Residency in Greece

Greece/June 2015

-For financially independent persons

-Through the acquisition of real estate property

a)For financially independent person – main criteria:

•Special visa from the Greek consulate/ embassy in the country of legal residence;

•Evidence of sufficient funds – EUR

2000.00 per month –  (additional funds, 20% for a spouse, 15% for each child) to proof consistent annual income to cover the living expenses;

•Full health insurance for all risks covered for Greek nationals with a private insurance agency

Residence permit to financially independent persons is valid for two years and may be renewed every three years.

b)Residence permit through the acquisition of real estate property – main criteria:

•Special visa from the Greek consulate/ embassy in the country of legal residence

•Applicant legally owns, either personally or through a legal entity whose shares are wholly owned by him, a property in Greece with a minimum value of EUR250,000.00; or

•10-year time-sharing contract with a minimum value of EUR250,000.00; or

•10-year lease of hotel accommodations or furnished tourist accommodation (houses) in tourist accommodation complexes with a minimum value of EUR250.000.00.

•Full health insurance for all risks covered for Greek nationals with a private insurance agency

Residence permit is valid for five years and may be renewed every five years as long as the Non- EU citizen keeps the ownership of the property / contracts

Both residence permits do not grant the right of access to any type of employment.

Procedure of obtaining the residence permits takes around two months through the acquisition of property and two – eight months for financially independent persons.

Our Services:

•Preparation of necessary forms and submission to authorities

•Representation of applicant for the communication with the authorities

•Arrange for all the necessary documentation needed to be gathered and submitted with the authorities

•Assistance on finding and acquiring the immovable property, as well as the preparation of necessary agreements and compliance with the law

•Opening of bank accounts

•Assistance with VAT refund

For further information or clarifications please contact us at +30 210 825 77 22 or athens@eurofast.eu