About Greece Golden Visa Program
Greece Golden Visa Residence Permit Program is started in 2013 and offers residence permits via investment in Greece to non-EU citizens and their families. The residence permit renewed indefinitely once every 5 years as long as the investment tools ownership belongs to the applicant.
Greece Golden Visa Program Advantages
- Investment in property from €250.000
- Residency for 3 Generation families, children up to 21 (+3 years)
- No requirement to reside
- EU Schengen visa travel
- No restrictions regarding the choice of the properties
- There is no written or verbal interview in the residence permit process.
- There is no education or work experience requirement.
- No Capital gain tax on resale
- There is no income tax collected from the foreigners other than the rent income tax.
- Combination of more than one properties
The right time to make a real estate investment in Greece!
After the great economic crisis, the real estate market in Greece experienced a decline like many other sectors and after 7 years of stagnation, the Greek real estate market started to attract the attention of EU and non-EU foreign investors. The real estate prices in Greece are still lower than the other European countries and the real estate prices in Athens is still 35% below their 2007 value. With that, the Greece Central Bank data show an increase in the 4th quarter of 2020 in the real estate prices for the first time since 2008. This data means this is the ideal period to benefit from the low-price advantages before the real estate market grows.
Get your return on investment in the shortest time!
Greece is a popular and attractive country welcoming a high number of tourists from Europe and around the world. Athens is a city preferred by tourists due to its affordable prices and cultural and social richness throughout the year. Since the city attracts a high number of tourists and is touristic heaven, it is advantageous for Airbnb. Greece has the shortest return of investment among the European countries with Airbnb and rent advantages.