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Greece’s golden visa: A pathway to European residency
High-net-worth individuals see investment migration as an excellent way to improve global mobility, secure wealth, boost climate resilience and increase options in terms of where they can live and conduct business.
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H
igh-net-worth individuals see investment migration as an excellent way to improve global mobility, secure wealth, boost climate resilience and increase options in terms of where they can live and conduct business. In our new age of uncertainty, having greater optionality is more important than ever. With over 35 residence and citizenship by investment programs to choose from, it may be difficult to decide which is best. The Greece Golden Visa Program is a standout choice in Europe. And what’s more, investors who acquire Greece’s ‘golden visa’ can apply for Greek citizenship after seven years of residence.
Here are a few more reasons why the Greece Golden Visa Program is an excellent choice for Indonesian investors:
- The southernmost country in Europe, Greece is one of the world’s top holiday destinations, with a desirable lifestyle and cosmopolitan cities.
- Residents of Greece enjoy the right to live and study in the country as well as free movement across the EU and Europe’s Schengen Area.
- After seven years of residence, investors can become Greek citizens and enjoy visa-free or visa-on-arrival travel to 185 destinations worldwide.
- Under the program, residence is applicable to the whole family, including a spouse, children up to 21 years old, and parents of the main applicant and their spouse, regardless of their age.
- The program has a relatively low investment requirement and one of the lowest time frames for residence acquisition, with applications processed within one to two months.
- There is no physical presence required so investors do not need to live in the country year-round to maintain their golden visa.
- The golden visa has an unlimited expiry date so it can be renewed indefinitely.
Acquire premium real estate in Europe
The most popular way to obtain residence of this Mediterranean nation is by investing EUR 250,000 in real estate. Greece offers a prosperous real estate market and ranks 6th in Henley & Partners’ Best Investment Migration Real Estate Index. Your single property investment could bring you and your family multiple returns that include extended personal access rights as residents of an EU country — a legacy investment for generations to come.
Other investment options such as capital contributions, corporate bonds, shares and term deposits of EUR 400,000 are available.
Improve your overall global opportunities
In addition to the many benefits mentioned above, as well as the property portfolio diversification that comes with a Greek golden visa, the program enhances you and your family’s lives in the following ways:
- Your access to quality private healthcare shoots up from a score of 24 out of 100 with an Indonesian passport to 42 with a Greek golden visa, according to the Henley Ultimate Portfolio, an increase of 43 percent.
- Your business opportunities as an Indonesian national improve by 10 percent.
- Your quality of life rises by 16 percent as a Greek resident.
- And your access to premium education for your children soars by 39 percent compared to what your Indonesian passport currently allows.
To find out how to become a Greek resident in just two months and enhance your life, reach out to Ian Horsburgh, Director and Country Head of Indonesia at Henley & Partners — the global leader in residence and citizenship by investment.
This article was published in collaboration with Henley & Partners
