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Greece Residency by Investment

Greece's Golden Visa program offers non-EU nationals the chance to gain residency by making a qualifying investment. The most common way is through real estate, but other options include investing in a business or government bonds. The visa allows the investor and their immediate family to live in Greece and travel freely within the Schengen Area. The program offers flexibility and a straightforward path to long-term residency, with the potential for citizenship after several years of residency. It's an excellent way to enjoy the lifestyle and opportunities that Greece has to offer.

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Advantages of Residence by Investment in Greece

Visa-Free Travel in the Schengen Area

Visa holders can travel unrestricted to all Schengen countries - popular sites include France, Germany, and Italy for up to 90 days in any 180-day period.

How to Qualify for Residency of Greece by Investment

Real Estate Investment Options

€250,000 Investment - Buy and renovate special properties, such as old buildings or convert a commercial space into a home- this amount applies regardless of the property's location.

€400,000 Investment - Buy a single residential property that is at least 120 square meters in less popular areas of Greece.

€800,000 Investment - Buy property in high-demand areas like Athens, Thessaloniki, or islands with more than 3,100 people.

10-Year Lease - You can also qualify by signing a long-term lease for hotel accommodation or tourist residences. The amount required depends on the location, typically ranging from €400,000 to €800,000.

Man standing by luxury waterfront property with document

Financial and Capital Investment Options

Bank Deposit (€500,000) - Place a fixed deposit of at least €500,000 in a Greek bank for a minimum term.

Investment in a Greek Company (€500,000) - Contribute capital to a Greek company, including real estate investment firms or mutual funds.

Greek Government Bonds (€800,000) - Buy government bonds with a maturity of at least 3 years.

Stock Market Investment (€800,000) - Invest in stocks, corporate bonds, or government bonds listed on the Greek stock exchange.

Mutual or Alternative Investment Funds (€350,000) - Invest in a fund focused on Greek companies or assets. The fund must be registered in Greece or another EU country, and only investments must be made in Greece.

Man in suit sitting at desk reviewing documents

Residence by Investment in Greece - Eligibility

Establish Your Global Presence

  • Must be at least 18 years old
  • Make a qualifying investment (real estate, bonds, etc)
  • Provide a clean criminal record
  • Obtain health insurance in Greece
  • Prove that your investment funds are legally sourced

Your Gateway to Global Citizenship

Traveling and going on business trips to a plethora of countries without visas

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Greece Residence by Investment: Step-by-Step Process

Greece Residence by Investment: Step-by-Step Process

Choose Your Investment Option

1

You first need to pick how you will invest. You can invest in property (minimum €250,000), government bonds, bank savings, investment funds, or as a stakeholder in a Greek company. They each involve a certain amount of investment, such as a €500,000 bank deposit or capital for a Greek company. Choose the investment that is right for you.

Choose Your Investment Option

Prepare Your Documents

2

Next, collect all relevant documents. These include your passport, a police clearance certificate, and evidence that the money you use for your investment is clean. You'll also require health insurance for Greece. If you are bringing your family, you will need to have your spouse's marriage certificate and your children's birth certificates.

Prepare Your Documents

Hire a Greek Lawyer

3

You will need to employ a licensed attorney in Greece to help with the application. They'll make sure everything is correct and complete, and they'll handle all the legal steps for you. The lawyer will also submit your application to the Greek authorities.

Hire a Greek Lawyer

Make the Investment and Submit the Application

4

Once you've made your investment (whether it's buying property, depositing money, etc), your lawyer will submit your application and documents to the Greek authorities. The approval process normally takes 2 to 3 months.

Make the Investment and Submit the Application

Receive Your Greece Golden Visa and Renew

5

After approval, you'll receive a 5-year Greece residence permit for you and your family. This allows you to live in Greece and travel freely within the Schengen Area. The permit is renewable as long as you keep your investment. After 7 years of residency, you can apply for Greek citizenship if you meet all the requirements.

Receive Your Greece Golden Visa and Renew

Grow Your Wealth with Smart Tax Strategies

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Higher Investment in Popular Areas

The minimum investment for real estate in high-demand areas, such as Athens, Thessaloniki, Mykonos, and Santorini, has increased to €800,000. In other places, the investment minimum is €400,000. This can make the program more expensive, especially if you're looking to invest in these popular locations.

Restrictions on Property Use

If you invest in property through the Golden Visa, you can't use it for short-term rentals (like Airbnb) or business purposes. This limits your ability to earn rental income or use the property for commercial reasons.

No Work Rights

While you get residency, the Golden Visa does not allow you to work in Greece. So, if you're planning to seek employment in the country, this may not be the right option for you.

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