What is the Procedure for Greece Citizenship by Investment?

Greece has a special method of offering citizenship through investment for investors and their families to live in Greece. This special method is known as the ‘Golden Visa program’ that offers residency in the country and citizenship after 7 years of living in the country. In this blog, we will discuss the Golden Visa Program and why everyone, including families, professionals, and entrepreneurs, should choose it.

What is Greece Citizenship by Investment?

Greece Citizenship by Investment refers to a process where investors start with the Golden Visa program and later turn it into eligible citizenship after 7 years. The Golden Visa program allows non-EU citizens to invest in real estate or other assets and, in return, offers them a residential allowance.

This investment allows them a five-year renewable residency permit for themselves and their family. The residency grants the right to live and travel in Greece and Schengen countries. And when you get the citizenship, you get the rights like voting, unlimited EU work rights, and a Greek passport.

Eligibility and Greece Citizenship Requirements:

Here are some of the common requirements for the Greek citizenship:

• Minimum age: 18 years.
• Clean legal record (no criminal history).
• Minimum Investment amount.
• Family: Spouses, children under 21, and dependent parents can join the main applicant.

Applicants must have:

• Proof of the investment,
• Health insurance, and
• Their documents were translated and notarized.

After making the investment, the Greek government grants you residency within 2-6 months only.

Step-by-Step Greece Citizenship by Investment Procedure:

Here’s the complete step-by-step process of investment citizenship in Greece:

1. Eligibility Assessment and Consultation:
   Applicants must review requirements and consult with experts or citizenship consultants before applying for the Golden Visa
2. Document Collection and Verification:
   Collect all your documents such as passports, a clean criminal record certificate, proof of investment, health insurance, and an entry visa for investment migration Greece.
3. Making the Approved Investment:
   The easiest and most suitable investment is to invest your money in buying lands or choose the government-approved business or investments.
4. Submission to Greek Authorities:
   Submit your application to the authorities for the Golden Visa. Make sure you have all the notarized paperwork required.
5. Background and Due Diligence Checks:
   Officials will check all your documents and verify the resources mentioned for checking whether they match with the compliance with Greek Laws.
6. Approval and Residency Permit Issuance:
   After a successful review, the officials will issue a Golden Visa for your residency permit. Next, if you live in the country for 7 years or more, you can apply for citizenship. The process includes passing a Greek language test and proving ties to Greek society.

What’s the Role of Citizenship Consultants Greece?

Applying for Greek citizenship requires lots of paperwork, months of preparation, training, and several documents. This overall process can become havoc if you are not prepared enough or often stay busy, there comes a citizenship consultant Greece. A citizenship consultant greatly helps you with preparing paperwork, translating documents, and ensuring legal compliance.

Consultants know the correct investment options and legal requirements, and their guidance can avoid common pitfalls and also speed up your approval. In short, they professionally guide you and also make the process easier for families and busy professionals.

Benefits of Greece Citizenship by Investment:

The Greek Golden Visa and eventual citizenship offer:

• Visa-free travel across 26 Schengen countries.
• Offers the right to live, work, and study in Greece as well as across the EU upon citizenship.
• Offers family benefits to your spouse, children, and parents, with succession and inheritance rights.
• Tax optimization for global income after attaining Greek citizenship if you reside there.

Common Mistakes to Avoid While Applying for Citizenship in Greece:

Applying for the Greek Golden Visa is complex, so you must be careful about avoiding the common pitfalls of citizenship in Greece. Here are some of the most common ones:

• Missing or improper notarized documents: This can delay or reject your application.
• Skipping due diligence: Authorities verify investment funds and legal status.
• Choosing unapproved investment types: Failing to invest in the correct minimum amounts or medium.

Doing the process alone has risks; hiring a professional will help you process everything correctly.

Conclusion:

Getting a Greece Citizenship by Investment has a special process of the Golden Visa. You need a minimum amount for investment, maintaining lawful residency, and after 7 years, you can apply for citizenship. But the question is, who should apply for the residency by investment program? The answer is all- this program is suitable for everyone including families, entrepreneurs, and professionals who gain EU mobility, educational access, and safer future. But here’s a note- you must always work with an experienced and authorised citizenship consultant Greece for a smooth and successful process.