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7/27/2019 Guide Residence Permits En
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A bri guid to Rsid Prmitsor ral stat owrs i Gr
I oopratio STRY OF INTERIOR
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A brief guide to ResidencePermits for real estateowners in Greece
The governmen o Greece insaed a procedure o obain permanen residence permis,
which can be renewed every ve years, or owners o real esae by hird-counry
ciizens, he value o which exceeds 250.000, adoping a riendlier sance owards
hose who wish o own real esae proper in Greece. This guide provides inormaion
on he precondiions, he process and he supporing documenaion required o obain
hese residence permis. The guide also addresses imporan quesions regarding
his new pe o residence permi or owners o real esae. I you would lie more
inormaion beyond he scope o his guide, or any claricaions, please conac he
General Secrearia o Populaion and Social Cohesion o he Minisry o Inerior (Tel: +
30 213 136 1029 30 - 31, Fax: +30 213 136 1388, E-mail: [email protected]).
Atttio: All rasoabl masurs hav b tak to sur that th iormatio providd i this doumt is aurat.
Ivst i Gr is i o way to b rsposibl or ay ular, iorrt, or partial iormatio iludd i th doumt.
For a omplt ad xat rditio o th law, radrs should rr to th doumts o th rlvat law: Artil 36 Law
3386/2005 (Ofial Govrmt Gaztt 212, Issu A), Miistrial Disio 933/16-01-2009 (Ofial Govrmt Gaztt
53, Issu B) as amdd by Miistrial Disio 23195/20-5-2013 (Ofial Govrmt Gaztt 1279, Issu B) & Artil 6 Law
4146/2013 (Ofial Govrmt Gaztt 90, Issu A). Th lgal ramwork a hag without prior warig.
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Gral iormatio o rsidprmits or ral stat owrs i Gr
SecTIOn
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A brief guide to ResidencePermits for real estateowners in Greece
Rsid prmits i Gr.
A residence permi is any documenaion issued by he Gree auhoriies, according o
which a hird counry ciizen is given he righ o reside legally wihin Gree erriory,
in accordance wih he provisions o he European Union. Dieren caegories o
residence permis exis, as well as dieren pes o permi wihin each caegory.
Employmen righs depend on he pe o permi issued. Applicaions or he graning
and renewal o residence permis are submied direcly o he municipali or herelevan auhori o he Aliens and Immigraion o he Decenralised Auhori in
he applicans place o residence, or o he General Secrearia or Immigraion o he
Minisry o he Inerior.
Rsid prmits or ral stat owrs
ad who thy apply to.
A residence permi or real esae owners is a new pe o residence permi, or hird
counry ciizens who have received a pe D Visa or he same purpose.
Beneciaries o he righ o enry and residence, or a period o ve years, are:
hird counry ciizens who eiher own, or inend o own (suppored by he
relevan documenaion), real esae proper in Greece, provided is minimum value
is 250.000;
hird counry ciizens who have signed a lease or a minimum o 10 years
or hoel accommodaions or urnished ouris residences in inegraed ouris
resors, provided he minimum cos o he lease is 250.000;
amily members1 o he hird counry ciizens described above.
1Aordig to th law, amily mmbrs o third outry itizs trig th outry ar:
a. Spouss who ar ovr th ag o 18, as wll as uwd hildr udr th ag o 18 whr thr is shard ustody, iludig
hildr that hav b adoptd., b. Othr uwd hildr udr th ag o 18, o th othr spous, iludig hildr that
hav b adoptd, providd that th appliat is thir lgal guardia.
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Proditios or a rsid prmit or ral stat
owrs i Gr.
The ollowing condiions mus be ullled o receive a residence permi:
a) The real esae proper mus be owned by and be in possession o is owners.
b) In cases o join ownership, where he value o he proper is 250.000, he
residence permi is only graned i he owners are spouses wih undivided ownership ohe proper. In all oher cases o join ownership, he residence permi is only graned i
he amoun invesed by each o he join owners is a leas 250.000.
c) I he owner has acquired he proper hrough a legal eni, he applican mus own
100% o he company shares.
d) The residence permi is also graned in cases where he hird counry ciizen is he
owner, eiher direcly or hrough a legal eni, o more han one real esae proper
wih a combined value o a leas 250.000.
e) The documened inenion o own proper should be suppored by documenaion
which prove he nancial capaci (e.g., cericae o an A-class ceried ban, or oher
recognised nancial insiuion), which ceri he exisence o ban accouns or oher
mobile asses, such as bonds or shares, which can cover he cos o he invesmen o a
leas 250.000, and which ceri he inenion o he applican o purchase he proper
(conrac wih a law rm or wih a real esae oce).
) In he case o hird counry ciizens who have signed a lease o a leas 10 years or
hoel accommodaions or urnished ouris residences in inegraed ouris resors,
provided he minimum value o he lease is 250.000, he conrac mus require a singlepaymen o he lease or he equivalen o he en year leasing o he proper.
In all cases oulined above, he value o he real esae proper will be deermined
based on he value o he proper, or he lease, indicaed in he conrac.
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A brief guide to ResidencePermits for real estateowners in Greece
etry Visa rquirmt to obtai a rsid prmit
or ral stat owrs.
An enry Visa is necessary (pe D Visa). Following he issuance o a residence permi,
and or is duraion, here is no need or a Visa.
Duratio o th rsid prmit or ral
stat owrs.This residence permi is valid or 5 years.
Rwal o rsid prmits or owrs o ral
stat - Duratio ad Proditios.
The residence permi can be renewed. More specically, he residence permis may
be renewed or he same duraion and or as many imes as he applicanrequess. To renew he residence permi, he ollowing condiions mus be me:
The real esae propert mus remain in he ownership and possession
o he applican.
The relevan leases mus be ongoing.
Absences rom he counry do no impede he renewal o he residence permi.
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Issuig pross ad th ssary doumtatioor a rsid prmit or ral stat owrs
SecTIOn B
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A brief guide to ResidencePermits for real estateowners in Greece
Th pross or th issuig o a rsid prmit
or ral stat owrs.
Sep 1: Issuing an enry Visa or Greek Terriory
The ineresed par mus submi an applicaion or an enry visa (pe D) o he Gree
consulae auhori in heir counry o origin.
Sep 2: Collecing he documenaion or he issuing o he residence permi
Applicans or a residence permi or real esae owners, valued a 250.000, mus
provide he ollowing documens:
Two copies o he applicaion documen;
Three recen colour phoos;
Ceried rue copy o a valid passpor or ravel documens recognised by Greece
and wih he relevan valid enry visa, where required;
Healh cericae rom a Gree public hospial, ceriing ha he applican(s)
(hird counry ciizen(s)) does no have any condiion which, according o
inernaional sandards and he World Healh Organisaion, can pose a ris o public
healh. Exempions are addressed on a case-by-case basis.
Depending on he specic case, he ollowing documenaion may need o be submied
in addiion o he above:
1. Residence permis or hird counry ciizens who own and posses, eiher wholly or
joinly, proper in Greece
A copy o he conrac or he purchase o he proper or properies which have
a minimum value o 250.000
Noarisaion saing ha he conrac ulls he condiions required by he law or
he graning o residence permis o real esae owners in Greece (aricle 6 paragraph
2 o law 4146/2013)
Proo o ile ranser rom he compeen land regisry
Cericaion by an insurance agency or he cos o hospialisaion and medical care
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2. Residence permis or hird counry ciizens who own proper in Greece hrough a
legal eni, where he applican owns all shares
A copy o he conrac or he purchase o he proper or properies which have
a minimum value o 250.000
Noarisaion saing ha he conrac ulls he condiions required by he law
or he graning o residence permis o owners o real esae in Greece (aricle 6
paragraph 2 o law 4146/2013)
Proo o ile ranser rom he compeen land regisry
Copy o he saue o he legal eni which clearly indicaes ha he hird counry
ciizen owns all company shares
Cericaion by an insurance agency or he cos o hospialisaion and medical care
3. Residence permis or hird counry ciizens who have a lease or a minimum o
10 years or hoel accommodaions or urnished ouris residences in inegraed
ouris resors
Noarised copy o he lease or he hoel accommodaions or urnished ouris
residences in inegraed ouris resors, which demonsraes a single paymen o
250.000 and includes a menion o he graning o he relevan operaion licence
by GNTO (Gree Naional Tourism Organisaion)
Proo o ranser rom he land regisry where he relevan lease conrac has been
ranserred
Cericaion by an insurance agency or he cos o hospialisaion and medical care
4. Residence permis or amily members o he hird counry ciizen
Cericaion by an insurance agency or he cos o hospialisaion and medical care
Recen amily saus cericae rom oreign auhoriies which ceries he amily
relaionship
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A brief guide to ResidencePermits for real estateowners in Greece
Sep 3: Submiing he documens
Applicaions or he residence permis mus be submied o he one-sop service o he
deparmen in he Decenralised Auhori in he place o residence or he Municipal
auhoriies in he locaion o he proper in he cases where he ranser o residence by
he Aliens and Immigraion auhori o he Decenralised Adminisraion has no been
compleed. For more inormaion on your case, please conac he Municipali where
your proper is locaed. For a lis o all Municipaliies and Decenralised Auhoriies
please conac he Minisry o he Inerior hp://www.ypes.gr/en/.
Sep 4: Procedures unil he nal issuing o he permi
Upon arrival
A hird counry ciizen who inends and has he necessary supporing documenaion
o own real esae proper or o lease hoel accommodaions or urnished ouris
residences and has received a Visa enry or his purpose, is required o complee he
required acions o apply or he residence permi beore he expiry o he enry visa. In
his case, he prospecive applican is able o underae legal acs and ransacions wih
he compeen auhoriies, using heir enry visa.
Applicaion process
The submission o he applicaion or he issuance o he residence permi, he
submission o addiional documenaion, he receip o he residence permi or o a
rejecion, or any addiional documenaion rom he relevan le, can be done eiher
in person by he hird counry ciizen, or hrough a proxy. Even i he applicaion in
quesion has been submied by a proxy, he applican is required o be in
Greece on he dae o he applicaion submission. The documenaion oulinedin he previous seps should be aached and submied wih he applicaion.
Documenaion check
The auhoriies receiving he applicaion will issue a conrmaion ha he applicaion
has been submied, provided ha all he necessary documenaion has been submied
wih he applicaion. The conrmaion is valid or one year.
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Applicaion processing imerame
The owner o he real esae proper is no aeced by he duraion o he processing
o heir applicaion, rom he momen he applicaion is submied o he relevan
auhoriies unil he issuing o a decision by he Secreary General o he Decenralised
Auhori regarding heir residence permi. Afer he applicaion has been submied,
he applican receives a receip conrming he submission o he applicaion, which is
valid or one year. The ime required o process he applicaion depends on he specic
locali where he applicaion was submied and he volume o pending applicaions.Auhoriies have been insruced o give priori o his pe o applicaion, and all
eors are made o process he applicaions wihin to monhs.
Provisions during he applicaion processing period
The hird counry ciizen, who has submied an applicaion and received he
conrmaion receip described above, can reside legally in he counry or he duraion
o he conrmaion receip. The holder o he conrmaion receip is eniled o he
benes o he residence permi ha hey have applied or. Hence, hey can proceed
wih any legal ransacion regarding heir invesmen and can ransac wih all he
relevan auhoriies.
Issuing o he decision
Once he auhori o Aliens and Immigraion o he Decenralised Auhori has
veried ha he applicaion ulls all necessary condiions and, in accordance wih he
decision o he Secreary General o he Decenralised Adminisraion, hey will issue a
ve-year residence permi.
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A brief guide to ResidencePermits for real estateowners in Greece
Produr or rsid prmits or amily mmbrs.
According he inormaion above, hird counry ciizens can be accompanied by heir
amily members, who will be graned he appropriae enry Visa.
Family members have he opion o enering he counry a a laer dae rom he
applican, rom whom hey draw heir residence righs.
These amily members are issued wih a residence permi o he same duraion as he
applican, bu his permi does no include access o employmen.
The children o he applican, who have been originally admied o he counry under
he erms and requiremens o residence permis, are issued an independen residence
permi when hey reach he age o 18 which can be renewed annually unil heir 21s
year. Furher renewals are possible in accordance wih immigraion legislaion.
Doumts ad rtifats or th rwal o
rsid prmits.
The renewal o he residence permi requires dieren documens, including:
Two copies o he applicaion documen
Three recen colour phoos
Ceried rue copy o a valid passpor or ravel documens recognised by
Greece. There are cerain exempions which require ha he applican submis
a declaraion saing he specic reasons why hey are unable o presen hese
documens or documenaion supporing ha hey do no possess hese
documens (e.g. documens by a consular auhori o heir counry o origin
which has been ocially ceried and ranslaed). In any case, a public auhori
documen, eiher Gree or rom he applicans counry o origin, mus be
submied o veri he ideni inormaion o he applican (a passpor,
irrespecive o is expiry dae, an ideni card, a birh cericae). The assessmen
o he exempions is done on a case-by-case basis.
A ceried copy o he previous residence permi, only in cases where he
permi is no aached o he passpor ha is submied
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Addiionally, and depending on he case, he ollowing documens are required o renew
a residence permi, provided ha real esae proper wih a value o 250.000 has been
purchased:
1. Renewal o residence permis or hird counry ciizens who own and posses, eiher
wholly or joinly, proper in Greece
Proo o ranser rom he compeen land regisry
Cericaion by an insurance agency or he cos o hospialisaion and medical care
2. Renewal o residence permis or hird counry ciizens who own proper in Greece
hrough a legal eni, where he applican owns 100% o he shares
Proo o ile ranser rom he compeen land regisry
Cericaion by GEMI (Genio Emborio Miroo-G..I.) or he Adminisraive
Cour, ha he saue o he legal eni has no been alered
Cericaion by an insurance agency or he cos o hospialisaion and medical care
3. Renewal o residence permis or hird counry ciizens who have a lease or a
minimum o 10 years or hoel accommodaions or urnished ouris residences in
inegraed ouris resors
Proo o ranser rom he land regisry where he relevan lease conrac has been
ranserred
Cericaion by an insurance agency or he cos o hospialisaion and medical care
4. Renewal o residence permis or amily members, according o paragraph 1, aricle
54 o Law 3386/2005, o he hird counry ciizen
Cericaion by an insurance agency or he cos o hospialisaion and medical care
Declaraion by he sponsor ha he amily circumsances have no changed
Copy o he birh cericae or a child born in Greece
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A brief guide to ResidencePermits for real estateowners in Greece
Laguag rquirmt or th doumtatio
Traslatio Authoritis.
The documens ha are required or he applicaion or a residence permi mus be
submied in Gree, excep or he documens issued by oreign auhoriies, which need
o be ceried. There are to pes o cericaion:
a. The Aposille samp or counries ha are paries o he Hague Convenion
b. Cericaion by he Consular
The Aposille samp: For counries ha are paries o he Hague Convenion, and or
which Greece has no issued a warning, he Public Adminisraion acceps he Aposille
samp which is provided by he relevan oreign auhori on he oreign documen.
Cericaion by he Consular: For any counries ha are no paries o he Hague
Convenion, a cericaion by he Gree consular in he counry o origin o he
documen is required.
The ranslaion o oreign public documens can be done:
a. By he Translaion Service o he Minisry o Foreign Aairs, or
b. A lawyer, who mus be a member o a Greek bar associaion, wih a
cericaion o heir signaure by he Bar Associaion.
cost assoiatd with th appliatio pross or th
rsid prmit or owrs o ral stat.Ineresed paries are only subjec o he Visa ee, which is 75, excep in cases where
bilaeral agreemens provide or a reduced ee or a waiver.
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Frqutly Askd Qustios
SecTIOn c
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A brief guide to ResidencePermits for real estateowners in Greece
Is i necessary o hire a lawyer o collec he
documenaion?
There is no legal requiremen o collec and process he
documens hrough a lawyer. In cases where he applican
does no spea Gree and / or is locaed ouside o Greece,
i may be preerable o as or he suppor o a legal
represenaive or proxy, o aciliae he process.
I am no currenly in Greece. Do I need o submi he
documens in person?
The applicaion process or he iniial residence permi, he
submission o addiional documenaion and he receip o
he residence permi or is rejecion can be done eiher in
person by he applican or hrough a legal proxy. Even i
he applicaion in quesion has been submied by a
proxy, he applican is required o be in Greece on
he dae o he applicaion submission.
Who is considered a amily member?
According o he law, amily members o hird counry ciizens
enering he counry are:
a. Spouses who are over he age o 18, as well as unwed
children under he age o 18 where here is shared cusody,
including children who have been adoped
b. Oher unwed children under he age o 18, o he oher
spouse, including children who have been adoped, provided
ha he applican is heir legal guardian.
Can my parens or my children who are over he age
o 18, accompany me (boh in he cases o sraegic
invesmens or in cases o real esae ownership in
Greece), and be included in he amily provision?
Wha abou he children who urn 18 during he
period when heir parens residence permi is valid?
No parens or adul children are included in he provision
above. Children who become aduls during he period when
he residence permi is valid will be graned a separae
residence permi.
Are unmarried parners eniled o a residence
permi?
The amily members do no include unmarried parners.
Can I ravel o oher counries wihin he EU wih he
residence permi or owners o real esae? Are here
any condiions relaed o his?
Yes. The residence permit and long-term visas are valid
as far as the free movement of the person in the Schengen
area is concerned. Any citizen who holds a long-term visa
(such as the residence permits for real estate owners)
which has been issued by a member state and are valid
for one year, are able to travel to other member states
for up to 3 months within a six month period, under the
same conditions which apply to the holder of a residence
permit, while they are also granted a right for multiple
entries.
Can he residence permi be considered as a work
permi? Can my spouse, he legal represenaive o my
company, my children, or mysel, work in Greece?
In no case does he residence permi provide access
o any tpe o employmen. Employmen, according
o paragraph 3, aricle 36A, o Law 3386/2005, does no
include he exercise o economic acivi in he capaci o a
shareholder or a Chie Execuive Ocer.
The amily members ha have been issued a residence permi
or he same duraion as he sponsor are similarly no graned
access o he employmen mare.
Does he residence permi give me he righ o apply
or ciizenship?
The years covered by he residence permi or real esae
owners are no aen ino accoun or he required years or
he graning o ciizenship o residens.
Does he amoun o 250,000 include he Value
Added Tax? Wha should he value o he invesmen
be i he ownership / sale documen include he name
o boh spouses?
The amoun o 250.000 reers o he price indicaed on
he conrac. In cases o join ownership o he real esae
proper by spouses, he residence righ is graned o boh
spouses.
Can I obain more han one piece o propert, heindividual value o which is less han 250.000, i he
combined value is equal or greaer han 250.000?
You are eniled o residency righs irrespecive o wheher
you own one or more properies, provided ha heir
combined value is equal o or greaer han 250.000.
Can I buy commercial propert or a combinaion o
commercial and residenial properies or land?
The law saes ha 250.000 mus be he saed price on he
conrac. I does no disinguish beteen commercial and
residenial properies.
Are here any resricions ha apply o he real esae
marke? (e.g. locaion, size in square meers, or oher
acors).
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There are resricions on properies locaed in border regions.
I should be noed ha as border regions are dened he
preecures o he Dodecanese, Evros, Thesproia, Kasoria,
Kilis, Lesvos, Xanhi, Preveza, Rodopi, Samos, Florina,
Chios, and he islands o Thera and Skros, as well as he
ormer regions o Nevroipi in he ormer preecure o
Drama; Pogoniou and Konisas in he preecure o Ioannina;
Almopia and Edessa in he preecure o Pella; and Sinii in
he preecure o Serres.
Individual or legal eniies, which are aeced by he
resricions above, can reques he lifing o he ban or heborder regions, along wih heir applicaion, which should
clearly sae he inended use or he proper. The decision o
lif he ban is made by he Miniser o Deence, ollowing he
submission o an applicaion.
Can I ravel in Schengen counries direcly, afer my
residence permi has been issued, rom my counry, or
do I need o rs come o Greece?
You can arrive o any Schengen counry you wish o.
Wha is he arrangemen regarding he access o
educaion and healh services? Can he children o heresidence permi holder aend a Greek public school?
The holders o he residence permi have access o public
educaion, analogously o ha o Grees. Regarding access
o healh services, hird counry ciizens and heir amily
members who all under he regulaions o he curren law,
mus have insurance ha covers heir healhcare and medical
care expenses.
Can I purchase a car wih Greek licence plaes or my
ransporaion needs in he counry?
Yes, under he specic regulaions o he Minisry o
Transpor, which apply o hird counry ciizens.
Can I ake a morgage ou on he propert in order o
receive a loan?
You can ae a morgage ou on he proper, in he same way
as Grees.
Is i required o he buyer o prove he source o heir
income?
The income o he applican mus be proven by
documenaion which proves heir capaci (e.g. Cericae
by class-A ceried ban or an ocial nancial insiuion or
oher recognised insiuions o sore bonds) and ceri he
exisence o ban accouns or oher ranserable securiies,
especially shares or bonds.
I 8 hird counry ciizens joinly buy a propert or
2.000.000, are all he join owners eniled o a
residence permi?
Yes, provided ha he amoun invesed by each one is
250.000.
Wha happens in he cases where someone arnishes
heir criminal record, eiher in heir counry o
origin or in Greece, during he period o when heir
residence permi is valid?
This leads o he revocaion o he residence permi.
I someone holds a long-erm Visa or a dieren
Schengen counry, does his Visa need o be cancelled
o obain a tpe D visa in Greece?
A Schengen visa by a dieren counry gives he applican
he abili o ener Greece and sele issues regarding he
purchase o he proper. The pe D visa is necessary or he
applicaion process as prescribed by he curren law, so i is
recommended ha applicans obain a pe D visa in advance.
A medical cericae mus be submied o he
consulae in he counry o origin o he applican in
order o obain a tpe D Visa. Does he applican also
need o undergo an addiional medical examinaion
in Greece in order o submi heir applicaion or he
residence permi?
Third counry ciizens who ener he counry wih a pe D
Visa, which has been issued in accordance o aricle 36 A o
Law 3386/2005, are exemp rom he requiremen o submi a
medical cericae in order o obain he residence permi, bu
hey provide a ceried and ranslaed copy o he equivalen
medical cericae which hey have already lled wih he
relevan consulae in heir counry o origin in order o obain
he pe D Visa.
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I oopratio STRY OF INTERIOR
InVeST In GReece S.A.
3, Mitropolos Str., 10557 Aths, Gr
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