It is his/her responsibility to process and certify the transaction. Your accountant will help with this. Thinking of selling your property? The decree, which makes life easier for tens of thousands of European expats residing in Greece, was signed by President Karolos Papoulias and published in the Government Gazette on June 21. This must be filed in conjunction with the basic Income tax E1 form. Non EU Citizens Non-EU citizens may enter and remain in Greece for up to 3 months. According to the Law "Creation of a Development Friendly Environment for Strategic and Private Investments" (4146/2013) there is added a new paragraph in the Greek Immigration Law, which mentions that there can be granted a residence permit to citizens of countries not members of the European Union, who want to invest on buying or renting property worth more than 250.000 Euros. Based on the above, it is possible to obtain a residence permit in Greece, if the foreigner (third-country citizen) and the Greek or EU citizen enter into a civil partnership. Yes. It is not a work permit. Copyright © 2008 - 2019 CreteProperties4U.com. United Kingdom citizens and their family members, irrespective of nationality, who are permanent residents of Greece, will have an established right of residence in the country after the end of the transitional period of the EU-UK Departure (Brexit) Agreement.. In the case of jointly owned property, worth 250,00… In 2013, the Greek government passed a new law which gives non-EU nationals and their family members a residence permit when buying property with a value of €250,000 or more. A residence/work permit grants permission to stay in a country beyond a visa’s validity, a document or sticker given to someone who fulfilled requirements and legally lives and/or works under the laws and regulations of the country that issued it. You should apply to the local (Greek) tax office, with your passport/ID and sometimes birth certificate. You or your appointed representative should clarify this at the earliest opportunity. +30 28320 31530 • info@creteproperties4u.com, Greek Government offers residence permits to non-EU citizens who buy real estate in Greece. On 1 January 2021, the rules for EU citizens living in or moving to the UK will change. Non-EU nationals who enter Greece after January 1, 2021 as family members of a UK national eligible for residence under the Withdrawal Agreement can apply for a residence permit within three months of arrival. RESIDENCE RIGHTS of UK citizens in Greece. Citizens From Non-European Union Countries (Including the U.S., Australia, and the U.K) Short Term Residency in Greece As of 2020 and barring the COVID-19 travel restrictions, if you are a U.S., U.K., or Australian citizen, you can come to Greece for 90 days without a special visa. Among other things this account shows that the money has come from an external country; and so is not subject to local taxation. Opening an account is usually easy. Once the non - EU citizen acquires a residence permit in Greece, then is allowed to live in Greece, exit and re-enter Greece any time without a visa and travel to all Schengen countries without further documentation other than passport. are not an EU citizen however, the process to get your residence permit involves some more paperwork. Greece introduces new residence permits for EU and non-EU nationals living in the country. You can, of course, pay in person at the relevant office. Anyone owning a property in Greece is legally bound to file annually an E9 form with the Greek tax authorities. The building industry on Crete is subject to EU regulations and standards. The Notary Public is a lawyer who represents the Greek government in the property purchase transaction. Non-EU citizens can apply for a long term EU-wide residence/work permit if they can prove that they have been living and working in Greece for five continuous years with a valid Greek residence/work permit. If you don't actually have an income in Greece you should enter "0" income in the E1. Questions and Answers – the rights of EU and UK citizens, as outlined in the Withdrawal Agreement. EU citizens enjoy their full rights and privileges, including the right to establish residency, buy property, open a business and work in Greece. You can purchase property in joint name, with spouse and/or other third parties, in the names of children, legal heirs or a company. In more details: By decision of the General Secretary of Decentralised Administration, a residence permit for five (5) years is issued to a third-country citizen, if he/she has obtained a visa, if required, and legally owns, either personally or through a legal entity whose shares are wholly owned by him/her, property in Greece, or has, at minimum, a ten-year time-sharing contract under Law 1652/1986: \"Time-Sharing and Regulations on Related Issues\" (A' 167) as applicable, or a 10-year lease of hotel accommodations or furnished tourist accommodation (houses) in tourist accommodation complexes according to Article 8, par. The same applies to UK nationals living in or moving to an EU country. You can also read our Greece travel advicefor our latest guidance. Generally, these can be paid by standing order by your bank. A worker from a non-EU country must first obtain a visa to enter Greece and then apply for the residence/work permit once in Greece. According to article 20 of Law 4251/2014 (Immigration Code), citizens of third countries (non-EU) who are economically independent persons are eligible to obtain a residence permit in Greece if they have sufficient resources at a fixed annual income level to cover their living expenses, without having any work or independent economic or investment activity in Greece (high income pensioners etc. (First successful sale to Chinese citizen, client of our office, has taken place in Rethymno, Crete) Greece can grant residence permits, for Non-EU citizens and their families with the acquisition of property worth more than 250.000 Euros. The Withdrawal Agreement calls for the issue of a new residence permit document by EU member-states that will certify the new residence status of UK citizens and their family members. U.S. citizens married to European citizens may apply for a Greek residency permit. Residence permit is transferable to a new Investor (but the original Investor’s rights cease to exist), The investor has the right to obtain Greek citizenship, Process for granting a residence permit for investment activity, Your first steps in buying a property in Crete, Booking and making the most of a viewing trip. All Rights Reserved. The Greek Immigration Code (Law 4251/2014) provides the possibility of granting a residence permit to third-country (non-EU) nationals who are family members of a Greek citizen. You can apply from now until 30 June 2021 for an EEA Family Permit to enter the UK if you’re the unmarried partner of an EU, EEA or Swiss citizen. We offer a 1 to 1 personal service ranging from answering simple pre purchase questions to arranging property viewings as well as answer questions on Greek law and relocation services. Your appointed solicitor can make the application on your behalf, if you have granted him/her Power of Attorney. Greece can grant residence permits, for Non-EU citizens and their families with the acquisition of property worth more than 250.000 Euros. UK Address: A Place in Crete, The Gate, Keppoch Street, Roath, Cardiff, CF24 3JW, Crete Office: 0030 6986597405 Once we have received your form we will then contact you to confirm all your details and that all your questions are answered, we can then meet you at the office in Rethymno or at an agreed place/time to book your viewings. Non-EU Citizens. The period of residence, under these specific conditions, is not taken into account in cases of granting citizenship to said residents. The residence permit is valid throughout Schengen. If you have right of abode, you don't need permission under the immigration rules or EU law to live in the UK. Greek Government offers residency permits for non-EU nationals that buy real estate in Greece with a minimum value of 250,000 Euros. Greek Government offers residence permits to non-EU citizens who buy real estate in Greece. Advantages of Residence Permit. The residence permits do not allow a right to employment of any type. Check-up of title deed ownership is done every 5 years. Owning a home is a keystone of wealth… both financial affluence and emotional security. The contracts must be signed in the presence of the Notary who must be happy that they have been read and understood by all parties. The permits will enable the holders, their spouses and children under the age of 18 to freely travel-though not work-in the Schengen area for three consecutive months at a time. Crete Properties For You | Plakias - Rethymno - Crete - GR 74060 | Office: +30 2832031530 | Mobile: +30 6944351420 | Email: info@creteproperties4u.com. Yes. Cookie Control A much-delayed law that eliminates the residence permit requirement for non-Greek, European Union citizens living and working in Greece has finally come into force. Each bank or financial institution may have its own stipulated requirements of the applicant; but generally, with your passport/ID, you will need to provide proof of earnings (P60's, payslips or tax returns if self employed) for 2-3 years. Not necessarily. The transitional period comes to an end on December 31. Every EU member state has different rules and regulations in place for non-EU citizens wishing to live and work in their country. If you move out of that country, you become a resident and worker of whatever country is … The Greek Immigration Code (Law 4251/2014) provides the possibility of granting a residence permit to third-country (non-EU) nationals who are family members of a Greek citizen. Yes. 2 of Law 4002/2011 (A' 180). Adhesive labels in passports and all other kinds of paperwork relating to foreign nationals living in Greece are to be scrapped and replaced by a new, electronic residence permit that … Many are not as stringent as Greece, while others more so. We have successfully helped clients from the UK and all over the world secure their dream home. A much-delayed law that eliminates the residence permit requirement for non-Greek, European Union citizens living and working in Greece has finally come into force. Greece can grant residence permits, for Non-EU citizens and their families with the acquisition of property worth more than 250.000 Euros. These foreigners can get permanent residency in Greece, provided that they are staying in Greece. If the ownership status of the property remains unchanged the residence permit might be renewed for five years. ). In 2013, the Greek government introduced the possibility for non-EU citizens to obtain a residence permit by investing an amount of €250,000 or higher in Greek real estate. Once the non-EU National acquires a residence permit in Greece, then he is allowed to live in Greece, exit and re-enter Greece any time without a visa and travel to all Schengen countries without further documentation other than his passport. EU citizens enjoy their full rights and privileges, including the right to establish residency, buy property, open a business and work in Greece. Upon your arrival in Greece, you should apply for the residence permit at the Decentralized Administration Office of your area of residence prior to the expiration of your visa. For non-EU Nationals, there is now the possibility to acquire a Permanent Greek Residence Permit under the extremely attractive provisions described below. A brief guide to a Golden Visa residence permit. You still need to be registered and hold a beige or blue residence certificate before the end of 2020 in order to exchange it for the new biometric permit in 2021. You need a Greek bank account for the transfer of funds. These foreigners can get permanent residency in Greece, provided that they are staying in Greece. Our dynamic team manages the entire sales process for our property sellers, advises on the most effective marketing strategy and manages the legal process once an offer has been accepted. Non- EU citizens having adequate resources at a level of steady annual income for the coverage of their living expenses may apply for a 2- year residence permit. It will be compulsory to apply for the new biometric permit in 2021 as without it you will not be allowed to remain in Greece for longer than 90 days in any 180 day period. Law 4653/2020 which was published at the Official Gazette on 24/01/2020, introduced the possibility for non- EU citizens desiring to study the Greek language, to apply for a residence permit valid for up to one year.. A thorough property title search here will uncover any/all extra hidden claims, covenants or charges attached to the property; it will also confirm the proper previous transfer of the property. EU citizens Generally speaking, all EU citizens have the right to purchase property in Greece/Crete. However, depending on their nationality, a visa may still be required to enter Greece. are not an EU citizen however, the process to get your residence permit involves some more paperwork. In order for non-EU citizens to qualify for a Greek visa and residence permit* to retire or otherwise live in Greece without working for an employer in Greece, these basic requirements must be fulfilled: — A total of 2,000 euros/month in proven, consistent income; or … The residence permits are renewed every five years, as long as the non - EU citizen keeps the ownership of the property. Valid for five years and open to renewal, the residence plan follows similar measures adopted by Hungary, Spain and Portugal in the past. The Investment can be Any Property Asset (i.e. We use cookies to give you the best experience whilst using our website Non-EU citizens Generally, Non-EU citizens have the right to purchase property in Greece/Crete. Other close family members will … You must appoint a Notary or you will not be able to legally purchase a property. a residence permit with a biometric chip (known as a 'biometric residence permit') You will not be able to apply to the EU Settlement Scheme if you already have 'right of abode' in the UK. Family reasons accounted for almost 28% of all first residence permits issued in the EU in By decision of the Secretary General of the Decentralized Administration, residence permit for five years, subject to renewal, is granted to a third country national who: (a) has legally entered the country with any type of visa or legally resides in the country, even if the type of residence permit that he possesses, does not permit change of purpose. Residence Permit for Non-EU Citizens Greek Government offers residency permits for non-EU nationals that buy real estate in Greece with a minimum value of 250,000 Euros. Process of sponsoring a non-EEA worker. Passports of non EU Nationals must be valid for at least three months after the period of intended stay. It is not a work permit. The initiative, comes in response to strong demand from Arab, Chinese and Russian investors and is anticipated to give a great boost to the property market. You will need to show your passport/ID and tax registration. I have permanent residence in the UK/EU or will acquire it during the transition period In this case, the period of residence is not relevant. The Investment Required to obtain the “Golden Visa” is €250.000. Check with your Embassy regarding visa restrictions, residence and work permits. Residence Permit Greece (FIP Visa) Eligibility Requirements EU citizens enjoy their full rights and privileges, including the right to establish residency, buy property, open a … Such individuals may be accompanied by members of their families to whom a personal residence permit is granted. For details of current regulations, contact the Greek consulate or embassy in your home country. The aforementioned residence permit may be renewed for the same duration (five years), if the property remains unchanged in its legal ownership status as described above and the contracts of ownership remain in effect, and other statutory conditions detailed above are met. Upon your arrival in Greece, you should apply for the residence permit at the Decentralized Administration Office of your area of residence prior to the expiration of your visa. Beneficiaries of the right to enter and obtain a permanent residence permit under this program are: - non-EU/EEA citizens who, as individuals, invest in Greece in securities or a bank deposit, - non-EU/EEA citizens who invest in Greece in securities or a bank deposit through a domestic legal entity of. The number increased by 0.4% (or 13 000) compared with 2017, continuing the upward trend observed in each of the three previous years. houses, plots, land, shops, offices etc.) If you wish to discuss any of the above then please call us on FREEPHONE 0800 010 6038. If you wish, your solicitor can sign on your behalf if you have granted him/her Power of Attorney. 2. Article 20 of Greek Law 4251/2014- Greece Residence Permits for Financially Independent Persons (FIP Visa) Who can apply for the FIP Visa and obtain a Residence Permit in Greece? There is no set figure for this; but it is generally prudent to budget for an additional 9 - 12% as a guide for total purchase costs. Citizens From Non-European Union Countries (Including the U.S., Australia, and the U.K) Short Term Residency in Greece As of 2020 and barring the COVID-19 travel restrictions, if you are a U.S., U.K., or Australian citizen, you can come to Greece for 90 days without a special visa. Residence Permits for Non EU citizens Greece can grant residence permits, for Non-EU citizens and their families with the acquisition of property worth more than 250.000 Euros [Read more]. RESIDENCE PERMIT IN GREECE, EUROPE, EU 2021 After the purchase of real estate in Greece, anyone has the opportunity to issue a residence permit. Closing costs include all legal expenses, fees and taxes. 1. Note that, under the Law 4356/2015, it is now possible for same-sex couples to enter into a civil partnership too. Greece sits somewhere in the middle when compared to other EU countries for those willing to retire and the paperwork involved. At the end of 2017, there were 20.3 million valid residence permits granted to non-EU citizens permitting them to reside in one of the European Union (EU) Member States. investor permit, permit for dependent work, as an EU blue card holder, other special residency permits) for third country nationals, as provided by Greek law. In addition there are strict local regulations for earthquake protection. Send request. The EU directive on family reunification (Council Directive 2003/86/EC) decrees that the non-EU family members (spouses and children) of EU nationals and Greek citizens have an automatic right to residence and work. To arrange to book viewings please complete the form below or telephone us on 0800 010 6038 with your details. Duration Of Permit is PERMANENT (provided that the property ownership is maintained). In this case, the period of residence is not relevant. For more information feel free to contact us. *Image Credit: Eurokinissi. Germany (23%), Italy (18%), France (14%), Spain (13%) and the United Kingdom (8%) accounted for three quarters of all valid residence permits granted to non-EU citizens. He/she will draw up all the necessary legal documentation. It is therefore prudent to insure your new property in the standard manner against fire, water damage, storm damage, earthquake, theft and third party. In 2013, the Greek government introduced the possibility for non-EU citizens to obtain a residence permit by investing an amount of €250,000 or higher in Greek real estate. It takes no time at all, and you are not required to make an opening deposit on the day. The residence permits are renewed every five years, as long as the non - EU citizen keeps the ownership of the property. In order for an employer to sponsor a work permit for a non-EEA nationals, it is necessary first to … Non- EU citizens having adequate resources at a level of steady annual income for the coverage of their living expenses may apply for a 2- year residence permit. All property titles are held, and all encumbrances registered, there. Becoming a resident of Greece as a Non-EU citizen is a relatively lengthy process that involves some bureaucracy. (b) has personally the full ownership, possession and peaceful enjoyment of real estate property in Greece. Anyone purchasing a property is required to have a Greek Tax Registration Number. This must always be done as part of the transactional process. If you continue to use the website you agree to our use of cookies. By joint decision of the Ministers of Interior and Finance, the value of the above-mentioned property may increase or decrease, and will be determined in accordance with the stated prices of the sale documents of the properties, or leases as per their contracts, or as determined by ministerial objective values. Your lawyer is also responsible for carrying out the necessary legal surveys and property title search. Persons eligible are Investor’s spouse, children below 21 years of age and then renew till 24 (and afterwards have the right to enrol in Greek university and extend further), Parents of Investor and Parents of the spouse. Not necessarily. The aforementioned third-country citizen (property owner) may be accompanied by the members of his/her family, as specified under paragraph 1 of Article 54 of Law 3386/2005. It does not require a stay in Greece for a certain period. Yes. In 2018, about 3.2 million first residence permits were issued in the European Union (EU) to non-EU citizens. It is not the purchase price of the property; generally being significantly lower than that. A brief guide to a Golden Visa residence permit. Property is filed under the owner's name; lawyers/attorneys are entitled to check under the name of any individual or organisation. Email: info@aplaceincrete.co.uk, Copyright © 2017 All Rights Reserved | Privacy Policy | Terms of Use. You should also bear in mind that you must be able to pay all closing costs before the bank will release any funds. Residence Permit for Non-EU Citizens Greek Government offers residency permits for non-EU nationals that buy real estate in Greece with a minimum value of 250,000 Euros. It is highly recommended to have legal representation throughout the transaction. The minimum value of the property and the contract price of the time-share leases and the leases for hotel accommodations or tourist furnished accommodations (houses) in tourist accommodation complexes, according to this Article, shall be two hundred fifty thousand (250,000) Euros. Becoming a resident of Greece as a Non-EU citizen is a relatively lengthy process that involves some bureaucracy. The second Greek residence permit option is available to persons investing in real estate who fulfill … This particular permit is only available to individuals who are not of Greek or European descent and are not married to a Greek or EU citizen. The Registry of Mortgages is the State authority charged with securing property ownership. The Tax Objective Value of a property is assessed by the Greek tax authorities for the purpose of levying taxes. U.S. citizens married to European citizens may apply for a Greek residency permit. Under these rules you may be eligible for a specific residence permit (e.g. (First successful sale to Chinese citizen, client of our office, has taken place in Rethymno, Crete). Upon their own request, family members may be granted a personal residence permit that is renewed and/or expires concurrently with the residence permit of the sponsor (property owner). If the ownership status of the property remains unchanged the residence permit might be renewed for five years. OR a combination of assets i.e. Greek Law 4604/2019.. On 19 March 2019, the Hellenic Parliament approved Law 4604/2019 (published in the Official Government Gazette /ΦΕΚ’ 50/A/26-3-2019) which guarantees, in articles 123, 124, 125, 127 and 128, UK citizens’ rights in Greece after the withdrawal of the United Kingdom from the European Union. In 2013, the Greek government passed a new law which gives non-EU nationals and their family members a residence permit when buying property with a value of €250,000 or more. More details at the official site of Invest in Greece Agency with the new immigration law translated in English: click here. Mobile: 0044 7716 566 027 plot with a custom built villa or building etc. You should follow the advice of the Greek Government and your local authority. The permit is issued in 10 working days for properties in Greece with the exception of Santorini, which takes 3 months. which they hold all corporate shares, Price of the Greek tax Registration Number ) to non-EU citizens have the right to employment any... 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