If you buy a property of minimum worth of 250,000 euros, you are eligible to get residence in Greece for 5 years. You do not need to stay in Greece during this period. You are allowed to stay in China.
Ask A Question | Learn more about Greece
How can foreign investors acquire alternative residence in Greece but continue to live in their home country?
I'm a businessman from China who wants to continue living in my home country but I would like to acquire an alternative residence in an EU country like Greece, mainly for the purpose of having a safety net for myself and my family. What options would you advise me?
Answers
-
-
The Greek Golden Visa scheme offers non-EU investors the following three investment options through which they can apply for a Greek permanent residence permit, renewable every 5 years, without any minimum stay requirement in Greece. Their family members also get theirs under the same investment. Real estate: No restriction on the type and quantity, with the right to rent it from the very first moment. Residential/commercial properties and even plot of land are all eligible as long as the total contractual purchase price reaches the minimum threshold of 250,000 euros. General investments are catered for entrepreneurial investors who would like to set up/expand their businesses in Greece, upon approval of a detailed business plan with a minimum budget of 250,000 euros by the Ministry of Economy and Development. Financial products, on the other hand, are for savvy investors who are familiar with investing in bonds, mutual funds, equities and the like. As of today, investors can choose between a term deposit/Greek stocks/corporate bonds/Greek Treasury Bonds with a minimum of 400,000 euros. Financial product is the quickest way of getting Greek permanent residency since the procedures are comparatively simple and straightforward. Generally, investors who aim at making a good rental income will go for the real estate option, however, since the end of last year, more investors prefer investing in financial products, especially term deposit to take advantages of travel mobility as well as financial stability and flexibility. An important factor to be taken into account is that investors can easily switch off their investments among the above mentioned options.
Call Us
+1-800-347-9390
