Greece Residency Program, also known as Greece Golden Visa, offers an affordable and profitable real estate investment route to permanent residency in Europe. To make the application process easier, Mann’s Solutions team prepared Greece Property Tax Guide for Golden Visa holders and for those who are thinking to obtain the property in Greece.
At the moment, an investment of €250,000 is required in real estate, which makes the Greek Golden Visa program the lowest investment real estate residency visa scheme in Europe. The investor has to purchase property located anywhere on the Greek mainland or the islands, it also can be either residential or commercial. Besides, joint buyers can combine investments into one property.
In Greece, you are subject to taxation on a property either when you buy it or rent it out. The investor also has to pay taxes on the acquisition and pay a property tax each year.
Greece Residency Program is a low-cost route to obtain European Union residency for the investor and investors family. Greece Residency Program investment options start from €250,000 with a residency permit granted for 5 years. The fast application process takes only 60 days after which the whole family can travel without a visa within European Union and apply for Greek Citizenship after a set period.
Investors in real estate in Greece must keep in mind the additional taxes on real estate which are 3%- 24%. At €250,000 + taxes and fees (just over €300,000 in total) Greece Residency Program offers one of the lowest cost residency in Europe.
Greece offers both historical legacy and modern culture. Nowadays, Greece is well-knows for its natural beauty, stunning island and incredible coastline. Also, unique geographical position of Greece, make trade between EU and Middle East and Africa convenient.
Greece Residency by Investment program, grants applicant with a 5-year residency permit and let’s apply for permanent residence and citizenship after this period if the applicant has spent at least 180 days per year in Greece and 7 consecutive years in the country. The program lets the whole family travel to European Union countries for 90 days and grants access to a high standard of education and living. In addition to that, there are no residency requirements.
Real Estate Investment from €250,000
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Mann’s Solutions is an international immigration law firm with offices in London, Hong Kong, and Moscow and has expertise in offering UK Visas and Immigration by Investment services to high net worth individuals. Our immigration advisers are regulated by OISC and IMC (Investment Migration Council).
For further information or to discuss your circumstances in a private consultation with our immigration lawyers in London Office, please contact us at email@example.com or call +44 207 993 63 46.