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Greece - Residency Program

Greece - Residency Program.

Greece’s warm Mediterranean climate, world-renowned gastronomy, and cosmopolitan cities, coupled with the country’s exquisite beaches and authentic local traditions and hospitality, have led many upwardly mobile individuals to make this country their second home.

As a member state of the EU, Greece offers its residents and citizens a number of reassuring benefits including high levels of safety and security, excellent education opportunities, robust healthcare options, and a dependable rule of law. The Greece Golden Visa Program is considered one of the most affordable residence-by-investment programs that provides access to Europe. Successful applicants and their families are able to benefit from visa-free access to Europe’s Schengen Area within two months of applying.

Requirements :
The Greece Golden Visa Program is a residence-by-investment program launched in 2013 that enables non-EU nationals and their family members to obtain permanent residence permits in Greece. The residence permits may be renewed every five years.

The Thailand Elite Residence Program offers seven program options, each varying in validity, benefits, and costs.

The Following Are The Three Most Popular Options Available :

A: Real estate options.
Real estate acquisition: An investment in real estate property with a minimum value of EUR 250,000, plus the applicable taxes.
A 10-year lease agreement for hotel accommodation or furnished tourist residences in tourist accommodation complexes.
A 10-year time-sharing agreement for hotel accommodation.

B: Capital contribution.
1) A capital contribution with a minimum value of EUR 400,000 to a company that has its registered office or establishment in Greece (with the exception of portfolio investment companies and real estate investment companies) for the acquisition of shares in a share capital increase or bonds that are, at the time of issue, admitted for trading on regulated markets or multilateral trading mechanisms that operate in Greece.

2) A capital contribution with a minimum value of EUR 400,000 to a real estate investment company that will invest exclusively in Greece, for the acquisition of shares in a share capital increase.

3) A capital contribution with a minimum value of EUR 400,000 to a closed-end investment company for the acquisition of shares or to a closed-end mutual fund for the acquisition of shares, provided that the aforementioned alternative investment institutions have the intention to invest exclusively in companies that have headquarters or establishments in Greece.

Shares, Bonds, And/Or Government Bonds.

Purchase of Greek government bonds with a minimum acquisition value of EUR 400,000 and residual maturity of at least three years at the time of purchase, via a credit institution established in Greece, which will also act as the custodian of these bonds.

Purchase of shares, corporate bonds, and/or Greek government bonds with a minimum acquisition value of EUR 800,000, which are admitted for trading or are traded on regulated markets or multilateral trading mechanisms, operating in Greece.

Purchase of units with a minimum value of EUR 400,000 of a mutual fund incorporated in Greece or another country and with the intention to invest exclusively in shares, corporate bonds, and/or Greek government bonds that are admitted for trading or are traded on regulated markets or multilateral trading mechanisms, operating in Greece.

Purchase of units or shares with a minimum purchase value of EUR 400,000 of an alternative investment fund established in Greece or another country of the EU, which intends to exclusively invest in immovable property in Greece.

Capital transfer: Term deposit of a minimum value of EUR 400,000 to a domestic credit institution, for at least one year, with a standing order for renewal.

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