WHY CHOOSE GREECE?
■ Greece is located in southeastern Europe, bordering three continents: Europe, Asia, and Africa. The capital of Greece is Athens.
■ It is also the largest and most famous city in the country. Greece is a member of the European Union (EU) and the Schengen Area.
Economy:
■ After a decade of crisis, the Greek economy has gradually recovered. In 2019, the Greek economy grew by 2%.
■ Real estate transactions in Greece increased significantly during the recovery period: up to 8.3% and in Q4/2019 increased by 75%.
■ Preferential tax policy from July 2019, Greek real estate tax has been reduced by 22%.
■ Tourism accounts for more than 20% of GDP. In 2018, the growth rate reached 6.9% with about 38 million visitors.
GDP per capita:
■ 18,034 EUR (2019).
Weather/Climate:
■ Greece has a typical Mediterranean climate:
■ Mild winters and pleasant summers.
■ Favorable weather with plenty of sunshine.
Education:
■ Public schools in Greece teach in Greek, and with the Greek Golden Visa, investors' children will receive free education at public schools through to university.
Healthcare:
■ Greeks are consistently among the healthiest groups of people in the world, with good quality of life and scientific dietary habits.
■ The Greek healthcare system is among the highest quality and lowest cost among EU countries.
Other strengths:
■ Beautiful natural landscapes with over 6,000 islands of various sizes.
■ Known as the "land of mythology", Greece is one of the countries with the most brilliant civilizations in human history.
INVESTMENT PROGRAM
GREECE PERMANENT RESIDENCE PERMIT (GREECE GOLDEN VISA)
The Greek government's investment program allows investors and their families with foreign nationality from the European Union to become residents in Greece and can travel freely in 27 countries belonging to the Schengen Area without needing a visa.
Family members can travel together:
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Spouse/legal partner;
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Children (including adopted) under 21 years old;
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Parents (of both investor and spouse).
Investing for permanent residence in Greece is one of the paths to European citizenship with the lowest investment threshold and fastest processing time.
The total time from having a Greek Golden Visa until obtaining citizenship is approximately 8-10 years, depending on the application approval. But from day one, investors and their families can live, work, or study in Greece.
Children receive free education at public schools through university.
BENEFITS OF INVESTING FOR GREECE PERMANENT RESIDENCE
Freedom to live, work and study in Greece.
Passport privileges: travel to 5 continents (184 countries). Travel to 27 countries in the Schengen Area without a visa (stay up to 90 days/6 months in one country).
Enjoy healthcare and education like local citizens.
Citizenship after a minimum of 7 years living in Greece. With Greek citizenship, investor families have the right to live in any country within the 27 EU member states.
With Greek citizenship, enjoy visa-free travel to over 180 countries without needing a visa or just requiring an electronic visa, including major countries like the US, UK, Japan, Australia, and other European countries.
ADVANTAGES OF GREECE PERMANENT RESIDENCE PROGRAM
One of the European permanent residence programs with the lowest investment threshold (minimum investment starting from 250,000 EUR)
Fast approval time: approximately 12 months
The purchase process for any property is fully implemented in Vietnam. After purchasing the property, investors will receive a certificate of ownership, and the investor will be issued a residence permit when arriving in Greece
No minimum age requirement, high road safety
The program allows children over 18 years old to invest (with a guardian or trustee)
No language requirements, business experience, education, or legal background required
No interview required
No minimum residence time requirement to maintain permanent residence status
GREECE PERMANENT RESIDENCE INVESTMENT CONDITIONS
Investment Types
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Real estate investment with a minimum value of €250,000.
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Purchase of real estate for tourism purposes or residential real estate in tourist areas from the list of areas that can be used for residential purposes.
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€500,000 EUR: Investment in any real estate in Athens, Thessaloniki, Mykonos, Santorini, and other islands with a population of over 3,100 people.
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€400,000 EUR: Other regions.
For Main Applicant
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Spouse/legal partner.
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Children (including adopted) under 21 years old.
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Parents (of both investor and spouse).
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Must have health and travel insurance.
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Permission to work only if the applicant is a legal entity (must be a legal entity to invest).
For Family Members
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Must have health and travel insurance.
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The investment program requires a legal source of funds.
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Permission to work only if the applicant is a legal entity (must be a legal entity to invest).
GREECE PERMANENT RESIDENCE INVESTMENT PROCESS
Step 1
Sign service agreement and support agreement
Step 2
Sign real estate purchase contract in Greece
Sign real estate purchase contract
Step 3
Transfer investment funds (amount depends on the chosen investment area and ownership option)
Step 4
Submit application to the Greek Immigration Department for approval
Step 5
Receive Blue Card (temporary permit), allowing free entry to Greece during the approval period
Travel to Greece for biometrics and pay residence permit fees
Step 6
Receive official residence permit
The residence permit is sent to Vietnam by mail or to the Greek Embassy every 5 years for renewal until citizenship eligibility conditions are met
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