Greece offers a compelling opportunity for obtaining permanent residency, attracting individuals with its unique blend of rich history, stunning landscapes, and a streamlined residency program.
How to get permanent residency in Greece?
There are several ways to obtain permanent residency in Greece. One common method is through the Golden Visa program, where investors can secure residency by making qualifying investments in real estate, business, or government bonds. Additionally, individuals may qualify through family reunification or by demonstrating long-term residence in the country. Each pathway has specific requirements, and applicants should carefully consider the option that best aligns with their circumstances and goals.
Permanent residency in Greece: requirements
To apply for Greece's residency program, candidates must submit a request for the permanent residence permit, meeting the following criteria:
1. Possess a temporary residence permit held for a minimum of five years. 2. Have no criminal convictions with sentences exceeding six months. 3. Provide evidence of satisfactory financial resources. 4. Demonstrate proof of accommodation within Greece. 5. Confirm a basic proficiency in the Greek language and understanding of the local culture.
Permanent residency by investment in Greece
The Greece Golden Visa represents a residency-through-investment initiative permitting non-EU citizens to attain Greek residency through investments in real estate or alternative assets within Greece. Commencing in 2013, this program offers a five-year residence permit with a minimal €250,000 real estate investment requirement. Inclusive of family members, the Golden Visa facilitates living in Greece and visa-free travel across the Schengen region.
Permanent residency in Greece: fee and processing time
The fee for the application is €150, and it takes approximately six months for processing.
Permanent residency in Greece vs citizenship
Permanent residency in Greece grants you the right to reside in the country for an indefinite period, but you won't have the full rights and privileges of a Greek citizen. Citizenship, on the other hand, provides broader rights, including voting and access to social benefits. Obtaining citizenship typically requires a longer residency period and meeting additional criteria compared to permanent residency. Consider your goals and the level of integration you seek before deciding between the two.