The end of December 2020 saw the Greek government make a bold change to the country’s Golden Visa law. From January 2021, the change was officially approved, granting foreign nationals the chance to now apply for the residency by investment program, commonly known as Greece Golden Visa, completely remotely.
There has never been a better time to take advantage of the fantastic benefits offered by this Residency by Investment option. With the global pandemic changing the way we live our daily lives, contactless application processes are fast becoming the new and safer norm. If you have been waiting for the perfect opportunity to apply to the Greece Golden Visa program, then this is the time to do it.
What Changes Are Being Made?
As per the previous application requirements, applicants were required to be physically present in Greece before being eligible to apply for residency. Under the new law, investors and their dependents no longer have to visit Greece at all and can instead sign a Power of Attorney (PoA) with a local law firm in the country, who can then submit the Golden Visa application on the investor’s behalf, as well as complete the qualifying investment.
The remote application process can be completed at a local Greek Consulate in the investor’s city. Although the option of PoA was always available to investors, the new changes now mean that the main applicant to the program and their dependents will not need to enter Greece before or during the application process and can receive their “blue certificate” – i.e., their temporary residence card – by courier or in the mail.
Why Apply for a Greece Golden Visa?
- Freedom of movement: As a permanent resident of Greece, investors can travel freely in the Schengen Area.
- Access to better opportunities: Greek residents are also considered residents of the EU, and as such, have access to world-class healthcare systems, quality education prospects and lucrative business and investment opportunities.
- Ultimate back-up plan: Holding residency in Greece is a great Plan B to put your mind at ease in times of economic or political instability in your home country.
- Minimal residency requirements: Besides visiting Greece to provide biometric data, the country does not have any stay requirements.
- Top location: Greece is safe, perfectly located and has a beautiful natural environment with a sunny Mediterranean climate.
- Simple application process: The government of Greece does not require applicants to pass an interview or language test and no work or education experience is required to be eligible for this program.
Learn More About the Changes Being Made
Savory & Partners – a leading Citizenship and Residency by Investment firm in the MENA region – hosted a live webinar to discuss the changes being made to the Greece Golden Visa program. Guests to the webinar were made aware of the details and impact of these changes through key insights and informed outlooks provided by experienced speakers who are experts in immigration and real estate, as well as a forecast of what this change means for those seeking residency in Greece.
The lead speaker, Omar Takidin is Savory & Partners Citizenship Program Director and an expert in the fields of immigration and real estate. Taher Shehab, Country Manager at Savory & Partners, will be joining Takidin in updating viewers on the changes being made to the Greece Golden Visa program. The webinar ends with a Q&A where all queries will be addressed in both English and Arabic.
The live webinar was recorded and the entire discussion can be viewed on YouTube:
What’s On The Agenda?
This webinar on residency and citizenship in Greece aims to help potential and current investors understand the upcoming changes being made, as well as to answer all questions on the topic and discuss the best path forward for those seeking to apply to the Golden Visa Program. In addition, the benefits that come along with investing in Greece will also be covered by the panel.
Book a Free Consultation
We are aware that these changes might cause confusion in potential investors and cause them to be hesitant in making decisions. When applying to any Residency by Investment program, please be sure to render the services of a government authorized agent and advisor like Savory & Partners. The internet is rife with fraudulent companies offering scams that promise citizenship or residency within an implausible timeframe and at an impossibly low price. If it’s too good to be true, then it probably is.
Savory & Partners is a government-approved agency that specializes in high-net-worth individuals applying to any Citizenship or Residency by Investment program. The Savory & Partners team is made up of a diverse group of industry experts who span over 15 nationalities, speak over 25 languages collectively, and come with decades of CBI and RBI industry experience.
Our level of expertise combined with our commitment to serving our clients with the highest level of professionalism and transparency has led us to aid over 1,100 families obtain a second passport with a 100% success rate. There is no-one better positioned and more trustworthy than Savory & Partners when seeking the best results on your quest to secure a better future for yourself and your family.
If you are considering applying to the Greece Golden Visa Program before these changes are implemented or would like to know more about the situation, do not hesitate to contact us for a free online consultation.
We are available on every channel convenient for you.