Greek Citizenship

Greek citizenship is a type of citizenship that offers many opportunities to live and travel in a member of the European Union (EU). It allows you to share in Greece's cultural and historical heritage, experience island and metropolitan life, and gain EU citizenship, creating opportunities internationally in areas such as work, travel, or education.

The program emerged after the 2013 crisis and its main plan is to contribute to Greece's economic situation. Within this plan, Greece's sole discretion is the amount of the fee stipulated in written legislation. Applications regarding medical conditions or a criminal record indicating past offenses will be rejected based on reasoned grounds in written law. Differences such as race, religion, and language are not taken into account. The procedural and substantive requirements of the procedures are defined in the legislation.

PROGRAM DETAILS

The Greek citizenship program requires investors to invest a minimum total of €250,000 in one or more properties in Greece. This investment must be protected for at least three years. The investment cannot be sold within three years, but it can be rented out. The important thing is the ownership right; transferring the right to use the property in exchange for money does not constitute any irregularity or breach of liability. On the contrary, what makes this program valuable is the opportunity to receive rental income in Euros and benefit from the chance to obtain citizenship.

Additionally, investors must deposit €40,000 into a bank account located in Greece. This money can be spent, but it must be held in the account for a reasonable period of at least three years.

The program requires investors to reside in Greece for at least 7 years. This 7-year period must be continuous, with a minimum annual stay of 183 days. To explain the procedures in detail:

PROCEDURES

1- Investment: The Greek citizenship program requires investors to make an investment of at least €250,000 in Greece. This investment must be held as an asset for a period of 3 years.

Advantages of the Program

One of the biggest advantages of the Greek citizenship program is becoming a European Union citizen and gaining the right to free movement. Benefits from job opportunities and education/healthcare facilities within the EU are an added bonus.

The Greek citizenship program also allows investors to live on the Greek islands. The importance of the Dodecanese islands is significant for countries close to Greece. For example, countries like Turkey, Syria, and Egypt can obtain both a summer home and European Union citizenship by purchasing real estate on the Dodecanese islands. Of course, this is conditional on residing in Greece for a minimum of 183 days.

In conclusion;

Obtaining Greek citizenship is advantageous for many people. Indeed, Greece has generated over a billion dollars in revenue through this program and has provided many people with the right to live, work, and study within the European Union as a whole. However, managing and investing a minimum of €250,000 as an individual would be absurd due to the risk of fraud, theft, and hacking. Therefore, to avoid making the wrong investment in the wrong city or location, it is essential to seek professional support by monitoring the community.