Best Citizenship by Investment Lawyers in Marousi

About Citizenship by Investment Law in Marousi, Greece

Citizenship by Investment (CBI) is a process that allows qualified foreign nationals to obtain citizenship of a country by making a substantial investment, usually in real estate, business, or government bonds. In Greece, and specifically in Marousi, a prominent suburban district in the northern part of Athens, there is no direct CBI program. Instead, Greece offers the Golden Visa Program, which is a residency by investment scheme. Through this program, non-EU nationals who invest a specified amount in Greek real estate or other qualifying assets can gain residency in Greece, which may eventually lead to citizenship through naturalization, subject to additional requirements. Understanding the distinctions and legal steps in Marousi is critical for prospective investors.

Why You May Need a Lawyer

Navigating the path to residency and, eventually, citizenship in Greece involves compliance with numerous legal requirements and procedures. Individuals often seek legal assistance in Marousi for the following reasons:

• Determining eligibility for the Greek Golden Visa Program and understanding the path to eventual citizenship
• Conducting due diligence on real estate or business investments
• Preparing and reviewing application documents and contracts
• Ensuring compliance with local and national laws
• Handling complex situations, such as family inclusion or changes in investment ownership
• Appealing unfavorable decisions or dealing with administrative challenges

A lawyer specializing in citizenship or immigration law in Marousi can guide you through each step, helping you avoid common pitfalls and respond appropriately to changing legal requirements.

Local Laws Overview

The most relevant legal framework for investment-related immigration in Marousi is the Greek Law 4251/2014 and subsequent amendments, which govern the Golden Visa Program. Key aspects include:

• Eligibility: Non-EU nationals may apply if they invest at least 250,000 euros in real estate or meet specific thresholds for alternative investments such as hotels, tourist facilities, or strategic projects
• Residency Permit: Investors, their spouses, children (up to certain ages), and dependent parents may obtain a five-year renewable residence permit
• No Obligation to Live: There is no minimum stay requirement to retain residency via the Golden Visa program
• Path to Citizenship: Residency permit holders can apply for citizenship through naturalization only after seven years of continuous legal residence in Greece, subject to language, integration, and due diligence requirements
• Background Checks: Proper background screening and proof of lawful investment funds are mandatory
• Legal Representation: Greek law often requires applicants to have a local tax agent and sometimes a legal representative to complete transactions and file documentation

Frequently Asked Questions

What is the difference between the Greek Golden Visa and Citizenship by Investment?

Greece does not offer direct citizenship by investment. The Golden Visa allows for residency via investment, which can eventually lead to citizenship through naturalization after seven years of residency and meeting other requirements.

Can I obtain Greek citizenship immediately after investing?

No, immediate citizenship is not available. After obtaining a Golden Visa, you must reside in Greece for at least seven years and fulfill integration and language criteria to be eligible for naturalization.

What types of investments qualify for the Golden Visa in Marousi?

The most common qualifying investment is real estate with a minimum value of 250,000 euros. Other authorized investments include capital contributions to Greek companies, bonds, and shares of investment funds meeting government-set criteria.

Can my family members be included in my application?

Yes, your spouse, children under the age of 21 (extendable under certain conditions), and dependent parents of both spouses can be included in the same application for residency permits.

Is it necessary to live in Greece after receiving a Golden Visa?

No, there is no minimum stay requirement to maintain your residency status. However, to qualify for citizenship by naturalization, you must show continuous residence in Greece for seven years.

What documents are required for a Golden Visa application in Marousi?

Required documents typically include a valid passport, investment proof (such as a property purchase agreement), health insurance, birth certificates, and a clean criminal record certificate. All documents must be officially translated and apostilled where necessary.

Do I need a lawyer or notary to buy property in Marousi?

Yes, Greek law requires the involvement of a notary for property transactions, and it is highly recommended to engage an experienced lawyer to safeguard your interests and ensure legal compliance.

How long does the Golden Visa process take?

Once all documents are submitted and the investment is completed, the residence permit is generally issued within two to three months, depending on administrative workload and case specifics.

What are the risks of investing in real estate for residency?

Risks include potential property disputes, changes in property value, or incomplete due diligence. Engaging a local lawyer helps minimize these risks by verifying property ownership, title status, and compliance with zoning and tax regulations.

Can my Golden Visa be revoked?

Yes, your residency status can be revoked if you are found to have violated Greek laws, provided false information, or if the qualifying investment ceases to exist (such as selling your property without reinvesting in another eligible asset).

Additional Resources

Those seeking legal advice or more information on Citizenship by Investment and the Greek Golden Visa in Marousi can consult the following resources:

• The Greek Ministry of Migration and Asylum - Directorate for Migration Policy
• The Hellenic Ministry of Foreign Affairs - Visa and Consular Services
• Public Notaries Association of Greece
• Bar Association of Athens
• Real Estate Associations in Marousi and Greater Athens Area
• Certified translation offices for official document translation
• Local law firms specializing in immigration, real estate, and investment law

Next Steps

If you are considering the Greek Golden Visa or aiming for eventual citizenship via investment in Marousi, follow these steps:

• Research eligibility and investment requirements for the Golden Visa
• Engage a reputable local lawyer with expertise in immigration and real estate law
• Organize financial documents and proof of investment funds
• Identify suitable investment opportunities and conduct thorough due diligence
• Prepare and translate all necessary documentation as required by Greek authorities
• Submit your application through the proper governmental channels, assisted by your legal advisor
• Monitor your application status and respond to any requests for additional information promptly
• Comply with ongoing legal obligations to maintain your residency status and work toward fulfilling citizenship criteria if that is your goal

Legal support ensures a smooth and secure process, allowing you to focus on settling in Marousi and planning for your future in Greece.