How to acquire Greek Residence permit
The Greek Golden Visa Program is one of the most competitive and affordable programs in Europe. With a purchase of €250,000 only, you and your family can travel, reside, receive healthcare or pursue education anywhere within the EU.
The Greek Golden Visa enables visa-free travel to all countries within the Schengen Area, including Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden and Switzerland.
This program is one of the best ways to ensure your future as you have a second place to call home. Recent legislation changes now enable PR holders to apply for Greek (EU) citizenship as well.
The Golden Visa status in Greece offers to whomever is a beneficiary owning this certain visa, the advantage of free movement within the zone as provided by the Schengen Convention (“Schengen Convention Area”).
It is an extended area-zone, consisted by 26 EU member-states that have decided to abolish any passport or any other control check among them that would have taken place when at their borders. In other words, and in principle, the total area of the 6 operates as a single common zone which in this way it allows free movement, by practically setting in action a common visa policy. The zone itself has been named after the Convention signed in this small town in Luxembourg called Schengen in 1985.
Golden Visa offers the option of acquisition of citizenship in Greece and that of Greek-European Passport and after seven years’ time from the time of acquisition of Golden Visa.
In particular, according to article 31 of Law 4531/2018 the provisions regarding the Greek Nationality Code have been amended and they are to be introduced after 05/04/2018.
In addition and as per the under nr. 130181/6353/2018 of 02.04.2018 decision of the Minister of Internal Affairs του Υπουργού Εσωτερικών (Official Gaz. 1208/Β΄), the following have been added to the deeds of permanent residence that are to be accepted in order for foreigners of different origin to be granted with citizenship, namely the permits of indefinite term, those of ten-years’, residence permits regarding investing activities, residence permit of a real estate owner and permanent residence permit of an investor. The amendment of these permits is valid as of the date of the publication of the aforementioned ministerial decision i.e. as of 02/04/2018.
Therefore in order for someone who is already in possession of a Golden Visa to acquire Greek citizenship, the necessary condition of him/ her residing lawfully and permanently for seven years before the actual date of submission of that specific plea has to be fulfilled.
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