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If I have a Golden Visa, how involved can I be in a business?

I just obtained my resident permit through the Golden Visa program. My employer is considering opening a branch in Athens and asking me to work as a board member for this new office. I know that working as a board member or a shareholder doesn’t break any rules of the Greek Golden Visa. I want to know how involved I am allowed to be in it.


Answers
  • Stilianos Ch. Proestakis
    October 17, 2019

    A right of access to work has not been established through the Greek Golden Visa, specific to a resident permit.

  • Energopiisi SA Investment Consulting Services
    October 16, 2019

    In no case does the resident permit provide access to any type of employment. Employment, according to paragraph 6, article 20, of Law 4251/2014, does not include the exercise of economic activity in the capacity of a shareholder or a chief executive officer for an already existing company. So in your case, the establishment branch does not meet the condition of an already existing company. In any case we are waiting for changes to the immigration law that could be very positive for the investors, as per the relevant minister's announcements.