Greece

�Popular Holiday Destination

�Member of European Union since 1981

�European standard of living

�Highly qualified and multilingual work force

�Excellent Education and Medical Services

�Advanced Telecommunication

network and infrastructure

�Double Tax treaty with China

�2000 Islands to visit (165 inhabited!)

�Medium and Long term Investment

opportunities

�Hospitality (XENIA) coming from the

ancient years

�Economic hub of South-East Europe

�Efficient legal, banking and

accounting systems

Athens, Greece

Residence permits in Greece

A residence permit is a piece of documentation issued by

the Greek authorities, where a ‘third country citizen’ (non

EU resident) is given the right to live legally within Greek

territory, in accordance with the provisions of the European

Union.

The residence permits are issued for a 5 year term. These

permits are renewable every 5 years (subject to continuing

to meet the qualifying criteria).

Residence permits for real estate owners and who they

apply to:

�A residence permit for real estate owners is a new type

of residence permit, for non EU citizens.

Beneficiaries of the right of entry and residence, for a

period of five years, include:

�Third country citizens (non EU residents) who own real

estate property in Greece, either personally or through a

legal entity of which they own all the company shares,

provided the minimum value of the property is

¤250.000.

Golden Visa - Schengen Region

This residence permit will allow you to live and travel freely

within the EU (European Union Schengen area countries), and

is valid for five years. It is renewable every five years for all

family members, including dependent children up the age of 21.

Any citizen who holds a long-term visa (such as the

residence permits for real estate owners) are able to travel

to other member states for up to 3 months at a time.

EU States that belong to the Schengen Area:

Austria, Belgium, Czech Republic, Denmark, Estonia,

France, Finland, Hungary, Italy, Germany, Greece, Latvia,

Lithuania, Luxembourg, Malta, Netherlands, Poland,

Portugal, Spain, Slovakia, Slovenia, Sweden

Premium Inspection Service

We are delighted to offer an exclusive Premium ‘Introduction

to Athens’ Inspection Service for any person(s) wishing

to investigate purchasing a property in Greece with the

primary objective of obtaining a “Residence Visa” within the

European Union.

Our Premium Inspection Service includes:

�Arrangement of the initial invitational entry Visa to Greece

�Meet and Greet Service (at Athens International Airport)

�Private Chauffeur & City Guide (and Translator, if required)

�Private & Confidential Property Consultation at our

Athens offices

�Personal showcase of available properties for

consideration

Additional Services (if required) include:

� Introduction to a property lawyer firm

�Full Furniture Solutions service

� Introduction to property Lettings and Management

companies

�Assistance with opening an account at a local bank

�Arranging of a private medical examination (which forms

part of the visa application process)

The Properties

“We have a property to suit

everybody’s requirements”

We are the Market leaders for

Athens real estate and are therefore

delighted to offer our prospective

purchasers a wide range of real

estate throughout Athens.

Each of our inspection visitors will

discuss their specific

requirements/wishlist for property

with our knowledgeable staff in

Athens. The prospective purchasers

will then be shown a number of

properties that best fit their

requirements.

All of our Properties qualify the

purchasers for the residency visa in

Greece and are also:

�Available at below current market

valuations

�Finished to a very high standard

�Fully completed and ready for

new ownership

� 100% legally built and as such

property deeds are available for

new buyers

�All located in well established

areas of Athens

Frequently Asked Questions

Is it necessary to hire a lawyer to collect the

documentation?

There is no legal requirement to collect and process the

documents through a lawyer. However, we would strongly advise

that every applicant uses a legal representative or proxy who is

in Greece, to facilitate the process.

We have sourced a reputable law firm in Athens that will be able

to provide this service.

Can I travel to other countries within the EU with the

residence permit for owners of real estate? Are there any

conditions related to this?

Yes. The residence permit and long-term visas are valid, as far as

the free movement of the person in the Schengen area is

concerned. Any citizen who holds a long-term visa (such as the

residence permits for real estate owners) which has been issued

by a member state and are valid for one year, are able to travel

to other member states for up to 3 months within a six month

period. These are the same conditions which apply to the holder

of a residence permit, while they are also granted a right for

multiple entries.

Can the residence permit be considered as a work permit?

Can my spouse, the legal representative of my company,

my children, or myself, work in Greece?

In no case does the residence permit provide access to any type

of employment. Employment, according to paragraph 3, article

36A, of Law 3386/2005. It does not however include the

exercise of economic activity as a shareholder or a Chief

Executive Officer. The family members that have been issued a

residence permit for the same duration as the sponsor are

similarly not granted access to the employment market.

Can I obtain more than one piece of property, the individual

value of which is less than ¤250.000, if the combined value

is equal or greater than ¤ 250.000?

You are entitled to residency rights irrespective of whether you

own one or more properties, provided that their combined valueis equal to or greater than ¤250.000.

Can I travel in Schengen countries directly, after my

residence permit has been issued, from my country, or do I

need to first come to Greece?

You can travel to any Schengen country you wish to eitherdirectly or non directly

What happens in the cases where someone tarnishes their

criminal record, either in their country of origin or in

Greece, during the period of when their residence permit is

valid?

This leads to the revocation of the residence permit.

Does the residence permit continue to be valid if the real

estate property is transferred?

In cases when the real estate (property) is transferred, before

the end of the five year term, the third country citizen loses the

right to residence.

Insight Investments Ltd

Trident Court, 1 Oakcroft Road, Chessington, Surrey, KT9 1BD

England

E-mail: info@insightinvest.co.uk

www.insightinvestments.eu

Ethnikis Antistaseos 14

Chalandri, Athens, 15232

Greece

E-mail: info@insightinvest.co.uk

www.insightinvestments.eu

Invest Abroad Ltd Trident Court, 1 Oakcroft Road, Chessington, Surrey, KT9 1BD

England

Tel. 0044 2030 442 985

E-mail: info@invest-abroad.com

www.invest-abroad.com

All information contained within this brochure is correct at time of going to print but its accuracy cannot be guaranteed and none of the information forms part of any contract.