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What has happened? The Greek government has approved a new law that will codify certain existing aspects of the Greek immigration process, implement the EU Blue Card and the Investor Residence Permit, and help to create more streamlined application processes.t. It will come into force on January 1, 2024.
Simplification of the immigration process. Electronic residence permits in Greece are valid from January 2023. The law enforces their existence. Residence permit applicants receive an electronic certificate of submission, which is valid until the issuance of the decision granting the residence permit. Residence permit applicants can submit their residence permit and residence permit renewal applications on the Ministry of Migration’s website and will receive proof of their residence permit by email.
Cancellation of residence permit for managerial positions. Individuals who currently hold residence permits for managerial positions who are seeking to renew their permits after January 2024 will either be able to obtain an EU Blue Card; intracorporate transfer permit; or residence permit for special purpose, depending on whether they were a local hire or on secondment. Likewise, initial applicants who would have previously applied under the managerial route will similarly be able to utilize one of the above immigration routes.
New residence permit for investors. The law is aimed to attract investors and shareholders to Greece to help revive the economy.
The new residence permit for investment purposes is available for:
EU Blue Card. The law codifies the EU Blue Card, which has been available since January 2023. It will also further simplify the EU Blue Card application process, by allowing for digital submission, eliminating the need to file the application in person.
Source: Fragomen
Photo by Hans Reniers on Unsplash
