To carry out an investment activity in Greece you need:
- a visa;
- the necessary residence permit;
- financial resources 250.000, 00 euro at least in capital;
- a business plan.
Where and how to apply? | Visa You must apply for a visa at embassy or consulate in your country of origin. Residence permit When you arrive in Greece and before your visa expires, you must apply for a residence permit for the purpose of investment activities. You must submit your application to the Ministry for Migration Policy. On submission of your application, the competent authorities will issue you with a certificate which will be valid for one year. If your application is still pending after one year, a new certificate will be issued and you will be informed of the reasons for the delay. |
Documents required? |
You must also provide:
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Duration of validity of permits? | Residence permits for the purpose of independent economic activities are granted for two years. Residence permits for the purpose of investment activities are granted for three years. They can each be renewed for the same period of time. |
Appeals? | Appeals against reasoned decisions must be submitted to an administrative court. Further appeals can be introduced before the Council of State. |
Further information? | More on visas |
Change of activities | You cannot change your activity but you can extend the activity. You can change the purpose of your activity two years after entry into Greece, and at any time after your permit has been renewed, provided that you can prove that you have discontinued the original activity. |
Long-term residence | There are two types of permanent residence permits in Greece ? a ten-year residence permit and a long-term residence permit. |
Ten-year residence permit | If you have resided in Greece continuously and legally for ten years and are over 21 years you may obtain a ten-year residence permit, renewable for periods of ten years, provided that your continuous stay in the country has not been interrupted for two consecutive years. You must submit your application, generally to the authority that issued your previous residence permit, and meet all necessary conditions. On submission of your application, the competent authorities will issue you with a certificate which will be valid for one year. If your application is still pending after one year, a new certificate will be issued and you will be informed of the reasons for the delay. Your application must be accompanied by:
With a ten-year residence permit, you can immediately access the labour market for any type of job. You can change employers or types of job at any time. Unemployment does not affect the validity of your permit. Appeals against reasoned decisions may be submitted to an administrative court. Further appeals can be introduced before the Council of State. |
Long-term residence permit | If you have resided in Greece lawfully and continuously for five years before submitting your application, you can apply for a long-term residence permit. You will still be able to apply for this status if you were absent from Greece for less than six consecutive months and/or 10 months during this five-year period. You must submit your application, generally to the authority that issued your previous residence permit, and meet all necessary conditions. On submission of your application, the competent authorities will issue you with a certificate which will be valid for one year. If your application is still pending after one year, a new certificate will be issued and you will be informed of the reasons for the delay. Certificates proving that an application for a residence permit has been submitted and is pending will be valid until 30 September 2012. You must prove:
Long-term resident status is granted for five years and is renewable for periods of five years. Your application must be accompanied by:
A long-term residence permit provides access to paid or unpaid work. You can change employers or types of job at any time. Unemployment does not affect the validity of your permit. |
No information available at the moment.