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Benefits of Permanent Residence in Greece
Benefits of Permanent Residence for Investors in Greece
- The applicant, his wife and any dependents under the age of 18 have the right to reside in Greece and enjoy its European lifestyle and opportunities
- The applicant's parents and in laws are granted also the Permanent Residence
- Dependents children can hold Permanent Residency until 21 years old and it can be renewed until the age of 24 years
- Holders of Permanent Residency can apply for citizenship at the end of the 7th year provided that within the first 5 years you are not to be away of total of not more than 10 months and not more than 6 continuous months
- Permanent residence is renewable every 5 years if the holder is still the owner of the particular property or any other of the same value. It is automatically renewed
- This residency is life valued since you hold the property
- The program does not require the applicant to live in Greece for any time
- Greek Permanent Residence is automatically granted by Schengen Visa
- Free education at public schools
- Significant investment opportunities
- Freehold property, you own your property
- Low property taxes
- Receiving a sustainable rental income for renting the property
- You can buy several new or second hand properties with a total value of €250.000 or more
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