A golden visa is a program that offers residency and citizenship to foreign investors in exchange for qualifying investments. In Greece, the golden visa program has been very successful since its inception in 2013. The program offers many benefits that make it attractive to investors worldwide. In this article, we will discuss the benefits of obtaining a Greek golden visa.
Access to European Union
The Greek golden visa offers investors the opportunity to become a resident of a European Union (EU) member state. Once an investor obtains a golden visa, they can travel to any EU country without requiring a visa. Furthermore, the investor can work, study, or live in any other EU country without any restrictions. This is a huge benefit, especially for investors who want to expand their business activities to other EU countries.
Business Opportunities
Greece is an excellent location for investors who are looking to expand their businesses in Europe. The country offers many opportunities for foreign investors, including a strong infrastructure, a highly skilled workforce, and a favorable business climate. Golden visa holders have access to all these advantages, making it easier for them to establish and operate their businesses in Greece.
Excellent Quality of Life
One of the benefits of obtaining a Greek golden visa is the high quality of life that the country offers. Greece has a beautiful natural landscape, a rich history, and a diverse culture. Moreover, it has a pleasant Mediterranean climate that attracts millions of tourists every year. With a Greek golden visa, investors can enjoy all of these benefits and have the opportunity to experience a relaxed and healthy lifestyle. Golden visa holders can also take advantage of Greece’s excellent healthcare system and education system.
Low Cost of Living
Greece has a relatively low cost of living compared to other European countries. The cost of living in Greece can be up to 50% lower than in other European cities. Thus, golden visa holders can enjoy a high standard of living in Greece without breaking the bank. Moreover, the investment requirements for the golden visa program are relatively low compared to other EU countries, making it an affordable option for investors.
Real Estate Investment
The Greek golden visa program requires investors to invest in real estate. This investment can be in the form of residential property, commercial property, or a combination of both. Investors can purchase one or more properties with a total value of at least €250,000. The value of the investment can be used as collateral and allows investors to obtain a loan from Greek banks for up to 50% of the investment amount. Real estate investments are considered a safe investment and provide a stable source of rental income. To ensure a thorough understanding of the topic, we recommend this external resource that offers additional and relevant information. Greece golden Visa, delve deeper into the subject and discover new perspectives!
Conclusion
The Greek golden visa program offers many benefits to foreign investors. It provides investors with access to the EU, business opportunities, a high quality of life, a low cost of living, and the opportunity to invest in real estate. The program has been very successful, with more than 6,000 golden visa applications approved so far. If you are an investor looking to expand your business activities in Europe, a Greek golden visa is an excellent option.
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