According to the Global International Ranking 2024, citizenship of the Greek Republic ranks fifth among “strong” documents. The special status in Greece gives you the chance to channel your assets into more profitable activities and ensure long-term prospects for yourself and your family. This program is in demand among owners of impressive assets and financial resources. Every year, thousands of Israelis immigrate to Greece.
Greece is famous for its cultural heritage, beautiful scenery, unique landscapes, mild and comfortable climate and the hospitality of the local population. Greece residency by investment for Israelis is a unique opportunity to discover new areas of activity, plunge into an oasis of comfort and coziness and enjoy a high standard of living.
Overview of Greek Golden Visa Program
The official Greek project “Golden Visa” is a popular way to immigrate to other countries by investing in different areas of the country. Participants of the program who wish to implement this method of relocation can choose one of the proposed ways. These include:
- purchase of real estate of commercial or residential type;
- purchasing government securities;
- opening a bank deposit;
- financing a company that is registered in Greece.
Each of the above options is available under the Greece golden visa program for Israeli. According to recent updates, the transfer value for the purchase of real estate is half a million euros. This amount is distributed among regions such as: the municipality of Thessaloniki, the islands of Mykonos and Santorini, the central and southern sectors of Athens in the Attica region. In other territories of Greece, it is possible to purchase different types of properties for a lower amount. Depending on the type of real estate, costs can range from 250 thousand euros.
Temporary residence permit in this state is issued immediately for a period of 5 years. After that, the owners of the coveted document will extend it for the same time period. Special status can be obtained not only by the main participant of the project, but also by his close family members.
Investment Options for Citizens of Israel
Citizens who are from EU countries can stay in Greece for 90 days without a special residence permit. It is also worth noting that citizens of Israel may not start the process of visa registration, as according to the law they do not need it. If the applicant of this project plans to obtain a Golden visa, to stay and conduct legal activities in the country for a long time, he should collect a certain package of documents, provide bank accounts for solvency, health insurance and the fact of availability of housing or rental agreement.
Greek rp for citizens of Israel is possible through the acquisition of real estate, where the cost is from 500 thousand euros. Thus, the candidate for a “strong” document guarantees himself security, a reserve airfield and the ability to travel anywhere in the world at any time. The waiting period for a satisfactory result is from 70 to 90 calendar days. The applicant does not need to make an urgent trip to confirm the data and make the purchase. The project participant can visit Greece once and enjoy the preferences of the host country on a permanent basis. If the applicant wishes to sell the property, he/she may do so after the expiration of the issued documents.
Key Benefits for Citizens of Israel
Of course, everyone who plans to move to a particular country carefully analyzes the benefits of this place to live. To the main pros of special status in Greece for citizens of Israel can be attributed:
- remote purchase of residential and commercial type objects;
- after obtaining a Golden Visa, Israelis can, at their discretion, reside in the country on a permanent basis or come as a vacation;
- Receive passive income from 4% to 6.5% per year;
- Receive a state residency card for 5 years immediately after the purchase;
- 7 years after the real estate transaction, you can apply for a passport.
A Greek residence permit for Israelis is not difficult to obtain if you contact the best Immigrant Invest specialist Zlata Erlach. She will advise you on all the nuances, the specifics of document collection, the process and duration of participation in the project, the timing of obtaining a “strong” document and the chance to find a safe place for the entire family of the applicant.
The Bottom Line
If your goal is to acquire a purchase worth hundreds of thousands of euros, we recommend using the services of Immigrant Invest agency, which employs specialists in the field of immigration for investment. Employees of the firm have many years of experience in this field and accompany investors at all stages of participation in the program. The company’s clients can count on individual advice on what the passport power, what is required for this, and what prospects will follow. For preliminary consultation and assessment of chances for a positive result, it is worth contacting specialized specialists by leaving an application on the official website of the company. It is easy to immigrate with the help of a trusted agency.
