Greece, a land of ancient history, breathtaking landscapes, and vibrant culture, invites you to make it your second home through the Greece Residency Program by Investment. Launched to welcome international investors in 2013, this program offers you the unique chance to secure a Greek residency permit by making a significant financial contribution to this captivating Mediterranean country.
BENEFITS OF GREEK RESIDENCY
The only program being the neighbor of Turkey
Fast and easy approval processes
8 flights a day to Athens
16.000 km coastline, around 400 blue beaches
3.000 islands including 170 habitable islands
250 sunny days a year
The country with the closest culture to Turkey.
ELIGIBILITY CRITERIA FOR GREEK GOLDEN VISA
Applicants must be over the age of 18.
Applicants must not have any history of criminal records, in any country in which they have lived.
Applicants must make a significant investment in Greece.
Applicants must have obtained health insurance from a company operating in Greece.
FAMILY MEMBERS WHO CAN BE INCLUDED:
Spouse
Children, whether biological or adopted, of the main applicant or of the spouse, if aged under 21
Parents of the main applicant or of the spouse
INVESTMENT OPTIONS
REAL ESTATE
The investment requirement for the Greece Golden Visa, which allows property acquisition, will stay at €250,000 in specific regions, making it one of the lowest among Europe's popular investment residency programs. However, as of July 31st, 2023, it has increased to €500,000 in Athens, Thessaloniki, Mykonos, and Santorini municipalities.
Vesta Global Program Services
Attorney services (real estate acquisition and golden visa transactions)
Notary public fees
Greece real estate commissions
1-year minimum health insurance required for a family of 3
Golden Visa applications for a family of 3
Court expenses
Obtaining a tax identification number
Other expenses such as VAT difference (VAT is 24% in Greece)
Vesta Global service fee
Taxes
VAT of 24% for the first-hand real estate
Purchase and sale tax of 3.09% for the second-hand real estate
Title deed registration tax of 0.5%-0.8% (varies by region)
Annual real estate tax of 0.25%-0.35% (varies by region)
Tax of income from rental of 15% (increases gradually)
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