Overview
The Canada Start-Up Visa Program is a one-of-a-kind program and currently the only Federal program dedicated to direct permanent residency in Canada. Canada’s Start-Up Visa Program targets immigrant entrepreneurs with skills and potential to build a business in Canada that is innovative, can create jobs for Canadians, and can compete on a global scale. One application can include the entrepreneur, his/her spouse, any children under 22 years of age.
Government
Unitary Parliamentary Republic
Population
10.36 million
Official Language
Greek
Climate
10 degrees C Winter | 28 degrees C Summer
Member of
European Union, Eurozone, NATO, United Nations, WTO
Visa Free Travel
Throughout Europe and Schengen
Time to Residency
8-12 months
Greece Golden Visa Process
Step 1
Candidate is onboard through collection and verification of passport and completion of the KYC document. The investor is sent an Investment Letter along with a Reservation Agreement for the investment.
Step 2
The candidate signs the preliminary agreement and makes a 25% payment toward the investment.
Step 3
The candidate signs documents related to the legal package including the Power of Attorney, Framework Agreement, and Rental Agreement.
Step 4
An application is made for the candidate for a Greek Tax Number.
Step 5
Upon final deed, the remaining 75% payment is made toward the investment, and the candidate signs the final Notarial Contract.
Step 6
Once the deed is issued, the Golden Visa application is submitted. After 1-2 weeks, the candidate will receive a pre-approval of the main applicant and dependents.
Step 7
If favorable, a biometrics appointment is scheduled for the applicant and family members in Greece.
Step 8
45 days after the biometrics appointment, the 5-year residence cards are issued.
Requirements of the Greece Golden Visa Program
Those who have invested may be granted a golden visa if they:
- Are at least 18 years of age
- No language requirements
- Must be a non-EU/EEA Citizen
- Must obtain valid medical insurance
- No business experience is required
Four options for investment under the Greece Golden Visa Program:
- Option 1: Minimum investment of EUR 800,000 in the regions of Attica, Thessaloniki, Mykonos, and Santorini, and the islands with a population of more than 3100 inhabitants.
- Option 2: Minimum investment of EUR 400,000 in all other regions of the country, as long as it is a single property with a minimum surface area of 120 sqm.
- Option 3: Minimum investment of EUR 250,000 in listed buildings which are historic or interest under special protection to be restored/constructed by the investor (regardless of location or size).
- Option 4: Minimum investment of EUR 250,000 in property which is converted from commercial to residential.
Those holding a Greece Golden Visa are eligible for exclusive benefits including:
- Visa Waiver in Schengen Area
- Right to Medical Coverage through access of private insurance
- Path to Citizenship after 7 years of holding the residency
- Residency which is renewable every 5 years
- Access to European education in most EU countries Live and study in Greece
- No minimum physical residency requirement to maintain or renew residency
Exclusive Benefits of the Greece Golden Visa
Legal Framework of Greece Golden Visa
The legal framework for the Greece Golden Visa Program can be found in Article 100 of the Migration Code (and updated in 2024 by Article 64 of Law 5100/2024). This law sets out the details of the Golden Visa which allows only investors from third countries seeking permanent residence through a real estate investment in Greece.
The amended law has introduced certain changes to the program including:
- Investment must be made in a single property rather than various properties.
- The minimum investment amounts in high-demand regions have changed to EUR 800,000 and drops to EUR 400,000 in all other areas of Greece.
- Investors may purchase real estate or invest in a long-term lease agreement so long as total lease value is equivalent to the required investment amount.
- Main living area must be 120 sqm.
- A provision that the investment threshold drops to EUR 250,000 when a property originally intended for commercial use is converted to residential use. The change must be fully completed before the investor submits their application for the Golden Visa, unless it is a heritage or preservable property that is scheduled for renovation or complete reconstruction.
*Please contact us for a full copy of Article 100 of the Migration Code.
About Step Global
Step Global is the leading immigration consultancy and advisory firm headquartered in Dubai, United Arab Emirates – a hub for effectively servicing clients from the GCC and MENA region, including India and Pakistan. We are comprised of a network of globally licensed lawyers, investment advisors, immigration specialists, and real estate experts who provide active guidance through the entire immigration process. Acting as a single point of contact between all parties involved, we ensure the most optimal chances for approval of your application for migration.
Our partner firms meet high standards to be part of our international network and are respected by peers in the legal and business communities. As a result, Step Global only offers investment immigration visa programs that are well-reputed globally and provide access to the top-ranked passports worldwide as per the Passport Index.
Step Global bridges the gap of future planning for its high-net-worth clientele by providing additional required services including Wealth and Tax planning and Executive Lifestyle Management Services. Step Global has taxation specialists who help clients fully prepare for their
Financial future. With over a decade of experience in estate planning, investment consultation, and international taxation guidance, our
Experts can guide HNWIs on how to best appreciate and protect their capital.
This branch of the business is titled Step Wealth, and we’re proud to boast a solid track record of clients making significant capital gains through investment, taxation consultation, and estate planning.
Why Choose Us for Your Immigration Journey:
Pricing for the Greece Golden Visa
Legal Fees
EUR 5000
EUR 300(per dependent)
Property Investment Value
EUR 250,000
Notary Fees (1.24%)
EUR 3100
Land Registry Fee (0.65% + 750)
EUR 2375
Property Transfer Tax (3.09%)
EUR 7725
Golden Visa Property Certificate
EUR 620
Resident Permit Application
EUR 2000
Medical Insurance
Age Under 40: EUR 70
40 – 65: EUR 90
65-75: EUR 130
Over 75: EUR 75
Consulting Fees
EUR 20000
Grand Total
Grand Total (single applicant excl. Medical and Local Tax Representation): EUR 291,136
The Step Global immigration lawyers are available to answer your questions. Contact us today to arrange a consultation.
- Preeya Malik - Managing Director
- +971 (0) 4 770 7825
- preeya@stepglobalgroup.com
- DIFC, Central Park Towers Offices, Office 14-39 Dubai, UAE