Residency | Citizenship | Legal Representation | Financial and Tax Considerations

Residency

Types of Residency

Description of various types of residency permits and visas available:

Greece offers several residency options. The standard one is the National Visa for stays longer than 90 days, leading to a residency permit. There's also the Golden Visa program, granting residency to non-EU investors purchasing property worth at least �250,000. Other categories include permits for students, employees, and family reunions.

Eligibility criteria and requirements for each type of residency:

 - National Visa: Requires valid travel insurance, proof of sufficient funds, and relevant documentation for the purpose of stay (e.g., employment contract for workers).

 - Golden Visa: Requires property investment of at least �250,000, a clean criminal record, and health insurance from a Greek provider.

 - Student Visa: Requires a letter of acceptance from a recognized Greek educational institution and proof of funds.

 - Work Visa: Granted to individuals with a valid employment contract from a Greek employer, requires submission of qualifications, employment details, and proof of health insurance.

Types of Residency and Requirements

Greek Immigration Services

Application Process

Step-by-step guide on the application process for obtaining residency:

 - Initial Application: Applicants should visit the nearest Greek consulate or embassy in their home country to begin the process.

 - Required Documentation: Depending on the type of visa/residency, gather all necessary documents such as financial statements, health insurance, and more.

 - Biometrics: After arrival in Greece, biometric details will be collected.

 - Residency Issuance: Once approved, applicants receive a residency card, valid for varying durations depending on the permit type.

Required documents, fees, and processing times for residency applications:

Documents, fees, and processing times differ depending on the type of residency. Generally, you will need a valid passport, application form, photographs, proof of health insurance, and relevant supporting documents for the residency purpose. Fees vary, but the Golden Visa, for instance, has an application fee of around �2,000. Standard processing times can range from a few weeks to several months.

Greek Visa Application Procedures

Rights and Obligations

Overview of the rights and obligations associated with having residency:

Residency permits allow holders to legally live in Greece, access healthcare, and work or study depending on the permit type. However, residents are obligated to abide by Greek laws, renew their permits as required, and inform authorities about changes in their circumstances (e.g., change of address).

Information on restrictions, limitations, and responsibilities of residents:

While residents can live and work in Greece, they may not have the full rights of a citizen, such as voting in national elections. Residents are also subject to Greek tax laws and must ensure they remain compliant with the conditions of their residency type.

Rights and Obligations of Foreign Residents

Citizenship

Eligibility Criteria

Overview of eligibility criteria for applying for citizenship:

Greece offers citizenship pathways through descent, naturalization, and certain residency programs. Naturalization is a common route, where non-EU residents can apply after living in Greece for seven consecutive years. Children born in Greece to foreign parents can acquire citizenship under specific conditions, especially if they've attended Greek schools.

Specific requirements regarding residency duration, language proficiency, and integration:

For naturalization, a key requirement is demonstrating ties to the country. This includes a basic understanding of the Greek language, history, and culture, often validated through interviews or tests. Additionally, the applicant should have a clean legal record and show financial stability.

Citizenship Eligibility Criteria

Greek Citizenship Procedures

Application Process

Step-by-step guide on the citizenship application process:

 - Preparation: Gather all necessary documents, including proof of residency duration, language proficiency certificates, and financial records.

 - Application Submission: Apply at the local municipality or community office where the applicant resides.

 - Interview: Attend an interview that assesses integration and language skills.

 - Approval: If all criteria are met and the application is approved, the applicant takes an oath of allegiance.

 - Citizenship Certificate: The applicant receives a certificate of Greek citizenship.

Required documents, fees, and processing times for citizenship applications:

Documents include proof of residency, language proficiency certificates, birth certificate, and financial records. Fees can vary, but as a general reference, naturalization costs might be around �700-1,000. The process can be lengthy, potentially spanning several years due to bureaucratic procedures.

Greek Nationality Code

Rights and Obligations

Overview of the rights and obligations of citizens:

Greek citizens enjoy full rights, including voting in national elections, working and residing in any EU country, and accessing state services. They are also entitled to Greek passport issuance.

Information on dual citizenship, renunciation, and other relevant aspects:

Greece recognizes dual citizenship. However, citizens, especially male individuals, should be aware of mandatory military service obligations. If one wishes to renounce their Greek citizenship, it's a formal process involving the Ministry of Interior.

Rights and Obligations of Citizens

Rights and Responsibilities of Greek Citizens

Legal Representation

Legal Assistance

Importance of legal representation in the residency/citizenship process:

Having legal representation can significantly streamline the application process for both residency and citizenship. Lawyers are familiar with the intricacies of the system, can guide applicants through potential pitfalls, and ensure that all paperwork is correctly submitted.

Recommendations for finding and choosing immigration lawyers or consultants:

Look for lawyers specializing in immigration and citizenship matters. Referrals, online reviews, or associations like the Athens Bar Association can be useful. It's crucial to ensure the lawyer's credentials and get a clear understanding of fees upfront.

: Athens Bar Association � Lawyers Directory

Legal Fees

Overview of legal fees and other associated costs in the application process:

Legal fees can vary based on the complexity of the case and the reputation of the lawyer. For citizenship or residency applications, fees can range from �1,000 to �5,000 or more. It's advisable to discuss all potential costs upfront and, if possible, get a written agreement.

Information on affordable legal services and consultations:

Some organizations offer pro bono services or legal aid for immigrants and refugees. The Greek Council for Refugees, for instance, provides legal assistance in certain cases.

Greek Council for Refugees

Financial and Tax Considerations

Financial Planning

Overview of financial planning considerations for new residents/citizens:

When moving to Greece or attaining citizenship, individuals should take into account various financial factors. These include understanding the banking system, considering currency exchange rates if they have foreign income, and getting to know the tax system. Greece has a progressive tax system, and residents may be taxed on their worldwide income, making understanding the intricacies crucial.

Information on opening bank accounts, accessing financial services, and managing assets:

Opening a bank account in Greece typically requires proof of address, tax identification number, and valid identification. Most banks in Greece offer services like savings accounts, loans, and online banking. When managing assets, it's recommended to consult with financial advisors, especially if you have assets outside of Greece, to understand potential tax implications.

Major Greek Banks

Bank of Greece � Banking Supervision

Tax Obligations

Overview of tax obligations for residents and citizens:

Greek tax residents are taxed on their worldwide income. The system is progressive, with rates ranging from 22% to 45% for higher incomes. Apart from income tax, there's a solidarity contribution, property tax, and, for some, a capital gains tax. Non-residents are taxed only on income earned within Greece.

Information on income tax, wealth tax, and other relevant taxes:

Income tax is the most common form of tax, but residents also might be subject to inheritance tax, gift tax, and a special annual real estate ownership tax. The wealth tax is incorporated into the income tax system, with higher incomes facing higher tax rates.

Income Tax Rates

Greek Tax Administration

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