Residence permit in Greece

Residence permit in Greece is an official file issued by the competent specialists of the nation, which permits its holder to legitimately remain in Greece for a long time. The method for issuing this file and the conditions for getting it are controlled by the "Movement and Social Integration Code".

The Greek bureau is attempting to draw in speculators and well off people for the reason of supporting the economy and invigorating its advancement. This can be done in different ways, counting through activities such as procuring a residence permit for speculation.

The bureau advances the fascination of business people, fiscal specialists and profoundly qualified masters to the nation, counting by progressing framework, rendering an apt commerce ambience and transforming movement enactment. Such programs as procuring a residence permit in Greece give certain focal points to nonnatives, counting opportunities of advancement in the Schengen zone, as well as the plausibility of procuring changeless home and citizenship in the future.

Greece is a popular EU country for business immigration

Greece is found in the south of the Balkan Landmass. In later eons, it has ended up a prevalent route for commerce migration to Europe. There are a few reasons why it draws in businessmen from all over the world.

First, Greece possesses a key area in the center of Europe, which gives simple access to the mercantiles of the European Union. Greece is found at the intersection of Europe, Asia and Africa and offers broad openings for intracontinental connections.

Secondly, Greece has an apt venture ambience, and offers charge motivating forces for speculators. The nation is characterized by a creating economy, whereas a few divisions give critical potential for venture return (tourism, genuine bequest, renewable vitality sources). A potential business visionary can enlist exceedingly taught, prepared and qualified personnel.

Thirdly, Greece has generally moo costs for beginning and keeping up a commerce, which makes it alluring for companies that need to optimize costs. The bureau offers different migration programs through which you can get a residence permit in Greece in trade for certain speculations in the Greek economy.

Types of residence permit in Greece

Several categories of temporary residence are regulated by statute:

• Working/professional. This category incorporates representatives, profoundly qualified pros, and personal business visionaries. Also, agreeing to this plot, a residence permit can be issued for staff of universal organizations who are incidentally exchanged to branches or backups of these organizations found in Greece, and for people who hold key administration positions and are capable of the vital improvement of branches or the usage of expansive ventures in Greece.
• For fiscally autonomous people. It is allowed to people who illustrate their monetary freedom, that is, they can get a residence permit in Greece if they prove that they have adequate stores for their possessions. In order to amplify the status, one ought to not travel overseas for more than six months inside a 12-month duration.
• Greek speculation visa. This category incorporates fiscal specialists in trade or realty taking an interest in the Golden Visa program.

Issuance of a residence permit in Greece based on labor activity

This category of residence permit covers a wide run of proficient exercises and is expected for different sorts of business. Masters with tall capabilities and experience in their field can get a Greek residence permit given they have a business deal with a Greek company advertising competitive working conditions.

When exchanging to neighborhood branches of universal organizations, workers may be issued brief home grants. To demonstrate the premise, it is fundamental to display a labor deal with a sign of compensation surpassing the lowest level.

During the to begin with year of home, the holder of a residence permit in Greece has the right to alter managers. In any case, it is vital to work in the forte indicated in the residence permit files. After a year has passed, the visa holder can apply to alter the field of movement. The visa is substantial for 2 a long time with the right to amplify it for another 36 months.

Golden visa of Greece

Greece Golden Visa or speculator visa, propelled in 2013, permits its holder to lawfully dwell, work, conduct trade in Greece and move around the Schengen range. This program is recognized as one of the most fruitful speculation movement programs in Europe. In spite of the fact that comparative programs are advertised by different European nations, for example, Spain, Portugal, Latvia or Malta, the conditions there are stricter.

Advantages of the Golden Visa of Greece:

Holding a Greek residence permit gives people the capacity to travel openly inside the Schengen zone for up to 90 days in any 180-day duration, without requiring extra visas. Be that as it may, this benefit does not amplify long-term remains or business in other Schengen nations, where particular visas or licenses may be vital in agreement with neighborhood directions. Moreover, this residence permit opens entryways for fiscal specialists to take part in Greece’s genuine bequest advertisement, which offers alluring openings for money related advancement. Compared to other EU countries, Greece keeps up profoundly competitive property costs, especially in coastal and provincial ranges, and the showcase has appeared unfaltering advancement as of 2023. Another noteworthy advantage is the nonappearance of a needed least to remain, warranting holders to hold their status without the commitment to dwell in Greece for a particular length. As long as the introductory speculation is kept up, the allow remains substantial uncertainty. The Greek Golden Visa requisition handle is too outstandingly quick, regularly taking between a few months to six months, rendering it one of the speediest courses to residency in Europe. Whereas the way to Greek citizenship requires tolerance and commitment, people may end up qualified for naturalization after dwelling in the nation for seven long eons. Moreover, Greece is renowned for its reasonable taking a toll of living when compared to numerous Western European countries, with lower costs for lodging, nourishment, transportation, and administrations, rendering it an engaging preference for both speculators and ostracizes.

What requirements ought to be fulfilled to obtain a residence permit for speculation in Greece?

To apply for a residence visa in Greece, foreign applicants can choose from several speculation routes.

The legitimacy duration of a residence permit in Greece for corporate officials is 2 a long time (we reestablish it for a comparable duration if the status of the candidate (shareholder, chief, etc.) has not changed). The legitimacy duration of a residence permit in Greece for realty proprietors is 5 a long time with the right to amplify it for the same duration if the genuine bequest remains in the ownership of the unique owner.

As one of the biggest visitor goals, Greece yearly pulls in millions of travelers. This is an opportunity for realty speculators who can lease out their objects to sightseers and get critical pay, particularly in the tallness of the traveler season. The normal net rental surrender in Greece is 4.82% (2024, Q1).

It is anticipated that in 2024, Greece will connect the positions of such nations as Portugal, Spain and France, situating itself as one of the driving European realty mercantiles for remote speculators. Master reports state that the Greek genuine bequest advert will develop in 2024 much obliged to later ventures in coordinations in a few locales of the country.

For affluent speculators who wish to get a residence permit in Greece for speculation in the realty, the locales and cities depicted underneath are of most prominent interest.

• The central premises (Plaka, Kolonaki, Monastiraki) are the chronicled center, social and commerce districts.
• The northern and southern rural premises (Glyfada, Vula, Vouliagmeni) are prestigious premises with high-class foundation and nearness to the sea.

The biggest city in Greece with a dynamic trade and social life. Central and coastal ranges are prevalent. Realty here is generally cheaper than in Athens, but with tall advancement potential.

• Mykonos is renowned for its lavish resorts and high-class infrastructure.
• Crete is a huge island with an assortment of genuine bequest options.

By the way, procuring a residence permit in Greece through a venture in a realty on the island of Crete can be one of the most beneficial arrangements. This locale pulls in fiscal specialists not as it were with its interesting common magnificence, but too with its steady fiscal potential. On the island, realty costs are tall, but there is too tall rental pay in the season.

Investors are too appearing intrigued in the Peloponnese and, in specific, Kalamate, a creating locale with a wealthy preference of venture openings, and Halkidiki, a locale with lovely shorelines and resorts, well renowned among sightseers and speculators.

The procedure for obtaining a residence permit in Greece

Below are the general steps that ought to be taken when applying for a residence permit in Greece:

• Meeting with specialized pros who will clarify the speculation criteria and offer assistance you select a venture course that fulfills your needs.
• Collection of vital archives, on the premise of which a national visa sort D (substantial for a year) will be issued.

* Interpretation and notarization are needed for all archives and extricates composed in dialects other than Greek or English.

• After procuring a D visa, the keen individual ought to visit the Movement Benefit to yield biometric data.
• Application for a residence permit in Greece.

As we have as of now specified over, procuring a residence permit in Greece endures on normal from 3 to 5 months.

Any questions?

Contact our specialists

Send your application

Company registration in Greece to obtain a residence permit

Worldwide businessmen and speculators consider elective citizenship as a vital device for different purposes, counting universal assess arranging. The creation of a company in Greece with the plausibility of procuring a residence permit and, in the future, citizenship of this nation, gives openings for universal extension and optimization of charge obligations.

Opening a trade in Greece can give a number of focal points that can ended up victory factors:

• Convenient location.
• Greece has a key topographical position, advertising to fast-growing and creating territorial mercantiles, more than 140 million consumers.
• High-quality coordination infrastructure.
• Substantial speculations in the framework give viable transport joins and coordinations, which can essentially encourage commerce processes.
• Membership in the European Union (EU).
• Thanks to EU participation, companies listed in Greece can appreciate the focal points of the European inside showcase, counting the free advancement of products and services.
• The creating managing an account sector.
• The advancement of the keeping money segment gives companies a more extensive extension of monetary administrations and budgetary administration tools.
• Low labor cost.
• The moderately moo fetched of labor is an alluring figure for business visionaries, which decreases working costs.
• Government support.
• The bureau gives different shapes of trade back, such as awards, intrigued endowments, and charge breaks.

In expansion to the over, concurring to an appraisal distributed in The fiscal analyst magazine, Greece was recognized as the most productive economy in 2023. It is anticipated that in 2024, ventures in the nation will develop by roughly 15.1%, which is more than twice as much as in the past year.

To get a residence permit through the enrollment of a Greek company, you will require to contribute a capital of 400 thousand. euro. To enlist a company in Greece, the taking after steps ought to be taken:

• Selected legitimate frame. The primary shapes of legitimate substances are depicted below.
• The establishing files are arranged (they ought to be drawn up in Greek and certified by a notary).
• A requisition for enlistment with the Service of Economy of Greece has been submitted. The requisition ought to be followed by establishing archives, archives demonstrating speculation, archives affirming the character of the authors and directors.
• After the enlistment of the Greek company, a requisition for a residence permit in Greece is submitted to the Movement Benefit. A few fundamental shapes of lawful substances are advertised to foreigners.
• To make a little commerce in Greece, business people most regularly select the shape of a limited liability company (EPE). At least 1 author can enroll in an LLC in Greece, whereas a chief ought to be named in the structure (can be an inhabitant of any country).

Creating an EPE requires an introductory capital of 4,500 euros, and half of the indicated sum ought to be paid upon enlistment. EPE ought to delegate an outside evaluator if two conditions are fulfilled:

• the yearly turnover of the company is more than 5 million euros;
• total resources of the firm over 2.5 million euros;
• the normal yearly number of representatives of the company rises to or surpasses 50 people.

Foreign fiscal specialists looking to oversee huge ventures can make a joint stock company in Greece (AE). A least of 1 shareholder and the arrangement of 3 chiefs are needed (can be citizens of any nation, without residency necessities). The authorized capital of AE ought to be at least 60 thousand. euro, ought to be kept on the account (in full) inside 2 months after enrollment. Concurring to the statute, the arrangement of an outside inspector is fundamental for AE.

Another shape of legitimate substance is an association, the structure of which ought to incorporate at least two accomplices, both with boundless obligation. The primary advantage of such a commerce structure is the nonattendance of at least capital necessity. If there is a comparing arrangement in the Articles of Affiliation, the accomplices have the opportunity to decide who will oversee the company and concur on the strategy of partitioning misfortunes and rewards. In the nonappearance of such an understanding, all accomplices are allotted break even with obligation for administration and similarly share rewards and losses.

A limited liability company can be established by at least two accomplices (with diverse levels of duty), and the starting capital is not needed. At least one of the accomplices ought to have the status of an inactive accomplice, which ensures that his obligation is restricted to the sum of his commitment. The noiseless accomplice in such an organization is denied administrative capacities. The common accomplice is completely capable of the administration and obligations of the company.

As for the industries/sectors in which business people and fiscal specialists from overseas who arrange to open a company in Greece or contribute in ventures in this nation see the most openings, we can highlight tourism, realty, vitality, the rural industry, as well as innovation, mass media and broadcast communications. Greece possesses one of the driving places in Europe in terms of evaluations due to its charge and lawful ambience, which makes comfortable conditions for both coordinate and venture fiscal specialists, supervisors and companies wishing to contribute.

6 cheapest golden visas in Europe in 2024

Inside the system of numerous European Golden Visa programs, it is conceivable to get a residence permit in EU nations by rendering expansive ventures in the economy. Such state activities contribute to fiscal advancement. Golden visa programs in Europe provide the right not as it were to get inhabitant status in the chosen state, but moreover to utilize different points of interest related to home, business, commerce, assess planning.

Information around the most budget European brilliant visas is displayed underneath.

In 2024, it was declared that the Hungarian Golden Visa program would be propelled beneath the title "residence permit for Visitor Financial specialists". One of the cheapest speculation courses inside the system of this plot is the buy of realty worth from € 500 thousand. It is moreover conceivable to contribute in speculation reserves (from € 250 thousand). Obligatory conditions for home to keep up the status are not displayed. After 8 a long time, you can apply for citizenship of this nation.

Greek visa Digital Nomad

Greece is one of a number of European nations that presented a modern advanced visa for ventures. This is an uncommon visa expected for individuals who need to briefly dwell and work in Greece.

The computerized migrant visa to Greece, propelled for the to begin with time in 2021, is substantial for 1 year. In any case, there is a plausibility to amplify it for another hour. In expansion to warranting lawful inaccessible work in Greece, the Greek Advanced Venture visa moreover gives a few other alluring advantages:

• 50% wage charge rebate if the candidate remains in Greece for at least 2 years.
• Visa-free to 27 Schengen nations (in spite of the fact that the visa holder ought to spend at least 6 months in Greece from the add up to legitimacy duration of the visa).

To apply for an advanced venture visa in Greece, the candidate ought to fulfil the taking after qualification criteria:

• Be a citizen of a state outside the EU.
• Has a wage of 3,500 euros per month.
• He will affirm that he works remotely and does not work for a Greek boss or client.
• Will give an extricate on the nonattendance of a malefactor file.

What are the tax rates in Greece?

Refusal to issue a temporary residence visa

A refusal to issue a brief residence permit in Greece to a remote inhabitant can be gotten for the taking after reasons:

• Incomplete/unreliable arrangement of archives or information.
• Unsatisfactory corroboration of monetary standing or the plausibility of self-support in the nation of residence.
• Non-compliance with the objectives expressed in the requisition for procuring a residence permit in Greece.
• Violations of migration enactment, past refusals to get a visa or home permit.
• Absence of the essential therapeutic reports and an extricate of the nonappearance of a malefactor file.

Business experts with proficient specialization are mindful of the current prerequisites for procuring a Greek residence permit, changeless home and citizenship, appropriately they give comprehensive help in the handling of legalization overseas.

Conclusion

Greece is one of the well renowned resettlement goals for outside inhabitants. This is due to a number of appealing components, counting an apt ambience for beginning and creating a commerce and programs through which it is conceivable to get home in Greece through ventures in genuine bequest, trade, and other shapes of fiscal activity.

In expansion, Greece is a part state of the European Union. This implies that the common edicts and statutes of the EU for private people and companies are connected to its domain. It is moreover worth noticing that Greece takes part in the program of the Schengen Understanding, which disentangles the preparation of moving between part countries.

If you are keen in procuring a residence permit in Greece for speculation, it would be ideal if you contact our company's profile pros straightforwardly. Bolster in procuring a residence permit in Greece from qualified specialists will offer assistance to dodge legitimate botches on the way to a lawful remain in the nation.