How can I establish a business in Greece and apply for a Golden Visa？

Is it possible for a foreign investor to register a company in Greece and make an investment of 400,000 euros in the company to support his Golden Visa application? If so, can he actively engage in the daily operation of the company? If the company doesn’t perform well and goes through bankruptcy, will the investor still be able to keep the Golden Visa?

Answers

On February 12, 2020 Vasiliki Papaloi answered:

You can establish a company as the sole shareholder in Greece and through the company, purchase property with a purchase price of 250,000 euros or more and apply for a Golden Visa.

On February 12, 2020 Stilianos Proestakis answered:

It is possible for a foreign investor to register a company in Greece and make an investment of 400,000 euros in the company to support his Golden Visa application. He could actively engage in the daily operation of his company. If the company doesn’t perform well and goes through bankruptcy, the investor will not be able to keep the Golden Visa when it is the time for renewal unless he is qualified for any other Golden Visa or residence permit.

On February 16, 2020 Mary Tsiganou answered:

You have the right to run the business either as a shareholder, or a representative of the Company. There is no need to be the only shareholder as in the first option. You can keep your residence permit as long as the investment is under operation.

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