Obtain permanent residency in Greece with 250K investment

The Greek Permanent Residency programme at just €250,000 is the lowest in Europe. Also unlike other programmes, this is not a donation. You are investing in a property, which can give you strong rental yield and capital appreciation.

  • No VAT on New Builds
  • Travel to Greece Permitted during Pandemics With PR Card
  • No Capital Gains Tax For 2 Years
  • Travel to Any Shengen Country Without a VISA

The Greek Permanent Residency

A Greek PR Card allows you to travel to any Schengen country without a visa. You don’t need to enter through Greece and you can fly in from anywhere. There’s no minimum stay requirement. You need to visit Greece only for one

Detached Villa

€740,000
Athens

Building

€891,000
Athens

Detached Villa

€1,537,000
Athens

Apartment

€270,000 (NO VAT)
Zografos, Greece

Building

€790,000
Athens

Building

€1,233,000
Athens

1

Detached Villa

€268,000
Athens

Apartment

€250,000 (NO VAT)
Athens

Apartment

€300,000 (NO VAT)
Ampelokipoi

Procedure

A fee of EUR 500 is payable with the submission of the application and EUR 50 extra for the biometric capturing. The application will then be examined by the Civil Registry and Migration Department and will be submitted to a permanent secretary of the Ministry of Interior for a decision within two months. Once approval has been granted, the applicant and all the members of the family must visit Cyprus within one year to obtain the actual permit.

When in Cyprus, a visit is organized to the migration office in Nicosia in order to capture the biometric data for all members of the family applying. The biometric data can be submitted either with the submission of the application for residence, during the application process, or immediately after approval.

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Benefits

  • Fast track application procedure, within two months
  • High approval rate if all criteria is satisfied
  • It is not necessary to reside in Cyprus but a visit once every two years is required
  • Dependents can be enrolled in high quality private schools, offering English language courses
  • Residence applies to the whole family (applicant, spouse and children under 18 years old)
  • Dependent children between 18-25 and parents of the applicant are also eligible
  • The whole process can be arranged without being present in the country, however, a visit is required for biometric capturing

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West Coast Property Sales

West Coast property Sales & Rentals are a Fully Licensed & Registered Real Estate Agent with offices Located in Limassol and in Paphos.

Having worked in the real estate industry here in Cyprus for over 16 years we as a company have become passionate about delivering great value for money and excellent property investments. The company now not only has a flourishing Property Sales business but also has a rapidly expanding Property Rentals department, catering for Paphos, Limassol and the surrounding areas.

Request a Consultation

Please feel free to ask any questions on Greek residency and we will adhere to respond within 12 hours. As a full licensed estate agent, we can facilitate the purchase of your property and assist with your residency application, get in touch to get started.