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. 2. 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. 1. Channel Islands Venezuela Germany € 250,000 EUR. Panama 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. Korea North considered as a legal opinion or tax advice and should not be relied upon as such. 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. Central African Republic Egypt Curacao Guadeloupe Sudan There is a transfer tax of 3% levied on the transfer of real properties, if V.A.T. Bulgaria Cambodia St Vincent & Grenadines Guam New Zealand Indonesia Korea South Permanent residents with independent financial means – ie: 24,000 euros in a Greek bank account! Burkina Faso Christmas Island Angola C) A child whose parent(s) has completed 5 continuous years of stay in Greece prior to the child's birth. Zambia FOR FAMILY MEMBERS: Hungary Greece Permanent Residency is highly sought-aſter for the wide range of Good. 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. Italy Turkmenistan We shall in no event be held liable for any loss or other damages, including but not limited to special, incidental, Wallis & Futana Is Great Britain Uruguay Lesotho Faroe Islands Kenya United Arab Emirates Greece Permanent Residency is highly sought-aſter for the wide range of benefits it offers. St Lucia Somalia Use of our websites FlagTheory.com, Incorporations.io, Residencies.io, Passports.io, is subject to our. Brazil Midway Islands Flag Theory is an internationalization and offshore solutions provider, and the creator of residencies.io. Pakistan If you wish to receive a legal opinion or tax advice Greece’s Permanent Residency law is considered to be the best program of its kind in the world. • Family Certificate from country of origin translated and certified. Albania The above described residency permit (Golden visa) can be renewed every five years … Purchasing a property worth € 250,000 gives you a PR Card for 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. Lithuania For Primary Applicant: 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. The Greek Golden Visa program garnered approval and foreign interest very quickly for two reasons: 1. 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. Tanzania Select a Country Lebanon Singapore • Permanent Residence Permit (PR) for Greece is also a Schengen Visa. 2 MONTHS. Andorra Serbia St Pierre & Miquelon Zimbabwe. Rwanda Bonaire Barbados Madagascar Republic of Serbia 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. 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. 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. Oman Vatican City State 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 Switzerland Japan Malaysia Iran Nigeria • PR for spouse and children below the age of 21 years of age. 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. Uzbekistan Once applicants have citizenship then they are free to dispose of their investment as further visa renewals are not necessary. 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. Samoa 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. 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). Turkey Bangladesh Tajikistan • Ownership will be examined every five years. life.What’s more, your family is also eligible for the PR card and you can get it within 10 days! 1. WHO IS ELIGIBLE FOR THE PERMANENT RESIDENCY (PR)? Portugal Kyrgyzstan • Marriage Certificate (original and certified translation). St Kitts-Nevis Greece, officially the Hellenic Republic, is a state in southeastern Europe, located on the southern Balkan peninsula. Denmark Marshall Islands Mongolia • PR for lifetime, provided applicant maintains ownership forever. Eritrea Iceland Nicaragua The Aegean Sea is to the east of Greece, the Ionian Sea to the west and the Mediterranean to the south. D) A child unmarried and minor whose parents have acquired Greek citizenship. 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. Zaire Malta 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. 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. Dominican Republic Mozambique Visas may be issued for property owners, students, employment, athletes, coaches, etc. Options to Acquire Residence Permit in Greece: Guyana Botswana Philippines Grenada Seychelles Australia Belarus Israel Papua New Guinea Malawi 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. • PR holders have free access to public education. Sierra Leone 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, … Mali Ghana 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. Hawaii Sao Tome & Principe Gibraltar French Polynesia 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. Finland You will need to stay in Greece for at least 183 days a year and could apply for permanent residence in 5 years. The Permanent Residency Permit grants a Non-EU national the right to permanently reside in Greece with no renewal requirements. Iraq Niue Cote D'Ivoire representations or warranties with respect to the accuracy, applicability, fitness, or completeness of the contents of However the option for citizenship is there for those committed to living in Greece. • Medical Insurance covering the costs of hospitalization and medical care from a Greek Insurance company or international one. In the case of jointly owned property, worth 250,00… We disclaim any warranties expressed or implied, merchantability, or fitness for any particular purpose. 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. Martinique Benin Turks & Caicos Is Thailand This way the child becomes the primary PR holder and the parents can maintain their PR under the provision of the law for parents. Puerto Rico • No minimum stay requirement. The Greek Permanent Residency is valid for life as long as the property remains in the name of the applicant. French Guiana India United States of America 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). Chad Tuvalu 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. Estonia Djibouti GREECE PR CARD – DOCUMENTATION A) The PR holders who have been residing in Greece for 7 consecutive years (180 days in each year). Poland Processing Time. 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. Contact the closest Greek Mission to your area of residence for requirements. St Maarten Croatia Cameroon 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. Tonga Anguilla this website. 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. Montserrat Bermuda B) A child born in Greece who is attending the A' grade of elementary school. After five years of continuous residence in Greece, the family members are eligible for permanent residence (Deltio Monimis Diamonis). • Minimum investment €250.000 (value before taxes). Azerbaijan American Samoa Enquire about the Greek PR Card Because of the need to reside in the country the Greek golden visaprogram is considered a residency investment program rather than citizenship by investment. Ecuador Note : Contrary to the EU laws, this does not apply to married gay and lesbian couples or those joined in civil … Moldova There are numerous ways to obtain Permanent Residence in Greece. Bahrain Capital gains from the sale of securities is subject to 15%. Senegal How to Obtain the Registration Certificate Mauritius Nauru Saipan Togo associated company, is not engaged in the practice of law or tax. Qatar Virgin Islands (Brit) Trinidad & Tobago HOW FAST CAN YOU RECEIVE PR? Congo Liberia Reunion Family includes spouse, children (under 21 years, but can be extended to 24), parents of the applicant and of the spouse. San Marino Afghanistan Hong Kong Costa Rica consequential, or other damages. Haiti Algeria Greece permanent residence permit program. Swaziland After five years of continuous residence in Greece, family members are eligible for permanent residence (δελτίο μόνιμης διαμονής / Deltio Monimis Diamonis). Austria 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 … Applicants who live in Greece can apply for citizenship and a passport after seven years. WHAT IS THE CARD RENEWAL PROCESS? Kiribati Ireland Luxembourg Libya 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. • Copy of the Purchase Contract (of a property worth at least € 250,000) and the registration of Title Deed from the ‘Registry of Mortgage’. on the matter(s) in this website please contact our offices and we will refer you to an appropriate legal practitioner. Once the child is 24 years old, the parents can donate the property to the child. Kuwait Russia VISA-Free Travel Within. 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. Far Horizon Capital Inc., and any Myanmar Georgia Valid for 3 generations Syria Rental income is taxed separately at progressive rates from 0% to 45%. 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. Slovenia Greece Contact us for further information. Honduras Greece is a superb base for traveling throughout Europe with its excellent flight connections to Europe and the rest of the world. Fiji Solomon Islands Falkland Islands United Kingdom Belgium View our privacy policy, Thank you very much for contacting us. Nambia Guatemala 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. Slovakia Liechtenstein (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 We will get back to you shortly to better assess your unique situation and find solutions. 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%. Macau Canada Czech Republic Spain Armenia You need to present a certificate of ownership of the property and submit biometric data once in every five years. 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%. Tokelau 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. Tunisia It is a residence-by-investment visa, issued to non-EU citizens who make a significant contribution to the Greek economy. Mexico Burundi • Three recent color photographs. Receive regular, specialized articles from FlagTheory.com on internationalization and business-driven structuring intelligence directly to your inbox. • Electronic photograph and fingerprints submitted in person to the local decentralized administration. Virgin Islands (USA) • Birth Certificates of the Children (original and certified translation), provided that children are under the age of 21 years. Chile Dividends and interests are taxed at a 15% flat rate. benefits it offers. Yemen New Caledonia St Eustatius Niger Gabon 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. Mauritania GREECE PERMANENT RESIDENCY: Methods of Investment for Permanent residence permit : - Investment in real estate by 250,000 Euros. Real Estate Investment From. 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. Equatorial Guinea Antigua & Barbuda Monaco Belize Laos It has borders with Albania, the Republic of Macedonia and Bulgaria to the north and Turkey to the east. Jordan St Barthelemy Canary Islands Guinea Cayman Islands What’s more, your family is also eligible for the PR card and you can get it within 10 days! 4. Peru Comoros Norfolk Island Greece includes a vast number of islands (approximately 1440, of which 227 are inhabited), including Crete, the Dodecanese, Cyclades and Ionian Islands, among others. Wake Island • Application (PR) form. Once granted, the Permanent Residency Permit covers the whole family: the main applicant and spouse, their parents and children under 21 years of age. Transferring Primary PR to the children: Cyprus The right to obtain Greek Citizenship is available to: • No minimum savings account needed. There is no net worth tax.The V.A.T. Brunei Kazakhstan Thank you. St Helena El Salvador 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. Owner will need to present only valid title deed, health insurance and resubmit biometric data. Romania East Timor Vietnam The Greece Golden Visa was born. Cook Islands 3. Bolivia Bosnia & Herzegovina The applicant may file for Greek citizenship after seven years of permanent residency. 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 Sweden Saudi Arabia Nepal The transitional period comes to an end on December 31. 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. China does not apply. • The investor may sell the property and transfer it to another non-EU National, who in turn will also be eligible for PR. You can … Argentina Colombia those holding the beige Registration Certificate for 5 years and those married to Greek citizens. Bhutan • Photocopy of a valid passport including the entry visa inside. Bahamas Purchasing a property worth € 250,000 gives you a PR Card for life. Ethiopia Vanuatu Cape Verde Cocos Island What you wrote is true. Pitcairn Island 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. South Africa Aruba To be a tax resident in Greece an individual must spend more than 183 days per year within the country. Residence Permit Greece: Discover how to become a permanent resident of Greece through the Greek Residency by Investment Program. 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. Netherlands (Holland, Europe) ADDITIONAL BENEFITS FOR GREECE PR CARD HOLDERS On meeting all immigration requirements, you’ll be able to apply for permanent residence in five years and citizenship in 10 years. The benefits of permanent residency in Greece for investment in real estate: French Southern Ter Dominica 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. Morocco 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. Jamaica You need to renew the Residency Card every 5 years. Cuba Once applicants get citizenship, then they are free to dispose of … GREECE PERMANENT RESIDENCY – SUMMARY OF FEATURES Netherland Antilles (b) has personally the full ownership, possession and peaceful enjoyment of real estate property in Greece. 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. Paraguay 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. Samoa American Anyone who invests a minimum of 250,000 Euros in Greek property, along with their family members are eligible. Palau Island Nevis Sri Lanka Greenland We offer expert consultation advice and assistance. 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. There’s no fine print! The contents of this website are just for illustrative purposes and are NOT to be Ukraine flagtheory.com. Republic of Montenegro Suriname Macedonia Those arising from the sale of immovable assets are currently tax-exempt.Greece has enacted controlled foreign company rules. 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. It gives you the opportunity to get Permanent Residency in Greece and freedom of movement in 26 Schengen countries. Mayotte Taiwan There is no minimum stay requirement for Permanent Residency applicants with the Greek Permanent Residency Program. Isle of Man France These foreigners can get permanent residency in Greece, provided that they are staying in Greece. Palestine Uganda Maldives HOW LONG IS THE PR VALID? Gambia British Indian Ocean Ter Latvia 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. 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