Investment Immigration Law - Golden Visa

golden visa2The Law for Golden Visas has changed several times since its first successful launch in 2013 and KCH LAW FIRM proudly issued the very first Residence Permits for Investors in Athens.
Since the beginning of the Law, KCH Law Firm has worked with diligence and always having in mind end clients’ rights and has successfully and safely issued Golden Visas for Investors and family Members. KCH Law Firm has great experience in the legal framework for Golden Visas and has been present in the decision making process on the adaptation of this particular law over the years.
Dafni Korobeli, Athens partner of KCH Law Firm, has been one of the first lawyers who in 2013 were present in China when the Law started being in force and has communicated these developments directly to the Chinese audience who was interested in real estate investments. Since then, she has personally handled numerous cases of Chinese nationals and KCH Law Firm has put in place a very well organized structure with specific steps for the Client to follow, in order to be granted Residence Permit by property acquisition. This structure and order of steps to follow is being updated according to all the latest changes and adaptations of the Law.

“Golden visa” law is a program designed by the Greek government to attract investment into Greece. Similar to other EU countries with real estate investment programs, but way more simple and straightforward, the Greek program started in 2013 and since now it has attracted a large number of investors from third countries, reaching its peek in 2018 and gradually growing.

The Law “Creation of a Development Friendly Environment for Strategic and Private Investments” (4146/2013) of the Ministry for Development, Competitiveness, Infrastructure, Transport and Networks and more specifically Article 36A, grants residence permit to citizens of non-Schengen countries and their family members (children under 21 years old and spouses), who buy property in Greece, the value of which exceeds €250,000.

The residence permit may be renewed for the same duration (five years), if the property remains unchanged in its legal ownership status.
The residence permit does not grant a right to employment of any kind.

Each case of property acquisition is different and legal consulting cannot be general, but customized to the specific property and client’s needs and situation. Since the “Golden Visa” is directly linked to property acquisition, interested parties should seek legal guidance and consulting by experts in the field of real estate. At the same time, a public notary is obligatory by law in order to proceed to property purchase and the buyer has the freedom to chose the notary who will draft the contract.

For more information and guidance by our experience lawyers, please contact us here
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Officially authorized and certified to conduct the on line legal establishment of companies of any legal form in Greece according to National decree 3853/2011 on the establishment of LLPs , SAs, SMEs of any form through the one stop shop authority for companies.

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