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Ministerial Decision no 53821/2014

Iason Skouzos - TaxLaw > Practice Areas  > Immigration Law  > Ministerial Decision no 53821/2014

Ministerial Decision no 53821/2014

A. Third country citizens entering or permanently residing in Greece for one of the reasons cited in Law 4251/2014 who apply to obtain or renew a residence permit of a type which allows them to be insured with a private insurance provider, shall be obliged on the date they submit the relevant request, to submit:

a) Insurance contracts entered into abroad, provided those contracts expressly indicate that they cover the person concerned for such time as he resides in Greece or

b) Insurance contracts entered into in Greece.

B. To meet the provisions of Article 6(e) of Law 4251/2014 the coverage under the insurance contracts shall relate to:

• Insurance for permanent total or partial disability caused by accident. The level of benefits provided must be at least € 15,000 a year, with the insured person’s contribution being up to 20% maximum.

• Medicare (medical and pharmaceutical) costs for illness or accident. The level of benefits provided must be at least € 1,500 a year, with the insured person’s contribution being up to 20% maximum.

• Extensive hospital treatment. The level of benefits provided must be at least € 10,000 a year, with the insured person’s contribution being up to 20% maximum.

C. Insurance contracts will not be accepted in cases where they include deductibles and special additional covenants.

D. The insurance contracts must cover the period of one year. If the duration of the residence permit exceeds the contract’s effective term, a contract must be submitted each year.

This Decision shall be published in the Government Gazette.

Athens, October 21, 2014

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