According to Greek immigration law, beneficiaries of the right of entry and the permanent resident permit, which shall be renewed every five years, are also third-country citizens who have signed a timeshare agreement (lease), for a minimum of 10 years, for hotel accommodations or furnished tourist residences in integrated tourist resorts, provided the minimum cost of the lease is 250,000 euros. In such a case, the contract must require a single payment of the lease for the equivalent of the 10-year leasing of the property and the value that is taken into consideration for Golden Visa application is the the amount stated explicitly on the contract which has signed for the related lease and is submitted to the relevant application.
