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The Greek government announces the new version of the Greek \"residency by investment\" law with citizenship possibility. Posted on: 19-11-2014

The new law be renamed to “Permanent residence permit for investors”.
With the new amendments, the new residency permit law of Greece becomes
one of the most attractive in the world.

Main characteristics :
• Minimum investment amount 250,000 Euros per family, the cheapest program in Europe.
• [NEW] The Investors will now have the legal right to apply for both permanent residence and citizenship.
• [NEW] The investor may bring along the parents and the spouse’s parents.
• The investor may bring along spouse and children (up to 21 years of age).
• [NEW] The investor will be able to sell his/her property to another foreign citizen, and transfer the residency permit together with the property.
• There is no need for the investor or the family members to stay in Greece to maintain the residency right.
• The investor may establish his/her own business in Greece.
• The residency permit holder can travel freely to all Schengen countries. He can also travel directly from his country without the need to come to Greece first.
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