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Residence by Investment, commonly known as the Golden Visa program, offers a pathway for non-EU nationals to obtain a Greek residence permit through qualifying investments. In practice, property purchases in Greece have been the standard route, with a minimum investment threshold designed to encourage real estate activity in regions such as Chalcis (Chalkida) and the wider Central Greece area. The resulting residence permit is typically valid for an initial period and renewable, providing the investor and eligible family members with legal residency in Greece and access to the Schengen Area under stated conditions.
Chalcis sits on the island of Evia in Central Greece and has become a focal point for investors seeking diverse property opportunities, favorable transport links, and a more affordable entry point than some parts of the Athens metropolitan area. While the Golden Visa program is national in scope, local market dynamics in Chalkida influence the investment decision, timing, and due diligence required to secure eligibility. Real estate paths often involve title searches, property clearance, and coordination with local authorities for permits and registrations.
The program is administered through Greek authorities responsible for immigration and residence matters, with the Hellenic Police and relevant government portals guiding the filing, documentation, and renewal processes. Applicants should expect a multi-step process that includes due diligence on property, submission of documents to the Aliens and Immigration Office, and periodic renewal to maintain status. A qualified legal counsel can align a Chalkida property purchase or other investment with current regulatory requirements and procedural timelines.
The Golden Visa program offers a five-year residence permit to third-country nationals who invest in Greece, with renewal options and family inclusion as applicable.
Source: Migration Policy Portal, Greece - Golden Visa overview
For residents of Chalcis and Evia, local procedural nuances may arise, such as coordination with regional tax offices,Notary attestations in Chalkida, and real estate due diligence tailored to provincial markets. A knowledgeable attorney can help navigate these steps, select the optimal investment route, and ensure ongoing compliance with Greek immigration and tax rules.
Two primary Greek statutes shape Residence by Investment activities, including in Chalcis and the wider Evia region:
Recent changes have focused on clarifying eligibility criteria, documenting requirements, and streamlining renewal and family provisions. While Chalkida-specific procedures follow national directives, local offices in Central Greece may require additional local registrations or translations as part of the file. For the exact text and amendments, consult official legislative resources.
Practical note: always verify the latest implementing circulars and ministerial decisions that interpret these laws, as administrative practice evolves with policy shifts. Official sources provide the current rules and step-by-step filing guidance for Golden Visa applicants.
The Golden Visa grants a residence permit to non-EU nationals who meet investment criteria in Greece, including Chalkida real estate. The permit is typically five years and renewable, with eligible family members included where applicable.
The most common path is real estate ownership with a minimum investment of 250,000 euros. Other eligible routes include certain capital transfers or business investments defined by law and ministerial decisions.
Residence permits for investment do not require permanent residence in Greece, but ongoing requirements and periodic renewals must be met. Absences beyond permitted periods can affect status and renewal eligibility.
Processing times vary and depend on document readiness, local office workloads, and the completeness of the file. A typical timeline ranges from several months to half a year, assuming all documents are in order.
While not mandatory, a local attorney familiar with Chalkida real estate practices and Greek immigration can significantly reduce delays, ensure compliance, and handle translations and notarizations efficiently.
Common items include a valid passport, birth certificate, police certificates, proof of property purchase or investment, title deeds, tax identification, and translations. Specific documents vary by case and must be apostilled or legalized where required.
Yes, spouses and eligible dependents can be included in the permit, subject to meeting requirements for each family member and providing requested documentation.
The local Aliens and Immigration Office coordinates the file submission, requests further information, and handles renewals in cooperation with prefecture or regional authorities for the Evia region.
Costs include legal fees, translation and apostille expenses, notary fees, and government processing charges. A lawyer can provide a detailed, case-specific budget after reviewing your file.
Continued residency and compliance may lead to longer-term status, and in some cases permanent residency or naturalization may be possible after additional years of lawful residence and language or integration requirements.
Residence status influences tax residency, which can depend on physical presence and other factors. A tax advisor can determine Greek tax residency implications for you and your family.
Renewal requires updated documentation showing continued eligibility, funding or investment maintenance, and compliance with immigration requirements. A lawyer can prepare the renewal package and coordinate with authorities to avoid gaps.
Lawzana helps you find the best lawyers and law firms in Chalcis through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Residence by Investment, experience, and client feedback.
Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters.
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The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation.
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