Key Update in Greek Immigration Law: Streamlining Residence Permits for Investors

Greece has recently introduced significant changes to its immigration law, specifically focusing on the "Golden Visa" program. This update aims to make the process of obtaining residence permits for investors smoother and more efficient, aligning with the country’s efforts to attract international talent and capital.

What’s New in the Golden Visa Program?

The key change in the Greek immigration law concerns the simplification and acceleration of the Golden Visa process, particularly for foreign investors and entrepreneurs. Previously, the application process could be lengthy and complex, but recent reforms have streamlined procedures, allowing for faster processing times and reduced administrative hurdles.

Under the updated law, applicants who invest in real estate, start a business, or make significant financial contributions to Greece can now obtain a residence permit with fewer requirements and less documentation. In addition, the minimum investment threshold for property purchases has been lowered in certain areas, making it more accessible to a wider range of investors.

Why This Matters for Investors

This change is a significant development for those looking to invest in Greece. The revised Golden Visa program not only provides a pathway to Greek residency but also allows for easier access to the entire Schengen Area, granting investors and their families the ability to live, work, and travel freely across Europe.

Additionally, the reduction in bureaucracy and faster processing times means that investors can now focus on their business or property ventures without getting bogged down in paperwork and delays.

How We Can Help

At FS Legal Services, we specialize in guiding international investors through the Greek immigration process. Our team can help you navigate the updated Golden Visa regulations, ensuring that your application is handled smoothly and efficiently. Whether you are interested in real estate or other forms of investment, we are here to provide expert legal advice and assistance.

Get in Touch

If you’re considering applying for a Golden Visa or need help with any aspect of the process, don’t hesitate to contact us. Our experienced team is ready to assist you with all your legal needs in Greece.

For more information or to schedule a consultation. We look forward to assisting you!