General Questions
Looking for a great investment opportunity in Europe? Consider purchasing a home in Greece – not only is it a transparent and affordable way to become a permanent resident of the European Union, but it also offers a unique and rich cultural experience. With its stunning landscapes, delicious cuisine, and friendly locals, Greece has become an increasingly popular choice for foreign buyers looking to own a piece of paradise in the Mediterranean. Don’t miss out on this chance to make your dream of owning a European property a reality!
What benefits does Greece offer for property buyers?
Investing in property in Greece comes with a range of benefits for buyers. For instance, those who purchase properties worth more than 250,000 euros are eligible for residency permits, making it an attractive option for those seeking to become permanent European residents. Additionally, property owners can take advantage of tax incentives offered by the Greek government for renovating their properties, making it an excellent investment opportunity.
Can foreigners buy property in Greece?
Yes, foreigners are permitted to purchase real estate in Greece, but it’s important to note that there are a few limitations in place. For example, buying property in certain areas – such as those close to military bases or on smaller, remote islands – may require additional permits or approval from the Greek government. Despite these restrictions, Greece remains an attractive option for foreign buyers due to its relatively affordable property prices, beautiful scenery, and rich cultural heritage.
Are there any special rules and regulations that property owners need to be aware of when purchasing real estate in Greece?
Yes, for instance, there are limitations on constructing buildings within a certain proximity to the coastline, and certain regions may require special licenses for building or renovation. It’s important to be aware of these rules and consult with our advisor.
How many years does a Program Golden visa in Greece provide a residence permit for?
A Golden Visa Program in Greece provides a residence permit for 5 years in exchange for as low as a €250,000 real estate investment* in Greece.
Do you get residency if you buy a house in Greece?
Yes, you can get a residence permit in Greece by purchasing a property for at least €250,000 (Golden Visa Program)
Can I include my family in the residency program "Golden Visa"?
Yes, you can include your family in the residency program. The Greek Golden Visa allows you to live in Greece and travel across the Schengen region without a visa. Additionally, it offers various benefits which you can learn about here
What investment options does the Golden Visa have?
To qualify for a Golden Visa in Greece, you can choose from various investment options, including investing in real estate or government bonds.
If you choose to invest in real estate, you will need to meet specific requirements.
You can purchase a property in Greece for a minimum of €250,000, except in Athens, Thessaloniki, Mykonos, and Santorini municipalities. After May 1st, 2023, the minimum investment amount for real estate in these municipalities will increase to €500,000. (Lear more here)
Another option is to sign a 10-year lease agreement for hotel accommodations or furnished tourist residences in integrated tourist resorts.
Does Greek Golden Visa lead to citizenship?
After holding the residency permit for a minimum of seven years, individuals can apply for Greek citizenship if they meet specific criteria, such as proficiency in the Greek language, knowledge of Greek history and culture, and living in Greece more than 180 days per year.
Is Greece a good place to invest in real estate?
Greece can be a good place to invest in real estate for a few reasons. Firstly, Greece is known for its beautiful landscapes, rich history, and culture, making it a popular tourist destination. This can make it an attractive location for those who wish to invest in real estate for tourism purposes, such as rental properties or hotels.
Additionally, Greece offers a Golden Visa program that provides residency to those who invest in Greek real estate, which can be appealing to foreign investors who wish to gain residency in Europe. Furthermore, Greece has been recovering from a long period of economic turmoil, and property prices are still relatively low compared to other European countries, making it a potentially profitable investment opportunity.