Greece Golden Visa Program offers a pathway to secure permanent residency in
Europe via an affordable investment in real estate, which is eventually route to
permanent residency in Greece. The Greece Golden Visa Program is considered
one of the most affordable residence-by-investment programs that provides
access to Europe. Successful applicants and their families are able to benefit from
visa-free access to Europe’s Schengen Area within two months of applying.
Visa-free travel within Europe’s Schengen Area
No requirement to reside in Greece
Residence permits can be acquired within 30–60 days
Unlimited expiry date of residence permit
Opportunity to rent out the investment property
Residence applicable to the whole family (married spouse, children under 21 years old, and parents of the main applicant and spouse)
Eligibility to apply for citizenship after seven years of residence
Ability to hold shares and receive income from the dividends of a company registered in Greece (but not to be employed in Greece)
Personal Freedom. European Residency in 2 – 3 months. …
Free movement. Allows free travel within Schengen area, no visa or further documentation required, no lengthy customs checks. …
Business Advantages. Establish businesses, open bank accounts and expand investments worldwide. …
Successful applicants and their families are able to benefit from visa-free access to Europe’s Schengen Area within two months of applying. The Greece Golden Visa Program is a residence-by-investment program launched in 2013 that enables non-EU nationals and their family members to obtain permanent residence permits in Greece. The residence permits may be renewed every five years.
The visa is granted for five years and renewed every five years if the property investment is retained. It is not necessary to live in the country in order to retain and renew the investor visa. However citizenship can only be granted after seven years of residency. Investors in real estate in Greece must also budget for the additional taxes on real estate at 3%- 24%. At €250,000 + taxes and fees (just over €300,000 in total) this programme offers the lowest cost residency in Europe. The Greek residency programme is relatively fast, taking around 40 days until a residency card is issued.
1. Property Purchase
One may opt to purchase property at a minimum value of €250,000 in any part of
the country be it mainland Greece, as well as the surrounding islands. Both
residential and commercial buildings are eligible.
2. Investment in a Plot of Land
A third option is an investment in a plot of land, provided that the cumulative
value of the land purchase and the contract with the construction company is
3. Timeshare Agreement
Applicants may also proceed to sign a 10 year time-share agreement, provided
the minimum value of the lease is €250,000.