Updated: June 2026

Case study · Greece · Residence permit

How an Entrepreneur from Kazakhstan Obtained GreekResidence Permit Directly Through Investment

An entrepreneur from Kazakhstan sought a Greek residence permit and business presence in the EU. Kazakhstani passport without restrictions: bank accounts and transfers process normally, therefore Golden Visa - direct application. We explain how the process went with focus on banking aspects.

Sergey EvdokimovSergey EvdokimovManaging Partner, BRIDGESReading time9 min readVerificationReviewed by an expert

This case is based on a real matter. The name and certain identifying details have been changed to protect confidentiality.

BRIDGES client story - How an Entrepreneur from Kazakhstan Obtained Greek Residence Permit Directly Through Investment
Contents

Case at a glance

Situation, solution and outcome in seven lines

Client
Entrepreneur from Kazakhstan
Citizenship
Kazakhstan - no restrictions for Golden Visa
Objective
Greek Residence Permit through Investment
Unlike Russia/Belarus
direct application, second passport not required
Family Composition
spouse
Process
investment → bank accounts → real estate → residence permit
Outcome
Greek Residence Permit obtained directly

Client story

Client's Story

Where they started

The client - an entrepreneur from Kazakhstan - sought European residence permit and convenience with EU banks for business operations. For Kazakhstanis there are no sanctions barriers, therefore all procedures proceed normally.

Why the standard route did not work

The key point is to show the contrast we discussed in other cases in this series. Russians and Belarusians cannot access Greek Golden Visa since 2022 based on their passports - we first obtain a second passport from a non-sanctioned country for them. Kazakhstani citizens do not need this: their passport has no restrictions, therefore the path is direct - without second citizenship and workarounds.

What BRIDGES had to solve

Key advantage for business: a Kazakhstani citizen has no sanctions restrictions on transfers and accounts, therefore establishing investment and working with EU banks is much easier than for a Russian.

Why a standard answer would not do

At BRIDGES we conducted the client through the direct Golden Visa route: prepared documents, assisted with bank accounts and fund transfers, selected and arranged real estate according to program thresholds, and submitted the residence permit application. Investment was established through European accounts.

I am an entrepreneur from Kazakhstan, both the residence permit and proper work with EU banks were important to me. BRIDGES explained - unlike Russians, we have no sanctions barriers: accounts and transfers process normally. We applied for Golden Visa directly, I received the residence permit and convenient access to European banks.

Dmitry · Entrepreneur from KazakhstanThe name and certain identifying details have been changed to protect confidentiality.

What Was at Risk

What Was at Risk

There was no real threat - for Kazakhstani citizens the path is open. The important thing was not to complicate matters (they do not need a second passport) and conduct a clean direct process: documents, accounts, real estate, application.

that Golden Visa Greece is directly accessible to Kazakhstani citizens (unlike Russia/Belarus);

  1. 01that they do not require a second passport - passport without restrictions;
  2. 02that the process is standard: investment → bank accounts → real estate → residence permit;
  3. 03that transfers and account opening for Kazakhstanis proceed without sanctions barriers;
  4. 04that family composition (spouse) is included in the Golden Visa.

The logic of the solution

How the matter progressed: from checks to result

The chart is built from the facts of this matter and shows the logic of the work without decorative or unverified data.

  1. 01
    Stage 1

    Confirmed the direct path. Verified that Kazakhstan passport is unrestricted and the application proceeds directly.

  2. 02
    Stage 2

    Prepared documentation and accounts. Assisted with bank accounts and fund transfers for the investment.

  3. 03
    Stage 3

    Considered: fund transfers and account opening for Kazakhstan citizens proceed without sanctions barriers.

  4. 04
    Stage 4

    Selected real estate. Chose a property meeting program thresholds.

  5. 05
    Stage 5

    Submitted Golden Visa application. Applied for Greek residence permit for the entire family.

Takeaway. Conclusion: Kazakhstan citizens have direct access to Greek Golden Visa (unlike RF/RB) - investment, accounts, real estate, application; second passport is not required.

How we solved the task

How we solved the task

The work was split into verifiable stages so that every conclusion rested on documents.

  1. 01

    Stage 1

    Confirmed the direct path. Verified that Kazakhstan passport is unrestricted and the application proceeds directly.

  2. 02

    Stage 2

    Prepared documentation and accounts. Assisted with bank accounts and fund transfers for the investment.

  3. 03

    Stage 3

    Considered: fund transfers and account opening for Kazakhstan citizens proceed without sanctions barriers.

  4. 04

    Stage 4

    Selected real estate. Chose a property meeting program thresholds.

  5. 05

    Stage 5

    Submitted Golden Visa application. Applied for Greek residence permit for the entire family.

  6. 06

    Stage 6

    Obtained residence permit. Client obtained Greek residence permit through the direct route, without a second passport.

Expert comment

For an entrepreneur from Kazakhstan, the key factor is banking. Kazakhstan citizens face no sanctions restrictions, therefore accounts and EU transfers proceed smoothly, and establishing investment is straightforward. A second passport is not necessary. We executed a direct Golden Visa with emphasis on the banking component - the client obtained both residence permit and comfortable access to European banks.

Sergey Evdokimov, Managing Partner, BRIDGESSergey EvdokimovManaging Partner, BRIDGES

Outcome

What the client received

What was required
How we did it · Result
Apply directly
Kazakhstan passport without restrictions · without second passport
Accounts and transfer
assisted with banking · funds established
Real estate
selection meeting thresholds · property arranged
Obtain residence permit
Golden Visa application · Greek residence permit
Obtain residence permit
Golden Visa application · Greek residence permit

What was: entrepreneur from Kazakhstan wanted Greek residence permit through investment. What we did: confirmed the direct route; prepared documentation and accounts; selected real estate; submitted Golden Visa application. What client obtained: Greek residence permit directly, without a second passport.

Practical takeaway

What matters in a similar situation

  • Conclusion: Kazakhstan citizens have direct access to Greek Golden Visa (unlike RF/RB) - investment, accounts, real estate, application; second passport is not required.
  • Client obtained Greek residence permit through the direct route - because their passport is unrestricted, and we executed a standard Golden Visa.

FAQ

Questions people ask in a similar situation

01Can a Kazakhstan citizen obtain Greek residence permit directly?

Yes: Kazakhstan passport is not subject to restrictions, therefore Golden Visa application proceeds directly, without a second passport - unlike RF/RB citizens whose passport applications have been suspended since 2022.

02Is a second passport required?

No. Kazakhstan citizens do not require it - a passport allows direct application for a Golden Visa. A second passport is necessary for Russian and Belarusian citizens.

03What about bank accounts and fund transfers?

This is the main advantage: Kazakhstan citizens face no sanctions barriers; transfers and accounts in the EU proceed normally - unlike Russian citizens.

04Which family members are included?

Spouse and children (and under certain conditions - parents) are included in the Golden Visa as family members. The exact composition is clarified with the competent authority.

05Is this legal?

Yes: standard Golden Visa procedure for a citizen of a non-sanctioned country, according to Greek regulations.

06Are you a Kazakhstan citizen seeking Greek residence permit?

We will process your application via direct Golden Visa route - without a second passport: documentation, bank account setup and fund transfer, property selection meeting investment thresholds, and residence permit application submission, so you obtain Greek residence status quickly and easily.

About the author

Sergey Evdokimov

Author: Sergey Evdokimov

Managing Partner, BRIDGES

As Founder and Managing Partner of BRIDGES, I am responsible for the firm's strategy and personally lead its most complex client matters, including cases in which citizenship or residence decisions require a strategic view and consideration of capital.

I begin by defining the objective: the outcome the client needs, the facts that affect the choice, and the matters that require further review. I then establish the available directions, the sequence of work, and the key decision points.

Once the strategy has been agreed, I oversee the BRIDGES team's key decisions and remain involved at the stages that shape the course of the matter. The purpose is to give the client a clear rationale for the chosen direction and a precise understanding of the next steps.

Prepared on the basis of BRIDGES practice and reviewed by a subject-matter expert.

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Anna KovalevskayaHead of Legal, BRIDGES
Anna Kovalevskaya, Head of Legal, BRIDGES

Names and certain details have been changed to protect client confidentiality. The result described reflects one specific situation and is neither a public offer nor a guarantee of a similar outcome. Programme terms are stated as of 2026 and may change - please confirm current parameters with a BRIDGES consultant.