The official residency by investment program of Greece is the third most popular immigration option in the European Union for small investors behind the Golden Visas of Portugal and Spain.
The program was launched in 2013, and since then 2,079 successful applicants obtained the permanent resident status of the EU Member State.
According to the Minister, Greece plans to introduce new investment options for the third country nationals, who want to live and work in the country: "We are in discussions with the Athens Stock Exchange and the Bureau of Public Debt Management to divert investment from real estate to portfolio."
More than 40% of the investors for the resident status arrived from China. It's not a coincidence. As it looks like, the fortune turns on Greece; the country slowly emerges from the depts of the international financial crisis.
This immigration program offers the lowest capital requirement for investors and one of the fastest immigration process for the candidates in among the EU countries. The original residence permit is issued for five years and can be renewed on condition of continued ownership of the qualifying residential real estate. As Greece is a signatory of the Schengen agreement, the holders of its residence permit can freely move and stay in the other states of the European Union.
Kemptown Migration's expertise in the Greek real estate market will guide you through the legal and financial issues of obtaining the permanent residence permit of Greece. Here is a post about the residential property market of the Mediterranean country. (http://18.104.22.168/2017/09/06/greek-property-gay-visa/)
Gay rights in Greece
The attitude and the public opinion in Greece on homosexuals evolved significantly during the last decades. Now, the country is one of the most liberal and gay-friendly locations for gays, lesbians, bisexuals and transsexuals. However, same-sex couples still cannot marry, but civil unions are legally recognised since 2015. Male and female homosexual activity is legal since 1951, the anti-discrimination laws in employment were enacted in 2005.
Gender identity became protected under the law. Meanwhile, legislation on hate crime and hate speech against gays are among the most severe ones in Europe. Still, adoption is not a clear issue for same-sex couples.
Contact us for more information on the Greek "my Residence" Golden Visa Program for investors!