A 10-year lease of hotel accommodations or furnished tourist accommodation (houses) in tourist accommodation complexes.
By decision of the State, a residence permit for five (5) years is issued to non EU national, if he/she has obtained a visa, if required, and legally purchase a 10-year lease of hotel accommodations or furnished tourist accommodation (houses) in tourist accommodation complexes in Greece.
The minimum value of the contract price of the lease agreement for hotel accommodations or tourist furnished accommodations (houses) in tourist accommodation complexes shall be two hundred fifty thousand (250,000) Euros.
The aforementioned third-country citizen (property owner) may be accompanied by the members of his/her family. Upon their own request, family members may be granted a personal residence permit that is renewed and/or expires concurrently with the residence permit of the sponsor (property owner).
The Residence Permit may be renewed for the same duration (five years), if the property remains unchanged in its legal ownership status as described above and the contracts of ownership remain in effect, and other statutory conditions detailed above are met.
This Residence Permit is also a Schengen Visa and offers you and your family access to all 27 EU member countries as well as to Switzerland. The residence permit can be renewed (every time for a 5-year duration), if the property remains unchanged in its legal ownership status.
The period of residence, under these specific conditions, is not taken into account in cases of granting citizenship to said residents and do not allow a right to employment of any type.
This residence permit is issued individually for 5 years to buyers and members of their family: – Spouse – Common non-married children under the age of 18 years of age – Adopted children – Spouse’s children from previous marriages. For children, the residence permit is valid until the completion of 18 years of age. After the age of 18, their residence permit can be renewed annually until the completion of 21 years of age. In any case, adult children over 18 years old can obtain a residence permit, if they purchase together with one of their parents, a property with a minimum value of 250.000€.
- Residence permits in Greece with renewal every 5 years if the property remains at the possession of the Applicant (Buyer).
- Free entry and exit to and from the territories of Schengen.
- Access and use of the State’s Health services (hospitals) and Education (schooling) in Greece.