The leading long-stay investment reward of the Greek Golden Visa is a dependable residence-by-investment program in Europe. They have strongly established themselves as a law firm with a great deal of experience, Vardikos & Vardikos have been the main players working closely with the investors who are in the pursuit of fame through Greece’s profitable investment vehicle. The program now has brand new regulations attached to it which has made it be desired by not only many local but also international investors. The article details the Greek Golden Visa’s latest changes and showcases how Vardikos & Vardikos can help you establish your residency in Greece.
What is the Greek Golden Visa?
Greece’s golden visa program permits investors and their families to take up residence in Greece through varied investment routes, including real estate and startups. The program has since then solidified its position as one of the chief residency-by-investment programs across Europe largely because of its modest investment thresholds, a great demand for real estate, and life advantages it offers.
Key Benefits of the Greek Golden Visa:
- Residency: Investors and their families can live in Greece and travel freely within the Schengen Area.
- Investment Return: The Greek real estate market offers potential for solid returns on investment.
- Long-term Security: With the Golden Visa, investors gain access to Greece’s social, economic, and political stability.
Vardikos & Vardikos: A Leader in Greek Golden Visa Services
Vardikos & Vardikos, a law firm with high qualifications located in Athens, has been amongst the key associates for foreigners doing home purchase in Greece following the standard immigration path of the Greek Golden Visa. The company is excellent in providing efficient legal services in the various stages of the process as well as in ensuring compliance with Greek laws and the return on investments will be great.
Why Choose Vardikos & Vardikos?
- Expert Guidance: They help clients navigate Greece’s complex investment requirements.
- Personalized Service: Tailored advice and strategies for real estate, startup investments, and portfolio diversification.
- Comprehensive Legal Support: From tax advisory to land registry examination, the firm covers all bases to ensure smooth Golden Visa applications.
Recent Changes to the Greek Golden Visa Program
Last month, the Greek government brought some changes to the investment model initiated by the Golden Visa program, with the primary attention being on the requirements of real estate investment. The least amounts to be spent on real estate investing which permit qualification to increase. Still, in spite of these adjustments, the Greek Golden Visa is still among the most inexpensive and attractive residency-by-investment choices on the continent.
New Investment Requirements for Real Estate:
| Investment Option | New Minimum Investment |
|---|---|
| Properties in High-Demand Areas (Athens, Thessaloniki, Mykonos, Santorini, etc.) | EUR 800,000 |
| Properties in Other Areas (Exceeding 120 square meters) | EUR 400,000 |
| Restoration of Historic/Culturally Important Properties | EUR 250,000 |
These new thresholds reflect the growing demand for premium properties in Greece, especially in urban centers and tourist destinations.
Greece’s Golden Visa for Startup Investments
Greece has gone beyond the conventional real estate investment by presenting a scheme for entrepreneurs thinking to come to the country from abroad of getting startup investments. Το qualify for this particular scheme, it is necessary to contribute at least 250 thousand euros to a Greek startup and employ a minimum of two persons in the first year.
Key Criteria for the Startup Investment Pathway:
- Investment Amount: Minimum EUR 250,000
- Equity Participation: A maximum of 33% equity participation
- Job Creation: Must create at least two jobs in the first year
- Employment Stability: Jobs must be maintained for at least five years
This pathway provides entrepreneurs with a unique opportunity to combine business expansion with securing residency in Europe.
How Vardikos & Vardikos Supports Greek Golden Visa Applicants
Vardikos & Vardikos’ team makes every effort to assist investors in solving the Greek Golden Visa process’ complications. Real estate purchases or startup investments constitute the client-focused methods the firm employs in providing transparency and avoiding unnecessary risks while achieving higher potential investment level.
Services Offered by Vardikos & Vardikos:
- Tailored Investment Strategies: For high-net-worth individuals (HNWIs) looking to invest in Greece, the firm offers comprehensive planning and advice to diversify risks and optimize returns.
- Legal Support: Vardikos & Vardikos handles all legal aspects, including drafting investment contracts, ensuring tax compliance, and overseeing the acquisition process.
- Golden Visa Application Assistance: They provide step-by-step guidance on how to qualify for the Greek Golden Visa, from document preparation to submission.
Popular Real Estate Investment Areas for Golden Visa
With demand rising for property in Greece, some areas are becoming the most popular among Golden Visa investors. At Vardikos & Vardikos, the effect of investments on return is researched and reported on with clear.
Top Locations for Greek Golden Visa Investments:
- Athens Riviera: Ideal for luxury property investments with a combination of coastal beauty and urban accessibility.
- Santorini and Mykonos: Known for their tourism potential, making them perfect for high-value investments.
- Thessaloniki: Offering a balance of urban living and investment opportunities with growing infrastructure.
Greek Tax Benefits for Golden Visa Holders
Greece not only has real estate and safe investment but their offer of special tax incentives to global investors too which makes it a more desired place for them to settle. The Greek Non-Dom regime is one of these advantages, it prescribes a flat tax on foreign income for Golden Visa holders.
Greek Non-Dom Regime:
- Flat Tax Rate: EUR 100,000 annual tax for foreign-sourced income for the primary applicant
- Additional Tax: EUR 20,000 per dependent
- Program Interest: Over 8,000 applications received since its introduction, especially after changes in other European tax regimes.
How Visas Abroad Services LLP Can Assist You
Are you thinking of taking the Greek Golden Visa? With over 28 years of experience working with immigration cases worldwide, Visas Abroad Services LLP is the leading agency in India, that can do the organization for you. Therefore, the company will make sure that your Greece Golden Visa application is very effortless and functioning.
How Visas Abroad Services LLP Helps:
- Comprehensive Consultation: Expert guidance on real estate investments and startup opportunities in Greece.
- Visa Application Support: Step-by-step assistance with obtaining your Greek Golden Visa.
- Ongoing Support: Continued legal and advisory support after your Golden Visa is granted, including tax planning and residency options.
A Bright Future with Greece’s Golden Visa
Greece’s Golden Visa program shows a compelling reason to invest in the country and remains an attractive choice for foreign investors. Greece, with its picturesque investment requirements, diverse and distinct Mediterranean locations, and joining to your taxable residents, is quickly becoming the key continent for individuals who are world travelers to rush and stay away from the pandemic impact and its lifting of the borders. One of the visible Greekies is the co-chairmanship of the expiration of the Golden Visa program, which will be a growing investment trend in the luxury real estate market.
If you are looking to go through the Golden Visa procedure and become a resident product manager at Golden Vardikos & Vardikos service line, you can be grateful for the improvement of Greece’s customer service. Visas Abroad Services LLP who can cater to your needs for moving to Europe in a more convenient and beneficial way.
