Best Residence by Investment Lawyers in Kastoria

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Lawyer S. Kitsos Iraklis.
Kastoria, Greece

English
The firm of Georgios Kitsos - Iraklis Kitsos & Partners operates from Kastoria, Greece, delivering high level legal services across a broad range of law, with decades of sustained success. The team combines long-standing experience with ongoing professional training to provide precise advice and...
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1. About Residence by Investment Law in Kastoria, Greece

Residence by investment in Kastoria, Greece, is commonly known as the Golden Visa program. It allows non-EU nationals to obtain a residence permit by making a qualifying investment in Greece, most often in real estate. Kastoria residents pursuing this path follow the same national rules as elsewhere in Greece, with the application processed through the local immigration services under the Decentralized Administration of Epirus and Western Macedonia. The most common route is a real estate purchase that meets the minimum investment threshold set by Greek law.

The program’s aim is to grant long-term access to living in Greece and freedom to travel within the Schengen Area for business and personal reasons. The permit is typically issued for five years and renewable, and it can extend to family members who meet the eligibility criteria. For Kastoria-based applicants, the process involves local procedural steps in the Western Macedonia region, coordinated with national immigration offices.

According to official guidance, the residence permit for investment is issued for five years and is renewable, with eligibility including family members who meet criteria.

Official sources provide comprehensive guidance on how to identify a qualifying investment, prepare documentation, and submit applications. See the government portals cited in the Additional Resources for practical steps and forms.

Biometric checks, source-of-funds verification, and due diligence are integral parts of the process. You should plan for a multi-stage review that may involve property titles, bank statements, and audit confirmations to satisfy authorities in Kastoria and in Athens.

2. Why You May Need a Lawyer

Engaging a qualified attorney in Kastoria can save time, reduce risk, and improve the chances of a smooth outcome. Below are real-world scenarios where legal counsel is particularly valuable.

  • You own a property in Kastoria and plan a real estate investment that qualifies for residency; you need to structure the purchase, verify title validity, and ensure compliance with investment thresholds.
  • You intend to set up a Kastoria-based business or participate in a local investment that qualifies for the program; you require guidance on corporate structure, permits, and due diligence.
  • Your documentation spans multiple jurisdictions or languages; you need professional translation, certification, and consistent file formatting for authorities in Kastoria and Athens.
  • You have dependents (spouse or children) who will seek residence under your investment; you need to coordinate family documentation, medicals, and integration steps.
  • Your funds require provenance checks to satisfy anti-money-laundering requirements; you need a lawyer to prepare a clear, auditable funds trail.
  • You face delays or requests for additional information from the immigration authorities; a lawyer can respond quickly with compliant, jurisdiction-specific submissions.

3. Local Laws Overview

The framework for Residence by Investment in Kastoria is national law applied uniformly across Greece. The key statutory reference is the Immigration and Social Integration Law that governs third-country nationals and the related investment pathways.

  • Law No 4251/2014 Immigration and Social Integration of third-country nationals and other provisions. This is the central Greek law regulating residence permits for investors and their families, with amendments made to strengthen due diligence and procedural requirements. (Effective since 2014; commonly updated to reflect policy changes.)
  • Directive 2003/109/EC on the long-term residence of third-country nationals in the European Union. Greece implements this EU framework to grant long-term status to qualifying investors and family members, aligning national practice with EU standards. (EU-wide framework; applicable through national legislation and administrative practice.)
  • In Kastoria, as in all regions of Greece, the process is administered through the Decentralized Administration of Epirus and Western Macedonia and the relevant Aliens Directorate. While there are no Kastoria-specific statutes, local offices manage documentation, verifications, and interviews under the national scheme.

Recent trends include enhanced due diligence, clarified documentation requirements, and ongoing efforts to streamline processing times. For the latest details, consult official government resources on eligibility, required documents, and steps to apply.

Key terminology you may encounter includes: “investor residence permit,” “family members eligible for residence,” and “proof of investment funds.” These reflect the standard Greek framework used in Kastoria and across Greece.

4. Frequently Asked Questions

What is the Golden Visa and how does it apply to Kastoria residents?

The Golden Visa is a Greek residence permit granted to non-EU nationals who invest in Greece, including real estate in Kastoria. It allows long-term residence and travel within the Schengen Area, with renewal options for the investor and eligible family members. Local processing occurs through the Kastoria-related immigration offices under national guidance.

What documents are typically required for a Kastoria real estate investment visa?

Documents usually include a valid passport, proof of funds, property title or preliminary sale agreement, tax records, and a clean criminal record. You will also provide translations and notarizations as required by Greek authorities. A lawyer helps assemble, certify, and organize these papers for submission.

How long does the Greek investor residence application take in Kastoria?

Processing times vary with workload and due diligence checks, but applicants should plan on several months to six months or more. A local attorney can help track the file and respond to requests promptly to minimize delays.

Do I need to live in Greece while my investment visa is being processed?

Physical residence is not strictly required during the initial application phase, but staying in Greece can ease processing and help establish ties. The long-term permit is granted to investors who meet investment obligations and maintain the investment over time.

What is the minimum investment threshold for real estate in Greece?

The common threshold for real estate investment is a qualifying property value, historically set at a relatively low base level. You should confirm the current minimum with official sources as thresholds can change in policy updates. An attorney can verify current figures and ensure your purchase qualifies.

Can family members obtain residence through the investment program?

Yes, eligible family members such as spouses and children may obtain residence under the investor’s permit. Documentation for dependents must meet the same verification standards as the investor and may require additional translations and attestations.

What costs are involved in hiring a Residence by Investment lawyer in Kastoria?

Legal fees vary by firm and complexity, typically including a retainer, document preparation, translation management, and submission handling. A local attorney can provide a written fee estimate and a defined scope of work before you proceed.

Do I need to prove the source of funds for the investment?

Yes, authorities require a clear, auditable trail showing the funds originated from legitimate sources. Your lawyer helps prepare this evidence, including bank statements, asset provenance, and related confirmations.

What is the difference between temporary and permanent residence in Greece for investors?

A temporary investor residence typically covers the initial investment period, while renewal extends the permit for additional five-year terms. After reaching long-term status, you may enjoy more stable residence rights under EU rules.

How is Kastoria involved in the investment process?

Kastoria serves as the local context for real estate and life in Greece, but the investment process follows national rules. Local offices review documentation, conduct checks, and coordinate with national authorities in Athens as part of the procedure.

What happens if my investment is sold or changes after approval?

Changes to the investment can affect eligibility for continued residence. If you plan to sell or reorganize the investment, consult your lawyer to determine whether you must report changes and whether a new or adjusted permit is required.

Is it better to hire a Kastoria-based lawyer or a national firm?

A Kastoria-based lawyer offers proximity and local familiarity with regional processes and real estate transactions. A national firm may offer broader resources for multi-country matters. Evaluate experience with Greek investor residence cases when choosing.

5. Additional Resources

Use these official resources to verify requirements, forms, and current procedures for Residence by Investment in Greece and Kastoria:

  • Migration Policy - Greece https://www.migrations.gov.gr - Official government guidance on residence permits for third-country nationals, including investors and family members. This site provides eligibility criteria, required documents, and submission steps.
  • Gov Gr - Official Government Portal https://www.gov.gr - Central portal linking to forms, procedural steps, and contact information for immigration and residency matters in Greece.
  • Legislation - Greek Laws https://www.legislation.gov.gr - Official repository for Law No 4251/2014 and related implementing regulations and updates relevant to Investor Residency and Immigration.
  • EU Law Portal - Directive 2003/109/EC (Long-term Residents) https://eur-lex.europa.eu/eli/dir/2003/109/oj - Official EU source outlining long-term residence rights that influence Greece's investor residence framework.

6. Next Steps

  1. Clarify your goals and investment path in Kastoria, including the type of qualifying investment you prefer (real estate, business, or other). Set a realistic budget and timeline.
  2. Consult a Kastoria-based or Greek-wide lawyer with demonstrated experience in investor residence cases to assess eligibility and prepare a custom plan.
  3. Gather documents early, including identification, proof of funds, and any multi-jurisdictional records. Have translations and apostilles prepared as needed.
  4. Obtain a professional property assessment or investment valuation to confirm that the asset meets the current minimum threshold and compliance standards.
  5. Submit a complete application package through the appropriate local authority, with the lawyer coordinating correspondence and responding to requests for information.
  6. Monitor processing timelines and provide any requested supplemental materials promptly to minimize delays.
  7. Upon approval, arrange for the issuance of the five-year residence permit, and plan for renewal and family member residency as applicable.

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Disclaimer:

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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