The Greek government has refused to suspend the renewal of residence permits for investment purposes (Golden visa - "Golden Visa") for citizens of the Russian Federation and Belarus.
The corresponding message appeared on April 1 on the website of the Greek Ministry of Migration and Asylum.
Reminder that on February 28, the Greek Migration Agency suspended the consideration of applications for residence permits based on investment schemes (both for initial receipt and for re-entry). The suspension applied both to applications that had not yet been submitted, and those that were already being processed by the employees of the Ministry. The reason for the suspension was the recommendation of the structures of the European Union to take a timeout before understanding the development of the geopolitical conflict.
Now Greece has made some indulgences. However, there are nuances.
Who can expect to benefit from the new algorithm?
Citizens of the Russian Federation and Belarus and members of their families who have previously applied or are about to apply for an extension of the Residence Permit.
What category of citizens is still excluded from consideration?
Restrictions remain on new initial visa applications from citizens of the Russian Federation and the Republic of Belarus.
Are there any exceptions?
Family members of investors who have a valid residence permit or who have submitted / will apply for an extension of a residence permit can count on consideration of the submitted application today.
On what basis was the decision made?
The reason for the cancellation of the suspension was the recommendation of the European Commission C (2022) 2028 (03/28/2022). We follow the developments in the investment and legal sphere online and notify you of changes in a timely manner.