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The most popular golden visa in Europe: speed up the processing of permanent residence in Greece!

label: 2021-11-18

According to Decision No. 374365/2021 of the Ministry of Immigration and Asylum of Greece:

From November 16, 2021, all residence permits, residence cards and permanent residence cards issued to citizens of third countries will be completely updated electronically.

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Implemented from November 16, 2021, the approval of permanent residence in Greece will be accelerated again

The applicant only needs to confirm the user's identity online. Lawyers who are authorized to submit residence permits will submit their applications through the relevant electronic platform of the Greek Bar Association.

The electronic application will be submitted directly to the Ministry of Immigration and Asylum of Greece and relevant agencies. It can further increase the approval rate and shorten the waiting time.

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After completing the application processing, the Ministry and relevant agencies will send an electronic application to the applicant for identity verification, and collect personal biometric data, namely fingerprints, at a designated time.

According to official estimates, this new service will benefit at least 700,000 Greek visa holders, of which approximately 250,000 have residence permits that expire on December 31, 2021.

For the materials and precautions required to apply for and update the residence permit in Greece, please consult the professional team of Xingyunhai International.

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According to the latest data from the Ministry of Immigration and Asylum of Greece, the number of residence permits is increasing. From the beginning of 2021 to the end of October, 747 5-year "golden visas" have been issued. Greece once again surpassed other European countries to become the most popular "Golden Visa" program!

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Greece Golden Visa Approved Volume in 2021

At present, the Greek Ministry of Immigration and Asylum has opened a special channel for golden visa approval, which greatly improves the efficiency of application. Therefore, those who intend to invest in Greek real estate to obtain status can start to act. From the data, it can be very intuitive to show that overseas investors have begun to return, and the epidemic is no longer the reason for blocking investment activities.

Since the start of the Golden Visa program, Greece has issued 9322 residence permits to overseas investors, and if family members are included, a total of 27,944 residence permits have been issued.

The total investment in the Greek real estate market through this project is approximately 2.33 billion euros.

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Greece Golden Visa Full-time Approval Volume

It is foreseeable that as countries around the world successively open their border policies from the end of the year to the beginning of next year, the suppressed willingness to invest overseas will usher in an explosive rebound. The Greek Golden Visa program is recovering rapidly in the current global economic environment, and it will bring more confidence to investors!

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