Invest in Greece-Residence permits to Third-Country Citizens

Residence permits to Third-Country Citizens

The Law Creation of a Development Friendly Environment for Strategic and Private
Investments (4146/2013) [download here - only available in Greek] of the
Ministry for Development, Competitiveness, Infrastructure, Transport and
Networks, facilitates the residence of investors in Greece through the granting
of residence permits for executives of Strategic Investment projects.

In addition, third-country citizens (non-EU citizens) and their family members,
who buy property in Greece, the value of which exceeds ?250.000,00 may obtain
residence permits.

The allowance for these types of residence permits have been integrated into the
existing Law 3386/2005 Entry, residence and social integration of
third-country nationals in Greece.

A) Residence Permits Strategic Investments

In the case of investments classified as Strategic Investments, under a decision of the
Interministerial Committee for Strategic Investments for the inclusion in the
process of Law 3894/2010 (Hellenic Government Gazette Issue Α 204), residence permits may be
issued to a legal representative of the investor and to up to 10 additional persons,
for whom a residence permit is a prerequisite for the unimpeded implementation
of an investment plan.

Such persons may be accompanied by members of their families, as specified under
paragraph 1 of article 54 of Law 3386/2005, as well as by domestic workers,
provided that an applicant has disabilities necessitating personal assistance.

Upon their own request, applicants may be granted a personal residence permit that is renewed or/and expires concurrently with the residence permit of the sponsor
(the legal representative).