RESIDENCE PERMIT FOR INVESTMENT ACTIVITY OF 250.000

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According to Number 53969/2014 Ministerial Decision (G.G. 2928/30-10-2014), the entrance and residence in Greece are allowed for investors following an investment of minimum height estimated at 250.000 euro for each. The entrance and residence are allowed to a maximum number of ten third-country citizens (executives), which is determined according to the height of the investment.

More specifically, the correlation between investment height and executives is as follows;

300.0000 – 0
300.001-1.000.000 – 1
1.000.001-3.000.000 – 2
3.000.001-5.000.000 – 3
5.000.001-10.000.000 – 4
10.000.001-15.000.000 – 5
15.000.001-20.000.000 – 6
20.000.001-25.000.000 – 7
25.000.001-30.000.000 – 8
30.000.001-40.000.000 – 9
Above 40.000.000 – 10

In order to characterize and define the investment, an application to the consular authority is necessary, which shall include: a) brief study relevant to the presentation of the investment plan, b) details of the third country citizens (investors, executives) for whom the entrance and residence permit is requested and c) validation regarding the capacity of the investment carrier for the coverage of the investment’s capitals.

It is noted that the applicant majors may include employees and technical staff, executives, or other individuals, the capacity of whom as well as the scope which they shall undertake in relation to the investment shall be mentioned within the application.