Best Citizenship by Investment Lawyers in Thermi

About Citizenship by Investment Law in Thermi, Greece

Citizenship by Investment (CBI) is a legal process in which a foreign national can obtain citizenship in a country by making a significant investment in that nation’s economy. In Greece, including the town of Thermi, the government does not currently offer a direct CBI program. Instead, Greece offers a “Golden Visa” residency scheme, through which non-EU citizens may obtain a residency permit by investing in real estate or making other qualifying investments. After holding residency for a certain number of years and meeting specific legal requirements, it is possible to apply for Greek citizenship.

In Thermi, as well as throughout Greece, this pathway is governed by a set of national laws and regulations, alongside municipal requirements such as zoning, property rules, and local taxes. Understanding this framework is crucial for anyone seeking to obtain residency and eventually citizenship through investment.

Why You May Need a Lawyer

Navigating the legal landscape for Citizenship by Investment or the Golden Visa in Greece involves complex documentation, detailed eligibility requirements, and significant financial considerations. Some common reasons why legal help is essential include:

• Interpreting eligibility criteria for the Greek Golden Visa or pathways to citizenship
• Reviewing and drafting contracts for property purchases or investments in Thermi
• Ensuring compliance with Greek immigration, tax, and local zoning laws
• Handling appeals in cases of rejected residency or citizenship applications
• Assisting with document preparation, notarizations, and translations
• Consulting on the implications for family members and dependents
• Protecting your interests in case of property disputes or investment fraud

A lawyer ensures your application is correct, complete, and submitted on time, greatly improving your chances of success.

Local Laws Overview

The key aspects of local laws in Thermi and Greece that are relevant to Citizenship by Investment and the Golden Visa include:

• Minimum Investment Amount: To qualify for a Golden Visa, a minimum real estate investment of 250,000 EUR is generally required. Some regions or property types may require a higher threshold.
• Property Ownership: All real estate purchases must comply with local zoning, usage, and planning rules. Due diligence is essential to ensure the property is free of legal encumbrances.
• Legal Residency: Golden Visa holders receive a five-year renewable residence permit, allowing them and their family to live in Greece and travel within the Schengen Area.
• Pathway to Citizenship: After legally residing in Greece for at least seven years (with permanent residency), non-EU citizens can apply for citizenship, subject to language, integration, and other requirements.
• Taxation: Investment and residency can impact your tax status in Greece. Local tax advice is essential to avoid unexpected liabilities.
• Local Government Involvement: Property registration, tax payments, and building permits often require interactions with Thermi’s local municipal offices.

Frequently Asked Questions

What is the Greek Golden Visa, and how does it relate to citizenship?

The Greek Golden Visa is a residency by investment program allowing non-EU nationals to obtain a renewable residence permit by investing in real estate or other qualifying assets. It does not grant citizenship immediately, but long-term residents may apply for citizenship after seven years and meeting other criteria.

Can I buy property in Thermi to qualify for the Golden Visa?

Yes, you can purchase eligible real estate in Thermi with a minimum investment of 250,000 EUR to qualify for the Golden Visa scheme.

Is there a fast-track to citizenship through investment in Thermi?

Greece does not offer a direct, fast-track citizenship by investment. Citizenship can only be pursued after maintaining legal residency, typically for at least seven years, and fulfilling integration requirements.

Do family members qualify under my investment permit?

Yes, the Golden Visa allows for the inclusion of your spouse, children under 21, and in some cases, dependent parents.

Are there any restrictions on the type of property I can buy?

The property must meet legal, zoning, and investment requirements. It must be free of legal disputes and properly registered.

What are the main steps in the application process?

Select a qualifying investment, conduct due diligence, complete the property purchase, gather required documents, apply for the visa, and attend an interview or biometrics appointment as required.

How long does it take to get a Golden Visa in Greece?

Once the investment is finalized and the application submitted, approval can be granted in as little as two to three months, but the process may be delayed by incomplete documentation or legal issues.

What documents do I need?

Passport, proof of funds, title deeds or property contracts, tax identification, criminal background check, proof of health insurance, and family relationship certificates for dependents.

Is local legal representation mandatory?

While not strictly required, legal assistance is highly recommended for due diligence, document authentication, and safeguarding your interests.

Can I rent out my property after purchase?

Yes, Golden Visa investors can generally rent out their purchased property, but local tax rules and tenant legislation apply.

Additional Resources

For more information or assistance, consider contacting or consulting the following organizations and governmental bodies:

• Greek Ministry of Migration and Asylum - oversees Golden Visa and residency applications
• Thermi Municipality Offices - for local property and residency issues
• Chambers of Commerce in Thessaloniki - for business investment guidance
• Greek Bar Association - for finding qualified immigration and real estate lawyers
• Hellenic Cadastre (Ktimatologio) - for property registration and title verification

Next Steps

If you are considering Citizenship by Investment or residency through Greece’s Golden Visa in Thermi, take the following steps:

1. Assess your eligibility and investment goals
2. Consult with a qualified lawyer specializing in real estate and immigration law in Greece
3. Perform due diligence on potential investments, especially real estate in Thermi
4. Prepare and certify all necessary documents such as proof of funds and identification
5. Work closely with your lawyer to apply for the Golden Visa and monitor the process
6. Stay informed on your residency status, tax obligations, and next steps toward citizenship if that is your ultimate goal

A dedicated legal professional will help safeguard your investments, streamline your application, and provide peace of mind throughout the process.