Greece's Golden Visa: Lowest Investment Threshold in Europe
Greece's Golden Visa program, launched in 2013, has proven popular with over 14,000 families benefiting since 2014. It offers a unique opportunity with one of the lowest investment thresholds in Europe.
The Greek real estate market's recovery has fuelled interest in the Golden Visa program. A real estate investment of just €250,000 anywhere in Greece qualifies applicants for a five-year residence permit. This investment can be in property purchase or development.
The program extends beyond the primary applicant. Spouses, children under 21, and even extended family members like parents and in-laws can join and enjoy the benefits. There's no minimum stay requirement, and successful applicants gain access to public healthcare and education. Plus, they can travel visa-free within the Schengen area, comprising 26 European countries.
Applicants from China, Turkey, Lebanon, the UK, and Iran have been the most numerous. Notably, international income is not taxed in Greece if business activities are conducted elsewhere.
The Greek Golden Visa program stands out for its low investment threshold and extensive family reunification benefits. With no minimum stay requirement and visa-free Schengen area travel, it's an attractive option for those seeking European residency. The program's popularity reflects the Greek real estate market's recovery and the allure of living in Greece.
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