Step by step process for the property purchase and the residency permit

View the properties

• We usually show 5 properties in different areas

• We provide presentations with photos and detailed characteristics

• The properties tour takes one to two days, if close to Athens

Sign the pre-agreement

The pre-agreement states the property price, the amount and date of the down payment and the date of the sales contract.

Sign a “Power of attorney” mandate

So that the lawyer can :

• Apply for a Greek tax number.

• Open a bank account in a Greek bank (Copy of passport, proof of permanent address and proof of profession is required).

• Pay the transfer tax for the property purchase.

• Proceed with all the necessary legal actions to complete the purchase of the property including the signing of the transfer contract.

• Apply for the residency permit on behalf of the buyer.

• Perform the activation and transfer of the utility services

Before the property transfer

• The lawyer will conduct a due diligence of the property.

• The buyer will transfer the down payment for the purchase to the seller’s account.

• The buyer will transfer the total of the purchase amount to their personal Greek account, including taxes and expenses.

• The buyer will pay the transfer tax (3%) or the VAT (23%) to the local tax office before the property transfer.

All the above will be performed by the lawyer with the use of the power to attorney mandate

Property transfer

• The final contract is signed in the presence of a notary. The payment will be performed through a bank check issued at the time of the contract.

After the transfer and before the residency

• The lawyer will file the new title deed at the Land registry authorities

• The lawyer will collect all relevant documentation for the residency applications

• The applicant and all family members must have a valid health insurance with international coverage. If not they must purchase a new contract from a Greek insurance company.

• The applicant and all family members must go through a set of medical exams.

Residency permit application

• The lawyer will apply for the main applicant and all family members.

• The main applicant and their family members will receive a provisional residency permit with one year validity.

• After approximately 2 months, all candidates will receive the final residency permit for 5 years.

• After 5 years they all renew as long as they remain owners of the property

Necessary documents for Residency permit

• Two application forms filled and signed.

• Three recent color photos.

• Certified true copy of the passport of the applicant with a valid entry visa.

• Health certificate issued by a Greek hospital.

• In the case the buyer has entered Greece with a type D entry visa, the health certificate issued in his country is valid.

• Medical insurance by a Greek insurance company or a foreign firm with international coverage.

• A copy of the property transfer contract.

• Proof of the title transfer issued by the local land registry authority.

• Notarization stating the transfer contract is valid according to the Greek law.