Attention KaliSun Villas Owners:
All You Need to Know About the Schengen Visa
Introduced by the Greek government in 2013 to encourage investment in the sun-kissed Mediterranean country and available to all nationalities (Turkey exempt), the Golden Visa program offers an affordable real estate investment route to residency in Europe.
How it Works: The KaliSun Villas/Schengen Visa Connection
If you’re ready to purchase property in the sunny nation of Greece, you need look no further than KaliSun Villas – and once you have settled on residency here, you can speak directly with KaliSun representatives regarding exactly which villa is right for you. With beautiful and spacious three-bedroom and five-bedroom units available, it all comes down to your specific requirements; from there, you just agree upon the initial investment of Euro 250,000, which we will explain in further detail below…
An investment of €250,000 is required in real estate in Greece, and the property can be located anywhere on the Greek mainland or the islands; further, any number of properties can be combined to make up the minimum investment. In addition to the real estate investment, applicants will also be required to prove a clean criminal record and medical insurance to cover any stay in Greece (though there is no minimum stay requirement and the residency visa can be renewed after five years provided the investment is maintained).
Qualifying Family Information
Qualifying family members include a spouse and all children under 18; children 18 and older can qualify if studying and dependent.
It must also be proven that applicants have approximately 30k Euro in their bank account for living expenses, and applicants are not entitled to work in Europe – only to live in Europe with his or her own income from other sources. Additionally, government, notary and lawyer fees for the property purchase and visa application will amount to approximately 15k Euro, with a VAT of 24-percent for new property purchases in Greece.
If all of this seems a bit daunting to you, fear not – KaliSun Villas representatives will take care of all necessary applications as included in an agreed-upon fee.