According to art.20 of Law 4251/2014, beneficiaries entitled for the permanent resident permit, which shall be renewed every five years, are third-country citizens who own real estate property in Greece, either personally or through a legal entity of which they own the total of the company shares, provided the minimum value of the property is 250,000 euros. In no case does this kind of resident permit provide access to any type of employment. Employment, according to paragraph 6, article 20, of Law 4251/2014, does not include the exercise of economic activity in the capacity of a shareholder or a chief executive officer for an already existing company. So according to the above, you have two options. Either you could set up your own company, in which you have to own the 100 percent of the shares, based in Greece or in an EU country, and consequently this company will acquire the property. In your already established company you could run your scheduled economic activity. Or you could buy the property as an individual, buy the shares of an already existing company, or take the chief executive position in an existing company and run your business activity independently.
