Best Golden Visa Lawyers in Glyfada

About Golden Visa Law in Glyfada, Greece

The Golden Visa program in Greece offers non-EU citizens the opportunity to obtain permanent residence status through real estate investment. Glyfada, a popular suburb of Athens situated along the scenic Athenian Riviera, is an attractive destination for prospective Golden Visa applicants due to its lifestyle, beachfront location, and upscale real estate market. The Greek Golden Visa scheme allows qualified individuals and their families to live, work, and travel freely within the Schengen Area after making a qualifying investment, most commonly by purchasing property in Greece. The minimum investment threshold varies depending on the region, with Glyfada typically subject to the higher Athens area rates.

Why You May Need a Lawyer

Engaging a lawyer is important when dealing with the Golden Visa process in Glyfada for several reasons. Acquiring property in Greece involves local legal requirements, due diligence, and contract negotiation that can be complex for non-Greek speakers or first-time investors. Common situations where you may require legal help include:

• Conducting property title checks to ensure there are no liens or encumbrances
• Ensuring the property meets all legal criteria for Golden Visa eligibility
• Drafting and translating purchase contracts
• Managing residency permit applications and supporting documentation
• Handling tax compliance and filings in Greece related to your investment
• Representing clients during transactions when they are abroad
• Dealing with issues around lease agreements, inheritance, or joint ownership structures

Local Laws Overview

The Golden Visa in Glyfada is regulated under Greek Law 4251/2014 and subsequent amendments. Key aspects of local laws relevant to Golden Visa applicants in Glyfada include:

• The minimum property investment threshold is generally 500,000 euros in Glyfada as part of the wider Athens region
• The main applicant can include immediate family members, such as spouse, children under 21, and dependent parents, in the residence permit
• Investors do not need to reside in Greece to maintain their residency status, but the property must be retained
• The residency permit is renewable every five years, provided the investment is maintained
• Permits issued do not provide direct citizenship or a path to Greek citizenship unless further eligibility criteria are met
• All transactions must comply with Greek tax, anti-money laundering, and property laws
• The property purchase process must be completed through a certified land registry, overseen by a Greek notary and legal counsel

Frequently Asked Questions

What is the Golden Visa program in Glyfada, Greece?

The Golden Visa program is an initiative that allows non-EU citizens to obtain a five-year renewable residency permit in exchange for investing in real estate, with Glyfada as a popular area due to its prime location.

How much do I need to invest in Glyfada property to qualify?

As of 2024, the minimum property investment in Glyfada is 500,000 euros, reflecting the real estate market value in this part of Athens.

Can my family also get residence permits with my investment?

Yes, your spouse, children under 21, and dependent parents can be included in your Golden Visa application as family members.

Do I have to live in Glyfada to keep my Golden Visa?

No, you are not required to live in Glyfada or anywhere in Greece to maintain your residency status, but you must retain ownership of the qualifying property.

How long does the application process take?

The Golden Visa process in Greece typically takes two to six months from property purchase to approval, depending on document preparation and government processing times.

Can I buy multiple properties to reach the investment threshold?

Yes, you can purchase one or more properties in Glyfada as long as their combined value meets or exceeds the required 500,000 euros minimum.

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

The property must be residential or commercial, legally registered, and meet all local planning and safety regulations to qualify for the Golden Visa program.

Is it necessary to use a lawyer for the Golden Visa process?

While not legally required, engaging a lawyer is highly advisable to ensure all legal, tax, and compliance requirements are met throughout your real estate transaction and visa application.

Does the Golden Visa grant Greek citizenship?

No, the Golden Visa provides a renewable residence permit but does not lead directly to citizenship. Separate eligibility rules and residency requirements apply for naturalization.

What happens if I sell my Glyfada property?

If you sell your qualifying property before renewing your Golden Visa permit, you lose your residency rights under the program unless you reinvest in another qualifying property.

Additional Resources

For more information on the Golden Visa program in Glyfada and Greece, the following resources can be helpful:

• Greek Ministry of Migration and Asylum - Residence Permits Department
• Hellenic Ministry of Foreign Affairs - Consular Services
• Greek Land Registry offices (Ypothikofilakeio or Ktimatologio) in Glyfada
• The Hellenic Realtors Association
• Greek Notary Association
• Certified Greek tax advisors or accounting professionals

Next Steps

If you are considering obtaining a Golden Visa in Glyfada, it is important to begin by consulting with a qualified local lawyer experienced in real estate and immigration law. A lawyer can review your eligibility, advise on suitable properties, oversee due diligence, and assist with every stage of your investment and residency application. Prepare your documentation in advance, understand associated costs and taxes, and take the time to investigate reputable legal and real estate professionals in Glyfada before making commitments. Request an initial consultation to discuss your specific situation and move forward with confidence.