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Greece Residency by Business Investment Program

Passport Rank

5

Investment Amount​

-

Processing Time

12 - 14 months

About Greece 

 

Greece is distinguished by its rich history, stunning natural beauty, and vibrant culture. It is one of the oldest civilizations in the world, located in a unique location at the crossroads of Africa, Asia, and Europe. It is a major tourist destination, home to numerous remarkable attractions, starting from the Acropolis in Athens to its enchanting islands such as Santorini and Mykonos. Visitors can explore ancient ruins and archaeological temples while enjoying golden sandy beaches and crystal-clear blue waters.

  • Language: Greek
  • Currency: Euro
  • Government System: Republic
  • Total Area: 128,900 km²
  • Capital: Athens

About the Greece Residency by Business Investment Program

 

This program provides people from outside the European Union with the opportunity to obtain a five-year residence permit by establishing a business or a branch of a company within Greece.

Benefits of the Greece Residency by Business Investment Program

 

  • Long-term Residence Permit by maintaining the company operations (renewable 5 years).
  • Freedom of movement between Schengen area.
  • Possibility of including family members (spouse and dependents up to the age of 21 years).
  • Possibility of obtaining permanent residency in Greece under certain conditions.
  • Possibility of qualifying for Greek citizenship under certain conditions.

Requirements for Greece Residency by Business Investment Program

 

  • Minimum capital of 4,500 EUR.
  • The company must be able to achieve annual sales of no less than 4,000,000 EUR.
  • The applicant must be a director in the company.
  • You must receive an annual salary of at least 30,675 EUR.
  • Pay income tax at a rate of no less than 15% up to 45%.
  • The applicant must have a clean criminal record.
  • The applicant doesn’t be a potential national security risk.
  • A comprehensive business plan must be submitted, written in Greek.
  • The applicant must have valid health insurance.
  • Statement of responsibility, declaring the intention to maintain the operations of the business permanently in Greece to qualify for the residence permit.

The cost of a Greece Residency by Business Investment Program

 

The capital required to establish a company or branch in Greece for limited liability companies is at least 4,500 EUR, and there are also other fees related to company registration, legal and tax fees, and visa application fees.

Procedures and steps

 

  • Signing the contract and collecting documents.
  • Business registration in Greece.
  • Apply for residency.
  • Arranging travel to Greece.
  • Obtaining the Blue Card (one-year residence permit for work and professionals).
  • Obtaining a long-term residence permit for 5 years.

Our Services

 

  • Providing advice on eligibility under program laws and regulations.
  • Providing advice on the required papers, procedures, and necessary costs.
  • Monitor and review necessary paperwork during the application process and advise on any additional requirements.
  • Preparing and applying to the competent authorities.
  • Coordination to provide biometric appointments with relevant authorities.
  • Open a bank account in Greece.
  • Follow up on the procedures of the concerned authorities.
  • Advice on additional requirements, if any.

FAQ’s

  • How do I obtain residency in Greece?

    One way to obtain residency in Greece is through business or real estate investment.

  • Is Greece considered a European country?

    Yes, Greece is a member of the European Union and also part of the Schengen Area.

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