An exotic tourist destination, Greece is an exquisite country of romantic marvels endowed with mesmerising natural sceneries. In addition, the country has a great historical and fabulous exploration background.
These beautiful aspects make Greece a renowned choice among people seeking citizenship. This is where the golden visa comes into the picture, which enables people to gain citizenship in the country by making an investment.
This investment visa program allows non-EU members to make an integral contribution to the country. However, it may be challenging to go through the process and complete all the formalities for a beginner.
Thus, it is advisable to contact professionals to get a golden visa in Greece, such as https://globalresidenceindex.com/greece-golden-visa/. Global Residence Index is a professional platform that lends a helping hand to investors seeking residence in the country.
Explore Greece and its Residency Program Through Golden Visa
Let us walk through a detailed guide on the golden visa program of Greece to explore the country and its different aspects.
Basics of Greece Golden Visa Program
The golden visa program was launched in the year 2013 with the motive of helping the country’s development through investments made by interested people. As per the residency program, the investors get an opportunity to stay in the country for five years and avail themselves of numerous benefits that come along.
In the recent past, the prime minister of Greece has increased the minimum investment
required from 250,000 EUR to 500,000 EUR. However, investors who have already paid a 10 percent deposit on purchasing a real estate property before July 31st, 2023, could apply under the previous 250,000 EUR scheme.
Benefits of Greece Golden Visa Program
Here are some of the benefits of Greece’s golden visa program, which makes it outshine other golden visa programs.
Access to Greek Citizenship
Once an investor stays in Greece for a period of seven years, he becomes eligible to apply for Greek citizenship. This citizenship brings along the immense benefits of being an EU citizen.
Some of the eminent benefits included in this citizenship program are ample business opportunities, excellent education, and quality healthcare.
Affordable Visa Program
The Greece Golden visa program is the most affordable than other visa programs. Also, the cost of living in Greece is relatively low, attracting most investors to the visa program.
For example, as per NUMBEO statistics, consumer prices in Greece are 23.9 percent lower than in the US. In fact, the average annual salary in Greece equates to 892.13 $ or (819.76 €), which is quite affordable compared to other nations.
Visa-Free Travel to Schengen Zone
Another benefit of acquiring a Greek golden visa is access to visa-free travel to the entire Schengen area. This implies that the investors, along with dependent family members, can travel without restrictions for 90 days within a period of 180 days.
This opportunity again opens doors to immense golden opportunities for investors in the Schengen zone, which includes 22 EU states. Some of the popular destinations in the Schengen area include Italy, France, Spain, and Germany.
Access to a Powerful Passport
Greek passport is renowned for being the fourth most powerful passport in the world and one of the reasons why people worldwide would want to apply for the same. Greece has many good things to offer its passport holders, adding to its plus points. In addition, possession of a powerful passport, such as Greece, offers many valuable entrepreneurial benefits for investors.
No Residency Requirement
The no-residency requirement is a significant positive aspect of Greece’s golden visa program. This implies that the investors can travel to Greece as they please without needing to remain permanently here for visa completion.
This freedom or flexibility in the program is highly beneficial for digital nomads or entrepreneurs who may have to travel continuously for their professional benefits. In addition, this freedom allows investors to explore European residency in detail.
Good Climatic Conditions
Greece has a perfect Mediterranean climate, which makes it an affordable place to reside. The mean temperature in the month of July is +26 degree Celsius, and in January, it is +6 degree Celsius.
In addition, the spring season in the country initiates early and makes it relatively easy for people to stay here. In addition, the country’s historical monuments, such as Ancient Delphi and the Acropolis of Athens, add to the country’s attractions.
Good Healthcare and Education
The residents in Greece also get access to local healthcare and good education facilities.
The country is perfect for people seeking higher education facilities for their kids. The colleges and universities here have world-class facilities and infrastructure. This is one of the main reasons why investors who want perfect education or their kids try to avail of this visa program.
Greece citizens have ample benefits to boast of, which makes the country a favorite destination worldwide. This is the very reason why Greece is also one of the most sought-after destinations among Golden visa investors.
However, the process of acquiring and meeting requisites as laid down by the Greece visa program can be challenging for beginners. Thus, experts often advise such investors to take help from professional platforms such as Golden Residence Index.
The platform brings along the expertise of professionals and lawyers who have been handling these cases for a long time. Happy acquiring a Greece golden visa!