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Residence Permits

Golden Visa

The Greek Group of Companies Rhetor, undertakes the whole procedure of residence authorization in Greece, having the potential of three specialized companies that indicate every phase of your investment process

Our highly qualified partners ensure the submission of a complete application and your residence authorization in Greece, directly and with guaranteed results.

In accordance with Law 4251/2014 the Greek legislation enables third-country nationals (from outside the European Union ) along with their family members (wife, children up to 21 years old, parents), to obtain a five (5) year duration residence permit, by investing at least  250.000 euro in one or more properties (with the exceptions referred in answer 12 from FAQ section), which can be renewed for every five (5) years, as long as the main applicant keeps the property in his possession

Our law firm provides:

  • Legal counseling in order to establish whether the investor and his dependent family members meet the minimum conditions of the Law
  • Issuance of Greek VAT number for the investor and all dependent members
  • Opening a Greek bank account and assistance in obtaining the necessary supporting documents (translations, certifications, etc.)
  • Legal check (encumbrances, ownership, etc.) of the property chosen by the investor
  • Legal counseling during all the stages of the property acquisition procedure until the signing of the final contract
  • Gathering all the necessary legal documents and submitting a file to the relevant decentralized administration

FAQs

Law 4251/2014 states that from the moment the biometric examinations have been succesfully completed, the examination period takes two (2) months, but in practice and depending on the Region where the investor's file will be submitted, the examination time can many times exceed six (6) months. During the whole examination period, the applicant has the right to stay legally in Greece.

Βy way of derogation of par. 1, sub-paragraph a' of article 20B of Law 4251/2014, which expressly refers to an entry visa prior to the investor’s golden visa application, he is permitted to submit an application for the acquisition of the residence permit prior to his entry in Greece, through a power of attorney document, which has either been drawn up and validated before a Greek consular authority or has been drawn up by a foreign authority or a foreign notary and bears the The Hague Stamp (APOSTILLE) and with the express condition that the investor and/or his family members, enter Greece and submit the necessary biometric data, within a period of twelve (12) months, starting from the submission of the application

Yes, with the necessary condition that he stays legally and permanently in Greece for at least seven (7) years, prior to his application for Greek Citizenship and that he also meets the conditions mentioned in the Greek Citizenship Code (L. 3284/2004).

No, but he/she can be entitled as a shareholder, member of a management board of a company or the Managing Director.

The investors’ family members are also entitled to the same benefits of individual residency permit by submitting an individual application which could be renewed or either expired at the same time with the owners residency permit of the property.

Yes it can renewed every five years, for as long as the main applicant retains ownership of the property and also with the necessary prerequisite that he will apply for renewal, at least two months prior to his residence permit expiration date

Νο, Law 4251/2014 expressly refers that long periods of absence from Greece, for the investor or/and his family members, do not affect their ability to renew their residence permit, with the necessary prerequisite that the investor, retains ownership of the property.

No, there are more potential alternatives to be considered:

-timeshare of 10 years duration, or

-holiday leasing agreements of hotel accommodation or furnished dwellings on complex tourist accommodations with at least 10 years duration

in accordance with the Greek Legislation 4251/2014

Yes as far as 100 % of  the company's  shares, are  owned by the main  applicant

  • He can stay legally in Greece throughout the validity period of his residence permit
  • He can travel to other Schengen countries for up to three months per semester.
  • He has access to health and education services, just like Greek citizens