FAQ

FAQs

What is the process of obtaining the Golden Visa?

Step 1: Contact our team and find Your Property
To finish this phase, you must identify the investment criteria and choose the property in which to invest. You can invest in a variety of features as long as the added value is equal to or more than €250,000. Our team can assist you in locating a property that meets your requirements.

Step 2: Adhere to Legal Procedures
Obtaining a Greek Non-Resident Tax number and creating a Greek bank account completes this phase. You can also have the power of attorney executed as an optional step.

Step 3: Purchase the Property
This phase is having a lawyer conduct ‘Legal Due Diligence’ on the property on your behalf. Following that, you’ll need to obtain a promissory sale and purchase agreement and execute a public deed.

Step 4: Launch Your Application
To complete this phase, you must gather all of the necessary documentation for the Golden Visa application. Hiring a lawyer is usually a good option because this can be overwhelming.

Step 5: Obtain Approval for Your Greece Golden Visa
This phase is completed by the authorities, after which your Golden Visa application will be granted and you will be issued a Golden Visa Residence Card.

Step 7: In Greece, renew your Golden Visa.
You can seek to renew your Golden Visa residence card every five years, making it easier to get permanent residency.

Step 8: Request Citizenship
After seven years of living there and paying taxes, you will be eligible to apply for citizenship and a Greek passport. However, there is little information available about this possibility.

How long does it take?

The Greece Golden Visa normally takes 3 to 5 months to process, although this can vary based on a number of circumstances.

What are the benefits of getting the Greek Golden Visa?

Grants you entry into the EU (Schengen area).
You can apply for the same permit for your spouse or partner, minor children or of legal age, whom -financially depend on you, including also dependents in the ascending line (Parents of main applicant and parents of clients)
To keep your permit valid, you simply need to travel to Greece once a year; even then, a lengthy stay is not required.
Promising Real Estate Market
Favorable taxation
Citizenship is available after 7 years.

Who are the qualifying dependents who can get the Golden Visa Through me?

- Spouse or Partner: The applicant's spouse or registered partner are eligible to join the application.
- Children under 21: Unmarried children of main applicants and/or spouse.
- Parents of both the main applicant and their spouse

What documentation do I need to have?
The following paperwork is necessary for a Golden Visa Program application to be approved:

Two copies of the application document
Four current passport-style color pictures
a certified copy of a passport or other travel document that Greece accepts as valid
A fee paid and obtained through the “e-Paravolo” platform
Roughly amounts to €500 for residence permits of up to a five-year duration
A processing fee was paid and obtained through the “e-Paravolo” platform
- Roughly amounts to €16, concerning the printing of the separate document (electronic residence permit)
Certification by an insurance agency for the cost of hospitalization and medical care;
- Insurance contracts that are signed outside of Greece, provided that they explicitly mention that they cover the interested party for the duration of their stay in Greece

Insurance contracts that have been signed in Greece

Will I have to pay taxes on the property I buy in Greece?

At the time of purchase you have to pay Transfer Tax(FMA) which is 3% of the property’s objective value
On new Built, you should pay VAT of 24%, but this is currently suspended until the end f 2025.
On-going annual Tax ENFIA: A basic square meter (€2-€16)/sqm

FAQ

Can i rent out my Golden Visa Property?

Yes. But only long term rent (i.e. 4 months or Longer

What is the tax on rental income?

Progressive rates as follows:

On income up to €12,000 per year: 15%
On income between €12,000 and €35,000 per year: 35%
On income above €35,000 per year: 45%

Will Rose Homes help me in all the above?

Definitely, we can manage the process for you from start to finish.

FAQs

FAQ

What documentation do I need to have? The following paperwork is necessary for a Golden Visa Program application to be approved:

Two copies of the application document

Four current passport-style color pictures

a certified copy of a passport or other travel document that Greece accepts as valid

A fee paid and obtained through the “e-Paravolo” platform

Roughly amounts to €500 for residence permits of up to a five-year duration

A processing fee was paid and obtained through the “e-Paravolo” platform

Roughly amounts to €16, concerning the printing of the separate document (electronic residence permit)

Certification by an insurance agency for the cost of hospitalization and medical care;

Insurance contracts that are signed outside of Greece, provided that they explicitly mention that they cover the interested party for the duration of their stay in Greece