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Greece Invites Investors to Fuel Startups
6 Dec
Summary
- Greece offers residency via Startup Golden Visa program.
- Minimum EUR 250,000 investment required for early-stage firms.
- New permits are renewable every two years for investors.
Greece has introduced a new Startup Golden Visa program designed to attract foreign investment into its burgeoning early-stage companies. This initiative offers residency permits to international investors who contribute capital to registered startups, signaling a strategic move to bolster the nation's innovation sector.
To qualify for this golden visa, investors must commit a minimum of EUR 250,000 to an eligible startup. Crucially, the investment must also lead to the creation of at least two new jobs within the first year of the company's operation, emphasizing a focus on economic growth and employment.
The program aims to invigorate Greece's startup ecosystem and draw significant foreign capital. The residency permits granted are renewable every two years, offering a stable framework for investors looking to engage with and support Greek innovation for the long term.
