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Greek Golden Visa Program

Greek Golden Visa Program

The Greek Residency Program offers several benefits that may make it an attractive option for those seeking a Golden Visa compared to other countries like Spain and Portugal.

Some of these benefits include:

Low Investment Requirements

The Greek Golden Visa program offers an affordable investment opportunity with its low investment requirements. The minimum investment required is €250,000, which is lower compared to similar programs in other countries. This makes the Greek Golden Visa program a cost-effective option for obtaining residency in Europe.

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Affordable Property

One of the significant benefits of the Greek Golden Visa program is the affordability of properties in Greece compared to other countries in Europe. Greece offers relatively lower prices per square meter, making it an attractive option for investors seeking to purchase real estate for residency purposes.

According to Numbeo (as of 01/02/2023), the average cost per square meter to buy an apartment in Athens, the city center, is €2,533.07. In comparison, the average cost for Madrid is €5,394.15, and €5,512.39 for Lisbon. This significant price difference highlights the affordability of properties in Greece, making it a cost-effective option for investors looking to invest in real estate for obtaining residency in Europe.

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Fast Processing Times

The Greek Golden Visa program offers a significant advantage in terms of processing times, with applications typically processed in a relatively short period of time compared to other countries. This fast processing time makes it an attractive option for investors seeking to obtain residency in Greece through the real estate investment route.

The processing times for the Greek Golden Visa program are typically within 2-3 months, which is considerably shorter compared to other countries where the process can take up to 6 months or even longer. This expedited processing time allows investors to obtain their residency in Greece relatively quickly, making it a time-efficient option for those seeking to establish residency in Europe.

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Stable Political and Economic Environment

The stability of the political and economic environment is a key factor that makes the Greek Golden Visa program an attractive option for investors seeking residency in Greece. Greece boasts a stable political climate, providing a secure and reliable environment for investment and business opportunities.

Greece's economy has been growing in recent years, and the country is considered an emerging market with significant potential for investment and business opportunities. This economic stability creates a favorable environment for investors looking to establish residency through the Greek Golden Visa program, as it offers a solid foundation for long-term investment and growth.

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Taxation Benefits

The Greek Golden Visa program offers attractive taxation benefits that make it a favorable option for investors seeking residency in Greece. These benefits can provide significant advantages for individuals looking to manage their international income and optimize their tax planning.

Depending on your country of residence and the amount of time you spend in Greece, it is likely that your international income may not be subject to taxation in Greece. This can result in potential tax savings and a more favorable tax environment for investors who choose to establish residency in Greece through the Golden Visa program.

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