Greece is the hot spot of the European and Mediterranean real estate investment market.
For analytical information, please visit www.investingreece4visa.com
As a short introduction, the Greece Residence Visa Programme enables the applicants to live in Greece and travel throughout the 25 countries of the Schengen Area without needing to go through the lengthy process of applying for a visa for each their trips.
With an investment of € 250,000 + VAT 23% in a property in Greece, the investors will receive a residence visa for 5 years that they will be able to renew for a further 5 years if they still own the property after the initial period of 5 years has elapsed.
Once the non-EU citizen acquires a residence permit in Greece, then s/he is allowed to live in Greece and to exit and re-enter Greece any time without a visa and to travel to Schengen member-states without further documentation than a valid passport.
This investment is extremely attractive as real estate prices in Greece have gone down significantly and are about to bottom out: thus the investors will stand to gain from:
(A) the future appreciation of the investment,
(B) ability to reside in such a magnificent country and
(C) the obtention of a renewable 5-year visa to a European Union country and member of the Schengen Zone.
(D) the right to rent out the property, thus adding to the overall financial benefits.
There is no minimum time requirement to live in Greece.
The Greek Residence visa enables the beneficiaries to travel for up to 90 days every six months throughout Europe’s Schengen Area.
The visa is awarded to the applicant, spouse and children under the age of 18.
This programme is also suited to business people travelling through Europe and who need quick access to the Schengen Area, whilst avoiding lengthy visa application procedures.