek residence permit (such as a Golden Visa) for at least 5 years.
- Health Insurance: Proof of health insurance coverage is often required.
- No Criminal Record: A clean criminal record is necessary for the application.
- Integration: Demonstrating integration into Greek society and basic knowledge of the Greek language may be needed, but this is not always a strict requirement for the initial application.
02
Benefits
- Residency: Allows you to live, work, and study in Greece. Permanent residency typically offers more stability than temporary residence permits.
- Travel: Facilitates travel within the Schengen Area for short stays (up to 90 days in a 180-day period).
- Path to Citizenship: Permanent residency can eventually lead to Greek citizenship, usually after 7 years of residence, though this can vary based on individual circumstances and changes in law.
- Quality of Life: Greece offers a high quality of life, with beautiful landscapes, a favorable climate, and a rich cultural heritage.
Healthcare and Education: Access to Greece’s healthcare system and educational institutions.
- As always, it’s a good idea to consult with an immigration lawyer or expert to get precise and tailored advice based on your situation.
03
Fees:
Application Fee:
This typically ranges from €200 to €300, depending on the type of application and processing fees.
Investment Costs
The main cost is the real estate purchase or other investment, which starts from €250,000.
Legal Fees
If you use a lawyer or consultancy service, their fees can vary but generally range from €2,000 to €5,000, depending on the complexity of your case.
