European Investor Visas

There are many benefits from applying for an Investor visa to Europe.

As Nicholas is Australian of Greek background he is best placed to assist you with a permanent investor visa to Europe after you make an investment in Greece.

You may invest in Greece and obtain permanent residence of the European Union and thereafter, citizenship of Greece.

We can process the visa to Greece which is the best entry to Europe it’s the most cost effective way. We have partners in Sydney, Australia and Athens, Greece. We have engaged lawyers and real estate agents in Greece to assist with your application.

An investment in a Greek property or land or business of 250,000 Euro (plus a payment of 50,000 Euro in property taxes) provides you with permanent residence in Greece immediately. You may purchase a business or establish a new business or property on any island or mainland of Greece. You may rent out the property.

The tax on rent is about 5% or you can live in it and resell it after 7 years when you gain citizenship. You do not get a work permit with the visa. You must apply separately. As Greece is a member of the European Union, you will be an EU resident. Greece is part of the Schengen zone of Europe allowing you to move freely.

Your spouse, your minor and dependent children up to 21. In addition your and your spouse’s parents can also be included. You may get your permanent residence permit within two months. You are not required to live in Greece prior or during the application, or even after residency has been granted. You are not required to know Greek to obtain citizenship.

If you purchase a business in Greece instead of land or a house the value of the business must be worth 300,000 Euro, including taxes. There is a statutory list of businesses you will be allowed to purchase to be eligible for the investor visa. These include the fields of Tourism, energy, logistics, agriculture, real estate, life sciences and culture.

Government, notary and lawyer fees for the property purchase and visa application in Greece will amount to around 15,000 Euro. In addition there is VAT or tax of 24% to pay in Greece on new property purchases. For example, if you purchase a property for the minimum required under the Golden visa rules of 250,000 Euro the tax payable at 24% will be approximately 50,000 Euro.

You will also be required to pay tax on the rental income from the property in Greece at rates from 11% to 33%. Certain expenses are deductible from the gross income. If you sell the property you will need to pay Capital gains tax of 15% on the sale price.

If you obtain a work visa and work the income tax starts at a rate of 22%.

For further information on the Golden Investor visa please see the following link:

https://www.thenationalherald.com/165632/greece-sold-foreigners-1684-golden-visas-residency-citizenship/

https://corpocrat.com/2017/06/11/golden-visa-greece-investment-reaches-e1-billion/

Contact us today on 021-22098793 for help preparing your visa to Europe to limit your chances of a refusal.