Greece
Greek Golden Visa Program
An individual can become eligible for the Greece Golden Visa Program by investing in Real Estate, by investment in the establishment and operation of a business or by financial investments.
Program Overview: Greek Golden Visa Program
To qualify for Greece’s GV, third-country investors have a choice of three different investment options. In all cases, GV holders enjoy the following benefits:
- GV granted for five years but indefinitely renewable provided the GV holder maintains the investment.
- The right to live and study in Greece, but no requirement to reside in Greece.
- Visa-free travel within Europe’s Schengen Area.
- One GV application can cover the whole family (married spouse, children under 21 years old, and parents of the main applicant and spouse).
- Ability to hold shares and receive income from the dividends of a company registered in Greece (but not to be employed in Greece).
- Residence permits can be acquired within 6 months.
- Eligibility to apply for citizenship after seven years of residence.
- 01
Invest
To be eligible for the Greek Permanent Residency, it is required to have either a minimum investment of €250,000 in real estate, or a minimum investment of €500,000 in business, or at least €350,000 in financial investments.
- 02
Ease of Travel
Visa-free movement across all EU and Schengen zone countries.
- 03
Processing Time
Once the application is submitted with all supporting documentation, you should receive your Permanent Residency Card within 6 months.
Key Benefits: Greek Golden Visa Program
- The right to live and study without restriction in Greece, a stable European country with an agreeable climate and a friendly population.
- Strategically located near countries in Europe, North Africa, the Middle East and other Asian countries.
- Permanent residency is also applicable to the main applicant’s entire family, including their spouse, children under the age of 21, and parents of both the main applicant and their spouse.
- Holders of Permanent Residency can become eligible for Citizenship following 7 years of continued residency.
- Dual citizenship is permitted.
Greek Golden Visa Program Criteria
Applicants can obtain residency through several investment routes tailored to different goals. The real estate route requires an investment starting from €250,000 for converted or restored properties, €400,000 in most areas, or €800,000 in prime locations such as Attica, Thessaloniki, Mykonos, Santorini, and larger islands.
Alternatively, the business route involves a minimum investment of €500,000 in establishing and operating a business in Greece. For those preferring financial options, applicants may choose a fixed-term deposit of at least €500,000 or invest a minimum of €350,000 in shares.
Other Conditions
- The applicant must be over the age of 18.
- The applicant must have a clean criminal record.
- Health insurance must be obtained from a company based in Greece.
- A valid Greek Visa for entry into Greece so the Golden Visa application process can be initiated.
Step-by-Step Application Procedure
Visit Greece
Secure a valid Greek Visa and visit the country to initiate the Golden Visa application process.
OR
Appoint an authorized representative.
Qualifying Investment
Proceed with one of the investment options.
Application Submission
All applicants must visit Greece to have their biometrics recorded as part of the application process.
About Greece
Factsheet | |
|---|---|
| Continent: | Europe |
| Population: | 10.72 m |
| Government: | Unitary Parliament Republic |
| Capital: | Athens |
| Languages: | Greek |
| Currency: | Euro (€) |
| Total area: | 131,957 km² |
| Time zone: | Eastern European (UTC+02:00) |
- 01
Geography
Greece is a Mediterranean nation consisting of a peninsular mainland and thousands of islands in the Aegean and Ionian Seas. It has a total area of 131,957 km².
- 02
Population and Language
Greece has a population numbering 10,720,000 people. The official language is Greek.
- 03
Tourism
Greece is a very a popular tourist destination with an increasing influx of tourists every year, having received 34.2 million tourists in 2019 – more than three times its resident population.
- 04
Education
Pre-primary, primary and secondary school is compulsory for students aged between 4 to 15 in Greece. Most Greek students then proceed onto upper-secondary education, either at a general or a vocational Lykeio, of which there are both daytime and evening ones. The country also has a thriving tertiary education system, with some of the highest-ranking universities in the world.
- 05
Health Care
The country has a history of providing publicly funded or subsidised health care through the National Health System (ESY).
Featured Properties
Greece PropertiesFAQ
What is the Greek Golden Visa?
The Greek Golden Visa is a residency-by-investment program that grants a residence permit in Greece through a qualifying investment, most commonly in real estate, offering access to the Schengen Area.
What is the minimum investment required for the Greek Golden Visa?
The required investment typically starts from €250,000 and can reach up to €800,000 depending on the location and type of property or investment selected in Greece.
Do I need to live in Greece to maintain the Golden Visa?
No, there is no minimum stay requirement. Investors can maintain their residency status without residing in Greece, offering flexibility for international individuals and families.
Can family members be included in the Greek Golden Visa application?
Yes, the program allows inclusion of close family members, including the main applicant’s spouse, children under 21 and parents of both the applicant and spouse under the same application.
Is it possible to obtain Greek citizenship through the Golden Visa?
The Golden Visa provides residency, not immediate citizenship. However, investors may apply for Greek citizenship after a number of years, provided they meet additional criteria such as continuous residence, integration and language requirements.
Can I rent out the property purchased?
Yes. You can generate passive income by renting out your property on a long-term basis. REYGLOBAL Ltd is happy to assist you with this process should you decide to rent out your property.
Do I need to be physically present in Greece during the application process?
In most cases, only limited presence is required, such as for biometric data submission. Much of the process can be handled remotely through legal representatives, making it convenient for international investors.
Why should someone choose the Greek Golden Visa program?
The Greek Golden Visa offers a combination of lifestyle and investment benefits. It provides access to the Schengen Area, no minimum stay requirement and the opportunity to invest in a stable real estate market, making it an attractive option for both personal use and long-term planning.