RESIDENCE PERMIT FOR INVESTMENT ACTIVITY

1. Investment activity

Investors-citizens of third countries, who are interested in investing positively for the Greek economy, can obtain a national entry visa and a residence permit for investment activity.

The duration of the residence permit is five years with the possibility of renewal.

The amount of the investment should be at least 250,000

If the investment is made by a foreign legal entity, depending on the amount of the investment, up to 3 citizens – shareholders or executives of the foreign legal entity can enter Greece.

The maximum number of people who can enter-reside in Greece for the purposes of the investment is 10 people depending on the amount of the investment. These people are granted a residence permit in the context of the investment as follows:

Senior Executives, financial and legal advisors to start the investment

Experts and middle executives to provide services for the implementation of the investment

Specialized technical staff for the operation of the investment

The above citizens can be accompanied by their family members who are granted a residence permit, which expires at the same time as the maintenance permit of the dependent.

In addition to the positive investment for the economy, it is determined by law and the investment in securities or bank deposit in the following categories.

a. capital contribution, amounting to four hundred thousand (400,000) euros, at least, to a company based or established in Greece

b. capital contribution, amounting to at least four hundred thousand (400,000) euros, to a Real Estate Investment Company (AEEAP)

c. purchase of Greek government bonds, with an acquisition value of at least four hundred thousand (400,000) euros

d. term deposit amounting to at least four hundred thousand (400,000) euros, to a domestic credit institution, of at least annual duration, with a permanent renewal order.

e. purchase of shares, corporate bonds or / or bonds of the Greek State, which are listed for trading or traded in regulated markets or multilateral trading mechanisms, operating in Greece, with an acquisition value of at least eight hundred thousand (800,000) euros.

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