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Settling in Greece is becoming an attractive option for many people who want to enjoy life in a developed European country rich in cultural history. So, what are the benefits of settling in Greece? What conditions must you meet to be able to settle here? How are the settlement procedures carried out? All these questions will be answered in our article below.
As a country in Southern Europe, Greece, with nearly 11 million people, is known as the cradle of brilliant ancient civilization. It witnessed the birth of democracy, Western philosophy, and the Olympic Games. With countless grand archaeological sites such as the Parthenon, Acropolis, Ancient Agora, and Santorini, Greece possesses a unique beauty that attracts visitors from all over the world.
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Main reasons why many people choose to Settle in Greece:
With a Mediterranean climate, Greece offers an ideal living environment with warm summers and mild winters. Many cities in Greece have good air quality indices and low pollution levels, providing a clean and healthy living space for residents.
Greece's education system is ranked 24th out of 50 of the world's leading education systems. Additionally, Greece has many international schools that offer English-language education programs, suitable for the children of expatriates.
Compared to many other European countries, the cost of living, including food prices, services, and housing in Greece, is relatively low, making it affordable for many.
Greece is attracting many foreign investors thanks to favorable policies in the tourism, real estate, renewable energy, and information technology sectors. Additionally, the Golden Visa program, which allows investors and their families to settle when they invest in real estate, further enhances the country's appeal.
Greece has both public and private healthcare systems that are highly regarded for their quality, ensuring comprehensive healthcare services for you and your family.
The final reason to choose Greece for settlement is its high level of security and political stability. The Greek government places great emphasis on maintaining law and order and ensuring the safety of residents, creating a peaceful and secure living environment.
The Greek Investment Residency Program, known as the Golden Visa, has been implemented since May 2013. It offers a golden opportunity for the entire family of investors (up to 3 generations) to obtain a Greek permanent residence card valid for 5 years.
The Greek Golden Visa Program is the most attractive residency ticket
Additionally, it allows each member to enjoy the full benefits of being a European citizen. With the lowest investment requirement among existing residency programs, combined with attractive investment opportunities and tax incentives, the Greek Golden Visa is currently one of the most prominent EU residency programs.
Participating in the Golden Visa program in Greece offers the following advantages and benefits:
Low Investment Threshold: The minimum investment amount is only 250,000 EUR.
Quick Processing: The residency application process can be completed in just 3-6 months.
Family Inclusion: Investors and their entire family, up to three generations, benefit from the program by receiving a permanent Greek residence card.
No Language or Work Experience Requirements: You do not need to provide any documents to prove language proficiency or work experience in business or management.
Eligibility for Citizenship: After residing in Greece for 7 years, you become eligible to apply for citizenship.
Schengen Area Travel: Enjoy visa-free travel to 26 Schengen countries, with a maximum stay of 90 days in each country.
Global Mobility: Gain the privilege of easy travel to 152 countries with visa-free or e-visa arrangements.
Convenient Property Transactions: The entire real estate purchase process is conducted in Vietnam. Upon completion, investors receive a green certificate to proceed with final formalities in Greece.
Full Property Rights: Investors have full rights to buy, sell, or lease properties as they wish. Permanent ownership ensures that the assets belong to the investor indefinitely.
Access to Free Education and Healthcare: Enjoy free education and healthcare services, along with the freedom to engage in any legal business across the territory.
To participate in the Golden Visa program, the following conditions are required:
Criteria to qualify for Residency in Greece
You must:
Be at least 18 years old and in good health.
Not hold citizenship of an EU or EEA member state.
Have health insurance from a provider in Greece.
Have a clear criminal record and stable financial background.
Invest in a real estate project approved by the Greek government.
Ensure the investment funds are transparent in origin and maintained throughout the permanent residence application process.
You cannot engage in paid employment in Greece, but you are allowed to invest or establish a business.
Dependents who can be included in the residency application are:
Legal spouse.
Biological or adopted children under 21 years old.
Parents of both the applicant and the spouse.
All dependents must have a clean criminal record, stable health, and cannot engage in paid employment in Greece.
Invest at least 250,000 EUR in one or multiple real estate projects in Greece. The real estate can be either commercial or residential. You can make the investment directly or through a wholly-owned company in Greece.
To obtain a Golden Visa and reside in Greece, you need to follow these steps:
Step-by-Step Guide to Obtain Greek Residency through the Golden Visa Program
Step 1: Choose a reputable and well-known agency specializing in visa services to handle the necessary procedures for your residency application in Greece.
Step 2: Choose a real estate project that meets your current conditions and the minimum investment requirement of 250,000 EUR. Finalize the property purchase and complete all necessary transfer procedures.
Step 3: Gather all required documents for the residency application, such as proof of funds, health insurance, a clear criminal record, and any other necessary paperwork.
Step 4: The authorized agency will submit your residency application to the Greek Ministry of Migration on your behalf.
Step 5: Wait for the approval letter from the Greek authorities.
Step 6: You will need to travel to Greece once for the collection of biometric data required for the residence permit. Provide your biometric data, such as fingerprints and photographs.
Step 7: Receive your Greek permanent residence card within 15 days after submitting your biometric data.
Here are some notable cities in Greece to consider for living:
Top 3 Cities for Residency in Greece
As the capital of Greece, Athens plays a central role in the country's economy and culture. With its strategic importance, the city attracts a large workforce due to its vibrant job market and modern amenities.
Not only the second-largest city, Thessaloniki is also known as the cultural heart of Greece. It preserves magnificent historical landmarks alongside a lively modern lifestyle. From ancient architecture to trendy bars and restaurants, Thessaloniki offers an exciting living experience.
Thanks to its favorable geographical location, Rhodes has historically served as a crucial commercial hub for Greece. However, Rhodes maintains a tranquil and peaceful atmosphere. Real estate prices here are reasonable, except for some luxurious villas worth millions of dollars. What truly sets Rhodes apart is its captivating medieval charm, a unique feature not easily found in other Greek cities.
When deciding to settle in Greece, selecting a reputable and professional authorized entity is crucial. We are confident that we are a worthy consideration because:
We are the optimal choice for your Greek residency plan
We have extensive experience in visa applications for various European countries, particularly the Greek Golden Visa. Moreover, we have successfully assisted hundreds of clients in settling in Greece.
It's clear that settling in Greece is an attractive choice with numerous benefits and potential opportunities. If you are planning to relocate to this country, don't hesitate to contact us at our website: https://quoctichthuhai.com/ for the most professional consultancy and support!
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