The applicant can invest in … It is also has favourable family rules. The Greek Citizenship by Investment Program (CBI) offers affluent persons of impeccable standing to receive the Greek (EU) citizenship and passport after seven years in permanent residency status, having spent at least 180 days per year in Greece. Greek Golden Visa Program started in 2013 and is considered as one of the most affordable residency by investment programs that provide visa-free travel in Europe. Greece Citizenship / Greece Residency Contact Us. While Cyprus’ investment citizenship program has been suspended, its residency by investment program, or “Golden Visa”, remains intact. Qualifying family members include spouse and all children under 18. But if you don’t want to spend that kind of money, you can opt for citizenship by descent. Also, when you gain citizenship, you have several EU rights as well. Because of the need to reside in the country the Greek golden visa program is considered a residency investment program rather than citizenship by investment. Greece Golden Visa – Greece Citizenship By Investment 2019. Qualified candidates include international business executives, investors, public figures, VIPs, and important persons - many of which are are active … In July 2015, Greece introduced new amendments to Law 4251/2014 under the Law 4332/2015, giving Non-EU citizens the right to obtain citizenship with all the European benefits LEGAL BASIS The Greece Golden Visa Program is the most affordable and fastest Residency by Investment … What makes CBI online platforms so popular? 4332/2015, Greek Government Gazette Number 76 A’, July 2015] For the citizenship eligibility there are certain criteria to be met: - Knowledge of Greek language. The Greek Golden Visa is a residence by investment program, which allows the investors to obtain permanent residency in Greece in exchange for an investment in real estate. Citizenship by Investment; Golden Visas; Citizenship By Ancestry; International Investment; Cryptocurrency; Flag Theory; Lifestyle Design; Select Page. Greece Citizenship by Investment provides a Golden Visa Program as an avenue or method of obtaining Permanent residence in Europe by investing in real estate in Greece. Invest € … Greek immigration by investment programs. Access to best education and healthcare systems in Europe. The Greece Citizenship by Investment scheme (GCBI) proposed has a limited quota of 200 citizenships per year. 4. Greece Citizenship / Residency by Investment. Athens. Top 14 FAQ About Greece Residency and Citizenship by Investment. Rental income from property in Greece is taxed at rates, from 11% to 33%. Greece is an EU Member State, so you would have access to the EU free market and visa-free travel to more than a hundred countries. Greece is planning to launch a new citizenship by investment program during the first quarter of 2020. Citizenship By Investment Even though Greece doesn’t have a citizenship-by-investment program, foreign investors, who are Greek Golden Visa residents, may … We asked for the cheapest family passport, they went as far as providing us a discount” – Muhamed,  UAE. Non-residents in Greece will pay tax on their income derived in Greece but not on income from outside of the country. Greece is a leading tourist attraction in Europe. Provided everything is done correctly at this stage the client will not need to visit again to collect the residence permits. Applicants gain the right to live in Greece although there is no requirement to do this. Greek-Americans are flocking to consulates in the United States and applying for Greek citizenship — even during the pandemic — in hopes that they can more easily travel there in the future. Greece enjoys a strategic location as it is close to both Africa and Asia. These days, with direct flights from everywhere … The investment program of Greece is valid since 2013 and allows foreigners to acquire a residence permit for 5 years through the purchase of real estate or investment in a state project. Out of all the European countries offering citizenship by descent, Greece is, perhaps, the most desirable. Citizenship by investment programs (CBI/CIP) gets you fast track citizenship within months, waiving naturalisation requirements such as residency, military service, language requirement etc. European Citizenship Visa Free Travel Greece citizenship is sought-after as it has the 15th largest economy in the … Sure, you can invest in Greek real estate and obtain citizenship that way – in fact, Greece is one of the cheapest places where you can get a residence by investment. However the applicant can set up business in Greece. Most notably, Greece Golden Visa is the most cost-effective route to residency and visa-travel in Europe. The Greek government announced it may expand the scheme by introducing government bond and bank deposit options for €400,000 The new Greek government is planning citizenship by investment program, with a minimum investment of EUR 2.5 million, for 2020. Greek. Securing a Greek citizenship by investment and permanent residency brings a wealth of benefits for you and your family including freedom to travel, attractive tax policies, great quality of life and rewarding business opportunities, among others. The property, which can be located anywhere on the Greek mainland or the islands, can be either residential or commercial. It was launched in 2013 and like others, it’s often called a ‘golden visa’ program. The Citizenship scheme will be designed by Greek government and foreign investors must satisfy the following criteria. Our business model of online platform makes it cheaper and faster for clients as we directly with authorized agents, law firms and property developers approved by Governments without any intermediaries. He visits Greece and appoints a Greek lawyer as his proxy. Highly recommended people”. There is no minimum stay requirement and the residency visa can be renewed after five years providing the investment is maintained. Throughout the five years, Golden Visa holders must maintain their investment property. This is known as the lowest investment level for this type of visa in Europe. Greece Citizenship by Investment. Serving HNW clients since 2011. The Greece Golden Visa Program is considered one of the most affordable residence-by-investment programs that provides visa free access to European Schengen Area. GREECE PERMANENT RESIDENCY: Methods of Investment for Permanent residence permit : - Investment in real estate by 250,000 Euros. Best Citizenships is now a part of Yellow network, “Very honest and professional service. Greece recognizes dual citizenship; Investors can renew their 5-year Residency Permit indefinitely, provided they meet the renewal requirements per the programme; You, your spouse and children younger than 21 years old can acquire Residency Permits provided they meet certain criteria; GREECE RESIDENCY BY INVESTMENT PROGRAMME BENEFITS Our clients have shown a great deal of interest in Greece residency by investment, so we have compiled this top 14 FAQ to answer some of the common questions we receive. Citizenship European Program Greece GCI - Global Citizenship Investment. The purchased property can be in the mainland of Greece or the islands and it can be residential or commercial. To start the application process online please register here. Permanent Residency in Greece may be obtained through a secure €250,000 (excluding VAT), or more, investment in real estate. Today we received our passports, a happy day. Greece offers the most cost-effective EU Residency program at present. i. The golden visa program in … This represents 80.8% of the world’s wealth measured by GDP and 92.5% of worldwide travel popularity based on international visitors.The 198 total destinations include 170 countries and 28 overseas territories. Q: What are some of the reasons the Greek citizenship by investment program is attracting so many … This allows the investor to apply for citizenship after seven years of permanent residence in Greece, provided that they spend at least 183 days each year there. You could invest in real estate, a Cypriot business that employs five local citizens, bonds or securities of a Cypriot business licensed by the Securities and Exchange Commission, or a combination of these choices. The program ultimately awarded its investors with a Greek residence permit but not citizenship. Limited to 200 investors per year. Apart from purchasing real estate, … May I purchase a combination of … A Greek Citizenship by Investment Program Could Arrive. GREECE RESIDENCY BY INVESTMENT PROGRAMME. European Citizenship, From €350,000 “Concerns have been raised among Cypriot land developers and service professionals that the new government in Greece is preparing a Greek Citizenship for Investment Program, which will resemble that implemented by Cyprus in recent years and which has contributed … 19 likes. This is part of the new renewed efforts by the newly elected Greek government aiming to achieve significant FDI in the country to achieve 3% GDP growth. The Greek Citizenship by Investment Program (CBI) offers affluent persons of impeccable standing to receive the Greek (EU) citizenship and passport after seven years in permanent residency status, having spent at least 180 days per year in Greece. The Greek Government established this program in 2013 as a means of supporting foreign investment. You have access to Greek education and healthcare; Duration of a Greece Golden Visa. In addition to the real estate investment applicants will need a clear criminal record and medical insurance to cover any stay in Greece. It is a special limited CBI scheme similar to that of Cyprus with EUR 2 million investment. A top-class tourist destination, … Greece is made up of hundreds of small islands. Greece citizenship is sought-after as it has the 15th largest economy in the EU and it is the seventh most visited country in Europe. Citizenship European Program Greece GCI - Global Citizenship Investment. Greece enjoys a strategic location as it is close to both Africa and Asia. Any number of properties can combine to make up the €250,000 minimum investment. Greece Golden Visa ⏩ MIGRONIS Greece Permanent Residence Permit by Investment ☝ Visa-free access to Schengen Area! Full Family Application, From $150,000 Donation Once granted the Greek residence permit allows freedom of travel throughout the EU Schengen zone. No Requirement to Reside This allows the investor to apply for citizenship after seven years of … High living standards and high quality of living. Taxes on property are high and the restrictions on citizenship make it less attractive than the programs of Portugal and Cyprus. This is one of the main reasons why citizenship by investment programs are so popular and also less time consuming. The golden visa program in Greece offers an affordable real estate investment route to permanent residency in Europe. The most countries are in the process of planing for Citizenship by Investment, while Citizenship by Investment Greece is already starting and receiving candidates for Citizenship by Investment Greece to make a solution for Citizenship by Investment. The property, which can be located anywhere on the Greek mainland or the islands, can be either residential or commercial. Most notably, Greece Golden Visa is the most cost-effective route to residency and visa-travel in Europe. A real estate investment amounting to €250,000 is required for a residency visa. A real estate investment amounting to €250,000 is required for a residency visa. [law No. Capital gains tax (CGT) is charged at 15% on property sales. Cons Those desiring Greek citizenship will have to wait seven years, so it is quite a long journey to citizenship, however, during this period, only investment (and not residency in Greece) is required. Iceland. Greece Citizenship / Residency by Investment. With the … Well, I’d rather n… The Greek government set up its Golden Visa Program in 2013. Residency by Investment Program. There is also an option of combining many properties to make up the €250,000 minimum … Minimum outlay €250,000; Processing time 2 months to residency / 7 years to citizenship; Residency or travel requirements 1 day in Greece every 5 years; Freedom of movement 184 countries Investment Options 10 Overview Applicants can gain citizenship via a residency route offered by its residency by investment programme.It is known as a … An investment of €250,000 should be made in real estate in Greece which makes the Greek citizenship by investment program the lowest investment of a residency visa scheme in Europe. Greece is also planning to introduce EUR 2 million citizenship by investment program by 2020 to attract more foreign investment in the country; 1. Despite the recent global financial crisis, the country’s economy is thriving and its tourism industry, agriculture and service are booming. Our clients are successful businessmen and their families think smart about their future. TAGS: Global Insight Greece citizenship by investment Market overview Elena Karitzis, Head of the Immigration and Corporate Administration Departments and Andreas M. Damianou, Partner at A. Karitzis & Associates discuss how real estate investment is fast becoming a route towards permanent residency and citizenship in Greece Citizenship by investment is a process by which an individual obtains a second passport and second citizenship by investing in the country ― usually in the form of property investment. We initially struggled arranging documents and paperwork, but the company was assisting us in every step. Live, work, study and do business in other EU-28 member states, The Greece Citizenship by Investment scheme (GCBI) is limited quota of, Investment in properties can be done through Legal entities or Greek companies. Invest in hotels and real estate with prevailing low prices, Greece has best EU passport in the world with visa free access to US and Canada. Best Citizenships (BC) is a global brand for citizenship and residence planning for wealthy HNW clients. The Greek Golden Visa real estate investment option offers non-EU applicants the possibility to purchase one or more properties worth at least €250,000 in return for a five-year residency permit. Greece. Greece offers a residency by investment program to non-EU citizens who splash $300,000 (£225k) or more on property in the country. The applicant needs to have made the property investment in Greece prior to applying for the visa. However the option for citizenship is there for those committed to living in Greece. Yes. The Greek passport is one of the highly respectable and powerful EU passports in the world. It is one of the most preferred programs in Europe, particularly due to its low investment threshold. Currently only Greece Golden visa scheme is available and actively running. December 17, 2018 SA No Comments Categories: Citizenship. 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