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Permanent Residency in Greece for Investors and Financially Independent Individuals Overview From Onlyfans Model

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As an OnlyFans model, I’ve always been drawn to beautiful places, and Greece is definitely one of them. With its stunning landscapes, rich history, and vibrant culture, it’s no wonder that Greece has become a popular destination for real estate investment. From January to September 2023, investors poured €1.64 billion into Greek real estate, marking a 29% increase compared to 2022. If you’re considering making Greece your home, here’s everything you need to know about obtaining permanent residency.

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Key Conditions for Applicants

To qualify for permanent residency in Greece, foreign nationals must meet the following criteria:

  • Be over 18 years old.
  • Not be a citizen of the European Union.
  • Reside in Greece for 5 years with a residence permit.
  • Not leave the country for more than 183 days in a year or more than 10 months in total during the entire period.
  • Have no criminal record.
  • Have a legal source of income.
  • Have a basic understanding of the Greek language and culture.
  • Hold medical insurance in Greece.

Permanent residency is granted for life, allowing you to live and work in Greece and travel to other EU countries for up to 90 days within a 180-day period. This status also provides access to social benefits and the opportunity to apply for Greek citizenship in the future.

How to Obtain Residency in Greece Through Investment

Investors can obtain a residence permit by purchasing real estate valued at €250,000 or more. This permit is valid for 5 years and can be renewed indefinitely. Properties can be rented out long-term, and if an investor decides not to renew their residency status, they can sell the property after 5 years and recoup their investment.

However, the investment threshold will increase to €800,000 in high-demand areas such as Thessaloniki, Mykonos, Santorini, and Attica. For other regions, the minimum property value will rise to €400,000. The €250,000 threshold will remain only for properties that require renovation or conversion into residential units.

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Examples of Real Estate in Greece

  • Maleme, Crete: €312,000 — €615,000 for a residential complex with villas and apartments (57 m² — 99 m²).
  • Chania, Crete: €418,000 — €865,000 for classic-style villas with sea views (109 m² — 213 m²).
  • Kissamos, Crete: €1,250,000 — €2,200,000 for traditional-style villas on the beachfront (132 m² — 258 m²).

The most expensive cities for real estate in Greece include Athens and its suburbs, the Cyclades, Lefkada, and Kefalonia, with prices ranging from €2,200 to €3,600 per square meter. Coastal areas start at €800 per square meter, and the average cost of residential properties in the country has increased by 10.4% in 2023.

Residency for Financially Independent Individuals

Financially independent individuals can obtain a temporary residence permit in Greece for 2 years, with the possibility of extending it for another 3 years. The applicant’s income must be at least €2,000 per month, with additional amounts for spouses and children.

To qualify, applicants must also open a bank account and transfer at least €48,000. The amount increases with additional family members. Purchasing or renting property in Greece is also a requirement, but there are no restrictions on the cost of the property.

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Residency for Digital Nomads

Digital nomads can obtain a residence permit in Greece for 1 year, extendable for 3 years. The minimum income requirement is €3,500 per month after taxes. Family members can also receive residency, but the income requirement increases accordingly.

Required Documents and Additional Costs

The standard document package for residency includes:

  • Passport
  • Passport-sized photos
  • Medical insurance in Greece
  • Proof of income or bank statements
  • Payment receipts for fees
  • Lease or purchase agreement for property
  • Criminal record check
  • Medical certificate confirming no dangerous diseases

Conclusion

Greece is not just a beautiful place to visit; it’s also an attractive option for those looking to invest in real estate and secure a permanent residency. With its rich culture, stunning landscapes, and welcoming atmosphere, it’s no wonder that so many people are choosing to make Greece their home. If you’re ready to start your journey toward residency in Greece, consider reaching out to experts in investment programs to guide you through the process.

My links: https://linktr.ee/rundalya

Let’s embrace the Mediterranean lifestyle together! 🌊🏖️

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