Start your journey to “investment immigration” with a trip to Greece, to view the available properties and learn all the details about the Greek residency law.
During your stay, our team will explain the programme and guide you through the steps that are required in order to become a property owner and a resident in Greece. A stay of 1 to 2 working days is enough at this stage. We need one hour to explain the programme, timeframe, payment terms etc. We will spend about 3-4 hours visiting the properties.
If you are in a position to decide, we need to complete the 3 initial steps below.
Open a Greek bank account
After purchasing the property, we will open a bank account at a Greek bank. You won’t need this account for the property purchase itself; you will send the investment funds directly from your account abroad. The Greek account will be necessary for everyday transactions in Greece, such as collecting rent or paying taxes.
Requirements from the applicant
The only documents we need from the investor and their family are copies of valid passports and forms that prove family relationships, such as a marriage certificate and birth certificate. These documents will be required after the completion of the property purchase.
Payment Terms
Twenty days after the decision date, we will provide you with a comprehensive report on the property’s legality, signed by our legal team. All our properties have complete legal licenses and meet city planning regulations.
Following this, we will sign a preliminary purchase agreement and request a 10% deposit of the purchase price. This payment can be made through a direct transfer from your bank abroad. Once we receive the 10% deposit, we will prepare the final transfer contract in the investor’s name. The entire transfer process typically takes about 45 days. After signing the contract, we will translate it into your language and send it to you for submission to your bank, allowing you to transfer the remaining 90% of the property’s value. You will have 15 working days from the contract signing to complete this transfer.
Timeframe
The entire project, including the residency permits, is expected to be completed about six months after you choose the property. This timeline largely depends on the workload of the relevant public services. Please keep in mind that we will be coordinating with various entities, including banks, tax authorities, social security services, and the land registry.