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Travel

Greece Citizenship by Investment: How to Safely Use Real Estate to Get Your European Passport

Estimated read time 3 min read

For those seeking European citizenship via real estate, Greece has become one of the most appealing locations for investors. Greece presents a convincing investment possibility for those looking for a second passport with its strategic position, breathtaking scenery, and proximity to the European Union. The criteria, advantages, and procedures to get greece golden visa properties by means of real estate investment are investigated in this paper.

Residency-by-Investment Program of Greece

Greece has a Golden Visa Program, which gives international investors who buy real estate there residence, even though it does not explicitly offer citizenship by investment. Investors could seek citizenship after staying resident for a designated term. Requiring low real estate investment, this scheme is among the most affordable choices available in Europe.

Minimum Purchase Need

Usually in most areas, an investor must buy property valued at least €250,000 to be eligible for the Greek Golden Visa. But in certain desirable locations, including Athens, Thessaloniki, Mykonos, and Santorini, recent revisions have raised the minimum investment to €500,000.

Timelines of Residency and Citizenship

  • Once the acquisition of the property is finished, residency is given in a few months under Golden Visa approval.
  • The visa is good for five years, so it may be renewed as long as the investment is kept.
  • After at least seven years of residence in Greece, investors can apply for Greek citizenship, providing they satisfy the residency and integration criteria, which include language ability and cultural awareness.

The advantages of Greek citizenship

  • European Union Access: Greek citizenship provides visa-free travel to more than 180 countries and unfettered access to every EU member state. This qualifies this passport as beneficial for worldwide movement.
  • Right to Live, Work, and Educate Inside the EU: Greek residents have great possibilities for families looking for quality education and employment, as they may freely live, work, and study in any EU nation without further licenses.
  • Reasonably Expanding Real Estate Market: Greece is a fantastic investment location compared to other European nations providing comparable programs, as its real estate market is somewhat low but has significant potential for rewards.

For anyone wishing to greece golden visa properties and citizenship via real estate investment, Greece offers a convincing prospect. Attractive for those looking for a second passport, the Greek Golden Visa offers reasonable property alternatives, a simple application process, and long-term advantages. Eventually, good preparation and adherence to residency criteria will result in full Greek citizenship, therefore creating access to many European Union chances.

Categories
Travel

Condo Rental – Essential Vacation Tips

Estimated read time 3 min read

Renting a condo for your vacation is a great idea. The advantages are many: the accommodations can be more tailored to your specific needs; you don’t have to worry about housekeeping or other services typically required of owners; and many properties offer all sorts of amenities, from pools to beach access.

 

But before you go out and rent the first hotel edwards that crosses your search engine, be sure you’ve done your research. That’s why we’ve put together this post full of tips for finding quality property at an affordable price. You need to know a few things before you start your search, so read on.

 

1. Start With the Internet

The Internet has made the world of vacation rentals much smaller – and more convenient. If you want to find the perfect condo for your stay, start with the Internet. The association websites are your best bet for finding information about your community and pricing and availability at individual properties. There’s no need to call or visit each property personally – look through what’s out there and see what works for you.

skiing beaver creek

 

2. Look for Amenities

 

Amenity-rich condos are in high demand – and since the market is tight, they’re often rented at higher rates. So if you’re hoping to get a condo with a pool, beach access, or other popular amenities, you’ll probably have to pay a premium. If this doesn’t bother you, then by all means, book a place with all the bells and whistles. But if you’re looking for something more affordable, visit the association websites and look through the property descriptions. Many include pictures of the unit and its various features – so use these pictures to your advantage.

 

3. Be Flexible on Dates

 

If you want to save money, then be flexible on dates. The longer your stay, the more you’ll pay per night – so consider booking a shorter stay if cost is a significant concern. Similarly, if you’ll be in the area during peak season, it’s a good idea to book your stay well in advance. You can get a better deal or even avoid specific rate hikes (like the spring break rush). As always, do your research and know what other properties in the area are going for during various times of the year.

 

4. Know What You’re Getting

 

Once you’ve researched what kind of place you’d like to stay in, contact the association – or the owner – directly to get more information. Then be sure that you fully understand what’s included (or not included) in your reservation. Even if it’s a condo, there might be unexpected fees (like cleaning fees). Be sure you’re clear on all of this before booking.

 

5. Book Directly With the Association or Owner

 

The condo association has a right to protect itself from unscrupulous owners and renters. That means most associations have specific requirements for who can rent out their units and how much those units can cost.