Residence Permit

Residency permit in Greece

After buying property in Greece each owner has an opportunity to obtain a residence permit. A stay in Greece for a specified period is not required.

Advantages of  Greek residence permit:

  • traveling in Europe without a visa,
  • the possibility to receive European education,
  • the ability at any time to visit Greece and Europe for holiday and for the other personal matters

The owner of the property qualifies to obtain residency permit in Greece , regardless of its value. Initially, the property owner receives a residence permit valid for 1 year, which is extended annually and after 5 years the residence permit is issued for 10 years. Ownership of the property entitles both the owner and his family to obtain a residence permit and to stay in Greece for an unlimited number of days per year and travel around Europe.

The law entered into force since 2013 opens the prospects for buyers of the property  with the value of 250.000 euro and above. The owner of the property, as well as his family members, applying for a residence permit, obtain it immediately for a period of 5 years with a right to extend it.

 

 

According to a new law, under the number 4332 / 07.09.2015, there were entered the important amendments to the Emigration Code :

  • The persons, who are entitled to obtain five-year residence permit in Greece, along with the children, are the parents of the owners of property valued from 250.000 euro and above.
  • The period, provided by five-year residence permit for property owners in Greece will be taken into account when obtaining Greek citizenship.

 

 

 

 

After arrival in Greece you need to file to the Migration Authority the following documents (only for residence permit when buying property with the  value of   250,000 euro):

  • Application form
  • 3 photographs
  • Sales and purchase agreement (property in Greece valued from 250.000 and above)
  • The certificate from Land Registrar confirming the registration of the sales and purchase agreement
  • The certificate from Greek notary, who registered the sales and purchase agreement, confirming the full payment of the property value
  • Medical statement issued by a Greek governmental medical centre, confirming that the applicant does not suffer from any infectious diseases, in accordance to the World Health Organization
  • An insurance company statement confirming that the applicant has submitted his application for medical insurance in Greece.
  • Marriage certificate with apostille certified; children’s birth certificates, apostille certified; TIN (Tax identification Number)

 

 

There are several specific conditions of the Greek legislation under which a residence permit is issued.

 

 

This type of permit may be issued  during the purchase of the property of any value.

Persons who are not EU nationals, applying for a residence permit without the right to work (as a financially independent persons) should meet the following conditions:

1) Special national visa type D (as a financially independent person).

2) Bank deposit of the amount of  24,000 euro in a bank account in Greece and in addition to this amount: 20% of the above amount for the spouse and 15% for each minor child (under 18 years).

The competent staff  of Elionis will consult you regarding the complete list of documents required for submission for this type of residency permit, as well as on each stage registration process of documents.

 

 

 

This type of residency permit is issued to foreign nationals practicing independent commercial activity and receiving  income from their commercial, industrial, trade and agricultural enterprises as well as any other enterprises rendering services in places different from their permanent residence. The competent staff  of Elionis will consult you regarding the complete list of documents required for submission for this type of residency permit, as well as on each stage registration process of documents.

 

 

 

This type of residency permit is issued to foreign nationals who are  the members of the board, managers, legal representatives and Chief  Executive officers  of the subsidiaries and branches of foreign companies  carrying out their business activities  in Greece according to the Law.

 

The competent staff  of Elionis will consult you regarding the complete list of documents required for submission for this type of residency permit, as well as on each stage registration process of documents.

With the support of a competent real estate experts and legal consultants the process  of obtaining a residence permit is extremely simple and transparent All the matters related to the documentation registration can be can be entrusted to the professional of Elionis.

The company lawyers assist our clients in preparation of the documents for obtaining residence permit in Greece and in the process of submitting the documents to the Migration Authorities.