Please bear in mind that resident permits for investment activity are granted to non-EU/EEA citizens (investors or executives) within the framework of the implementation of an investment project, following a positive assessment of the investment by the Foreign Capital Directorate, under the Ministry of Development and Investments An investor applying for a residence permit under this program should contribute to the investment with an amount of at least 250,000 euros, available through their own funds. The requirement that must be met by the investment is to have a positive impact on national development and the economy. Regarding your concerns about the Greek economy, I would like to ensure you that in Greece a new economy is in the making. Moody's rating agency gave Greece's market profile an unexpected boost on Friday by raising the country's credit rating amid the pandemic, citing the prospect of a robust recovery next year. Regarding your question for how long your resident permit for investment activity will be active, please be informed, that the required renewal (every five years) of the residence permit is a simple procedure, provided the beneficiary maintains his/her status in relation to the investment, which must continue to be active.
