Best Golden Visa Lawyers in Rhodes

About Golden Visa Law in Rhodes, Greece

The Golden Visa program in Greece is an immigration scheme that allows non-EU nationals to gain residency by investing in real estate. Rhodes, with its unique history and scenic coastlines, has become a sought-after location for foreign investors seeking these residency permits. The program grants a five-year residency permit to individuals who purchase property in Rhodes or elsewhere in Greece, with the permit being renewable as long as the investment is maintained. This residency may eventually open a pathway to Greek citizenship under certain conditions.

Why You May Need a Lawyer

Engaging a qualified lawyer is invaluable when applying for the Golden Visa in Rhodes. Common situations requiring legal help include property due diligence, contract review, compliance with local regulations, handling the application process, addressing tax implications, ensuring the legitimacy of property titles, and representing the buyer before authorities. Greek property law can be intricate, and language barriers or unfamiliar bureaucratic procedures often complicate matters. A trusted local lawyer helps avoid pitfalls and ensures your investment and residency status are secured according to legal standards.

Local Laws Overview

Greek law stipulates that Golden Visa applicants must make a minimum real estate investment of 250,000 euros in Rhodes and most other Greek regions. Properties can be singular or multiple, as long as the combined contract values reach the threshold. The law requires clean legal titles and all necessary permits, making property due diligence a critical step. Foreign buyers must obtain a Greek tax identification number and may need to open a Greek bank account. The application must be submitted to the local Decentralized Administration of the Aegean, with biometrics and supporting documents provided in person. Residency granted through the Golden Visa does not allow employment, although you may manage your investment properties.

Frequently Asked Questions

What is the Greek Golden Visa and who is eligible for it?

The Greek Golden Visa is a residency-by-investment program available to non-EU and non-EEA nationals. Eligibility requires a minimum real estate investment of 250,000 euros and meeting health and security criteria.

Can I buy any property in Rhodes to qualify?

You can purchase residential or commercial property, provided the combined value meets or exceeds 250,000 euros and all legal documents and permits are in order.

Does purchasing property in Rhodes guarantee residency for my family?

Yes, residency permits can also be extended to the investor's spouse, children under 21 years old, and the investor’s dependent parents.

How long does the Golden Visa process typically take in Rhodes?

From property purchase to residency approval, the process usually takes three to six months, depending on document readiness and administrative processing times.

Can I rent out my property after buying it under the Golden Visa scheme?

Yes, you can rent out your property and collect income, although residency through the Golden Visa does not entitle you to work as an employee in Greece.

Is the Golden Visa renewable, and what are the requirements?

The Golden Visa is renewable every five years, as long as you retain ownership of the qualifying property or properties.

Does the Golden Visa lead to Greek citizenship?

While the Golden Visa offers residency, it can eventually provide a path to citizenship if you meet additional residency, language, and integration requirements after several years.

Do I need to live in Greece to keep my residency?

No, there is no requirement to reside in Greece for a minimum period to maintain your Golden Visa status, as long as you hold the qualifying real estate.

Do I have to pay taxes in Greece if I get the Golden Visa?

Property ownership comes with local property taxes. Whether other taxes apply depends on your tax residency status and any income generated in Greece. Legal advice is essential for tax planning.

Can I sell my property after receiving the Golden Visa?

You may sell your property, but if you do not maintain a 250,000 euro investment in Greek real estate, your residency permit and those of your family will be revoked.

Additional Resources

For further guidance or official information, you can consult the following:

- The Hellenic Ministry of Migration and Asylum - for up-to-date details on residency by investment schemes - Decentralized Administration of the Aegean (local authority in Rhodes) - submission point for Golden Visa applications - Local chambers of commerce and Greek property registries - for assistance with documentation and verification - Notarial associations and certified translators - for legal document preparation and translations

Next Steps

If you are considering the Golden Visa in Rhodes, your first step should be to seek a consultation with a lawyer who specializes in Greek property and immigration law. Collect your required documents, identify potential properties, and secure tax and financial advice specific to Greece. Your lawyer can guide you through property selection, due diligence, contract negotiations, application paperwork, and dealings with administrative authorities. For a smooth process, rely on professionals with local expertise and a proven track record in Golden Visa cases. Acting early and with expert support increases your chances of a successful and hassle-free residency application.