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Greece Golden Visa for a Nigerian family: moving to Europe at the lowest cost

My wife has always dreamt of moving from Africa to Europe, and as time went by, I got into the idea. Finally, we can do it.

We decided not to wait until we could afford relocation to countries like Austria or Switzerland. Greece is a lovely country that offers residence permits under very attractive conditions, and wasting this opportunity is not for us.

Umar

Umar,

Shareholder in a family business

Clients’ names and photos have been changed

Greece Golden Visa for a whole family to move to Europe

This case was provided by our expert

Julia Loko
Julia Loko

Investment programs expert

Greece Golden Visa for a Nigerian family: moving to Europe at the lowest cost

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How Umar’s family obtained Greece Golden Visas by spending €291,590 and 4 months

Besides the property cost, Umar paid the property transfer tax, legal and notary services and administrative fees.

1

October 7th, 2022

Preliminary Due Diligence

Before signing a Services Agreement with Umar, we ran an internal Due Diligence check on the investor. It is an obligatory step that ensures an applicant has high odds of getting approval.

2

+ 2 months

Buying a property and preparing documents, €289,392

Under a power of attorney, the Immigrant Invest lawyer got Umar an individual taxpayer number. Then he checked the legality of the sale and signed a sale and purchase agreement on the investor’s behalf.

Umar transferred the investment money and bore additional expenses: 3.09% transfer tax, 3% legal and notary services and 0.3% technical expertise. The services were also subject to 24% VAT.

The lawyer submitted a sale and purchase agreement to the Land Register and received a certificate of ownership for Umar, which was attached to the package of other documents, including:

  • copies of the passports of the investor and his wife;

  • marriage certificate;

  • birth certificates;

  • passport-sized photos;

  • medical insurance.

3

+ 1 day

Applying and delivering biometrics, €2,150

To submit an application, Umar’s family came to Greece. They had valid Schengen visas.

Accompanied by the lawyer, they applied to the Ministry of Immigration and Asylum and also got fingerprinted. Umar paid the application fee of €2,000 for himself and €150 for his wife. For including children, fees are not charged.

4

+ 2 months, February 15th 2023

Receiving residence permit cards, €48

In exchange for the application, the family first received a certificate that allowed them to stay in Greece for a year while their case was considered. In most cases, the process takes much less time, and Umar’s application was not an exception: he received approval in 2 months.

The certificate was replaced with residence permit cards, issued when Umar paid the fee of €16 per person.

Individual cost calculation for residence by investment in Greece

Individual cost calculation for residence by investment in Greece

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