When you purchase a property with a value higher than 250,000 euros, you may be entitled to a residence permit for you and your family members. If you get an EU long-term residence permit, you will enjoy almost the same rights as the nationals of the country you are living in. Rich history & culture – innumerable sites of interest. You should follow the advice of the Greek Government and your local authority. The residence permits are renewed every five years, as long as the non - EU citizen keeps the ownership of the property. Greece is a member of European Union and the Schengen Zone of Europe, and your Greek Golden Visa will enable you to travel freely through Europe. b) In cases of joint ownership, where the value of the property is €250.000, the residence permit is only granted if the owners are spouses with undivided ownership of the property. People in Greece are friendly and hospitable and residents of Greece can enjoy a relaxed lifestyle, including outdoor activities, modern culture and active social activity. In order to grant a residence permit in Greece as a financially independent person, the third-country citizen must apply for a long-term VISA (D) to the Greek Consulate of his place of residence, proving to this end that he/she is able to cover his living expenses in Greece, without having to work or exercise any economic activity. According to article 20 of Law 4251/2014 (Immigration Code), citizens of third countries (non-EU) who are economically independent persons are eligible to obtain a residence permit in Greece if they have sufficient resources at a fixed annual income level to cover their living expenses, without having any work or independent economic or investment activity in Greece (high income pensioners etc.). In order to obtain a residence permit for real estate owners, the following preconditions must be fulfilled: On 1 January 2021, the rules for EU citizens living in or moving to the UK will change. Excellent domestic transport connections. Foreign nationals who want to stay in Greece for a period over 90 days will need … Becoming a resident of Greece as a Non-EU citizen is a relatively lengthy process that involves some bureaucracy. The objective, or assessed, value of the property is not relevant, unless it corresponds to the amount which was, according to the contract, paid for the sale of the property. Greece is a member of the EU Schengen visa zone, so when you have this Greek residency permit, which is also called. Με την επιφύλαξη παντός δικαιωμάτων | Σχεδιασμός και Κατασκευή Ιστοσελίδας από την Display Ideas - CMS. The new changes make this program very attractive compared to many other similar programs in Europe. In Greece the cost of living is lower compared to the rest of Europe and every resident can enjoy a sunny life, combined with an unparalleled beauty and diversity in landscape & vegetation. One of the most popular ways to obtain a residence permit in Greece is via the Golden Visa Program. You can also read our Greece travel advicefor our latest guidance. b) In cases of joint ownership, where the value of the property is €250.000, the residence permit is only granted if the owners are spouses with undivided ownership of the property. Greek Golden Visa holders who live in Greece can apply for citizenship and a passport after seven years. In all other cases of joint ownership, the residence permit is only granted if the amount invested by each of the joint owners is at least €250.000. Buying a property in Greece the value of which exceeds €250,000 will qualify a non-EU citizen and his family to get a permanent residence permit, “Golden Visa” . The lawyer will later assist in paying the taxes related to the property purchase. The duration of the residence permit is 5 years and it can be renewed for another 5 years each time, provided that the applicant still owns the property. Note: The Citizens Service Office (Κέντρα εξυπηρέτησης πολιτών / K.E.P) has further information on residence permits (in Greek language). Residence Permit for Financially Independent People (FIP) Friendly and hospitable people, relaxed lifestyle. Golden Visa Program the website of the Ministry of Foreign Affairs. Questions and Answers – the rights of EU and UK citizens, as outlined in the Withdrawal Agreement. Great investment: rising property prices, high capital gains, growing rentals. You will need some documents to apply for Residence Permit in Greece including: Health certificate from a Greek public hospital, proving that no contagious diseases are present (all fees are paid by the applicant). Please do not hesitate to contact us for any reason. Greek Law 4604/2019.. On 19 March 2019, the Hellenic Parliament approved Law 4604/2019 (published in the Official Government Gazette /ΦΕΚ’ 50/A/26-3-2019) which guarantees, in articles 123, 124, 125, 127 and 128, UK citizens’ rights in Greece after the withdrawal of the United Kingdom from the European Union. Warning: Use of undefined constant youTube_replacer - assumed 'youTube_replacer' (this will throw an Error in a future version of PHP) in /var/www/vhosts/siopi-law.gr/httpdocs/libr/rest.class.php on line 433. to 110 sq.m., with 2 or 3 bedrooms. The existing legal framework on residence permits has been extended to investments on intangible assets in Greece. Once your application has been submitted, you will receive a blue paper (βεβαίωση / veveosi) as a receipt that your application is being processed. The Immigration Committee (Επιτροπή Μετανάστευσης / Epitropi Metanastefsis) reviews the application and interviews the applicant. Upon receipt of the entry visa (type D) and entry into Greece, the third-country citizen is obliged to submit a request to the competent Authority of Aliens and Immigrants of the decentralized Authority for the issue of a residence permit. In Greece the cost of living is lower compared to the rest of Europe. Essential requirements for residing in Greece are to be in employment or in possession of sufficient resources. Executives transferred to Greece can usually receive their residence/work permit in approximately one month. (You can check the website of the Ministry of Foreign Affairs to see the full list of which country nationals need / don't need a visa to enter Greece.). f) In the case of third country citizens who have signed a lease of at least 10 years for hotel accommodations or furnished tourist residences in integrated tourist resorts, provided the minimum value of the lease is €250.000, the contract must require a single payment of the lease for the equivalent of the ten year leasing of the property. The existence of this amount is evidenced by elements such as the retirement or the bank account. Greek Golden Visa applies to the wife or husband and all children at the age of 21 or under. The application should be made within the first 2 months after arriving in Greece, although it is highly recommended to be fulfilled immediately on arrival in case of common, Health certificate from a Greek public hospital, proving that no contagious diseases are present (all fees are paid by the applicant). a) The real estate property must be owned by and be in possession of its owners. (Greece has more than 320 sunny days a year). Can I apply for Greek Citizenship after getting my Greek Golden Visa? Non- European Union citizens have the possibility to apply for a 2 year residence permit in Greece, provided that they are considered financially independent. Properties in prime vacation areas are in high demand because of their ability to earn rental income. The new rules allow three generations of family members to benefit from the visa by investment program. In addition to supporting documents proving the existence of sufficient financial resources in accordance with the above, the third-country citizen must also provide proof that he has full medical and hospitalization coverage during his stay in Greece (i.e private insurance contract ) or a certificate stating that he/she has filed an application with an insurance institution. The local Secretary General (Γενικός Γραμματέας / Genikos Grammateas) decides whether or not to grant the permit to the applicant. Golden Visa – permanent residence permit. If you move out of that country, you become a resident and worker of whatever country is … f) In the case of third country citizens who have signed a lease of at least 10 years for hotel accommodations or furnished tourist residences in integrated tourist resorts, provided the minimum value of the lease is €250.000, the contract must require a single payment of the lease for the equivalent of the ten year leasing of the property. d) The residence permit is also granted in cases where the third country citizen is the owner, either directly or through a legal entity, of more than one real estate property with a combined value of at least €250.000. Hi, we are 2 guys (Eren & Kaan) living in Athens, Greece. However, depending on their nationality, a visa may still be required to enter Greece. II. In this waiting period, you can also go to your home country and come back to Greece with your blue paper any time you want. Since it does not require the investor to reside in the country, the Greek Golden Visa program is normally considered a residency investment program rather than citizenship by investment. The existence of this amount is evidenced by elements such as the retirement or the bank account. You can make a good long term investment in Greek lands! Benefits of the EU Long Term Residence Permit. There are many categories of residence permits. In addition, the mortgage lending allows the obtaining of a residence permit. In all cases outlined above, the value of the real estate property will be determined based on the value of the property, or the lease, indicated in the contract of purchase. A residence permit confirms your right to stay in the country as an employed person who is an EU/EEA/Swiss citizen. Ways to Get Permanent Residency in Greece. Residence Permit for Financially Independent People (FIP). Στόχος μας είναι η ικανοποίηση των αναγκών των πελατών μας μέσω της υψηλής και συνεχούς κατάρτισης και εξειδίκευσης. Residence / Registration Certificate One of the most popular ways to obtain a residence permit in Greece is via the Golden Visa Program. In addition to supporting documents proving the existence of sufficient financial resources in accordance with the above, the third-country citizen must also provide proof that he has full medical and hospitalization coverage during his stay in Greece (i.e private insurance contract ) or a certificate stating that he/she has filed an application with an insurance institution. Within the program, the investor chooses one of the investment options and receives a residency permit for the whole family. - Residence permit for students at Greek universities, With this paper, you can continue staying in Greece until the final decision about the residence permit is issued. (b) has personally the full ownership, possession and peaceful enjoyment of real estate property in Greece. I have permanent residence in the UK/EU or will acquire it during the transition period Unique 'island hoping' – 6,000 islands & isles. Persons who demonstrate that they have the requisite income in order to be qualified as financially independent may apply for a residence permit in Greece, […] Residency permit by investment in Greece can be obtained by citizens of any country that is not a part of the European Union. - Residence permit for self-employed entrepreneurs. Advanced infrastructure & expertise in professional services. - Residence permit for executives, administrators or board members. This person may also be accompanied by members of his / her family who are required to submit a separate application for a long-term visa (VISA) to the relevant Greek consular authority. Adhesive labels in passports and all other kinds of paperwork relating to foreign nationals living in Greece are to be scrapped and replaced by a new, electronic residence permit that will also double up as an identity card. Residence / Registration Certificate in Greece EU nationals have the right to live and work in Greece without a work permit, however EU nationals staying longer than 3 months are required to obtain a Registration or Residence Certificate. In all cases outlined above, the value of the real estate property will be determined based on the value of the property, or the lease, indicated in the contract of purchase. Άδεια διαμονής για Βρετανούς υπηκόους στην... Αγορά ακινήτου: Όλα όσα πρέπει να γνωρίζετε. *Our office has extensive experience in immigration law and internatioanl law (residence permits, citizenship, naturalization, deportation, asylum applications, etc.). - Residence permit for self-employed entrepreneurs, Ideal for outdoor activities & sports of all kinds. As a non-EU investor, you should fulfill one or more of the following conditions to receive a Permanent Residence Permit in Greece (Golden Visa): Purchase of a property in Greece with a minimum value of 250.000 Euro Purchase of more than one properties with a total minimum value of 250.000 Euro You can make your application for Residence Permit in Greece at the municipality office/town hall ("Δημαρχείο" / "Dimarchio" in Greek) or at the local Aliens bureau located at police stations with a foreigners department). In Greece the cost of living is lower compared to the rest of Europe and every resident can enjoy a sunny life, combined with an unparalleled beauty and diversity in landscape & vegetation. After five years continuous residence, you can apply for permanent residence for family members or for a long-term EU-wide permit, however you should not forget that the Greek government has been very slow to issue these until today. Greece introduces new residence permits for EU and non-EU nationals living in the country. Citizens of certain non-European Union countries such as the USA, Canada and Australia can stay in Greece without a visa, as long as they do not stay more than 90 days in a 180 day period. This type of residence permit does not provide access to the labor market in Greece. Every EU member state has different rules and regulations in place for non-EU citizens wishing to live and work in their country. spouse and any children below the age of 21. The Greek Permanent Residence Permit can be obtained in about 2 months and can indefinitely be renewed every 5 years as long as the non-EU buyer does not sell off the property in this period. All EU citizens and permanent residents enjoy full rights and privileges as EU citizens, including the right to establish residency, buy property, open a business and work in Greece. - Residence permit for foreign investment etc. In this article, we are going to describe the most common and popular types of residence permit, i.e. Note that, under the Law 4356/2015, it is now possible for same-sex couples to enter into a civil partnership too. - Residence permit for foreign investment etc. Σας παρακαλούμε να μην ανοίξετε κανένα email από την συγκεκριμένη διεύθυνση και να μας ενημερώσετε σε περίπτωση που λάβετε οποιοδήποτε email από αυτήν. Moreover you can follow us on our social media accounts: Instagram, Youtube, Facebook, Twitter and Google Plus. In this case, the period of residence is not relevant. the residence permit for property owners (Golden Visa) and the residence permit for financially independent people. Residence permits for non-EU citizens 21/05/2019 At the end of 2017, there were 20.3 million valid residence permits granted to non-EU citizens permitting them to … Resident permits are initially valid for one year. 1. are not an EU citizen however, the process to get your residence permit involves some more paperwork. HOW TO GET GREEK RESIDENCY VISA FAST AND EASILY? This person may also be accompanied by members of his / her family who are required to submit a separate application for a long-term visa (VISA) to the relevant Greek consular authority. All other non-EU citizens will need a visa to enter Greece in the first place. Another very important point is the fact that property prices in Greece have dropped as much as 50% since the credit crisis and prices are now showing signs of stability. II. Greece sits somewhere in the middle when compared to other EU countries for those willing to retire and the paperwork involved. There are numerous ways to obtain Permanent Residence in Greece. To help you legally with getting resindence permit in Greece, we cooperate with experienced lawyer dealing mainly with cases of foreigners living / working in Greece, citizens of dual citizenship, stateless persons, political refugees, entrepreneurs who are active in the field of Europe, Greeks who have performed mixed marriages etc. Έχει υποπέσει στην αντίληψη μας ότι το email του γραφείου μας “dsiopi@siopi-law.gr” έχει προφανώς μολυνθεί από ιό και από αυτό αποστέλλονται κακόβουλα email χωρίς την δίκη μας παρέμβαση. d) The residence permit is also granted in cases where the third country citizen is the owner, either directly or through a legal entity, of more than one real estate property with a combined value of at least €250.000. RESIDENCE RIGHTS of UK citizens in Greece. A residence/work permit grants permission to stay in a country beyond a visa’s validity, a document or sticker given to someone who fulfilled requirements and legally lives and/or works under the laws and regulations of the country that issued it. After this period, it can be renewed if the application for renewal is submitted two months prior to the expiration of the initial permit. *Our office has extensive experience in immigration law and internatioanl law (residence permits, citizenship, naturalization, deportation, asylum applications, etc.). Greek Permanent Residence Permit Requirements: We mentioned about purchasing property in Greece to get a permanent residence permit, but there are also some other methods to get it. e) In cases where the applicant wants to enter the country with a type D visa, the documented intention to own property should be supported by documentation which prove the financial capacity (e.g., certificate of an A-class certified bank, or other recognised financial institution), which certify the existence of bank accounts or other mobile assets, such as bonds or shares, which can cover the cost of the investment of at least €250.000, and which certify the intention of the applicant to purchase the property (contract with a law firm or with a real estate office). I. As a Greek Golden Visa holder, you will have the right to much lower tuition costs in European countries because you will be considered as a Permanent Resident of a European country. 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