Greece

As an EU member state, Greece provides its residents and citizens with numerous reassuring benefits, such as strong safety and security, outstanding educational opportunities, comprehensive healthcare services, and a reliable legal system. Additionally, Greece offers a rich cultural heritage and a high quality of life. The country's vibrant communities and scenic landscapes further enhance its appeal as a desirable place to live.

Residence by Investment Overview

The Greece Golden Visa Program offers affordable access to European residency, with benefits including visa-free travel within the Schengen Area and the ability to include family members in the application, all with no minimum stay requirements.

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Investment

Minimum real estate investment of EUR 250,000

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Processing Time

Three–four months from submission of the application to approval

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Key Benefit

Freedom of travel to Greece and Europe’s Schengen Area

Key advantages of the Greece Golden Visa Program

  • Enjoy visa-free travel throughout Europe’s Schengen Area.

  • No obligation to reside in Greece.

  • Obtain residence permits within 90–120 days.

  • Residence permits have no expiry date.

  • Option to rent out the investment property.

  • Residence benefits extend to the entire family, including a married spouse, children under 21, and parents of both the main applicant and spouse.

  • Eligible to apply for citizenship after seven years of residency.

  • Ability to hold shares and earn income from dividends of a Greek-registered company, though employment in Greece is not permitted.

Requirements of the Greece Golden Visa Program

The Greece Golden Visa Program, introduced in 2013, allows non-EU nationals and their families to obtain permanent residence permits in Greece, which can be renewed every five years. The program offers various investment options:

Real Estate Investments:

  1. Purchase real estate valued at a minimum of EUR 250,000, plus applicable taxes, or EUR 500,000 in areas like Mykonos, Santorini, Thessaloniki, and most municipalities in Athens.

  2. Enter a 10-year lease for hotel accommodations or furnished tourist residences in designated tourist complexes (Article 8 of Law 4000/2001).

  3. Sign a 10-year timeshare agreement for hotel accommodations (Law 1652/1986).

Other Investment Options:

Capital Transfer:

  1. Make a term deposit of at least EUR 400,000 in a Greek bank for a minimum of one year, with automatic renewal.

Capital Contribution:

  1. Contribute at least EUR 400,000 to a Greek-based company (excluding portfolio and real estate investment companies) for shares in a capital increase or bonds listed on regulated markets or trading platforms in Greece.

  2. Invest a minimum of EUR 400,000 in a real estate investment company (Article 21 of Law 2778/1999) focused exclusively on Greece.

  3. Contribute at least EUR 400,000 to a closed-end investment company (Article 5 of Law 2367/1995) or a closed-end mutual fund (Article 7 of Law 2992/2002) that invests exclusively in Greek-based companies.

Shares, Bonds, and Government Bonds:

  1. Purchase Greek government bonds worth at least EUR 400,000 with a residual maturity of three years, through a Greek bank that will act as the custodian.

  2. Invest a minimum of EUR 800,000 in shares or corporate bonds traded on Greek regulated markets or multilateral trading platforms.

  3. Acquire units in a mutual fund valued at a minimum of EUR 400,000, incorporated in Greece or another country, with the intention of investing in Greek shares, corporate bonds, and/or government bonds.

  4. Purchase units or shares in an alternative investment fund, with a minimum value of EUR 400,000, focused on real estate in Greece, established in Greece or another EU country.

Procedures and time frame of the Greece Golden Visa Program

Step 1: Travel to Greece

Step 2: Select your desired property

Step 3: Submit your application

Step 4: Complete the final verification

Greece residence by investment program frequently asked questions

What is the Greece Golden Visa Program?

The Greece residence by investment program, also known as the Greece Golden Visa Program, offers residence to individuals and their families through significant investments in the country.

What are the investment options available for the Greece Golden Visa Program?

Investment options include real estate purchases, capital investments in Greek businesses, and contributions to government bonds.

What are the benefits of obtaining Greek residence through investment?

Benefits include the right to live, work, and study in Greece, visa-free travel within Europe’s Schengen Area, and access to a rich cultural heritage.

What is the minimum investment required for the Greece Golden Visa Program?

The minimum investment starts at EUR 250,000 for real estate purchases.

How long does it take to process an application for the Greece Golden Visa Program?

The processing time is approximately three to four months.

Can family members be included in the Greece residence by investment application?

Yes, the main applicant can include their spouse, dependent children, and dependent parents in the application.

What are the residence requirements for the Greece Golden Visa Program?

There are no specific residence requirements, but applicants must maintain their investment for a certain period.

What documents are required for the Greece Golden Visa Program application?

Required documents include a valid passport, proof of investment, health insurance, a clean criminal record, and other supporting documents.

Is it possible to obtain Greek citizenship through the residence by investment program?

Yes, after maintaining residence for seven years, investors may be eligible to apply for Greek citizenship.

What is the process for applying to the Greece Golden Visa Program?

Applicants must choose a qualifying investment, submit the application with the necessary documents, and undergo a due diligence process.

John Harris

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Emily Roberts

I am grateful for the exceptional service provided by Trust Path Visas. Their team was professional, responsive, and dedicated to helping us achieve our residency goals.

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Michael Singh

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Linda Chang

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The team at Trust Path Visas was exceptional in helping us secure residency. Their professionalism and commitment to our success were evident every step of the way.

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Contact us today

Trust Path Visas assists international clients in obtaining residence and citizenship under the respective programs. Contact us to arrange an initial private consultation

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