Bosnia & Herzegovina Thank you. Papua New Guinea Hawaii Processing Time. Georgia To learn more about Greek corporate taxation, legal framework and tax treaties, check out incorporations.io/greece.This should not be construed as tax advice. Falkland Islands Yemen We offer expert consultation advice and assistance. Norfolk Island Because of the need to reside in the country the Greek golden visaprogram is considered a residency investment program rather than citizenship by investment. We work primarily with banks that allow for remotely opened accounts to ensure that you are ready to make the investment and apply for the visa as soon as possible.Once the investment is made, we will send you the application forms and provide assistance to complete the questionnaires, and translate and authenticate documents. If required, we can file the application on your behalf, so you won’t need to come to the country for it.Once your application is approved, you may apply for your residency card. Permanent residence permit for investors Under the Immigration and Social Integration Code (Law 4251/2014, Government Gazette 1, no 80), non-EU nationals and their family members may be granted Greek residency in exchange for an investment in real estate. Use of our websites FlagTheory.com, Incorporations.io, Residencies.io, Passports.io, is subject to our. Tokelau Family includes spouse, children (under 21 years, but can be extended to 24), parents of the applicant and of the spouse. Mayotte The concept of usual (permanent) residence is determined for tax purposes in Greece if someone resides in Greece for more than 183 days, cumulatively during any 12-month period, including their short term stay abroad. life.What’s more, your family is also eligible for the PR card and you can get it within 10 days! Once the child is 24 years old, the parents can donate the property to the child. to receive internationalization, business-driven structuring intelligence directly to your inbox, Immigration by Investment and Tax Residency, Become an EU citizen, with the right to live, work, do business, invest, own property and access to healthcare and education benefits throughout the European Union, Visa-free or Visa on arrival to 171 countries, including United States, Schengen Area, United Kingdom, Get one of the most valuable passport worldwide, Access to educational and healthcare benefits, Travel visa-free across the European Union, Access to healthcare and education system, The right to live and work in Greece, without any time limit, Title Deeds or Proof of Registration of Real Estate, Notarial act proving real estate acquisition, Certified copy of Business License or Incorporation documents (if applicable). Bahamas French Polynesia Kyrgyzstan Norway Enquire about the Greek PR Card Liberia • Minimum investment €250.000 (value before taxes). Zambia St Barthelemy 1. WHO IS ELIGIBLE FOR THE PERMANENT RESIDENCY (PR)? Anguilla The Greece permanent residency program is the most competitive permanent residency scheme in Europe and it is available to investors who are willing to invest in real estate in Greece. Seychelles The Greek Permanent Residency is valid for life as long as the property remains in the name of the applicant. Malta Flag Theory | Passports.IO has access to a global network of qualified attorneys and accountants who can give you the proper advice for your particular circumstances. Ukraine does not apply. St Lucia Maldives Gambia St Helena Fiji Italy Great Britain Greenland Burkina Faso Transferring Primary PR to the children: The Greek Golden Visa program garnered approval and foreign interest very quickly for two reasons: 1. Permanent residents with independent financial means – ie: 24,000 euros in a Greek bank account! Korea North Flag Theory | Passports.IO and our qualified attorney in Greece will handle all paperwork, and guide you through each step of the process to ensure that it is as fast, efficient and pain-free as possible.First, our lawyers will conduct a due diligence check on you to ensure that you are eligible and meet the criteria to apply for the program and that your application will be approved. If required, through our network of developers and agents, we will research real estate options, to find and present the most suitable investment possibilities to you. There is an additional real property tax levied on properties or sum of properties by a taxpayer over a tax value of €200,000.There is an inheritance tax: estates are taxed between 1-10%, for other heirs and rates range from 0 to 40%. Thailand Mauritius European Greek Permanent Residence “To applicants who are third country nationals and invest in Greece” EU citizens enjoy their full rights and privileges, including the right to establish residency, buy property, open a business and work in Greece. Once granted, the Permanent Residency Permit covers the whole family: the main applicant and spouse, their parents and children under 21 years of age. Tanzania It gives you the opportunity to get Permanent Residency in Greece and freedom of movement in 26 Schengen countries. UN citizens and their family members residing permanently in Greece will be granted the right of residence in the country, regardless of their country of birth, nationality, after the end of the transitional period of the EU-UK Departure Agreement. Mozambique Honduras St Maarten Applicants who live in Greece can apply for citizenship and a passport after seven years. On meeting all immigration requirements, you’ll be able to apply for permanent residence in five years and citizenship in 10 years. Germany Once applicants have citizenship then they are free to dispose of their investment as further visa renewals are not necessary. San Marino Latvia Angola You need to renew the Residency Card every 5 years. Flag Theory is an internationalization and offshore solutions provider, and the creator of residencies.io, Your privacy is important for us and we will keep your information secure. Nambia Kiribati Poland You will need to stay in Greece for at least 183 days a year and could apply for permanent residence in 5 years. Midway Islands Jordan • PR for lifetime, provided applicant maintains ownership forever. Croatia As of November 7, 2020, travel between other regions in Greece is allowed only for health reasons, business, family reunification, or to return to one’s place of permanent residence and requires declaration as described at forma.gov.gr/en. French Southern Ter Central African Republic Belarus Dominican Republic Greece Golden Visa – How to Get Permanent Residency and Citizenship The Golden Visa for Greece is one of the most popular investment visa programs in the EU. Cuba (b) has personally the full ownership, possession and peaceful enjoyment of real estate property in Greece. Moldova Options to Acquire Residence Permit in Greece: Greece, officially the Hellenic Republic, is a state in southeastern Europe, located on the southern Balkan peninsula. Brazil Tajikistan Eritrea Tuvalu Hungary Singapore Brunei Virgin Islands (Brit) In the case of jointly owned property, worth 250,00… Good. Liechtenstein 4. Finland WHAT IS THE CARD RENEWAL PROCESS? Bulgaria Trinidad & Tobago The above described residency permit (Golden visa) can be renewed every five years … If you plan on getting the permanent residence, you will need to stay in Greece for the larger part of the year (at least 183 days). Under this regulation residents may be taxed on the undistributed profits of their companies abroad, provided that they own at least 50% of the share capital, the entity is resident in a non-cooperative jurisdiction, more than 30% of profits are derived from passive income and shares of the entity are not listed in a regulated market.Real property tax is levied according to the location, use, zone price, surface and age of the property. flagtheory.com. Monaco Greece permanent residence permit program. Kuwait The Greek Immigration Code (Law 4251/2014) provides the possibility of granting a residence permit to third-country (non-EU) nationals who are family members of a Greek citizen. It has borders with Albania, the Republic of Macedonia and Bulgaria to the north and Turkey to the east. Channel Islands Congo The applicant may file for Greek citizenship after seven years of permanent residency. Republic of Montenegro Rental income is taxed separately at progressive rates from 0% to 45%. Note : Contrary to the EU laws, this does not apply to married gay and lesbian couples or those joined in civil … Isle of Man Portugal Belize Samoa Nauru Greece Permanent Residency A new law on the stay of foreigners in Greece (4251/2014) will give the opportunity to third countries investors a new way to get a 5-year permanent residence in Greece by investing in real estate, with the minimum amount of 250,000 euro. In order to better serve you, we ask that you please fill out the following form as accurately as you can and provide as many details as possible. € 250,000 EUR. Vanuatu Under the Immigration and Social Integration Code (Law 4251/2014, Government Gazette 1, no 80), non-EU nationals and their family members may be granted Greek residency in exchange for an investment in real estate. Guam Antigua & Barbuda Belgium C) A child whose parent(s) has completed 5 continuous years of stay in Greece prior to the child's birth. Swaziland British Indian Ocean Ter Taiwan Botswana Greece includes a vast number of islands (approximately 1440, of which 227 are inhabited), including Crete, the Dodecanese, Cyclades and Ionian Islands, among others. Saipan There is a transfer tax of 3% levied on the transfer of real properties, if V.A.T. Cocos Island Switzerland Sweden After five years of continuous residence in Greece, the family members are eligible for permanent residence (Deltio Monimis Diamonis). Purchasing a property worth € 250,000 gives you a PR Card for life. These foreigners can get permanent residency in Greece, provided that they are staying in Greece. New Caledonia Far Horizon Capital Inc., and any Korea South St Eustatius • Three recent color photographs. • Photocopy of a valid passport including the entry visa inside. If you wish to stay in Greece for longer than 90 days within a 180-day period, you should apply for a visa at Greek Embassy or Greek Consulate prior to your arrival in Greece. Guyana Marshall Islands The contents of this website are just for illustrative purposes and are NOT to be Palestine Ghana If you wish to make the investment through a legal entity, we may incorporate your company in Greece or another jurisdiction, and introduce you to several banks in order to open a bank account. Australia Golden Visa Program is a service provided by Prime Synergy (www.greekresidency.com), a company headquarted in Athens, Greece since 2013.Our expertised team offers a complete line of services to non-EU citizens who wish to exploit the Greek legislation that gives the opportunity of a permanent residency permit in Greece with citizenship possibility, through the purchase of a property. India The Permanent Residency Permit grants a Non-EU national the right to permanently reside in Greece with no renewal requirements. Vietnam People in Greece are friendly and hospitable and residents of Greece can enjoy a relaxed lifestyle, including outdoor activities, modern culture and active social activity. Somalia Macau Andorra Nicaragua Select a Country Pitcairn Island Romania Pakistan Ecuador Faroe Islands East Timor FOR FAMILY MEMBERS: Republic of Serbia Bangladesh United Arab Emirates GREECE PR CARD – DOCUMENTATION Algeria Real Estate Investment From. Residency rules may vary according to a tax treaty.Tax residents are subject to personal income tax on their worldwide income, while non-residents are only taxed on their Greek-source income.Personal income tax is levied at progressive rates up to 45%. St Kitts-Nevis Niger Puerto Rico • Family Certificate from country of origin translated and certified. Cyprus Argentina To be a tax resident in Greece an individual must spend more than 183 days per year within the country. Lithuania HOW LONG IS THE PR VALID? The Permanent Residence Certificate can be applied for by any EU citizen who can show that they have been a permanent resident of Greece for 5 years, e.g. Chad Qatar Uruguay Bermuda 2. Peru • Permanent Residence Permit (PR) for Greece is also a Schengen Visa. France Dividends and interests are taxed at a 15% flat rate. Solomon Islands Luxembourg Djibouti • PR for spouse and children below the age of 21 years of age. Ethiopia Kenya Malaysia Palau Island Greece Bhutan Mongolia Slovenia Martinique on the matter(s) in this website please contact our offices and we will refer you to an appropriate legal practitioner. Residence Permit Greece: Discover how to become a permanent resident of Greece through the Greek Residency by Investment Program. French Guiana Suriname Canada Cape Verde Niue 2 MONTHS. • Application (PR) form. With your new passport from Greece you'll be able to access 171 countries visa free, Credit card payments are collected by Incorporations Payments LLC with address at 26031 72nd Av NW, Suite O167, Stanwood, WA 98292, Although we use our best efforts to keep the information of this site accurate and up-to-date, we make no Tunisia • Birth Certificates of the Children (original and certified translation), provided that children are under the age of 21 years. Permanent residency status means that your family has the right to live freely in Greece or continue to live in your home country and use the permit whenever you need it. By decision of the Secretary General of the Decentralized Administration, residence permit for five years, subject to renewal, is granted to a third country national who: (a) has legally entered the country with any type of visa or legally resides in the country, even if the type of residence permit that he possesses, does not permit change of purpose. Slovakia 1. considered as a legal opinion or tax advice and should not be relied upon as such. benefits it offers. Turks & Caicos Is Vatican City State Czech Republic Kazakhstan Russia We disclaim any warranties expressed or implied, merchantability, or fitness for any particular purpose. After five years of continuous residence in Greece, family members are eligible for permanent residence (δελτίο μόνιμης διαμονής / Deltio Monimis Diamonis). • No minimum stay requirement. Senegal We shall in no event be held liable for any loss or other damages, including but not limited to special, incidental, Estonia Panama Laos Macedonia Serbia 3. How to Obtain the Registration Certificate Guatemala Contact us for further information. New Zealand Austria Mexico Mauritania The benefits of permanent residency in Greece for investment in real estate: Gibraltar The difference is that permanent residents of Greece can travel and stay in the other EU Member States, but only Greek citizens can freely move and work in the Schengen area. Lesotho Equatorial Guinea (either residential or commercial), that can include one or more properties; Max ages that Children can be included on a Permanent residence permit application: - Children below 21 are eligible The transitional period comes to an end on December 31. What’s more, your family is also eligible for the PR card and you can get it within 10 days! Tonga • Copy of the Purchase Contract (of a property worth at least € 250,000) and the registration of Title Deed from the ‘Registry of Mortgage’. The Greek “Golden Visa” Law 4251/2014 “Permanent residency permit for investors” amended by the law 4332/2015 (valid from July 2015) offers permanent residency permit to non-EU citizens and their family members, who buy property in Greece, the value of which exceeds €250,000. Guadeloupe Jamaica Albania Greece Permanent Residency is highly sought-aſter for the wide range of benefits it offers. Denmark Sao Tome & Principe Iraq Gabon Bolivia Malawi Cambodia Contact the closest Greek Mission to your area of residence for requirements. A) The PR holders who have been residing in Greece for 7 consecutive years (180 days in each year). Armenia Greece is a member of the EU Schengen visa zone, so when you have this Greek residency permit, which is also called Greece Golden Visa, … Zimbabwe. Curacao Uganda Netherland Antilles Myanmar Cook Islands Aruba The right to obtain Greek Citizenship is available to: Paraguay You can … Costa Rica Samoa American Turkey Comoros Possibility of receiving permanent residency and EU Citizenship – Holders have the right to obtain the permanent residence after five years from the date of obtaining residence permits and following that they can freely claim Greek citizenship. VISA-Free Travel Within. Tahiti Haiti China Iceland But if you want to settle in Greece, you will have to go through the procedure of permanent residence registration and citizenship in general order. • No minimum savings account needed. Morocco The Aegean Sea is to the east of Greece, the Ionian Sea to the west and the Mediterranean to the south. Benin Rwanda Nevis View our privacy policy, Thank you very much for contacting us. Togo E) Children living in Greece who have successfully completed nine academic years (6 in elementary school and 3 in middle school) or 6 academic years of secondary education. Anyone who invests a minimum of 250,000 Euros in Greek property, along with their family members are eligible. Hong Kong GREECE PERMANENT RESIDENCY – SUMMARY OF FEATURES It is a residence-by-investment visa, issued to non-EU citizens who make a significant contribution to the Greek economy. representations or warranties with respect to the accuracy, applicability, fitness, or completeness of the contents of The Greece permanent residence permit program enables an entire non-EU family, including dependent children up to age 24 and the parents of both spouses, to obtain permanent residency status in Greece within just 3 months (in some areas it takes less time) with a real estate investment of just €250,000. Burundi Cameroon Japan Chile Turkmenistan I just found this out in July while renewing my residence permit…and they are a bit stricter re: health insurance, wanting proof of payment, and proof of coverage in Greece. Cayman Islands Virgin Islands (USA) Applicants who already have invested at least €250,000, possess permanent residency and live in Greece for at least 183 days each year, can apply for Greek citizenship and a passport after seven years. Ireland • Ownership will be examined every five years. Bahrain B) A child born in Greece who is attending the A' grade of elementary school. Lebanon If you do not hear from us during today, please check your Spam inbox or send an email to [email protected], Click to read more about Citizenship and Residency on flagtheory.com If you wish to receive a legal opinion or tax advice Valid for 3 generations There is no net worth tax.The V.A.T. Spain What you wrote is true. Flag Theory is an internationalization and offshore solutions provider, and the creator of residencies.io. Our expertised team offers a complete line of services to non-EU citizens who wish to exploit the Greek legislation that gives the opportunity of a permanent residency permit in Greece with citizenship possibility, through the purchase of a property. Azerbaijan Israel consequential, or other damages. Once applicants get citizenship, then they are free to dispose of … Wallis & Futana Is El Salvador ADDITIONAL BENEFITS FOR GREECE PR CARD HOLDERS United States of America D) A child unmarried and minor whose parents have acquired Greek citizenship. Montserrat For Primary Applicant: Sudan Cote D'Ivoire The Greece Golden Visa was born. Christmas Island Afghanistan this website. Canary Islands Bonaire Nepal St Vincent & Grenadines Guinea Purchasing a property worth € 250,000 gives you a PR Card for Oman If you are not eligible for permanent residence (you have not completed five years of continuous and lawful residence in Greece), you will receive a biometric permit valid for five (5) years, renewable. Venezuela Those arising from the sale of immovable assets are currently tax-exempt.Greece has enacted controlled foreign company rules. Visas may be issued for property owners, students, employment, athletes, coaches, etc. Grenada Barbados The residence by investment program set out the guidelines on how non-EU citizens could obtain permanent residence in the country by investing €250,000 in Greek real estate. Wake Island Sri Lanka Uzbekistan United Kingdom citizens and their family members, irrespective of nationality, who are permanent residents of Greece, will have an established right of residence in the country after the end of the transitional period of the EU-UK Departure (Brexit) Agreement. Syria You need to present a certificate of ownership of the property and submit biometric data once in every five years. Madagascar After five years of continuous residence or the marriage to a Greek national, a Permanent Residence Certificate (Eγγραφο Πιστοποίησης Μόνιμης Διαμονής Πολίτη Ε.Ε / Egrafo Pistopoisis Monimis Diamonis Politi Evropaikis Enoseis) can be applied for. The whole process takes within 3 months.For further information on Greece's residency by investment program and detailed procedures, contact us for a free private consultation. Zaire This way the child becomes the primary PR holder and the parents can maintain their PR under the provision of the law for parents. Netherlands (Holland, Europe) • Marriage Certificate (original and certified translation). associated company, is not engaged in the practice of law or tax. Dominica The Greece Golden Visa allows non-EU applicants to file for Greek residency by way of a EUR 250,000 investment in local real estate. There is no minimum stay requirement for Permanent Residency applicants with the Greek Permanent Residency Program. Greece’s Permanent Residency law is considered to be the best program of its kind in the world. Iran You can receive your PR in as little as 10 days from the day of receiving the title deed, if the house is located in Chania, Crete and within 3 months approximately if the property is in Santorini, Paros or Athens. Saudi Arabia GREECE PERMANENT RESIDENCY: Methods of Investment for Permanent residence permit : - Investment in real estate by 250,000 Euros. United Kingdom Indonesia standard rate is 24%, the reduced rate is 13% and a super reduced rate of 6% may apply to certain goods and service transactions.With regard to corporate taxation, resident entities are subject to a 29% corporate income tax on their worldwide income. • Medical Insurance covering the costs of hospitalization and medical care from a Greek Insurance company or international one. those holding the beige Registration Certificate for 5 years and those married to Greek citizens. American Samoa Greece Permanent Residency is highly sought-aſter for the wide range of • PR holders have free access to public education. Mali • Electronic photograph and fingerprints submitted in person to the local decentralized administration. Egypt Colombia There are numerous ways to obtain Permanent Residence in Greece. Owner will need to present only valid title deed, health insurance and resubmit biometric data. Philippines Sierra Leone Libya South Africa • The investor may sell the property and transfer it to another non-EU National, who in turn will also be eligible for PR. However the option for citizenship is there for those committed to living in Greece. We will get back to you shortly to better assess your unique situation and find solutions. Capital gains from the sale of securities is subject to 15%. Greece is a superb base for traveling throughout Europe with its excellent flight connections to Europe and the rest of the world. Receive regular, specialized articles from FlagTheory.com on internationalization and business-driven structuring intelligence directly to your inbox. There’s no fine print! HOW FAST CAN YOU RECEIVE PR? Live in Greece without restrictions during the validity of the permit, without being obliged to become its tax resident Freely travel within the Schengen area and live in its territory for 90 (ninety) days every six months Have access to public health services in Greece Have access to … St Pierre & Miquelon Nigeria Reunion The investor may sell the property and transfer it to another non-EU National, in! The practice of law or tax the investor may sell the property and submit biometric data once every... Non-Eu citizens who make a significant contribution to the children ( original and certified translation.! The opportunity to get Permanent Residency is valid for life than citizenship by investment use of websites! The child 's Birth ), provided that children are under the age 21... Then they are free to dispose of their investment as further Visa renewals are not necessary north! 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