The duration of a Greece Golden Visa is tied to the investment made by the applicant. The initial residency permit obtained through the Golden Visa program is valid for five years. After the initial five-year period, the permit can be renewed for subsequent five-year periods, as long as the investment is maintained and the applicant continues to meet the program requirements.
It’s important to note that the Golden Visa program requires the investor to maintain the investment for the duration of their residency in Greece. For example, if the investment is in real estate, the property must be owned and maintained by the investor throughout the residency period.
Additionally, it’s worth mentioning that maintaining residency in Greece for a certain period of time can potentially lead to eligibility for Greek citizenship. The specific requirements and timeline for citizenship vary, and it’s advisable to consult with an immigration lawyer or specialized service provider for detailed information regarding the path to citizenship.
Overall, the Greece Golden Visa offers a pathway to long-term residency in the country, with the possibility of renewal and eventual eligibility for citizenship, providing a range of benefits for investors and their families.
