Golden Visa and residency
Greece Golden Visa for Armenian Citizens: Real Estate, Residency, and Family Opportunities
Why Armenian citizens choose Greece
For citizens of Armenia, the Golden Visa program in Greece is an opportunity to obtain a long-term residence permit in an EU country through real estate investment. The program attracts entrepreneurs and families looking to preserve capital, ensure freedom of movement, and create a secondary base in Europe.
Greece offers a mild climate, high safety standards, and a transparent real estate market. The investor receives a five-year residence permit with the possibility of renewal, with no requirement to reside permanently in the country. The program allows for the inclusion of spouses, children, and parents, making it a comprehensive family solution.
Educational opportunities for children
Residency provides access to the Greek education system: children can attend public, private, or international schools. Resident status simplifies travel across Europe for university visits and admissions preparation. AILIT Group provides support in selecting educational institutions and organizing the relocation.
Investment thresholds and budget
The minimum investment amount depends on the location and type of property:
- 800,000 euros: the threshold for the most sought-after areas.
- 400,000 euros: the minimum threshold for other regions (usually requiring the purchase of a single property of at least 120 m²).
- 250,000 euros: a special option for converting commercial premises into residential ones or restoring protected buildings.
Important: before paying a deposit, it is necessary to ensure that the property meets all program conditions.
Purchase process and legal aspects
The real estate acquisition procedure involves several key stages:
- Defining goals: selecting a property for personal use or investment.
- Preparation: obtaining a tax number (AFM) and confirming the source of funds.
- Due diligence: a lawyer checks the legality of the transaction, while an engineer verifies building permits and compliance.
- Formalization: signing the notary deed, registering ownership, and submitting the Golden Visa application.
Most of the process can be conducted remotely via a lawyer using a power of attorney. Documents issued in Armenia require an apostille and an official translation into Greek.
Real estate in Crete
Crete is a popular choice for families looking for villas or apartments by the sea. Check out the current listings:
AILIT Group supports Armenian citizens at all stages: from property selection and legal verification to family adaptation in Greece.