Golden Visa


PROPERTY FOUNDERS

Greek Golden Visa: How many investors obtained the residence permit in 2021


Approximately 890 investors, as well as 2.658 members of their families, became holders of the Greek Golden Visa, according to the statistics published by the Migration Service of the country for year 2021. It is important to note that the Golden Visa program remains in great demand. even during the last 2,5 years of pandemic. At the same time, Russian, Chinese and Turkish citizens are showing great interest in obtaining the Golden Visa. The Greek Golden Visa began to be issued in 2013 and, from the very beginning, proved to be very popular among citizens of countries such as China, Egypt, Saudi Arabia and Russia. In 2014, 723 foreigners had already acquired the Golden Visa and by November 2021 this figure had grown to 28.000, both investors and the members of their families. The past year, some significant changes have taken place in the procedure of acquiring the Greek Golden Visa. Starting from May 2021, the documents required to obtain the residence permit are examined by a specific department, which led to the reduction of the needed time for obtaining the Golden Visa. In fact, nowadays the procedure is completed in one month instead of the three needed previously.

What privileges do investors acquire along with a Greek residence permit

Along with a Greek Golden Visa, investors in the country have the following benefits:

1. Travel with their family within the Schengen Area without a visa for 90 days within half a year. What is more, an investor holding a Golden Visa is not required to reside permanently in Greece.

2. The Residence Permit is granted immediately for a five year period.

3. Possibility to obtain the EU citizenship in the future. The investor has the right to apply for it after seven years.

4. Right to purchase and register a personal car or boat in the country.

5. Right to study in Greek schools and universities free of charge.

Loading...