Key advantages of the Greece Golden Visa Program
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Embarking on the journey to obtain Greek Permanent Residency is an exciting endeavor, filled with opportunities for a new chapter in life.
In this comprehensive guide, we will outline the essential steps and eligibility criteria while emphasizing the invaluable assistance provided by Square One.
This guide aims to empower individuals and families with the knowledge needed to navigate the application process successfully, with a specific focus on real estate opportunities such as apartments for sale in Greece.
Key Advantages of the Greece Golden Visa:
The Greece Golden Visa program offers a quick processing time of approximately two months, enabling applicants to obtain their Permanent Residency status efficiently.
Unlike some residency programs, Greece's Golden Visa does not impose a minimum stay requirement. This flexibility allows individuals to maintain their residency status without the need for extensive stays in the country.
The Golden Visa extends its benefits to the immediate family members of the main applicant, including spouses, children under 21 years old, and in some cases, dependent parents.
Holders of the Greek Golden Visa enjoy visa-free travel within the Schengen Area, comprising 26 European countries. This privilege simplifies travel arrangements and enhances the overall mobility of the visa holder.
After holding Permanent Residency for a specific period, typically seven years, individuals may become eligible to apply for Greek citizenship. This opens up opportunities for full European Union citizenship, providing enhanced rights and privileges.
The Golden Visa not only grants the right to live in Greece but also allows individuals to reside in any European Union country. This flexibility is particularly advantageous for those seeking a European base for personal or business reasons.
Permanent Residency through the Golden Visa program allows access to educational opportunities within the European Union. This is especially beneficial for families with children who may desire to pursue education in EU institutions.
The real estate investment pathway, which involves investing at least €250,000 in Greek real estate, opens up a diverse range of options. This includes apartments and studios for sale in Greece, providing individuals with the opportunity to choose properties that suit their preferences and lifestyle.
1. Determine Your Eligibility with Square One's Expertise:
Before initiating the application process, it's crucial to understand and meet the eligibility criteria. Square One's team of experts can guide you through the common routes to Greek Permanent Residency:
a. Real Estate Investment: Invest in Greek real estate valued at least €250,000 for PR for you and your immediate family, including enticing options studios for sale in Greece.
b. Business Investment: Establish and operate a business in Greece, meeting specific financial criteria for eligibility.
c. Financial Independence: Demonstrate sufficient income or savings, such as a consistent income or pension, as another avenue to PR.
d. Family Reunification: Family members of Greek citizens or PR holders can apply for PR under this category.
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2. Prepare Necessary Documents:
Regardless of your chosen pathway, gathering essential documents is a critical step. With Square One's guidance, ensure you have all required documents ready:
a. Passport: Valid for at least three months beyond your intended departure from Greece.
b. Visa: Non-EU/EEA citizens need a valid visa, with a Schengen visa often sufficing for initial entry.
c. Proof of Eligibility: Provide relevant documents like real estate contracts, business plans, financial statements, or family relation certificates, especially if investing in Cyprus Real Estate.
d. Health Insurance: Proof of comprehensive health insurance coverage for you and your family.
e. Criminal Record Certificate: A certificate confirming no criminal record from your home country.
f. Proof of Accommodation: Evidence of your intended residence in Greece, whether through a rental agreement or property ownership documents, including details on apartments for sale in Greece.
g. Proof of Financial Means: If applying based on financial independence, demonstrate sufficient financial resources.
3. Apply for a Residence Permit:
Once your documents are prepared, initiate the application process for a Residence Permit with the help of Square One:
a. Submitting the Application: Submit your application at the nearest Greek consulate or embassy or the relevant Greek government office.
b. Paying Fees: Various processing fees apply, depending on your specific route.
c. Biometric Data: Provide biometric data, such as fingerprints, during the application process.
4. Attend an Interview (if required):
Depending on your chosen route, an interview may be required to discuss your application and eligibility.
Square One can prepare you for this, especially when applying through the financial independence route.
5. Wait for Approval with Constant Updates from Us:
The processing time for Permanent Residency applications varies, typically taking several months. During this period, Square One ensures regular updates on your application status.
6. Collect Your Residence Permit:
Once approved, collect your Residence Permit, granting you the right to live, work, and study in Greece, with support from Square One.
7. Maintain Residency Requirements:
To retain your Permanent Residency in Greece, Square One guides you on meeting residency requirements, which may include spending a minimum number of days in Greece or demonstrating financial self-sufficiency.
8. Apply for Greek Citizenship (Optional):
After holding Permanent Residency for a specified period, you may become eligible for Greek citizenship. This optional step, facilitated by Square One, offers additional benefits, including the ability to travel freely within the EU.
Conclusion:
Obtaining Greek Permanent Residency is a rewarding and complex process, made more accessible with the assistance of Square One.
By following this guide and leveraging the expertise of Square One, you can navigate the application process successfully and embark on a new and promising chapter in Greece.