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Greece Residence by Investment & Golden Visa Programme

Greece is a nation known for its picturesque landscapes, pristine waters and significant historical landmarks. The Greece Golden Visa Programme gives investors and their families a five-year renewable residence permit, with visa-free travel within Europe's Schengen Area and no requirement to live in the country. Once a complete application is submitted, the permit is typically issued within three months.

250
K EUR
Minimum Investment
Schengen Area
Visa-free Travel
Up to 3 Months
Time to Residency
250
K EUR
Minimum Investment in Real Estate

About Greece

Greece is a country in southeastern Europe steeped in rich history and culture, known for its varied landscapes, white-sand beaches with crystal clear waters, and archaeological sites such as Olympia, the Temple of Poseidon and the Acropolis.

Geographic

Greece sits at the southern end of the Balkan Peninsula. The country is made up of mainland Greece and thousands of islands and islets across the Aegean and Ionian Seas, covering a total area of 131,957 square kilometres.

The Capital City

The capital is Athens, a vibrant city where ancient and modern architecture sit side by side, home to the Parthenon on the Acropolis. Thessaloniki, the country's second-largest city, has a rich cultural life and a cosmopolitan atmosphere.

Language and Government

Greek is the official language. Greece is a parliamentary republic and a member of the European Union, and its cultural heritage is rooted in its ancient history as the birthplace of democracy, philosophy and the Olympic Games.

Economy

Tourism plays a vital role in Greece's economy. Other key sectors include shipping, agriculture and renewable energy. The official currency is the Euro (EUR).

International Organisations

Greece is a member of the United Nations, the European Union and the Council of Europe, and takes an active part in regional and global affairs.

Capital
Athens
Currency
Euro (EUR)
Population
10,372,335
Region
Europe
Permit Validity
5 Years, Renewable
Processing Time
Up to 3 Months
Location
View on Map

Benefits of Greece RBI Programme

Investing in a second residency can offer various benefits, including better global mobility, access to education and healthcare, retirement planning, a pathway to citizenship and a Plan B for the family.

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Visa-free Access

Travel visa-free across the 29 countries of the Schengen Area, for up to 90 days in any 180-day period.

Family
For Family

Your spouse or registered partner, your unmarried children under 21, and both your parents and your spouse's parents can get residence permits.

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Citizenship

After seven years of lawful and permanent residence in Greece, you can apply for Greek citizenship, subject to passing the Greek language and knowledge exam.

Family
No Stay Requirement

You don't have to live in Greece. Time spent outside the country does not stop you from renewing your permit.

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Renewable Permit

The permit is valid for five years and can be renewed for another five years each time, for as long as you keep the investment.

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Low Tax Rate

Greek tax applies to income earned in Greece. If you don't become a Greek tax resident, income you earn outside Greece is not taxed there.

Greece Residency by Investment Requirements

As well as making a qualifying investment, every main applicant must meet the conditions below.

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Applicant must be 18 years of age or older.
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Applicant must hold a valid passport and have entered Greece legally.
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Applicant must show the confirmed source of the investment funds.
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Applicant must have no criminal record and must not be considered a threat to public order or security.
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Applicant must hold private health insurance.
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The full investment amount must be paid through a Greek bank or payment provider before applying.

Greece Investment Options and Costs

Real Estate
From EUR 250,000

The purchase of a single property in Greece. The minimum depends on where it is:

  • EUR 800,000 in Attica (including Athens), Thessaloniki, Mykonos, Santorini and islands with more than 3,100 residents, for a residential property of at least 120 sq m.
  • EUR 400,000 in all other areas of Greece, for a residential property of at least 120 sq m.
  • EUR 250,000 for a commercial or industrial building converted into a home, or a listed building that is restored.
  • A tourist accommodation lease or timeshare of at least five years, from EUR 400,000, or EUR 800,000 in the areas listed above.
Capital Transfer
From EUR 350,000

One of the following financial investments:

  • EUR 350,000 in units of a mutual fund that invests only in Greek listed shares or bonds.
  • EUR 500,000 in Greek government bonds with at least three years left to maturity.
  • EUR 500,000 in a fixed-term deposit with a Greek bank.
  • EUR 500,000 in shares or bonds of a Greek company, a Greek real estate investment company, or a Greek venture capital fund.
  • EUR 800,000 in shares or bonds listed on a Greek regulated market.
Government fees

The residence permit fee is EUR 2,000, plus EUR 16 for the electronic permit card. Your advisor will give you the full cost for your family during your consultation.

Greece Residency Application Process

The application process is straightforward, and it may take up to 3 months from submitting a complete application to receiving the residence permit. It can be divided into the following stages.

01

Assessment & Onboarding

  • Consult with our client advisors.
  • Our due diligence check is conducted.
  • Client is onboarded and retainer fees are paid.
02

Application Submission

  • The legal process begins and a Greek bank account is opened.
  • Client travels to Greece for the biometrics appointment.
  • Investment requirements are fulfilled.
  • Documents are prepared and the Golden Visa application is submitted.
03

Application Processing

  • Application is processed.
  • Application is approved.
04

Residence Permit Handover

  • The five-year Golden Visa residence permit is granted.
  • Our team continues to support you until the permit card is issued.

Greece Residency Through Investment FAQs

How much does the Greece Golden Visa cost?
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Real estate starts at EUR 250,000 for a converted commercial building or a restored listed building. A standard home costs EUR 400,000 in most of Greece and EUR 800,000 in Attica, Thessaloniki, Mykonos, Santorini and islands with more than 3,100 residents. Financial investments start at EUR 350,000. The residence permit fee is EUR 2,000, plus EUR 16 for the permit card. Your advisor will give you the full cost for your family during your consultation.

How long does it take to get the Greece Golden Visa?
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The permit is typically issued within three months once a complete application has been submitted.

Which family members can I include?
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Your spouse or partner with a registered cohabitation agreement, your unmarried children under 21, and your own parents and your spouse's parents. When a child turns 21, they can get their own residence permit for three more years.

Where can I buy property that qualifies?
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Anywhere in Greece, including Athens, city centres, coastal areas and the islands. The minimum depends on the area: EUR 800,000 in Attica, Thessaloniki, Mykonos, Santorini and islands with more than 3,100 residents, and EUR 400,000 elsewhere. It must be a single residential property of at least 120 sq m. Converted commercial buildings and restored listed buildings qualify from EUR 250,000 anywhere.

Do I need to go to Greece to get a residence permit?
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Yes. You will need to travel to Greece at least once to finalise the application, including giving your biometrics. It is possible to buy property remotely with our assistance.

Do I have to live in Greece?
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No. There is no minimum stay, and time spent outside Greece does not stop you from renewing your permit.

Can I work in Greece with a Golden Visa?
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No. The Golden Visa lets you live in Greece and travel within the Schengen Area, but it does not give you the right to work there.

Can I rent out my Golden Visa property?
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Yes, on long-term leases. Short-term rentals, such as holiday lets, are not allowed on Golden Visa properties.

Does the Greek Golden Visa lead to citizenship?
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It can. You can apply for Greek citizenship after living in Greece lawfully and permanently for seven years. You must also pass the exam on the Greek language, history and culture, and show that you are settled in Greece economically and socially.

Every journey starts with a conversation

A thirty-minute consultation with our advisory team will tell you whether Greece is the right programme for you, and if it is not, which of our other programmes is.