Best Residence by Investment Lawyers in Nea Moudania

About Residence by Investment Law in Nea Moudania, Greece

Residence by Investment, commonly known as the Greek Golden Visa Program, enables non-European Union (EU) nationals to acquire Greek residency by investing in the local real estate market. Nea Moudania, located in northern Greece within the beautiful Halkidiki region, has grown in popularity among investors due to its appealing lifestyle, scenic coastline, and thriving property market. The program is backed by national and local legal frameworks, offering one of the most straightforward routes to residency in Europe. By purchasing property or making a qualifying investment, individuals and their families can legally reside, travel, and even work or study in Greece, enjoying access to the wider Schengen area.

Why You May Need a Lawyer

Investing in a foreign country's residency program can be complex. Common situations necessitating legal assistance include verifying property ownership and titles, conducting due diligence on real estate transactions, preparing and submitting residency applications, understanding tax implications, and ensuring compliance with Greek and EU law. A local lawyer also provides critical advice if you encounter legal disputes, need representation in negotiations, or must resolve issues related to inheritance, property disputes, or estate planning. Additionally, legal professionals can help navigate language barriers, unfamiliar bureaucracy, and evolving regulations, reducing risks and ensuring a smooth, compliant process.

Local Laws Overview

The main legislative framework governing Residence by Investment in Nea Moudania falls under Law 4251/2014 (the Immigration and Social Integration Code) and relevant amendments. The program allows qualifying applicants to receive a renewable five-year residence permit by investing a minimum of 250,000 euros in local real estate. Key legal considerations include:

• Verifying legitimate property ownership and clear land registry status
• Adhering to zoning, land use, and local municipal regulations
• Completing investment transactions legally, including the payment of taxes and notarial fees
• Demonstrating clean criminal background checks from both Greece and your home country
• Complying with ongoing residency requirements, if any, to maintain permit validity
• Procedures to extend validity or transition to permanent residency or citizenship

Frequently Asked Questions

What is the minimum investment required for the Greek Golden Visa in Nea Moudania?

The current minimum investment for qualifying real estate in Nea Moudania is 250,000 euros, excluding taxes and fees.

Can my family members also gain residency through my investment?

Yes, immediate family members, including your spouse, children under 21, and dependent parents, can be included in your residency application.

Do I need to live in Greece full time to maintain my residence permit?

No, there is no minimum stay requirement to keep your residency permit active. You are free to enter and leave Greece as you wish.

How long is the residence permit valid for, and how can I renew it?

The initially issued residence permit is valid for five years. It can be renewed for another five years, provided you still own the qualifying property.

Can I apply for Greek citizenship through the Golden Visa program?

While the Golden Visa offers residency, it does not directly grant citizenship. However, after seven years of continuous legal residency, you may apply for citizenship if you meet certain residency and language requirements.

What documents do I need to apply for the residence permit?

Typical documents include proof of property ownership, a valid passport, criminal background checks, proof of health insurance, and documentation of investment funds.

Is it possible to invest in multiple properties to reach the minimum threshold?

Yes, you may combine several properties, as long as their combined purchase price meets or exceeds the 250,000 euro investment minimum.

Are there any restrictions on the type of property I can buy?

The law allows investment in residential, commercial, or a mix of both property types within Nea Moudania, provided they are legally registrable and meet program requirements.

What are the tax implications of owning property in Nea Moudania?

Property owners in Greece are subject to property taxes, transfer taxes, and potentially income taxes on rental income. Consulting a lawyer or tax advisor is essential for specifics.

What happens if I sell my property before the permit expires?

If you sell the qualifying property before your residence permit expires, your right to residency under the investment program will typically be revoked, unless you reinvest in another qualifying property.

Additional Resources

Those seeking further guidance on Residence by Investment in Nea Moudania, Greece, may consult the following resources:

• Greek Ministry of Migration and Asylum
• Hellenic Republic Ministry of Foreign Affairs
• Local Notaries and Bar Associations in Halkidiki
• Nea Moudania Municipal Office (for local land and property regulations)
• Certified property agents specializing in the Golden Visa program

Next Steps

If you are considering or ready to pursue Residence by Investment in Nea Moudania, your first step should be to consult a qualified lawyer familiar with both Greek immigration and real estate law. Collect all necessary documentation, research reputable property options, and clarify your investment goals. Engaging professional legal guidance streamlines the process, guarantees compliance with regulations, and protects your interests throughout the transaction. Schedule a consultation with a local legal expert to assess your eligibility and begin your journey to legal residency in Nea Moudania, Greece.