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. However, investors aiming to obtain 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.

Greece Residency by Investment Opportunities

Greece Real Estate Investment

The Greek Golden Visa Program offers non-EU applicants the opportunity to obtain a five-year residency permit through a real estate investment of at least €250,000. The residency permit is granted and can be renewed every five years, provided the property investment is maintained.

In addition to purchasing real estate, investors may opt for a 10-year lease on furnished tourist apartment complexes or hotels. Alternatively, they can secure a 10-year time-share agreement for hotel accommodations.

The property can be situated anywhere in mainland Greece or on one or more Greek islands. Joint buyers also have the option to invest in real estate 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 is situated at the crossroads of Europe, Asia, and Africa, bordered by Albania to the northwest, North Macedonia and Bulgaria to the north, Turkey to the east, and surrounded by the Mediterranean Sea to the south.

Language

English

Currency

Euro

Total Area

131,957 km²

Capital

Athens

Government

Parliamentary republic

Population

10.5 million

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:

Residency in the Schengen Area
Attractive Investment Options
Family Benefits
Path to Citizenship
Access to High-Quality Healthcare and Education
Tax Incentives

Greece Golden Visa Cost

Greece Residency Requirements

Minimum €250,000 investment in real estate or qualifying assets
Applicants must provide proof of no criminal history in their home country.
A current passport or travel document is required.
Coverage valid in Greece for all applicants.
Applicants must enter Greece legally before applying for the visa.
Maintain ownership of the real estate or investment to retain residency rights.
Residency does not require living in Greece but is optional for those pursuing citizenship later.

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

Speak to Get Golden Visa Team & Choose Property
Follow legal steps to obtain a Non-Resident Tax number and open a bank account
Acquire the property by completing legal due diligence and signing agreements
Start your application by preparing the required documents
Visit Greece to submit biometric data
Get Golden Visa approval and receive your Residence Card
Renew your Golden Visa every five years
Apply for citizenship after 7 years of residency and tax payments

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

Can I get residency in Greece if I buy a house?

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

How much does it cost to buy residency in Greece?

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

What is the €250k Golden Visa for Greece?

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.

What is the 7-year law in Greece?

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

Is the Greek Golden Visa changed in 2024?

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.

How much bank balance is required for a Greece visa?

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

How long can I stay in Greece without becoming a resident?

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.

What is a blue card in Greece?

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.

How to get permanent residency in Greece?

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

Is a Greece Golden Visa worth it?

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.

Can I live anywhere in Europe with a Greek Golden Visa?

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.

What is the D visa for Greece?

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.

If I obtain the Greek Golden Visa and become a resident, do I have to pay taxes there?

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.

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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 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 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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Greece Residency By Investment Program