Best Golden Visa Lawyers in Marousi

About Golden Visa Law in Marousi, Greece

The Golden Visa program in Greece is a residency by investment scheme that allows non-EU nationals and their families to obtain a five-year residence permit by investing in real estate or other qualifying assets. Marousi, a prominent suburb of Athens, is an attractive location for such investments due to its strategic location, high standard of living, and vibrant local economy. The program is designed to attract foreign capital and promote growth in the real estate sector, offering investors and their families the right to live, travel, and access education and healthcare throughout the Schengen Area.

Why You May Need a Lawyer

Navigating the Golden Visa process can be complex, with legal requirements and documentation that must be handled with care. Common situations where legal advice may be necessary include:

• Assessing property eligibility for the program
• Drafting or reviewing purchase agreements and contracts
• Managing due diligence to ensure the property is free from encumbrances or legal disputes
• Handling the application and renewal process with the Greek authorities
• Addressing potential issues like inheritance, taxation, or family member inclusion
• Understanding implications for tax residency and international mobility

Legal professionals with expertise in Golden Visa matters can help you avoid costly mistakes, streamline your application, and secure your investment and residency rights.

Local Laws Overview

The Greek Golden Visa law is governed by Law 4251/2014 and its subsequent amendments. To obtain the Golden Visa, the main requirement is the purchase of real estate property in Greece valued at a minimum of 250,000 euros (this threshold may be higher in certain prime locations, so consultation is critical). Investors must maintain ownership of the property to renew their residence permit. Other key provisions include:

• Eligibility extends to the investor's spouse, children under 21, and dependent family members
• No requirement for minimum stay in Greece to retain the Golden Visa
• Applicants must have valid health insurance for themselves and their family members
• Background checks are conducted to ensure no criminal record
• Permits allow free travel within the Schengen Area but do not grant immediate citizenship or tax residency status
• Marousi, being within the Athens metropolitan area, may be subject to updated investment thresholds or zoning regulations

A local lawyer will know the latest changes in laws and administrative procedures specific to Marousi and the broader Attica region.

Frequently Asked Questions

What is the minimum real estate investment required for a Golden Visa in Marousi?

The minimum investment for most areas, including Marousi, is 250,000 euros. However, thresholds may increase for high-demand zones, so it is best to confirm with a local lawyer.

Does owning property in Marousi automatically grant a Golden Visa?

No, ownership alone does not guarantee the permit. You must apply through the formal process, meet all criteria, and provide the required documentation.

Can my family members be included in my Golden Visa application?

Yes, your spouse, children under 21, and dependent parents of both spouses can be included in your application.

Can I rent out my property after receiving a Golden Visa?

Yes, you are allowed to rent out your property and earn income from it even as a Golden Visa holder.

Is there a residency requirement for maintaining the Golden Visa?

No, there is no minimum stay requirement. You just need to maintain your investment in Greece.

Does the Golden Visa allow me to work in Greece?

The standard Golden Visa does not permit employment in Greece but does allow you to own and manage your own businesses.

How long is a Golden Visa valid, and can it be renewed?

The Golden Visa is valid for five years and can be renewed every five years, as long as the investment is maintained.

Is the Golden Visa a path to Greek citizenship?

While the Golden Visa offers residence rights, it does not automatically lead to citizenship. Separate requirements must be met for naturalization.

What taxes apply to my property and income as a Golden Visa holder?

You will be subject to annual property taxes and, if you rent out your property, to income tax on rental earnings. Tax residency is not automatic; you must spend more than 183 days per year in Greece to be considered a tax resident.

How long does the Golden Visa application process take in Marousi?

On average, the process takes between two and six months, depending on the completeness of the application, property due diligence, and administrative processing times.

Additional Resources

Several organizations and governmental bodies provide expert guidance on the Golden Visa process in Marousi:

• The Ministry of Migration and Asylum - Directorate for Migration Policy
• Greek Embassies and Consulates abroad
• The Athens Bar Association for local legal professionals
• Marousi Municipality for property and zoning rules
• The Hellenic Land Registry (Ktimatologio) for title searches
• Chambers of Commerce and professional advisors specializing in international investment

Next Steps

If you are considering applying for or managing a Golden Visa in Marousi, it is crucial to take the following actions:

• Consult with a specialized real estate and immigration lawyer familiar with Marousi and Golden Visa law
• Conduct a thorough due diligence check on any property or investment
• Gather all required documents and certifications in advance
• Stay informed on recent legal or threshold changes by referring to reliable governmental updates
• Seek tailored legal guidance for complex situations such as family inclusion, taxation, or property inheritance

Seeking prompt legal assistance can ensure a smooth application process, safeguard your investment, and help you leverage the full benefits of Greece's Golden Visa program.