September 25, 2014
in
Ελλάδα

The law for residency permits

The Law 4146 of 2013 offers residence permits to third-country citizens (non-EU citizens) and their family members, who buy property in Greece, the value of which exceeds €250,000. A residence permit for five (5) years is issued to a third-country citizen, if he/she has obtained a visa, if required, and legally owns, either personally or through a legal entity whose shares are wholly owned by him/her, property in Greece, or has, at minimum, a ten-year time-sharing contract or a 10-year lease of hotel accommodations.

The residence permit may be renewed for the same duration (five years), if the property remains unchanged in its legal ownership status as described above and the contracts of ownership remain in effect, and other statutory conditions detailed above are met.

The minimum value of the property and the contract price of the time-share leases and the leases for hotel accommodations or tourist furnished accommodations (houses) in tourist accommodation complexes, according to this Article, shall be two hundred fifty thousand (250,000) Euros.

The aforementioned third-country citizen (property owner) may be accompanied by the members of his/her family. Family members may be granted a personal residence permit that is renewed and/or expires concurrently with the residence permit of the sponsor (property owner).

The residence permits do not allow a right to employment of any type.

Download pdf in English:

http://www.investingreece.gov.gr/files/Pdf/residence_permits/2014/Guide_Residence_Permits_EN.pdf

Download pdf in Chinese:

http://www.investingreece.gov.gr/files/Pdf/residence_permits/2014/Residence_Permits_Guide_CH_2014.pdf

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