I joked with my friends that domestic immigration agencies are lazy, taking information (knowledge) copied from who knows where, attaching Greek immigration ads, and start playing immigration experts and spreading the word; but they can't be bothered to spend some time to properly research and organize the relevant information and knowledge to give their clients the correct + complete information - Take In Greece, for example, there are four different types of statuses involved in order to freely enter and leave the country and to live, study and work in Greece: Greek Residency, Greek Permanent Residency, EU Permanent Residency, Greek Citizenship, plus Independent Financial Individuals andGolden VisaThe
I spent the morning sorting through it, and hopefully it will help you get a comprehensive understanding of the various types of status in Greece, and hopefully it will help you think about how to plan for your future status, using permanent residency in Greece as a starting point.
Greek Golden Visa and Independent Financial Individuals
Golden VisaThat is, in these three years is very hot 250000 Euro to buy real estate family get green card project, non-EU citizens to buy real estate up to 250000 more than three generations to obtain the right of abode in Greece, with the amendment of the bill of the Greek government now also agrees to enterprise investment can obtain the right of abode.
FINANCIALLY INDEPENDENT PERSONS, GreeceAccording to Article 20 of Greek Law 4251/2014 - Residence Permit for Financially Independent Persons (FIP), non-EU citizens who have sufficient resources, a stable level of annual income, and who are able to cover their living expenses in the form of a non-working income, can apply directly for a Green Card.
A comparison of the Greek Golden Visa and the Independent Financial Individual can be viewed atthis article
"Golden Visa" permanent residency can be renewed as long as you don't sell your house.
First of all, those of us who obtained our status after the launch of the "Golden Visa" program in Greece have permanent residency in Greece, not residency in Greece, and we have skipped the first step - the EU countries have set up different types of short-term residency (one to two years); most of the EU countries' laws provide that people from other countries outside the EU can apply for permanent residency in an EU member state after five years of legal residence in that country. ), such as work visas, etc.; most of the EU countries, the law provides that people from other countries outside the EU in a member state of the EU after five years of legal residence can apply for permanent residency in that country, the application for permanent residency status also need to meet certain residency requirements and local language proficiency requirements.
Renewal: Golden Visa
According to Greek law, permanent residency in Greece is valid for 5 years, at the end of which it needs to be renewed - the basic condition for renewal is that the property in your name has not been sold.
"Golden Visa" Permanent Residency in Greece
With permanent residency in Greece, you can legally reside in Greece for a long period of time, and you can open a store, a restaurant or a company in Greece (you need to find a Greek person to be the legal representative or licensee), but you cannot be legally employed.
With permanent residency in Greece, children can attend local public schools free of charge and receive free medical care in public hospitals.
With permanent residency in Greece, you can freely enter and leave the Schengen countries -Stay in other Schengen countries not exceeding 90 days in a half-year period, but not the right to settle, work, do business and study in other EU countries.
It is important to note that with Greek permanent residency, you are still a Chinese national. You can freely enter and leave Schengen countries with Greek permanent residency, but if you want to go to countries that are visa-free for Greek citizens, such as the United Kingdom, Australia, or the United States, you will still need to apply for a separate visa.
A residence permit can be renewed for a period of five (5) years by maintaining a property with a value of not less than 250,000 euros.
"Golden Visa"Greek permanent rights andFINANCIALLY INDEPENDENT PERSON, Greece The difference in the status obtained is in the transfer of the status to other EU countries, the conditions for renewal of the status, and the flexibility to reside in other EU countries;
Permanent Residence and Naturalization
According to Greek law, the Greek Naturalization Committee examines and decides on applications for naturalization according to the following criteria:
- Applicants must be at least 18 years old
- The applicant has not received a sentence of imprisonment exceeding six months in the 10 years preceding the application for naturalization.
- Applicants must not have a record of immigration violations or deportations.
- Must have lived in Greece for at least 7 years prior to the submission of the application
- Applicants must have 5 years of permanent residence in Greece
- Applicants must be fluent in Greek
- Applicants must be well integrated into the Greek environment in terms of economic and social life, with specific considerations including.
- Learn about Greek history
- Engage in some professional or economic activity and, as far as possible, participate in charitable and social activities together with Greek citizens.
- Any family relationship with a Greek citizen
- Fulfillment of taxpayer obligations in Greece
- Ownership of real estate in Greece .
- Applicants are able to participate actively in the political life of Greece, with specific considerations including
- Familiarization with the Greek Constitution
- Learn about the recent political history of Greece
- It is important to participate in Greek social groups, political associations, etc., together with Greek citizens.
If after 7 years you and your family are granted Greek citizenship
- According to Chinese law, you will automatically lose your Chinese nationality.
- You can sell your property in Greece
- You can live, study and work in any EU country of your choice.
- You will have visa-free access to most countries around the world with a Greek passport.
Greece + Dominica Right of abode + passport
If you have a budget of $250,000, take into account the advantages of visa-free countries, the advantages of asset planning, and the advantages of living in the EU! You can use a combination of Greece plus Dominica.
- Very fast; two months to get Dominica's passport, reapplyFinancial Independent Person (FIP), Greece
- Retain your citizenship (Dominica does not require you to renounce your original citizenship and will not voluntarily inform you of this).
- Two offshore tax codes
- Three statuses (Citizenship of Origin + Permanent Residence in Greece + Dominica) make it easier to diversify legal assets and allocate assets offshore.
- Four currencies (USD + EUR + GBP + CNY) held together
- Choice of five circles of life (China, Eurozone, United Kingdom, United States, and the Americas and the Caribbean), and the possibility of setting up a company in Europe and the Caribbean and holding shares, which facilitates tax planning.
- With a U.S. visa, you can travel to 160 countries and live freely and conveniently in 35 countries, enjoying unlimited advantages of life as a local citizen through the country's gates.
- Click here to learn
summarize
- Permanent residency in Greece is linked to Greek real estate.
- Learning Greek is the basis for acquiring Greek citizenship
- Permanent residence is also the basis for obtaining Greek citizenship
(This post was written by HUO and revised by Bee)
Obtaining information for a visa for a financially independent person
Greece Articles Home
Calculating the Cost of Buying a Home on a Golden Visa in Greece
Golden Visa Explained in 5 Minutes
No investment, no purchase of property, financial independence of the European Union permanent residence
Financially Independent Person (FIP) vs Golden Visa
Residency Immigration to Greece A starting point for the future
Greek Residency Without Returning Home for U.S. 10-Year Visa B1 B2
Nine Ways to Get a Golden Visa in Greece Besides Buying a House There are Eight Other Options Golden Visa Greece
Get a Commonwealth passport in one step and travel toDominica Passport Home Page
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