After maintaining residency for the required period (typically 7 years) and meeting additional criteria such as language proficiency and continuous residence, investors may apply for Greek citizenship through naturalization.
The Greece Golden Visa is a Residency by Investment program introduced in 2013 for non-EU citizens. It provides a renewable 5-year residence permit, primarily through real estate investment, making it one of the most attractive options for investors seeking access to Europe.
The program allows investors and their families to live in Greece, with the option to work and conduct business. It also provides visa-free travel within the Schengen Area for up to 90 days within any 180-day period.
Applicants may be eligible to apply for permanent residency after 5 years and citizenship after 7 years of continuous residency, subject to meeting the required conditions.
The Greece Golden Visa program is widely recognized for its real estate investment opportunities. Unlike several other European residency programs that have restricted or removed real estate options, Greece continues to offer this route, making it an attractive choice for investors.
The program allows individuals to acquire property in a tourism-driven European country while obtaining residency rights for themselves and their family members.
Minimum €250,000
Greek
Service sector, Industry, Real Estate
€ Euro
The Greece Golden Visa program offers several investment routes, primarily focused on real estate, along with alternative capital investment options. The minimum investment requirements vary depending on the location and type of property.
The most affordable route involves investing a minimum of €250,000 in the conversion of commercial property into residential use. This option supports the development of the residential property market in Greece.
A minimum investment of €400,000 is required for properties located in designated mid-range areas. These properties must not be in high-demand regions such as Attica, Thessaloniki, Santorini, Mykonos, or islands with populations above 3,100 residents.
An investment of €800,000 is required for properties in high-demand and prime locations, including Attica, Thessaloniki, Santorini, Mykonos, and other popular Greek islands with larger populations.
Alternative investment routes include a fixed-term bank deposit of €500,000, investment in Greek government bonds, or investment in public real estate investment companies.
The key benefit of Greece Golden Visa is the 5-year residency with dependent family members. Here are the main advantages of Greece Golden Visa residency permit:
The Greece Golden Visa grants a 5-year renewable residency permit that includes eligible family members such as spouse, unmarried children under 21, and dependent parents of both the main applicant and spouse.
Investors can generate passive income by renting out their property. Additionally, potential property value appreciation may provide long-term financial gains.
Holders can travel visa-free within the Schengen Area for up to 90 days within any 180-day period, enabling ease of travel for business and leisure.
Applicants must meet the following criteria:
The Greece Golden Visa process begins with an initial assessment of the applicant and continues through property selection, application submission, and final approval.
The process starts with an evaluation by Travel Abroad, where applicants are guided on requirements, investment options, and documentation.
The application is submitted along with all required documents and proof of investment for review by the relevant authorities.
Applicants are assisted in planning a visit to Greece to select suitable real estate for investment, along with preparation of necessary travel and documentation.
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