There is no minimum stay requirement and children up to the age of 21 are included in the family application. The visa is granted for five years and renewed every five years if the property investment is retained.
It is not necessary to live in the country in order to retain and renew the investor visa. However citizenship can only be granted after seven years of residency
Despite the economic crisis that the country is currently facing, efforts to improve public finances and apply crucial economic reforms are under way. The country is striving to use the crisis as an opportunity to boost its economy by applying a new viable model of development.
Competitive Tax Conditions
Greece has significantly reduced its corporate tax levels. A far-reaching reform of company taxation is helping companies invest, and secure new business. The Federal Governmenta��s raft of reforms to improve the general tax framework and keep indirect labor costs down are opening doors of opportunity to ever more investors. .
Quality of Life
Greece is not only a good country to invest but also a desirable place to live. Sunshine that brightens most of the days through the year helps people feel motivated and productive.
Greece is also a country characterised by sectors that present important competitive advantages offering vast business opportunities for investors. Its natural resources complement many areas of investment.
The program is aimed at high net worth individuals who wish to obtain permanent residence, with the possibility of citizenship, by purchasing a property.Permanent residence for 5 years (real estate option) or 10 years (strategic investment option).