INVESTMENT ACTIVITY

GREEK GOLDEN VISA OPTIONS

Residency by Investment Activity

Apart from being a unique place to live in, Greece has a huge investment potential in various sectors, such as infrastructure, tourism, energy, information & communication technologies, agriculture, logistics. In this framework, it seeks to attract international investments that have a documented positive impact on national development and economy.

Key points

  • Golden visa granted for non – EU/EEA foreign investors for business activities (strategic investment) in Greece
  • Amount of investment starting from 250.000€, available through own funds
  • Duration of residence permit is 5 years
  • Possibility of renewal for an equal period each time, as long as they maintain their position in relation to the investment and the investment continues to be active.
  • Number of permits allowed per investment project, other than those granted to investors, cannot exceed 10, depending on the overall investment scale and the characteristics of the investment.

Beneficiaries

  • non–EU/EEA citizens who intend to invest in Greece (investors), either as natural persons or through a local legal entity
  • non–EU/EEA citizens, company executives involved in the implementation and/or the operation of the investment project. This provision on non–EU/EEA citizens company executives, also applies to domestic established enterprises which currently implement a new investment.
  • Up to ten (10) permits may be granted to non–EU/EEA citizens, depending on the overall investment amount, additionally to those granted to investors for this same investment project.
  • up to three (3) non-EU/EEA citizens, depending on the investment amount, who are either shareholders or company executives of the foreign legal entity intending to invest in Greece.
  • Family members of a non-EU/EEA citizen, to whom a residence permit is granted.
The above third-country nationals may be accompanied by their family members who will be granted a family reunification residence permit, expiring simultaneously with the residence permit of the sponsors.

What is a strategic investment

The investment must have a documented positive impact on national development and the economy. It can be implemented through the construction of new facilities or business acquisitions, restructuring or expansion of current activities. Factors taken into account are job creation, promotion of domestic resources and vertical integration of domestic production, export orientation, innovation and adoption of new technology.

Are you thinking of making a strategic investment in Greece? Contact us in order to discuss further details!

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