Golden Visa to Greece - a program for obtaining a residence permit for investments
Since 2018, approximately 15,000 investors have obtained Greece's residence permit through the investment program, also known as the "Golden Visa." The majority of these individuals opted for the real estate purchase route.
Golden Visa to Greece - a program for obtaining a residence permit for investments
16.03.2025
Applicant Requirements
Last year, the Greek government revised the investment conditions by raising the property acquisition threshold to 800,000 euros in the most sought-after areas and 400,000 euros in less popular zones.
However, the opportunity to purchase property for 250,000 euros is still available, albeit with a more limited selection of options.
However, the opportunity to purchase property for 250,000 euros is still available, albeit with a more limited selection of options.
- Visa-Free Travel: Investors holding a residence permit for Greece can travel freely within the Schengen Area.
- Simplified Residence Process for Family Members: The permit grants all family members of the investor an easier path to residence.
- Passive Income Potential: Investors have the opportunity to earn rental income from properties they acquire.
- Right to Relocate and Security: A residence permit allows investors to visit Greece whenever they wish without restrictions. While permanent residence is not mandatory, the investor must maintain their investments. However, obtaining Greek citizenship requires staying in the country for a set number of days per year.
- Tax Benefits: As a resident of Greece, foreign investors can take advantage of the country’s favorable tax system.
- Access to Quality Healthcare and Education: Investors and their families can benefit from Greece’s excellent medical and educational services.
Greece Citizenship by Investment: Benefits
Investment Opportunities
- Real Estate: Investing in real estate for at least 250,000 euros, or 500,000 euros in 36 specific municipalities in Greece.
- Alternative Investment Funds: Investments starting from 400,000 euros in a fund registered in Greece or the EU that focuses on Greek real estate.
- Leasing Agreements: Signing a lease for a hospitality property worth at least 250,000 euros, with a minimum lease term of 10 years.
- Investment Fund: Contributions from 400,000 euros in a Greek-registered fund, investing in government or corporate bonds.
- Stocks and Bonds: Investment of at least 400,000 euros in capital-increasing stocks or tradable bonds on regulated Greek markets.
- Government Bonds: Investments starting from 800,000 euros in corporate government bonds.
Foreign nationals can apply for a residence permit in Greece through investment if they meet the following criteria:
- Over 18 years of age.
- No criminal record.
- A legitimate source of income.
- Citizenship from a non-EU country.
How to Obtain Greek Citizenship through Investment
Step-by-Step Process to Obtain a Residence Permit
The process starts with acquiring a residence permit. Greek citizenship can be obtained through naturalization after residing in Greece for 7 years. However, there's no need to stay year-round; being present for at least 183 days a year suffices.
Extending a Greek Residence Permit
- Visit Greece with a valid visa.
- Choose an appropriate investment property.
- Purchase the property or make another necessary investment.
- Gather all required documents for the residence application.
- Submit the application.
- Complete biometric data collection.
- Receive the resident card.
Golden Visa in Greece with StableGrowz
The residence permit is valid for 1 to 5 years, depending on the basis for its issuance. To renew it, the resident must submit a renewal application along with the necessary documents to the immigration office.
The application should be submitted no later than 2 months before the current permit expires. The applicant must demonstrate continued compliance with the conditions. For instance, investors must prove that they still own the purchased property.
The application should be submitted no later than 2 months before the current permit expires. The applicant must demonstrate continued compliance with the conditions. For instance, investors must prove that they still own the purchased property.
Need a residence permit or citizenship through real estate purchase in Greece? We're here to assist! Book a free online consultation on our website, and we'll create a detailed “roadmap” for your next steps.
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