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When will I be eligible to apply for the EU permanent residency if I hold a Greek golden visa?

I heard that after legally staying in any EU member countries for a certain time, I could be eligible to apply for the EU permanent residency and work freely in any EU country. Does this rule apply to Greek golden visa holders? When can they apply?


Answers
  • January 04, 2019

    As an EU national, you automatically acquire the right of permanent residency in another EU country if you have lived there legally for a continuous period of five years. If you fulfill this requirement, you can apply for a permanent residence document, which confirms your right to live in the country where you now live permanently, without any conditions. This is different from the registration certificate which is compulsory in many countries. The permanent residency document is not compulsory. But it can be useful when dealing with the authorities or for administrative formalities. The authorities may no longer require you to prove that you have a job, sufficient resources, health insurance and so on. To get a document certifying your right of permanent residency, you must submit proof that you have been living legally in the country for five years. You need to send different supporting documents with your application, depending on your situation (employed, self-employed, jobseeker, pensioner, student). This could include: a valid registration certificate issued when you arrived in the host country, evidence that you've been living in the country (such as utility bills and rental contracts), and evidence such as payslips, bank statements, tax returns that you've been working, studying, self-employed, self-sufficient or looking for work. The authorities must issue the permanent residency document as soon as possible and cannot charge you more than nationals pay for their identity cards. The document is automatically renewable without any condition or requirement. However, its validity may differ depending on the issuing country.

  • Papanikolaou - Christopoulos & Associates
    January 05, 2019

    The notion of the Golden Visa program is to stay permanently in Greece for a five-year period that can be renewed as long as you still remain the owner of the property. During this period you can travel six months a year in other EU countries. There is no access to the market either through your own business or through paid employment.

  • Energopiisi SA Investment Consulting Services
    January 06, 2019

    According to the decision of the Minister of Interior no. 130181/6353/27.3.2018, published in the Government Gazette 1208/Β/2.4.2018, the resident permits of real estate owners and permanent resident permits for investors have been added to the categories of resident permits that are eligible for the submission of an application for the acquisition of Greek citizenship. In this case, the applicants must fulfill all the preconditions of the Greek citizenship code applied for the acquisition of Greek citizenship by naturalization. The above ministerial decision applies only to the real estate owners and investors themselves. Keep the above kind of permanent resident permit you could apply after seven years permanent and legal stay in Greece for the acquisition of Greek citizenship under the terms and conditions that citizenship law requires. Greek citizenship ensures you from therein the right to live and work legally among the European countries.