How can a golden visa holder set up a business in Greece?

A holder of the Greek Golden Visa has the right to set up his or her own company (limited liability company) as shareholder and at the same time, he/she has the right to be the legal representative of this company. It is not necessary to cooperate with a local person. There are not any limitations or restrictions.

Golden visa holders can set up a business without any restrictions.

If you are a golden visa holder, then no requirements are involved. If you are planning to cooperate with another partner, then find a citizen who is ready to invest.

Greece has set up a flexible and fast procedure for non- EU/ EEA foreign investors who wish to obtain a residence permit for the purpose of investment activity in Greece. Residence permits can be granted to investors participating with at least 250,000 euros in the implementation and/or the operation of the investment project. The investment activity may be implemented through the construction of new facilities (greenfield investments) or business acquisitions, restructuring as well as the expansion of current activities (brownfield investments), provided that it has a positive impact on the national economy. So you can create your own company and operate it legally for your investment or participate through a capital increase in an existing company under the minimum amount of 250,000 euros in order to be entitled to a Greek Golden Visa. On the other side, if you have acquired the Greek Golden Visa through property investment, you can be a shareholder in any company without a minimum percentage of investment required, but you cannot legally represent it.