The applicant of the said residence permit is also obliged to rent a house in Greece. A residence permit obtained by a financially independent person is valid for two years and may be renewed every three years. Only the years from the moment you turned 8 years of age count towards the application for a permanent residence permit. After the approval you will receive a residence permit for a period of 5 years. Here are the 8 simple steps to obtain a Greek residence permit. While most are aware of only property investment, investment activity… With the right to stay and with a five years residence permit, family members of Greek citizens enjoy equal rights with the Greek citizens and have the same possibilities with them to access the labor market. To procure a residence permit, I need to invest €250,000 into Greek property, right? UAE Resident Permit . 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. You have to pass the Greek language test. If two or more investors wish to purchase a more expensive property then the share of each investor should be of 250,000 Euros minimum. COSTS A-Z SPEED. BUT, it has always been true that you need to show proof of insurance coverage, proof of income, proof of residence in Greece (lease, mortgage, etc. The investor may transfer the real estate to another foreigner at the end of five years period. A five-year residence permit can be converted to a permanent residence permit after five years, provided the permitted periods of absence are not exceeded. The applicant must be at least 18 years old. Greece has the most affordable Investment program in Europe with the minimum required investment amount of 250,000 Euros. family member „– Directive 2004/38/EC, family member under Directive 2004/38/EC” issued by the – Ministry of Interior with validity of 10 years. The Greece My Residence permit was launched in 2013 to attract foreign direct investment by facilitating the stay of non-EU nationals, who are granted a five-year residency visa, in return for a real estate investment of EUR 250,000. The Greece Residency by Investment Program was introduced by the Greek government in 2013 to enable genuine investors to acquire residency in Greece by investing in real estate. 5. 1. Those who have a residence permit in Spain can apply for citizenship after 10 years of residence. According to the provisions of the Law, a citizen of a third country (i.e. A residence permit is any documentation issued by the Greek authorities, according to which a third country citizen is given the right to reside legally within Greek territory, in accordance with the provisions of the European Union (Regulation 1030/02 as applicable). We are here to help you archive your dream! The five-year residence permit may be renewed every five years thereafter provided the … Greece offers five year residence permit (permanent one) which has to be renewed once every five years, under the golden visa scheme for real estate buyers and property owners.. Property owners must seek a gold visa (entry visa or residence permit) either at consulate or at migration office in Greece in person. A worker from a non-EU country must first obtain a visa to enter Greece and then apply for the residence/work permit once in Greece. A residence permit can also be approved for applicants who own more than one real estate property in Greece with a combined worth of at least €250.000. According to the immigration programme of Greece, you can choose one of the options based on your needs and interests. This visa can be acquired under 90 days and is renewable every five years, if the property investment is retained. You need to visit Greece three times during this time. Greece Residency Benefits. Investment amount: from € 250,000 (excluding taxes). non EU- national), having entered in Greece legally through any type of entry visa or already residing in Greece legally, is entitled to apply for a residence permit which is valid for 5 years in Greece, if: Greek citizenship possible after 7 years of uninterrupted living in Greece. Choose property. You can apply for a second passport only 10-12 years after receiving a permanent residence card, and if all the rules of residence and the conditions of the immigration program are complied with. The residence permit validity is extended to 10 years for individuals who apply for permanent residence status. Instead of buying real estate, it is possible to rent a hotel for 5 years or an apartment in a tourist complex for 10 years, to buy land for construction or a share in a tourist property. A five-year residence permit can be converted to a permanent residence permit after five years, provided the permitted periods of absence are not exceeded. 2.3 Residency permit issued with a validity of 10 years. You need to visit Greece three times during this time. All permits as of then are valid for five years each. The European residence permit makes the world closer, and its benefits more accessible. Family members can also get a residence permit in Greece. Greece currently has an overall falling crime rate when charted over the last 10 years, with levels sitting lower than the UK. The contract must cover a minimum duration of 10 years and €250,000 in rental amount; The contract must require a single payment of the rent for the equivalent of the ten-year leasing of the property; You may renew your Golden Visa residence permit every five years. No requirement to live in Greece. The Greece My Residence permit was launched in 2013 to attract foreign direct investment by facilitating the stay of non-EU nationals, who are granted a five-year residency visa, in return for a real estate investment of EUR 250,000. 1.2 Residency permit issued with a validity of 5 years; 2 For Residency by Strategic Investment: 2.1 Application is submitted at Invest in Greece agency. There are several investment options, but the most common route is through purchasing real estate worth at least a quarter […] A special five-year, long-term EU-wide residence/work permit applies to non-EU citizens who can prove they have been legally living and working in Greece for a minimum of five (5) years with a full residence/work permit. Years for Permanent residence permit to lead to Citizenship: - Citizenship can be obtained after 10 years of legal residence in Latvia if the applicant has been a permanent resident for the last five years preceding the date of submission of the application. 675 000 $ Residency in 1-2 months . The Greece Golden Visa Program is a residence-by-investment program launched in 2013 that enables non-EU nationals and their family members to obtain permanent residence permits in Greece. This would then be switched to the blue residence permit after five years in Greece. Benefits of Greece residence permit. A five-year residence permit can be converted to a permanent residence permit after five years, provided the permitted periods of absence are not exceeded. The Residence permit in Greece must be renewed every 5 years. Greece5, in order to attend a full-time curriculum in Greece, may be provided, upon physical presence at the Greek Consular Authority and a corresponding interview, a national visa valid for up to 365 days and then issue a residence permit valid until the end of their … However, applicants are advised to take a biometrics test when they submit their residence … 5-year permits for real estate owners in Greece A residence permit for real estate owners (“Investor Permanent Residence Permit”) is a new type of residence permit for third country citizens (outside of the European Union) who have entered the country legally on any kind of visa (type D or C). Citizens of non-EU countries who own or intend to acquire a property in Greece (proven with documents) are allowed to obtain a residence permit for a period of 5 years, with the minimum value of the property being two hundred and fifty thousand euros (250 000 €). Schengen access. An alternative route to reside in the country is to obtain a Greece residence permit by making a minimum investment of 250,000 EUR. Which family members are entitled to the Residence Permit? Investment program at real estate in Greece, is for 5 years with the possibility to renew your permit every 5 years. This residence permit is permanent.. However, applicants are advised to take a biometrics test when they submit their residence … Greece introduces new residence permits for EU and non-EU nationals living in the country. • Citizens of the United Kingdom and their family members may be granted residence permits for a duration of 10 years if they have already right of permanent residence in Greece, i.e. Applicants only have to visit Greece once to obtain a residence permit for financially independent persons. non EU- national), having entered in Greece legally through any type of entry visa or already residing in Greece legally, is entitled to apply for a residence permit which is valid for 5 years in Greece… Application Process please note that It is not a work permit. Greek residence permits for U.K. citizens will last five years for those who do not apply for permanent residence status and ten years for those who do. Applicants do not need to be in Greece to apply for a residence permit, but officials recommend that the biometrical tests take place on the same date of the submission of the application. However, applicants are advised to take a biometrics test when they submit their residence … The residence permit for independent persons is issued for two years and may be renewed. ** Noted here that prior to 2010, the law 3284/2004 foresaw 10 years of legal residence as a prerequisite for naturalization irrespective of the type of residence permit. The new residence permits will be valid for 10 years for those that have established the right of permanent residence and five years in the opposite case. Passport in 7 years. The program’s qualifying options are: … The residence permit will have a 10-year duration if the applicants have been living in Greece for five years or a five-year duration if they have been living in the country for less. The Greece Residency by Investment Program was introduced by the Greek government in 2013 to enable genuine investors to acquire residency in Greece by investing in real estate. The government of Greece introduced a procedure to obtain residence permits, which can be renewed every five (5) years, for owners of real estate by third-country citizens, the value of which exceeds €250.000, adopting a friendlier stance towards The residence permit for financially independent people is issued for a period of 2 years and has to be renewed every 3 years. The second Greek residence permit option is available to persons investing in real estate who fulfill the below conditions: Have obtained a special visa from the Greek consulate/embassy in the country of legal residence Portugal. A residence permit for real estate owners is a new type of residence permit, for third country citizens who have received a Visa for the same purpose.#Beneficiaries of the right of entry and residence, for a period of five years, are: a) third country citizens who own real estate property in Greece, either Process of sponsoring a non-EEA worker. The residence permit validity is extended to 10 years for individuals who apply for permanent residence status. The Greece Golden Visa issues a permanent permit, renewable after 5 years. You come to Greece to choose property. The applicant of the said residence permit is also obliged to rent a house in Greece. The only conditions are that you continue to own the real estate or lease for commercial real estate. permit is issued for the children of third country citizens who have been accepted into Greece based on the terms and conditions of article 36A and turn 18 years old. However, this type of residence permit does not allow access to the labor market. The whole procedure takes 10 to 14 weeks. UK nationals and their family members can apply for the new residence document from January 1, 2021, supplying the necessary supporting documents. A residence permit valid for five years is granted to a non-EU citizen, provided that the later has obtained a visa (Golden Visa) and: W Legally owns, either personally or through a legal entity (the applicant must wholly own its shares) real property in Greece (of minimum value €250,000) Blue residency holders had more rights in Greece. A five-year residence permit can be converted to a permanent residence permit after five years, provided the permitted periods of absence are not exceeded. In 2018, the UAE launched a series of long term visa catering to business people and key workers. Check-up of title deed ownership is done every 5 years; The permit is issued in 10 working days for properties in Greece with the exception of Santorini, which takes 3 months.
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