Obtaining citizenship by investment from Greece, well known as the golden visa program gives a number of advantages but also comes with disadvantages. Sponsors are moving to Greece due to prime position, neutral zones and approach to the European union. In this article, following citizenship by investment needs considerable benefits and disadvantages.

What Are Benefits?

• The essential advantages of obtaining Greece citizenship by investment is the approach it gives to the European union. The citizens of Greece have the full right to work, live and start enterprise in any of the 27 European Union member states. This motability appeals to the sponsors looking to spread their enterprises and families wanting an approach to several academic and medical options across Europe.
• Citizens of Greece love the facility of free visas and approach more than 180 nations involving famous spots, for example, the US, Canada, and the Schengen Zone. This moveability makes it best for the enterprises individuals and regular travelers to browse the overseas border without requiring the time taking visa applications.
• The real estate pool of Greece is a significant part of the citizenship by investment program. Sponsors can buy the capital in most zones, such as Santorini and Mykonos. The pool of real estate has demonstrated stable development, making it an appealing choice for sponsors seeking the best return and obtaining citizenship. Moreover, there is a chance of creating rental revenue from tourism.

What Are Disadvantages?

• Greece’s program doesn’t promptly allow citizenship but gives PR through a golden visa. Citizenship is practicable only after residing in the nation for 7 years, so the agreement is extended. Various sponsors might determine that this time frame is too long, especially compared to countries that offer faster citizenship. If you are interested in Dubai citizenship by investment then you should consult with professional agents, which gives you ample services and recommendations.
• Although Greece has demonstrated financial recovery from the 2008 crisis, the nation experiences periodic financial challenges. Sponsors might encounter risks relevant to variations in the Greek economy, which affect capital worth and business prospects. Instability. The instability of politics and the government’s financial money can also influence the investing environment.
• Eligible for Greek citizenship, the candidate should meet residency demands and show a connection to the nation. Maintaining residency in Greece for a particular time might be challenging for sponsors who do not schedule to spend a significant amount of time in the country. 
• The starting investment of $260,000 might seem less comparable to other European nations, but they are priced to focus. These involve legal charges, capital taxes, and the real estate investment price. Sponsors also require them to renew their residential allowance every five years, which incurs more charges and administrative work.

Conclusion

Obtaining Greek citizenship by investment offers several benefits, from the European Union approach and free visa traveling to appealing real estate opportunities and good tax policies. However, the long time frame, financial uncertainties, and difficulties must be pondered against these gains. For those looking for European citizenship, Greece offers attractive but challenging options that need thorough scheduling.