The NEW Best Country to Invest? Why Thousands Are Flocking to Greece | Summary and Q&A

TL;DR

Greece's Golden Visa program offers a straightforward path to citizenship through a €250,000 property investment, making it an attractive option for investors.

Key Insights

• 💄 The Greek Golden Visa program has been elevated to investment grade status, making it an appealing option for investors.
• 🛀 Chinese investors have shown a significant interest in the program, with over 10,000 investments made.
• 🔬 Investing in Greece offers the opportunity to explore beautiful regions like Crete or the Peloponnese.
• 🤱 The program requires a minimum investment of €250,000, in addition to taxes and lawyer fees.
• 🫒 Greece's Golden Visa program provides a straightforward path to citizenship for investors who live in the country and learn the Greek language.
• ✋ Investing in higher-value properties in Greece can ensure a better return on investment and meet personal standards.
• 🈸 The application process for the Golden Visa is relatively quick, although there is currently a backlog of over 10,000 applicants.
• 🇬🇷 Investors from various nationalities can apply for the Golden Visa, except for those from sanctioned countries or countries that Greece does not want.
• 🍆 Greece's Golden Visa program can serve as a plan B or an alternative residence option for those seeking to escape high-tax countries.
• ✋ The Greek non-dom regime requires a higher investment of around €500,000 to qualify for the lumpsum tax program.
• 👻 Greek residency obtained through the Golden Visa program allows for easy property management, such as renting or Airbnb hosting.

Transcript

we got good news for Greece recently SNP elevated their status from junk to investment grade does that mean you need to start investing in Greece let's analyze the Greek golden Visa a program that thousands of millionaires all over the world are investing in mainly from countries like China Chinese investors over 10,000 of them have invested into G... Read More

Questions & Answers

Q: How does the Greek Golden Visa program work?

The program allows investors to obtain residency and eventually citizenship in Greece by investing a minimum of €250,000 in property. It requires a few documents, such as birth certificates and marriage certificates for family members.

Q: Can investors apply for the Golden Visa if they have a Russian spouse?

Yes, the program accepts applicants from any nationality as long as they are not sanctioned or from a country Greece does not want. Russian spouses or family members can be included in the application as long as they are not the main applicant.

Q: Are there any restrictions on where to invest in Greece for the Golden Visa?

Investors can choose to invest in various regions like Crete or the Peloponnese, with a minimum investment of €250,000. However, investing more, around €350,000 to €400,000, ensures a higher value property that meets personal standards.

Q: Can investors obtain The Residency without being present in Greece?

Yes, investors can have a lawyer handle the property purchase and residency application on their behalf. They only need to spend one day in Greece within a five-year period to maintain their residency status.

Summary & Key Takeaways

• The Greek Golden Visa program has attracted thousands of investors, particularly from China, offering a simple and easy process for obtaining residency and eventually citizenship.

• Investors can choose to invest in regions like Crete or the Peloponnese, with a minimum investment of €250,000, plus taxes and lawyer fees.

• The program allows for property scouting and investment from outside Greece, but attending Greece in person can make the process smoother and faster.