While data collection on Residence by Investment programs are limited, it is estimated that EU member states have garnered around 25 billion Euros in foreign direct investment and granted close to 100,000 residence permits in the last decade . Greece Residency By Investment – When it comes to Residency by Investment programs, Greece also holds another record as having the cheapest residency by investment rate in Europe. Nulima offers consultancy for Greece and Cyprus citizenship. Citizenship or residency are available to qualified investors who contribute to the economy through an investment in government-approved assets or economic development initiatives. Greece Golden Visa Program gives a 5-year permanent residence permit for a minimum of 250.000 Euro real estate investment. The eight investment options for the permanent residence permit of Greece through the Golden Visa program. Applicants can secure permanent residency in Greece through investment in real estate. You will need to stay in Greece for at least 183 days a year and could apply for permanent residence in 5 years. The property, which can be located anywhere on the Greek mainland or the islands, can be either residential or commercial. The condition for sufficient income must exist for each member of the family. The applicant may file for Greek citizenship after seven years of permanent residency. The resident status can be permanent and temporary. Greece temporary residency permit can be obtained for a period of 2 years and can be extended there after provided the holder of the residency still has a permanent income. Investment in home/apartment / real estate in Cyprus minimum €250,000 for ownership of a lifetime. Contact us for program details. Greece Citizenship by Investment Notes . After 7 years you can apply for a Greek passport and obtain EU citizenship. The applicant obtains a special visa from the competent Greek embassy/consulate in the country of origin. It requires a minimum investment of just €250,000 to gain the Greece PR. But to be eligible for citizenship, rather than just permanent residence, you do need to spend 7 years physically in Greece, living there, for at least half, of the year, so 183 days. Residence Permit Greece: Discover how to become a permanent resident of Greece through the Greek Residency by Investment Program. There are several residency by investment programmes in Europe that grant residency, often through real estate investment but without the requirement to reside. The program is aimed at high net worth individuals who wish to obtain permanent residence, with the possibility of citizenship. The Greek … Application includes an initial discussion and a 3 to 4-day visit to Greece to check on the properties, meet the lawyers, and to open a bank account in the country. Most residency-based investment programs center on investment in the form of investment in real estate, such as purchasing residential properties. To get a Citizenship by Investment in Cyprus, you must make an investment of €2 million. Greek Citizenship via Real Estate Investment … While Cyprus’ investment citizenship program has been suspended, its residency by investment program, or “Golden Visa”, remains intact. Greece offers Residency by investment options to individuals who wish to purchase real estate or perform a strategic investment in the economy. The Golden Visa allows you to obtain absolute ownership of your property and get your own title deed. Colombia offers one of the most affordable investment for residency programs on the planet. Above all, The program entails investing in Real Estate and some other forms of investment. Freedom to travel or live visa – free in Europe: Individual and his/her family will have the right to not only live year-round in Greece, but also stay without any time limitations in the Schengen area. Greece Golden Visa investors can obtain their permanent residence permit in 1-2 months. 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