Best Citizenship by Investment Lawyers in Drama

About Citizenship by Investment Law in Drama, Greece

Citizenship by Investment (CBI) is a legal provision that allows foreign nationals to acquire citizenship in a country by making a substantial financial investment. In Greece, while there is currently no direct route for Citizenship by Investment, the country offers a popular Golden Visa Program. This program provides residency permits to non-EU nationals who invest in real estate or other qualifying financial activities. Over time, residency permit holders have the possibility to apply for citizenship, provided they meet specific residency and integration criteria. In Drama, as in other regions of Greece, the legal framework follows national laws but may involve regional processes and requirements.

Why You May Need a Lawyer

Applying for residency or citizenship through investment in Greece is a complex legal process, with strict requirements and significant paperwork. A lawyer's guidance can be essential in the following situations:

• Understanding eligibility for residence or citizenship via investment.
• Navigating Greek bureaucracy, especially if you do not speak Greek.
• Handling property purchases or investments in Drama to qualify for residency.
• Ensuring compliance with all immigration laws and avoiding mistakes that could lead to application denial.
• Assisting with renewals of the residency permit and the eventual citizenship application.
• Addressing any legal disputes or complications during the application process.

Local Laws Overview

Greece's Golden Visa Program is the primary route for acquiring residency through investment. The key aspects of the law and regulations in Drama, Greece include:

• Investment Requirement: The most common route is purchasing real estate valued at a minimum of 250,000 euros. Other investment options, such as contributions to strategic projects, may also qualify.
• Residency Status: Successful applicants and their immediate families receive five-year renewable residence permits, allowing them to live, work, and travel within the Schengen Zone.
• Citizenship Eligibility: After at least seven years of continuous residency and fulfillment of integration standards (such as language proficiency and knowledge of Greek culture), residents can apply for Greek citizenship.
• Legal Process: Applications must be submitted to competent regional authorities in Drama, with supporting documentation translated and officially certified.
• Ongoing Compliance: Permit holders must maintain their investment and comply with regular reviews and possible audits to maintain status.

Frequently Asked Questions

What is the Golden Visa Program in Greece?

The Golden Visa Program grants residency permits to non-European investors and their families who invest at least 250,000 euros in real estate or other qualifying projects in Greece.

Can I gain Greek citizenship directly by investment in Drama?

No, Greece does not offer direct Citizenship by Investment. However, the Golden Visa allows you to become a resident, and after a qualifying period, you may be eligible to apply for citizenship.

What types of investment qualify for the Golden Visa?

The most common qualifying investment is real estate. Other routes include strategic investments, shares in Greek companies, or deposits in Greek banks, but real estate remains the most practical for most applicants.

Is the Golden Visa permit valid throughout Greece?

Yes, a residency permit obtained through investment in Drama or any region is valid throughout Greece and allows travel in the Schengen Zone.

Can my family members also receive residency?

Yes, spouses, children under 21, and dependent parents of either spouse can be included in the Golden Visa application.

Are there language or integration requirements for the Golden Visa?

There are no language or culture integration requirements for the residence permit. However, these are required if you later apply for Greek citizenship.

Do I need to live in Greece to maintain my residency permit?

No, there is no minimum stay requirement for the residency permit. However, physical residency is needed if you wish to pursue citizenship eventually.

How long does it take to get a residency permit through investment?

The process typically takes two to four months, assuming all documents are in order and the investment is completed.

What documents are needed for the Golden Visa application?

You will need proof of investment, a valid passport, medical insurance, clean criminal records, and other documents specified by authorities in Drama.

Why should I consult a lawyer in Drama for this process?

A local lawyer can help navigate specific regional procedures, ensure compliance with national and municipal regulations, assist with property transactions, and safeguard your investment.

Additional Resources

For further information and support regarding Citizenship by Investment or the Golden Visa Program in Drama, Greece, consider these resources:

• Greek Ministry of Migration and Asylum - Oversees residence permit applications and updates on immigration policies.
• Greek Ministry of Foreign Affairs - Provides information for non-EU investors and legal requirements.
• Decentralized Administration of Macedonia and Thrace - Handles regional immigration procedures in Drama.
• Local Bar Associations - Referrals for qualified lawyers experienced with investment immigration in Drama.
• Greek Real Estate Associations - Guidance on purchasing property for investment purposes.

Next Steps

If you are considering residency or citizenship by investment in Drama, Greece, follow these recommended steps:

• Research the Golden Visa Program requirements and assess your eligibility.
• Identify trusted legal counsel in Drama who specializes in immigration and real estate law.
• Schedule a consultation to discuss your investment options and legal strategy.
• Gather the necessary documentation and ensure they meet Greek legal standards (including certified translations and apostilles where required).
• Work closely with your lawyer during property purchase or investment, and submit your residency application to the appropriate local authorities.
• Stay informed about your obligations and any updates to the program to maintain your residency status and future citizenship prospects.