Investors looking for European residence and final citizenship travel mostly to Greece. Obtaining Greek citizenship by investment is a desirable choice given the Mediterranean lifestyle, rich history, access to the European Union, and Greece does not yet provide direct citizenship by investment, however, investors can get residency via the greece citizenship by investment scheme and thereafter seek citizenship. The exact method to become Greek citizens using investments.
Understand the investment requirements
Investors must first get residency under the Golden Visa program before starting the road toward Greek citizenship. This program calls for a real estate or other qualified asset investment; the most often used choice is real estate acquisitions worth at least the government’s minimum threshold. Other routes of investing are government bonds or financial donations to companies.
Apply for the Greece golden visa
Applicants have to send their Golden Visa application once they have invested. This entails getting ready the required paperwork, comprising:
- Evidence of investment—financial donation or a purchase agreement for real estate.
- Valid biometric information and passport
- Coverage in health insurance for Greece
- evidence of a spotless criminal record
- Usually submitted through the Greek immigration authorities, applications are granted and investors get a five-year resident status.
Maintain residency and meet citizenship requirements
While the Golden Visa gives residency, acquiring Greek citizenship calls for constant country living. Key criteria for citizenship consist in:
- Living in Greece for at least seven years
- proving assimilation into Greek society, including language ability
- Paying taxes and keeping financial presence in Greece
- Showing links to the nation by familial relations, business, or education
- Investors can renew their Golden Visa at this time, making sure they fulfill residence requirements.
Apply for greek citizenship
- Investors can apply for citizenship after they satisfy the residence requirements. This comprises:
- Presenting evidence of financial stability and residence.
- Examining Greek history, language, and culture through a citizenship test
- Attending an immigration official’s interview
- Once granted, successful candidates get Greek citizenship, therefore affording them all European Union privileges like visa-free travel and business prospects inside the EU.
Though Greece does not grant instant citizenship by investment, the greece citizenship by investment provides a clear road for those looking for long-term European residency and citizenship. Investors may get Greek citizenship and take advantage of an EU passport by strategically investing and completing residence requirements.
