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Greece Golden Visa Program

About Greece

 

Greece is distinguished by its rich history, stunning natural beauty, and vibrant culture. It is one of the oldest civilizations in the world, located in a unique location at the crossroads of Africa, Asia, and Europe. It is a major tourist destination, home to numerous remarkable attractions, starting from the Acropolis in Athens to its enchanting islands such as Santorini and Mykonos. Visitors can explore ancient ruins and archaeological temples while enjoying golden sandy beaches and crystal-clear blue waters.

  • Language: Greek
  • Currency: Euro
  • Total Area: 128,900 km²
  • Capital: Athens

About the Greece Golden Visa program

 

In 2013, the Greek government launched the Golden Visa program, aimed at boosting the country’s economy. This program offers qualified investors and their families the opportunity to obtain a renewable permanent residence in Greece for a period of five years.

Under the terms of the Golden Visa, investors wishing to participate in the program are required to invest in real estate in Greece according to several paths. They are also required to retain ownership of the purchased property to ensure their residency renewal.

Benefits of the Greece Golden Visa program

The Greek Residency – Golden Visa program offers many benefits to investors, the most important of which are:

Freedom of Movement within the Schengen Area

Investors and their family members can freely travel between all Schengen countries without the need for a visa, making it easy for them to explore Europe.

No Obligation to Reside in Greece

Investors and their family members are not required to reside in Greece to renew their residency, giving them the freedom to choose their place of residence.

Inclusion of Family Members

In addition to the investor, the spouse, children under 21, and parents can be added to the residency application.

Property Transfer Tax

Greece offers the lowest property transfer tax in Europe, making it an attractive destination for real estate investment.

Social Rights and Education

Investors and their families have the opportunity to benefit from social advantages and educational rights provided by the Greek golden visa.

Return on Investment

Investors can generate a return on their investment by renting out the property they have purchased, offering the opportunity to increase their capital.

Greece Golden Visa Requirements

 

Main applicant requirements

  • Have a clean criminal record.
  • Have insurance coverage in Greece.
  • Submit an entry visa to the Greek consulate in their country of origin or residence.
  • Have adequate funds to make the required investment.

 

Eligible Family Members who can be included in an application

  • Spouse of the Investor.
  • Children of the investors below 21 years old.
  • Parents and parents-in-law

Investment options for obtaining the Greek Golden Visa program

 

According to the law, there are several investment paths in the program:

  • Starting from 800,000 EUR in Athens and all its suburbs, the Thessaloniki region, Mykonos, Santorini, all islands with a population of more than 3,100, and certain administrative units.
  • Starting from 400,000 EUR in all other regions. (Conditions apply.)
  • Starting from 250,000 EUR in certain exceptional properties.

Process and steps of obtaining Greece Golden Visa

 

  1. Step One: Collect all the required documents and forms.
  2. Step Two: Locate the property in Greece and arrange for purchase.
  3. Step Three: travelling to Greece to apply for the residence permit.
  4. Step Four: Investors and included family members will be issued a one-year permit that allows them to reside legally in Greece until the decision on the application is made. 
  5. Step Five: When the application is fully processed (within approximately two months), the government will issue a decision regarding the application.
  6. Step Six: Upon approval, the biometric information will be required to issue a 5-year residency permit for applicants.

Our Services

 

  • Provide real estate investment options.
  • Provide consultation services for your case and what is required for this program.
  • Assist in reviewing and preparing your documents and forms.
  • Schedule and organize your exploratory visit to Greece (remote purchase is available).
  • Follow up on the application status and update you frequently
  • Residency cards are delivered to where the investor is located.

FAQ’s

What are the requirements for renewals?

Renewal requirements are the same as those for obtaining residency, which is to maintain the investment.

Can I rent the property I purchased?

Yes, it is allowed under Greek law to rent out the property you own and obtain a return from it.

When can the investor apply for Greek citizenship & passport?

Investors who hold the golden visa will be eligible to apply for Greek citizenship after 7 years of continuous residency, and accordingly, be issued a Greek passport.

Where is Greece located?

The Republic of Greece is part of the European Union, located in southeastern Europe, on the borders with Albania, Bulgaria, and Macedonia to the north, and Turkey to the east. It consists of 13 regions, with a total area of ​​128,900 square kilometers. The country has a total population of more than 10,7 million people, and the most populated city is the capital, Athens, with a population of more than 3,1 million, where the locals use Greek as the official language of the country. The country is characterized by its mainly Mediterranean climate, which has relatively warm and dry summers and rainy, mild winters. In terms of the terrain, it is mostly mountainous, as the highest peak is located in Mount Olympus with 2,917 meters above sea level. Greece also has a long coast with many beaches and world-renowned islands such as Santorini and Mykonos.

Is Greece a Schengen country?

Yes, Greece signed the Schengen Agreement. The residence permits issued by Greece are valid in all Schengen states.

What is the strength of the Greek passport?

The Greek passport is currently ranked 5th according to the Reach Immigration Passport Index, providing access to 187 destinations around the world, and is considered one of the most desirable passports, as it gives its holder the highest degree of mobility between various destinations.

What countries does the passport of Greece allow you to enter without a visa?

Greek passport allows entry to 144 countries without a visa according to Reach Immigration Passport Index, and the countries were distributed as follows: Europe:albania, Andorra, Armenia, Austria, Belarus, Belgium, Bolivia, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Faroe Islands, Fiji, France, Finland, French Guinea, French Polynesia, French west Indies, Georgia, Germany, Gibraltar, Greenland, Hungary, Iceland, Ireland, Italy, Kiribati, Kosovo, Kyrgyzstan, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Mayotte, Moldova, Monaco, Montenegro, Netherlands, North Macedonia, Norway, Palau, Poland, portugal, Romania, Reunion, San Marino, Serbia, Sweden, Switzerland, Ukraine, United Kingdom, Vatican. Americas: Anguilla, Antigua and Barbuda, Argentina, Aruba, Bahamas, Barbados, Belize, Bermuda, Bonaire Saint Eustatius and Saba, Brazil, British Virgin Islands, Cayman Island, Chile, Colombia, Cook Islands, Costa Rica, Curaçao, Dominica, Dominican Republic, Ecuador, El Salvador, falkland island, Grenada, Guatemala, Guyana, Haiti, Honduras, marshall islands, Mexico, Montserrat, New Caledonia, Nicaragua, Niue, Panama, Peru, Saint Kitts and Nevis, Saint lucia, Saint Vincent and the Grenadines, Samoa, slovakia, slovenia, Spain, saint maarten, Turks and Caicos Islands, Uruguay, Vanuatu, Venezuela. Asia: brunei, Hong Kong, Indonesia, Iraq, Israel, Japan, Kazakhstan, Macau, Malaysia, Micronesia, northern mariana islands, Oman, Palestine, Paraguay, Philippines, Qatar, Singapore, Solomon Islands, South Korea, Taiwan, thailand, Timor-Leste, Tonga, Turkey, Tuvalu, Uzbekistan. Africa: Botswana, Cape Verde, Eswatini, Gambia, Jamaica, Mauritius, Morocco, São Tomé and Príncipe, Senegal, South Africa, Tunisia.

What countries does the passport of Greece allow you to enter with a visa on arrival?

A Greek passport allows entry to 43 countries with a visa on arrival, according to the Reach Immigration Passport Index, and the countries were distributed as follows:Asia: Bangladesh, Bahrain, Cambodia, Iran, Jordan, Kuwait, Laos, Lebanon, Maldives, Mongolia, Nepal, Papua New Guinea, Saudi Arabia. Africa: Burkina Faso, Comoros, Egypt, Ethiopia, Gabon, Guinea-Bissau, Kenya, Madagascar, Malawi, Mauritania, Mozambique, Rwanda, Seychelles, Sierra Leone, Somalia, Tanzania, Togo, Uganda, Zambia, Zimbabwe. Americas: Saint Helena Island.

Can more than one investor own a property and be eligible for a Golden Visa?

Yes, more than one investor is allowed to share ownership of one property under certain conditions.

How long does it take to obtain a Greek Golden Visa?

Obtaining a Greek golden visa takes 3 months (may change depending on the government or relevant authorities) from the date of application.

Do I have to travel to Greece while submitting my application?

No, the application can be done remotely, but you have to travel to Greece to obtain the fingerprints for the residence permit.

Can I travel in Schengen countries with a Greek Golden Visa?

Yes, by obtaining a golden visa for Greece, you and your family members can travel to Schengen countries without a visa.

For How Long Is the Residence Permit Valid?

The residence permit you get with the Greece Golden Visa is valid for 5 years, after which you can renew it indefinitely every five years as long as you keep the real estate investment.

How Long Do I Have to Stay in Greece to Renew the Residence Permit?

There are no stay requirements in order to renew a Golden Visa Residence Permit.

Does Greece allow dual citizenship?

Yes, Greece allows you to have more than one nationality in addition to its own.
Program Details
Passport Rank

5

Investment Amount

250,000 Euro

Processing Time

3 Months

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What Our Clients Say

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