Golden Visa Greece: What You Should Know?

When we talk about the most wonderful tourist destinations in the world, Greece islands are always rated on the top. The biggest reason people love to visit this place time and again in their life is the affordable facilities and wonderful lifestyle. Many business professionals and investors even get interested in investing in Golden visa Greece program. 

In order to avail permanent residency of Greece, all that you need to do is invest in property having worth more than 250,000 euros. You can make a single investment or take part in multiple investment programs as authorized by Greek government. Experts reveal that there are so many benefits of investing in Greece's golden visa. If you are excited to know more about this program, we advise you to go through the details below. 

What is Greece Golden Visa?

As per the law no. 4521/2014, investors from any country can avail of European residence permits by investing a specific amount. The one who gains access to PR in Greece can also enjoy free movement in the Schengen area. 

A golden visa is usually granted for almost five years; however, it can be renewed further by following certain conditions. The best thing to know about this visa program is that it allows residency to the proposed investor along with his family. The family here includes the spouse, children within the age group of 21 years and parents of the individual and the spouse as well. 

The prime eligibility criteria for obtaining a golden Greece visa is that the applicant must be above 18 years. Also, the invested amount must be at least EUR 250,000. 

Why invest in Greece real estate?

You will be happy to hear that Greece is a member of the European Union, and it is rated as an affordable country for living. It offers several amazing investment opportunities to the interested real estate buyers. There are so many benefits of investing in Greece, and few of them are listed below:

• It takes very little time to process the documents. You will avail your residency permit just within 40 days. 
• Greece offers several opportunities to get higher returns from investment. With the Greece golden visa program, you can either run a hotel or tourism facility in the area. 
• The golden Greece visa program also includes family members of the applicant. The parents, spouse, and kids below the age group of 21 years can avail the benefits of this program. 
• You will find it easier to process the documents for Greece's golden visa because there is no restriction over nationality. 
• One can avail of unlimited renewal for the residential permit. If the investment is running on your name, you can renew the visa for indefinite time. 
• With Greece's golden visa program, you can also avail dual citizenship. 
• The convenient geographical locations of Greece make it easier to invest in this country. 
• The property prices at the current stage are low, and they are expected to rise with time. It means you can avail higher resale value at later stage.