REQUIREMENTS FOR GOLDEN VISA

Every third-country citizen who becomes a Golden Visa holder, as well as his/her family members (spouse, his or her spouse’s childer up to 21 years old, the beneficiary’s parents and her/his spouse’s parents) is entitled to the following benefits:

• Right of entry to Greece for five (5) years.
• Permanent residence in Greece for five (5) years.
• Right to renew the Golden Visa every five (5) years under conditions.
• Right to free movement and stay for 180 days a year in the European countries that belong to the Schengen Agreement, inside or outside the EU.
• Free access to education like any Greek citizen.

CONDITIONS FOR THE ISSUE OF A "GOLDEN VISA"

• To have entered Greece legally.
• To have full ownership and possession or even an undivided percentage of one or more properties with a minimum total value of two hundred and fifty thousand euros (€250,000) or more.
• Alternatively, to have entered into a timeshare lease of at least 10 years in hotel accommodation or tourist furnished residences in complex tourist accommodation in accordance with Article 8, par. 2 of Law 4002/2011, as long as the minimum amount of the lease amounts to also in two hundred and fifty thousand euros (€250,000).
• Alternatively, to purchase a plot of land or a building, as long as the sum of the purchase value of the plot of land and the contract also amounts to a minimum of two hundred and fifty thousand euros (€250,000).
• In case of co-ownership of a property worth two hundred and fifty thousand euros (€250,000) or more, the right of residence is granted only if the owners are spouses, who own the property in undivided ownership.In all other cases of co-ownership, the right of residence is granted only if the amount ivested by each co-owner is up to (€250,000).
• If the owner of the property has acquired it through a legal entity, the shares or company should be wholly owned by him.

The Golden Visa holder has the right to include in all the rights of the Golden Visa his family members, who will obtain a separate Visa each, submitting a separate application for each:

• Husband.
• Children of the owner and his/her spouse
• Owner’s and spouse’s parents.
For the above cases, the amount of the real estate will result from the values of the real estate or the lease agreements stated in the contract. It is clarified that the price of the value of the property for the purposes of Law 4251/2014 means the amount expressly stated in the contract as being paid for the sale.

CONDITIONS FOR THE ISSUE OF A «GOLDEN VISA»

1.Beneficiary

• Four (4) recent passport sized colour photographs (4x6 dimensions), as welll as CD with the photograph in digital format.
• Copy of a valid passport or other travel document recognized in Greece, bearing the entry permit to Greece, when required.
• Private life incurance with hospital and accident coverage (preferably from a Greek Insurance company).
• Copy of the property purchase title/s worth at least 250,000 euros. The contract must clearly state that the price was paid by the buyer to the seller by bank check issued from a Greek bank account or directly from the buyer’s foreign bank account to the seller’s Greek bank account.
• Notarial certification that the property meets all the specificaqtions referred to in Law 4146/2013, article 6, paragraph 2.
• Certificate of transfer of the property to the relevant cadastre.

2. Family members (spouse, his or her spouse’s children up to 21 years of age, the beneficiary’s parents and his/her spouse’s parents).

• Four (4) recent coloured photographs as above.
• Copy of a valid passport, bearing the permission to enter Greece (and in some cases birth certificate), as above.
• Private life insurance with hospital and accident coverage, as above.
• Recent certificate of family status from a foreing authority, which will state the relationshop between the Beneficiary and his family members(e.g. Family Certificate, Marriage Certificate, etc.) The certificate must have been issued by the competend Public Authority and authenticated with the Seal of the Hague Convention (“Apostille”) where provided, or must have been competently translated and authenticated by a competent Greek consular office or by the Greek Ministry of Foreign Affairs.