€250,000+
Minimum Investment Amount3 Months
Average Obtaining Period7 years
Return of InvestmentGreece's pathway to citizenship overview
The Greece Golden Visa is a Residency by Investment program designed to attract foreign investment to the Greek economy in return for Residency in Greece. The program is open to almost all non-EU nationals and has several investment options through which Residency can be obtained. At Investment Visa, we recommend pursuing Residency through the best and most popular option, which is to purchase a Real Estate property in the Greek islands.
The minimum investment amount varies between EUR €250,000, EUR €400,000 to EUR €800,000. Per the Greece Golden Visa 2024 rules, the two latter amounts apply to the entire country, with the EUR €250,000 option being exclusive to certain situaitons. (see our map below).
How to get the Greece Golden Visa and become a Resident
The Greece Golden Visa requirements are various, and you will need to provide multiple documents, including but not limited to, a clean criminal record, and a certificate from a Greek hospital verifying you carry no communicable diseases. You will also need to open a bank account in Greece and obtain a Greek taxpayer number.
The Greece Golden Visa also opens the path to Citizenship, which becomes available via naturalization after seven years. Further requirements will be asked, such as proof of integration into Greek society, and a written test on Greece’s language, culture, history, and geography.
Regardless, moving to Greece will present countless benefits: family inclusion, the opportunity to live in a stable country, a strong currency, and the freedom of traveling visa-free to over 170 countries. Contact our team of expert advisors today to receive the best help in obtaining Residency in Greece through the Golden Visa program.
Benefits of Greek Residency
Residency in Greece
You are not required to live in Greece for any period of time, but if you do, it opens the path to Citizenship. If you hold the property for seven years, your Residency is renewable for the same amount of time, with no minimum stay in Greece required.
Your Family is Eligible
Provide a safe haven for your family in a stable, secure country with a strong currency and a higher standard of living and education. Your spouse, children under 21 years of age, and any dependent parents are eligible to become Residents through the Greece Golden Visa program. If the borders close, you can still enter Greece as Residents.
Visa-free Travel
As a Greek Resident, the European Schengen Area is open to you. Through the Greece Golden Visa, you do not need anything else. Travel to 27 countries, which have abolished their borders between each other, as per the Schengen Agreement. These include Germany, France, Italy, Spain, Switzerland, and many others for any 90 days out of a maximum of 180.
Low Investment Amount Required
The Greece Golden Visa new rules set the investment amount starting at €250,000 for the conversion of commercial properties for residential use - which applies to the entire country. This makes Greece one of the best options to get EU Residency.
A Solid Return on Your Investment
With an increasingly appreciating Real Estate market, you can resell your property after obtaining Citizenship in Greece for a hefty price. If not, you can also choose to rent your property for great yields or receive dividends from a Greek company. Alternatively, it can also be your perfect Mediterranean second home to enjoy and relax during the summer.
No Double Taxation
Greece has signed double taxation treaties with many countries, including the United Kingdom and the United States. If you move your tax residency to Greece, you can enroll in the Greek “non-dom” tax regime, in which you pay a flat annual fee to avoid paying tax on foreign income and many other tax benefits.
Investment Options for the Greece Golden Visa
Out of all the Golden Visa options, investing and purchasing Real Estate is by far the best and most profitable. With the changes introduced in 2024, Real Estate now has the following options:
Real Estate
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Investing in Greek Real Estate
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Investment by Year Greece Golden Visa
in EUR million
Greece Golden Visa statistics
Incredible growth
Ever since its inception, the Greece Golden Visa has seen incredible growth, especially in the last few years. In fact, the Residency by Investment program was responsible for a direct capital injection of around €2,6 billion in the Greek economy between 2014 and 2021, according to the information provided by the Greek Ministry of Migration and Asylum.
Over 31,000 permits issued
The Greece Golden Visa program is particularly popular among nationals from India, China, and Turkey, with most application numbers. As per recent numbers, over 31,000 residency permits have been granted to the main applicants and their families.
However, this number is only set to increase, especially as other countries in Europe seek to either discontinue or cancel their Golden Visa programs. Right now, Greece presents the best cost-for-value Residency by Investment program.
Timeline
Our team of professionals at Investment Visa has prepared a step-by-step guide for you to discover more about the application process for the Greece Golden Visa. At Investment Visa, our mission is to consider the needs of our investors, always keeping in mind an outlook of helping them build a better financial future.
Step-by-step process
1
Investment Selection
There are several investment options through which you can pursue the Greece Golden Visa. But which one is the right choice for you? At Investment Visa, we recommend the Real Estate option.
2
Funds for Investment
After you have talked with our advisors, and you have chosen your preferred property, it is time to gather your funds and be ready to use them for the Greece Golden Visa.
3
Documentation Check
Our experts will refer all the documentation you need to present to apply for the Greece Golden Visa and check everything is in order and up to date.
4
Golden Visa Submission
After everything has been gathered, including funds and documents, it is time to submit the application to the Greek authorities. Our specialists will guide you through the entire process.
5
Residency Permit & Renewals
Done! You can now enjoy your Residency in Greece, for seven years, as well as your property. When the time comes for renewal, you can count on Investment Visa to help you.
Cost Estimates
Considering a Real Estate purchase of €250.000+
The Greece Golden Visa is the most affordable in Europe, starting at a minimum of €250,000. Use our calculator to simulate the costs. For a more comprehensive, detailed estimate, contact our advisors for a full analysis of your profile and how we can help you become a Greek Resident.
(1) Please be aware that this information is merely indicative, and not binding. It assumes the cost for a family of four, including two children. The final cost may vary according to your situation.
Property purchase
€250,000
Associated fees:
Residency Permit
€2000
+ EUR €150 for each family member (except under 18)
1 spouse - 150€
+ EUR €16 for the printing of each individual electronical residence permit
applicant + spouse + 2 children - €64
Total (1)
Min. €252,000
(1)Please be aware that this information is merely indicative, and not binding. It assumes the cost for a family of four, including two children. The final cost may vary according to your situation.
Moving to Greece? Check here all you need to know about the country
We are Greece Residency by Investment experts
Our specialists can help you obtaining the much-coveted Greece Golden Visa.
Contact Us and Receive our Advice
Our team of seasoned experts have more than 25 years of experience in helping investors getting Golden Visas from countries all over the world. They are ready to share their knowledge with you. Fill our query forms and allow us to help you guide you to your Greece Golden Visa.
Investment Visa Experts
If Greece Residency by Investment is not what you are seeking, feel free to contact us. We work with other Residency by Investment and Citizenship by Investment programs in other European countries and the Caribbean which might be better suited to you.
You can count on us
At Investment Visa, our mission is to deliver the highest quality of service. Our team is business-driven, and always considers first and foremost the needs of our investors, with the sole purpose of building a better financial future for our clients and their families.
Frequently Asked Questions
The Greece Golden Visa and the Greek Residency by Investment program are the same. To attract foreign investment into the country’s economy, the Greek government has launched this program, allowing almost all non-EU nationals to gain Residency in Greece and in the EU
Greece does restrict certain nationalities from applying for the Golden Visa, though almost all non-EU nationals can apply for the Greece Golden Visa. Please verify with our advisors what is applicable in your case.
The Residency Permit is issued with a set duration of five years. If you hold the property, this will be renewed for an equal duration of five years. As such, the Residency Permit can be renewed indefinitely.
Residency by Investment programs enable you to become a resident of the country. The Greece Golden Visa is an example of Residency by Investment. However, they do not make you a citizen with full legal rights as Citizenship by Investment programs do. In Greece’s case, the investor can naturalize into a Greek citizen after seven years.
No. You cannot get Citizenship in Greece by Investment. However, the Greece Golden Visa does open the path to Citizenship through naturalization. Generally speaking, Citizenship by Investment programs are not commonplace, as the EU frowns upon them.
Yes. The Greece Golden Visa is a Permanent Residency by Investment program. As long as you keep the investment, your Residency in Greece is permanent. It only needs to be renewed every five years.
The minimum investment amount to qualify for the Greece Golden Visa is EUR €250,000 in most areas of the country. In specific areas of the country, such as Vari, Voula, Vouliagmeni, Mykonos, Santorini, and Thessaloniki, the amount is EUR €500,000.
Yes. However, the house must be appraised and sold for EUR €250,000 or more.
Once you are a Permanent Resident, the path to Citizenship is open. However, you will have to prove you have integrated into Greek society, as well as take a written test on Greece’s language, culture, history and geography.
You can bring your family with you and let them enjoy the benefits of Residency in Greece. Currently, the program also extends to the main applicant’s spouse, the direct unmarried descendants of the applicant, spouse or both, if they are under the age of 21, though this can extend to 24 if they are a student, and the direct relatives of the applicant and spouse in the ascending line.
The process itself can be done entirely remotely. However, you will have to visit Greece at least once, as the Golden Visa program requires attending an appointment for biometric registration. Our specialists at Investment Visa can help you throughout the entire process.
Portugal has canceled its Golden Visa. Spain is looking to increase the investment amount. Italy offers no Real Estate option per its Golden Visa. Because of this, the Greece Golden Visa remains the most competitive and most advantageous out of all programs available in Europe, allowing the investor an entry point to Europe become a Permanent Resident, and get a return on their investment.
No. There are other options to obtain Greek Residency by Investment. You can invest in Greek companies or buy Greek Treasury Bonds, but Real Estate remains the most affordable and competitive manner to obtain Residency, starting at €250,000.
Yes. You can rent out your property to third parties.
Yes. Golden Visa is an umbrella term for investment visas, and its meaning varies country by country. In Greece’s case, the Greece Golden Visa is the Residency by Investment program.
