Best Golden Visa Lawyers in Drama

About Golden Visa Law in Drama, Greece

The Golden Visa program in Greece offers non-European Union citizens the opportunity to acquire a five-year residency permit through qualifying real estate investment. Located in the picturesque region of Northern Greece, Drama has become a favorable destination for investors seeking a combination of vibrant culture, natural beauty, and attractive property prices. The Golden Visa allows holders and their families to live, travel, and do business within Greece and the Schengen Area, making it a popular choice for those seeking both lifestyle and investment benefits.

Why You May Need a Lawyer

Applying for and obtaining a Golden Visa in Drama can be complex, especially for foreigners who may not be familiar with Greek legal procedures or local regulations. Here are some common situations where legal help is invaluable:

• Reviewing and verifying the legitimacy of property titles and ownership
• Ensuring compliance with investment thresholds and visa requirements
• Assisting with the negotiation and drafting of property purchase contracts
• Addressing potential disputes or issues with sellers, agents, or municipalities
• Guiding through the residency permit application process and documentation
• Handling appeals or legal challenges if your application is rejected
• Advising on tax and succession planning related to Greek property ownership
• Assisting with family reunification under the Golden Visa scheme

Local Laws Overview

The Golden Visa scheme operates under national law, but there are local practices, regulations, and procedures specific to Drama that can impact your application and investment. Key aspects include:

• Minimum property investment requirements, currently set at 250,000 euros, unless changes are introduced by national legislation
• Due diligence requirements for verifying property ownership and clearance of any debts or encumbrances on real estate in Drama
• Zoning and planning law considerations, as some properties may have restrictions or require special permits for renovation or usage
• Collaboration with local notaries and land registries to complete property transfers and registrations in accordance with Greek law
• Ongoing compliance checks to maintain residency status, such as maintaining ownership of the investment property

Frequently Asked Questions

What is the minimum investment required for a Golden Visa in Drama, Greece?

The minimum qualifying real estate investment amount is currently 250,000 euros. This must be a single property or a collection of properties whose combined value meets or exceeds this threshold.

Can my family members also obtain residence permits under my application?

Yes, the main applicant’s spouse or partner, children under 21 years old, and, in some cases, dependent parents are eligible for residence permits as part of a family application.

Do I need to live in Greece to keep my Golden Visa?

No, there is no requirement to reside in Greece to maintain your Golden Visa, but you must retain ownership of the investment property.

Can I work in Greece with a Golden Visa?

The Golden Visa allows you to reside and travel in Greece but does not grant the right to work as an employee. However, you may set up a business or participate in investment activities.

What types of properties are eligible for investment?

Both residential and commercial properties, including land or plots for development, can be eligible as long as the investment meets the minimum value requirement and legal criteria.

Are there taxes or fees involved in the property purchase?

Yes, buyers must pay property acquisition tax, notary fees, registry fees, and legal service fees. These costs should be factored in addition to the minimum investment amount.

Can my Golden Visa lead to Greek citizenship?

Holding a Golden Visa can be a pathway to permanent residency and, after seven years of legal residency, qualified applicants may apply for Greek citizenship following additional requirements.

What documents are required for the application?

Typical documents include valid passports, proof of investment, property purchase agreements, clean criminal records, proof of medical insurance, and family relationship certificates for dependents.

How long does the Golden Visa process take in Drama?

Processing times can vary, but if all documents are in order, it usually takes between two to six months to receive your residence permit after submitting your application.

What happens if the property is sold?

If you sell the qualifying property, your right to the Golden Visa is lost unless you reinvest in other eligible real estate meeting the minimum investment requirement.

Additional Resources

Several organizations and public bodies can provide further guidance and assistance regarding the Golden Visa in Drama:

• The Greek Ministry of Migration and Asylum
• Local real estate agents and property associations in Drama
• Notaries Public and lawyers specializing in immigration and property law
• The Hellenic Police’s Aliens and Immigration Department
• The Greek Embassy or Consulates in your home country
• Drama’s Land Registry (Ktimatologio) Office

Next Steps

If you are considering applying for the Golden Visa in Drama, Greece, start by researching the property market and identifying suitable investment opportunities. Consult with a lawyer who specializes in immigration and property law in Drama to review your circumstances, validate property titles, and ensure legal compliance throughout the process. Gather all required documents and involve the necessary experts, such as notaries and local agents, for successful property transactions. If you encounter any issues or legal complexities, seek direct advice from a qualified attorney to protect your interests and make your investment and residency application as smooth as possible.