Has the price of Greek immigrants increased? The latest details of the 2023 policy are explained in detail!

The Greek Golden Visa Program provides a five-year residence permit for foreigners who meet the requirements. Overseas people can live in Greece and travel throughout the Schengen area without a visa through a gold visa, and enjoy multiple benefits such as medical care and education. According to the latest news from the Immigration Bureau, in May 2023, overseas people's real estate investment in Athens and other regions will increase to 500,000 yuan. So has the current Greek immigration price increased? EasyGo Easy Travel International details the latest details of Greek immigration policy in this article.

1. Greek Immigration Price Rise

The Greek government is raising requirements for real estate purchases in the city of Athens, the north and south suburbs of Athens, Thessaloniki, Santorini and Mykonos. Applicants will be required to invest at least 500,000 euros, and the government will also limit the number of properties that investors can buy in a given area to prevent sharp price increases and make the local population unaffordable.

2. Greek Immigration Conditions

Greek gold visa applicants must meet the following application conditions:

1, 18 years of age or above;

2. You have no criminal record anywhere you live.

3, the Greek economy to meet the requirements of investment, including:

A. purchase of at least 250,000 euros of real estate in Greece. As long as the total value is not less than 250,000 euros, the amount may be the value of one or more properties. The real property must be owned by you. If you acquire the property through a legal entity, you must own 100% of the company. According to the new policy, the applicant will purchase no less than 500000 euros in some areas such as Athens after May 1, 2023;

B. Invest at least 400,000 euros in areas such as Greek government bonds;

C deposit at least 400,000 euros in time deposits in Greek credit institutions, for details, please consult EasyGo easy travel international.

4. Purchase medical insurance for each family member traveling with you.

5. The golden visa is applicable to relatives of Greek nationals, including family members, such as the applicant's spouse, unmarried children under 21 years old, parents who depend on you or your spouse, and children aged 21 to 24 years old who are studying;

6. The applicant needs to meet the application conditions stipulated by the government.

3. Greek Gold Visa Application Process

The Greek gold visa application process is not too complicated. The following is the application process:

1. Select your investment options;

2. Open a Greek bank account and obtain a Greek non-resident tax number;

3, buy real estate or make the investment of your choice;

4. Prepare all documents required to apply for a gold visa;

5. Visit Greece and provide biometric data to the relevant authorities there.

Once your application is accepted, you will receive a gold visa. The Greek Immigration Service will allow applicants to apply remotely, including the actual receipt of a residence permit. Investors only need to travel to Greece once with their families to submit their biometric data. The application process may take one to two months from submission to approval.

Documents Required for 4. Application for Greek Gold Visa

You must submit the following documents to apply for the Greek Gold Visa Program and complete the above steps:

1. Apply for a gold visa in Greece

2. Recent passport photos

3. Passport

4. Receipts for necessary government and visa fees

5. Health insurance certificate for you and each applicant's family member in Greece

6. Proof of the source and amount of investment funds

7. Other documents depend on the investment, such as real estate purchase agreement, company investment contract or proof of land registry. The applicant's documents must be translated into Greek by a Greek lawyer or the translation service of the Ministry of Foreign Affairs in Athens.

In short, Greece is one of the countries with the lowest threshold for real estate investment. Only 250,000 euros of Greek real estate is required to grant a five-year residence permit, and applicants can include their families in the residence plan. After the investor holds the identity, and obtains the right to live in Greece. For foreigners who meet the requirements, after reading the detailed introduction of EasyGo Yiyou International, act quickly!