GOLDEN VISA

The Golden Visa Greece program allows citizens of third countries to acquire residency and citizenship through real estate investments. Foreign investors from third countries who buy real estate above €250,000 obtain for themselves and their families a five-year Visa for Greece and consequently for every country in the EU.

At OramaHomes we take full responsibility for issuing a Golden Visa for you with your property purchase.

What you get with the Golden Visa issue

Every third-country national who becomes a "GOLDEN VISA" holder, as well as his/her family members (spouse, his or her spouse's children up to 21 years of age, the beneficiary's parents and her/his spouse's parents) enjoys the following benefits:

  • Right of entry to Greece for five (5) years
  • Permanent Residence in Greece for five (5) years
  • Right to renew the "GOLDEN VISA" every five (5) years subject to conditions.
  • Right to free movement and stay for 180 days a year in the European countries that belong to the Schengen Agreement, inside or outside the EU.

Conditions for obtaining a residence permit for property owners in Greece.

In order to obtain the residence permit, the following conditions must be met:

  1. The properties should belong to their owners by title, county and possession.
  2. In the case of co-ownership of a property, worth €250,000, a right of residence is granted, only if the owners of the property are husband and wife who own the property in undivided ownership. In all other cases of co-ownership, the right to stay is granted only if the amount invested by each co-owner amounts to €250,000.
  3. If the owner of the property has acquired it through a legal entity, the shares or corporate shares should be wholly owned by him.
  4. The right of residence is also granted in cases where the citizen of a third country is the owner, either personally or through a legal entity, of more than one property, with a total value of at least €250,000

For the above cases, the amount of the real estate will result from the values ​​of the real estate or the lease agreements stated in the contract. It is clarified that the price of the value of the property for the purposes of Law 4251/2014 means the amount expressly stated in the contract as being paid for the purchase and sale. The objective value of the property is of no interest unless it is the amount stated in the contract as having been paid for the purchase and sale.