About Residence by Investment Law in Greece
Residence by Investment in Greece allows foreign investors to obtain a residence permit by investing in real estate, business, or bank deposits. This program aims to attract foreign investment and boost the Greek economy.
Why You May Need a Lawyer
You may need a lawyer for Residence by Investment in Greece if you encounter issues with the application process, need guidance on legal requirements, or require assistance with contracts or legal documents related to your investment.
Local Laws Overview
In Greece, investors can obtain a residence permit through various investment options, such as purchasing property, investing in a business, or depositing funds in a Greek bank. The minimum investment amounts and eligibility requirements vary depending on the chosen investment route.
Frequently Asked Questions
1. What are the investment options for obtaining a residence permit in Greece?
Investment options include real estate purchases, business investments, and bank deposits.
2. What is the minimum investment required for the Residence by Investment program in Greece?
The minimum investment amount varies depending on the chosen investment route, but it typically starts at €250,000 for real estate purchases.
3. How long does it take to obtain a residence permit through the Residence by Investment program?
The processing time can vary, but it typically takes a few months to receive a residence permit after submitting the application.
4. Can family members of the main applicant also obtain a residence permit?
Yes, family members, including spouses and children under 21, can also obtain a residence permit through the main applicant's investment.
5. Are there any restrictions on selling the property or withdrawing the investment?
There may be restrictions depending on the chosen investment option. It's advisable to consult with a legal advisor before making any decisions.
6. Do I need to reside in Greece to maintain my residence permit?
There are minimum residency requirements to maintain the permit. Make sure to comply with all regulations to avoid any issues.
7. What are the tax implications of participating in the Residence by Investment program?
It's important to understand the tax implications of your investment in Greece. Consulting with a tax advisor or lawyer is recommended.
8. Can I apply for Greek citizenship through the Residence by Investment program?
Obtaining a residence permit through investment does not automatically grant citizenship. There are specific requirements and procedures for citizenship applications.
9. What are the advantages of obtaining a residence permit in Greece through investment?
Benefits include the ability to travel within the Schengen Area, access to healthcare and education in Greece, and potential investment returns.
10. How can a lawyer help with the Residence by Investment program in Greece?
A lawyer can provide legal advice, review contracts, assist with the application process, and ensure compliance with local laws and regulations.
Additional Resources
For more information on Residence by Investment in Greece, you can visit the official website of the Greek Ministry of Migration Policy or consult with legal professionals specializing in immigration and investment law.
Next Steps
If you require legal assistance or guidance on Residence by Investment in Greece, it's advisable to contact a qualified lawyer with experience in immigration and investment law. They can provide personalized advice and support throughout the application process.
Disclaimer:
The information provided on this page is intended for informational purposes only and should not be
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frequently, and interpretations of the law can vary. Therefore, you should consult with qualified legal
professionals for specific advice tailored to your situation.
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