Which are the supporting documents required in order to apply for a residence permit for real estate owners?
To apply for a “permanent residence permit for investors ”, pursuant to Joint Ministerial Decision 68019/2015 (Official Government Gazette B’ 2272), which is available , the following documents are required:
· Two copies of the application form;
· Four (4) recent colour photographs, of the same technical requirements as passport photographs, also in JPEG200 file format on a compact disk. In particular, the photograph and digital image should be:
a) in colour,
b) taken within the last month so as to reflect your current appearance,
c) sized 4X6cm (without frame),
d) printed on high quality photograph white paper, no watermarked or embossed,
e) of high resolution not raster or pixel images and not printed on inkjet or laser printers;
· Certified copy of a valid passport or travel documents recognized by Greece and with the relevant valid entry visa, where required;
· A residence permit electronic fee (€2000 for a five-year permit for the main applicant and €150 for each other member applying),Code 4741, to be acquired pursuant to Article 132, Law 4251/2014.
Minor children are exempted from this fee;
· Cost of single document permit €16, Code 4762, to be acquired .
· Private health insurance policy according to required coverage either concluded in the applicant’s country of origin to provide coverage for the whole length of stay in Greece, or is concluded in Greece for coverage as prescribed in JMD n.53821/2014;
· A purchase contract stating that -
"the contract of sell and purchase of the property is not subject to conditions or exemptions, the total price amounts to …………..which has been paid in full with a crossed bank cheque or bank transaction kept at a bank in Greece or a credit institution under the supervision of the Bank of Greece" , a proof of registration of the contract and a certificate proving that there are no mortgages by the competent Land Registry;
· If the amount of payment submitted is smaller than €250,000 but the current assessed value of the real estate property exceeds or is equal to this amount, a certification by a notary is also required, stating -
“Following a legal audit of the contract with number ………. for the purchase of real estate property, it can be concluded that the full payment for the purchase of the real estate property has been effectuated, the contract is NO LONGER subject to any conditions, exemptions or deadlines, and the assessed value of the real estate property, as it stands today, is equivalent to the amount of …..”.
This is the case for property purchases concluded before Law 4146/2013 came into effect.
As for the renewal of this residence permit , what needs to be proved is that the third country citizen has still the full ownership and possession of the real estate property in Greece.
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