Greece Residency By Investment Program

Global Experts in Residency and Second Citizenship by Investment Programmes

Greece Residency by Investment Program Overview

The Greek Golden Residency by Investment Program, introduced in 2013, provides non-EU and non-EEA investors and their families with the opportunity to obtain residency by investing at least €250,000 in property. The visa allows holders to reside in Greece and travel freely within the EU and Schengen Area for five years, as long as the investment is maintained. Renewal can be done online, and applicants only need to visit Greece once to authorize a proxy with an in-person signature. With one of the lowest investment requirements among similar programs, the Greek Golden Visa offers significant benefits, and Greece allows dual citizenship, making it even more attractive for global investors. However, those aiming for Greek citizenship must reside in the country for at least seven years. Family members, including spouses, dependent children under 21, and dependent parents or parents-in-law, also receive automatic residency permits.

Time to Residency
3 months
Minimum Investment
€250,000
Type of Investment
Real Estate
Visa Free Countries
Schengen countries

Greece Residency by Investment Opportunities

Greece Real Estate Investment

The Greek Golden Visa real estate investment option allows non-EU applicants to acquire residency by investing in property in Greece. With a minimum investment of €250,000, applicants can purchase one or more properties in exchange for a five-year residency permit, which is renewable every five years as long as the investment is maintained. In addition to buying real estate, investors can also opt for long-term lease agreements for tourism properties or hotels. Properties can be located anywhere in mainland Greece or on the Greek islands, and joint ownership is also permitted.

  • Minimum investment of €250,000 in one or more properties

  • Five-year residency permit, renewable if investment is retained

  • Option to purchase a 10-year lease for furnished tourist apartment complexes or hotels

  • Possibility to buy a 10-year time-share agreement for hotel accommodation

  • Property can be located in mainland Greece or on any Greek island

  • Joint buyers allowed to purchase together

 

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Greece Overview

Greece, located in Southern Europe, is a country known for its ancient history, rich culture, and beautiful landscapes. It lies at the crossroads of Europe, Asia, and Africa, bordered by Albania to the northwest, North Macedonia and Bulgaria to the north, and Turkey to the east, with the Mediterranean Sea to the south. Greece allows dual citizenship, making it an attractive choice for those seeking to hold more than one nationality.

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Language

Greek

Currency

Euro

Total Area

131,957 km2

Capital

Athens

Government

Unitary Parliamentary Republic

Population

9,938,844

Greek Residency and Passport Benefits​

The Greek Golden Visa program is one of Europe’s most attractive residency-by-investment schemes, offering individuals and their families the opportunity to obtain residency in Greece by making a qualifying investment. Known for its affordability, flexibility, and wide-ranging advantages, this program is ideal for those looking to enjoy Greece’s rich culture, stunning landscapes, and access to the broader European Union. Below, we explore the key benefits of the Greek Golden Visa and why it stands out among similar programs.

Greece residence enjoy a wide range of benefits:

Greece Golden Visa Cost​

Government fees For Main applicant
€2000
Government fees For Dependents over 21 years
€500
Insurance Premiums per person
€500 - €900
Application Fees per person
€500
Bank Account Setup and Transfer Fees
€100 - €500
Biometric Issuance Fee per applicant
€16
VAT on New Properties
24% of the property price
Property Transfer Tax
3.09% of the property value
Property Registration Fee
0.5% of the property value
Greek Residency

Greece Residency Requirements

Golden Visa Greece Program Steps and Timeline

The Greek Golden Visa program offers a straightforward process for obtaining residency through investment. Below are the key steps involved in securing your Golden Visa and the timeline to follow

Residency By Investment

Residency by investment programs allow individuals to obtain legal residency in a country by making a qualifying investment, such as purchasing property or starting a business. These programs provide numerous benefits, including access to better living conditions, travel freedom, and opportunities for future citizenship. Greece’s Golden Visa is one of the most popular residency-by-investment options, offering individuals and their families the chance to live and work in Greece and the broader European Union.

Greece Residency by Investment - FAQ

You can’t obtain Greek citizenship directly through investment. Instead, you must first get residency via the Greek Golden Visa by making a qualifying investment, such as purchasing property. After maintaining legal residency in Greece for 7 years, you can apply for citizenship, provided you meet language, integration, and other legal requirements.

Yes, purchasing property worth at least €250,000 qualifies you for Greece’s Golden Visa program, granting residency.

The minimum investment required is €250,000 in real estate or other qualifying investments.

The Greek Golden Visa offers residency to non-EU investors who purchase property or make other eligible investments in Greece with a minimum value of €250,000.

After 7 years of residency in Greece and fulfilling tax obligations, individuals may apply for Greek citizenship.

Yes, changes to the Greek Golden Visa program were introduced in 2024, including updates to the investment types and application process. It’s important to check current details.

The Greek Golden Visa does not have a specific bank balance requirement but requires an investment of at least €250,000 in real estate.

You can stay in Greece for up to 90 days within a 180-day period on a short-stay Schengen visa without becoming a resident.

A Blue Card in Greece is a residence permit for highly skilled workers from non-EU countries, allowing them to live and work in Greece.

To get permanent residency, you can invest in Greece through the Golden Visa program, purchase property, and fulfill the required residency period.

The Greek Golden Visa offers significant benefits, including residency in Greece and the Schengen Area, the opportunity for citizenship, and access to a high quality of life.

While the Greek Golden Visa grants residency in Greece, it does not automatically allow living in other EU countries unless you hold additional permits or citizenship.

A D visa for Greece is a long-stay visa that allows individuals to stay in Greece for more than 90 days, often in connection with the Golden Visa program.

Yes, as a resident in Greece, you may be subject to Greek taxes based on your worldwide income, depending on the length of your stay and residency status.

Other Residency by Investment Programs

Latvia residency by investment
Latvia Residency Program
Latvia is part of the Eurozone and Schengen Area, allowing residency holders to travel freely within the EU. Investors can apply for permanent residency after five years, provided they’ve lived in Latvia most of that time.
Malta Citizenship By Investment
Malta Residency Program
Malta offers non-EU investors a clear path to European residency. It allows families to live in Malta permanently and travel visa-free. Citizenship through naturalization is possible after five years of residency.
portugal residence by investment
Portugal Residency Program
Portugal’s Golden Residence Permit Program (ARI), launched in 2012, offers non-EU/EEA citizens and their families residency in exchange for a 5-year investment of €500,000 in real estate or €350,000 in renovation properties.

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