Greece expands options for Golden Visa program

Source: Xinhua| 2019-11-15 07:02:09|Editor: Wang Yamei
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ATHENS, Nov. 14 (Xinhua) -- Greece on Thursday offered more options to non-EU citizens who want to get the so-called Golden Visa from the country.

According to a new joint ministerial decision, third-country citizens who invest at least 400,000 euros (440,000 U.S. dollars) in a Greece-based company are eligible to get a five-year residence permit, Greek national news agency AMNA reported.

Those who invest in shares or bonds worth at least 400,000 euros are also eligible for the golden visa.

Since the launch of the Golden Visa program in Greece in 2013, residence permits were offered to non-European Union nationals investing in real estate properties of above 250,000 euros (280,800 U.S. dollars) value, as well as their family members.

According to latest data from the Ministry of Migration, the total number of residence permits granted to investors, since the start of the program in 2013, stands at 5,302.