Best Residence by Investment Lawyers in Serres

About Residence by Investment Law in Serres, Greece

Residence by Investment, commonly referred to as the Greece Golden Visa Program, allows non-EU nationals and their families to obtain Greek residency by investing in real estate or other eligible assets. In Serres, a historic city in the Central Macedonia region, this opportunity provides not only the chance to live in Greece but also to enjoy visa-free travel within the Schengen Area. The program is governed by Greek immigration law, with specific requirements and procedures for property acquisition, documentation, and residency permit application. Serres, with its accessible property market and strategic location, has become an attractive destination for investors seeking legal residency in Greece.

Why You May Need a Lawyer

Engaging a lawyer for Residence by Investment in Serres is highly recommended due to several complexities and potential risks. A legal expert can help you:

• Navigate local real estate regulations and select suitable investment properties
• Conduct due diligence to confirm property titles are clear and free of encumbrances
• Prepare and review the necessary legal documents for property purchase and residency application
• Ensure your investment matches the official criteria set by the Greek government
• Advise on tax implications and obligations for foreign investors
• Represent you before Greek authorities or resolve potential legal disputes
• Assist with certification, translations, and other essential formalities

Because the laws and processes are often written in Greek and require in-depth understanding of local practice, having a lawyer ensures your application process is smooth, compliant, and efficient.

Local Laws Overview

Greece’s Residence by Investment program is codified in Law 4251/2014, as amended. Some of the most relevant laws and regulations for applicants in Serres include:

• Minimum Investment: Applicants must invest at least 250,000 euros in real estate property in Serres or elsewhere in Greece. This threshold must be met per investor, not per property.
• Eligible Property Types: Both residential and commercial properties qualify, as do plots of land suitable for development.
• Ownership Structure: Investments can be made individually or through a legal entity wholly owned by the applicant(s).
• Documentation: Applicants must provide evidence of investment, clear property title, and a valid sales contract. Other documents include proof of funds and legal entry into Greece.
• Renewal and Duration: Golden Visa residence permits are valid for five years and are renewable as long as the investment is maintained.
• Family Members: Spouses, children under 21, and parents of both the investor and spouse can be included in the application.
• Taxation: Non-residents may have different tax liabilities compared to Greek residents. Proper planning is essential.
• Absence of Citizenship: The Golden Visa does not automatically grant citizenship although it can lead to permanent residency and, potentially, citizenship by naturalization after several years.

Local procedures in Serres also include municipal property registration, payment of applicable taxes, and possible compliance with urban planning and zoning rules.

Frequently Asked Questions

What is the minimum investment required for a residence permit in Serres, Greece?

The minimum investment is 250,000 euros in real estate, either residential or commercial, as mandated by Greek law.

Can I include my family members in my application?

Yes, your spouse, children under 21, and both your parents and your spouse’s parents can obtain residence permits as dependents.

Is it possible to rent the property instead of buying?

No, only property purchase, long-term lease, or property timeshare agreements meeting the required investment threshold are eligible.

How long does it take to get a residence permit after investing?

The process typically takes 2 to 3 months after submitting a complete application and investment documentation, although timelines can vary.

Can I sell the property after I get the residence permit?

If you sell the property and your investment drops below 250,000 euros, your residence permit may be revoked. The permit is only valid as long as the qualifying investment is maintained.

Do I have to live in Serres or Greece full time to keep my residence permit?

No, Greece does not impose mandatory minimum stay requirements for Golden Visa holders. You may live elsewhere and keep your permit active.

Will I need to pay taxes in Greece as a Golden Visa holder?

Property owners must pay property taxes regardless of residency. Personal income tax obligations depend on whether you are considered a tax resident in Greece.

Is it possible to work in Greece with a Golden Visa?

Golden Visa holders are permitted to live in Greece, but the permit does not automatically allow access to employment or self-employment. Separate permits are required for those purposes.

Can the investment be made through a company?

Yes, as long as the legal entity is wholly owned by the applicant(s), the investment can be made through a company.

How long is the Golden Visa valid, and can it be renewed?

The residence permit is valid for five years and can be renewed indefinitely as long as the investment threshold is maintained.

Additional Resources

For reputable information and support, consider the following resources:

• Greek Ministry of Migration and Asylum: Responsible for overseeing residence permit programs.
• Hellenic Cadastre (Κτηματολόγιο): For property registration and official land records.
• Union of Notaries of Greece: Guidance on notarial acts and property transaction requirements.
• Local Bar Association of Serres: To find a qualified lawyer specializing in immigration and property law.
• Central Municipality of Serres: For local regulations, taxes, and urban planning inquiries.

Next Steps

If you are considering Residence by Investment in Serres, Greece, follow these practical steps:

• Research and shortlist suitable investment properties in Serres.
• Consult with a licensed lawyer who specializes in immigration and real estate law in Greece, ideally with experience in the Serres region.
• Arrange for a comprehensive property due diligence and title search before making payments or committing to contracts.
• Gather the required documentation with your lawyer’s help, including proof of funds, valid entry into Greece, and legal translations where needed.
• Submit your residence permit application via the official immigration channels, assisted by your legal counsel.
• Stay informed of ongoing obligations, including tax compliance and property maintenance requirements.

Working closely with a qualified local lawyer ensures you meet all legal conditions, avoid common pitfalls, and secure your investment and residence permit efficiently.