Greek Golden Visa Processing Speeds Up: Backlog Reduced, Faster Approvals,
Athens, Greece – In a significant development for potential investors seeking Greek residency, the Greek government has announced measures to expedite the processing time for golden visa applications. The initiative aims to address a significant backlog that had been causing delays in approvals.
Key Factors Contributing to Faster Processing:
- New Office in Athens: The establishment of a dedicated new office in Athens has significantly increased the capacity to handle golden visa applications. Moreover, this strategic move has allowed for a more efficient distribution of workload and reduced processing times.
- Streamlined Application Process: The Greek government has implemented measures to streamline the application process, eliminating unnecessary bureaucratic hurdles and simplifying the documentation requirements. As a result, this streamlined approach has contributed to faster processing times.
- Increased Staffing: To cope with the growing demand for golden visas, the Greek government has increased staffing levels at relevant government agencies. Consequently, this additional manpower has enabled a more efficient handling of applications and faster decision-making.
Benefits of the Greek Golden Visa Program:
- Fast Track to Residency: The Greek Golden Visa program offers a swift pathway to residency in Greece. By investing a minimum of €250,000 in real estate, investors can obtain a residency permit within a relatively short timeframe.
- Visa-Free Travel: A Greek residency permit grants visa-free travel to the Schengen area, providing access to 26 European countries.
- Family Inclusion: Dependents, including spouses and children, can be included in the golden visa application, enabling families to relocate to Greece together.
- No Minimum Stay Requirement: Unlike many other residency-by-investment programs, the Greek Golden Visa program does not impose a minimum stay requirement, allowing investors to maintain their primary residence elsewhere.
Conclusion:
The Greek government’s commitment to streamlining the golden visa application process is a positive development for investors seeking to obtain Greek residency. With the implementation of these measures, potential investors can now expect faster processing times and a smoother overall experience. As Greece continues to position itself as an attractive destination for investment and immigration, the expedited processing of golden visa applications is likely to further boost its appeal.
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