Greece attracts many foreigners with its opportunities for obtaining RP (residence permit). Due to its lenient policy and variety of options, Greece has become one of the most popular countries in Europe for those looking for residence and investment opportunities. In addition, the mild Mediterranean climate, proximity to the sea, the rich history and the hospitality of the locals make Greece an ideal place for obtaining a residence permit. For today, there are 3 programs that are suitable for obtaining a residence permit in Greece for the whole family.
Residence permit in Greece
1.
Residence permit through the purchase of real estate
2.
Residence permits for people who are financially independent
3.
Residence permit for digital nomads
Residence permit through the purchase of real estate - Golden Visa in Greece
With the purchase of real estate from 250.000 euros (several objects)
For 5 years
For the whole family: spouses, children and parents
Without permanent residence
Golden Visa Advantages
Another important advantage is the duration of the Golden Visa. Residence permits are issued for a period of 5 years, with the possibility of subsequent extension. The only condition is that the property owner must retain ownership of the property starting from 250,000 euros. This means that property owners can enjoy the benefits of the Greek residence permit for a long time.
In addition, Golden Visa holders do not need to reside permanently in Greece. Unlike most other types of residence permits, they can travel freely in Europe without visiting Greece. This means that Golden Visa holders can enjoy freedom of movement within the Schengen area, which is a huge advantage for people wishing to explore and travel around Europe.
One of the main advantages of the Golden Visa program is the ability to extend the residence permit for all family members. Not only the main investor is eligible for a residence permit, but also his (her) spouse, their children under 21 and parents of both spouses. This means that property owners can ensure that their entire family can legally reside in Greece.
The program provides not only a house by the sea, but also the right of permanent residence in a European country. In addition, the conditions for obtaining this kind of a residence permit in Greece are the most lenient in Europe. The cost of real estate for obtaining Golden Visa starts from 250 000 euros, and the process of obtaining is simplified and takes a small amount of time.
Golden Visa Benefits
Legal residence for
the whole family
No mandatory
permanent residency
Long term validity
Investment opportunities
Free movement
in the Schengen area
From August 1st 2023 the minimum investment amount will double in some regions. The value of property investments must be at least €500,000 (only 1 property) in the following regions:
Vari-Voula-Vouliagmeni, Attica;
Southern, Northern and Central sectors of Athens;
Thessaloniki, Central Macedonia;
The islands of Santorini and Mykonos.
Residence permits for financially independent persons
From 2.000 euros / month income.
For spouses and children under 18 years
For 2 years
Greek residence permits for financially independent persons may be suitable for businessmen, entrepreneurs, potential investors and their families, who do not plan to work in Greece and do not wish to be tied to a particular country. This type of residence permit is issued for a period of 2 years and can be repeatedly renewed every 2 years.
The main requirement is proof of financial independence. In the case of Greece, it is estimated at €2,000 per month for the main applicant, with an additional 20% for the spouse and 15% for each child. This means that the main applicant must have a stable and sufficient income or financial assets to support himself and his family in Greece.
By obtaining a residence permit in Greece, you will have the right to reside permanently in Greece (reside in Greece minimum 6 months per year) and travel freely within the Schengen area. It should be noted, however, that this type of a residence permit does not give you the right to work in Greece.
Residence permit for digital nomads - Digital Nomad Visa
From 3.500 euro/income per month
For spouses and children up to 18 years
For 2 years
Remote workers
At the beginning of 2022, Greece launched the Work from Greece program, which offers the opportunity to obtain a digital nomad visa. The main advantage of this program is its simplicity and accessibility for anyone who earns more than 3,500 euros and does not have to be present in the workplace.
Now everyone can legally reside in Europe, including holders of Russian and Belarusian passports. Despite the fact that many residence permit programs for citizens of Russia and Belarus were suspended in February 2022, the residence permit program for digital nomads in Greece is open without restrictions on citizenship.
Similar to other residence permits, this status allows you to stay permanently in Greece and move freely within the Schengen area.
The right to a residence permit in Greece applies not only to digital nomads, but also to their spouses and children up to the age of 18. The required income increases by 20% for spouses and 15% for each child.
The receipt of a residence permit allows you to reside in Greece for 2 years with the possibility of extension. You also get the right to purchase a car in Greece. The application process is done electronically, after which you immediately receive a temporary residence permit that allows you to reside in Greece until you receive your residence permit card.
Possession of a residence permit allows you to travel freely throughout Europe without the need for a visa and to enter countries that have restricted entry to tourists. You can also lead a mobile and dynamic lifestyle.