Invest in Greece-Residence permits to Third-Country Citizens

Residence permits to Third-Country Citizens

The Law Creation of a Development Friendly Environment for Strategic and Private
Investments (4146/2013) [download here - only available in Greek] of the
Ministry for Development, Competitiveness, Infrastructure, Transport and
Networks, facilitates the residence of investors in Greece through the granting
of residence permits for executives of Strategic Investment projects.

Acquisition & occupation of real estate:

Basic legal framework

Basic legal framework, property rights, procedural issues of acquisition, restrictions

1. Τhe basic legal framework governing real rights in immovable property.
The right to property, as a fundamental right, is under the protection of the State, as provided in the Greek Constitution, Article 17, whereas it is stipulated that property rights cannot be exercised against the public interest.

Procedure of property transfer

The procedure of a property acquisition usually has the following steps:

1.Finding of the property, with the possible contribution of an estate agent. The estate agent's fee is not specified by law, but is subject to an agreement. Usually a fee of a percentage of 2%-4% of actual price paid for the property is agreed in writing, but this may vary, depending on property value and other factors.

Athanassios Kopanas is member Of: