Greece Golden Visa
Since its launch in 2013, the Greek Golden Visa has become one of the most highly prized in Europe.
The Greek Golden Visa is a residency by investment programme aimed at non-EU citizens. The programme grants a five-year residence permit in exchange for a minimum investment of €250,000 in Greek real estate.
It is, without doubt, the most flexible and affordable of all the EU schemes allowing investors and their families residency in just 2 short months. Greek Golden Visa holders can also apply for citizenship after residing in Greece for over seven years.
Minimum Investment
€250,000
Processing Time
3-4 months
Key Residency Benefit
Route to Greek Citizenship
About Greece
Population
Greece has a population of approximately 10.4 million people, spread across a land area of 131,957 km². The population density is around 79 people per km².
Capital City
Athens is the capital of Greece, with a population of around 3 million. It is a historic city known for its ancient landmarks and serves as the economic center of the country.
Climate
Greece enjoys a Mediterranean climate with hot, dry summers and mild, wet winters, particularly in coastal regions and islands.
Currency
The official currency of Greece is the Euro (EUR), which has been in use since 2001 when it replaced the drachma.
Languages
Greek is the official language of Greece, spoken by the vast majority of the population. English is widely spoken in urban areas, particularly in tourism and business sectors.
GDP
Greece has a GDP of approximately $240 billion USD, with key industries including tourism, shipping, agriculture, and manufacturing.
Greece
Greece, located in southeastern Europe, is a country known for its rich history, ancient ruins, and stunning Mediterranean landscapes. Famous for its contributions to Western civilization, including philosophy, democracy, and the arts, Greece offers a blend of historic charm and modern vitality. The country is home to beautiful islands, crystal-clear waters, and a vibrant culture centered around food, music, and festivals.
Athens, the capital, serves as both the political and cultural heart of the nation. Tourism, shipping, and agriculture play significant roles in Greece’s economy, making it a popular destination for visitors and investors alike.
Benefits of a Residency in Greece
Visa-free travel
The Greece Golden Visa Program grants visa-free access to the 29 Schengen area countries.
Family Visa
You can include a spouse or a partner in your application. Same-sex couples are welcome.
Path to Greek Citizenship
Eligibility to apply for citizenship after seven years of residence.
Fast Process
Residence permits can be acquired within 90–120 days. There is also an unlimited expiry date of residence permit.
Investment Oppurtunities
Investing in Greek property not only delivers you a Greece Golden Visa. You can also collect rent from any tenants you rent the property out to.
Minimum Stay Requirement
There is no need to reside in Greece. For example, the only time you need to visit is for your biometrics submission.
Key Benefit Of Residency In Greece
It is possible to apply for Greek citizenship after living in the country for at least a 7-year period with 183 days of physical residency per year. To secure citizenship, applicants must also pass a Greek language proficiency test.
Greek citizenship is an EU citizenship, meaning applicants can access additional benefits. These include the ability to live, work and study anywhere in the EU. Greek passport holders are also granted visa-free travel to over 180 countries.
For those who hold Greek citizenship, their unmarried children under the age of 18 are also granted citizenship.
How to obtain Residency in Greece
Property investment
A minimum real estate investment of €250,000 is required for most areas in Greece. This may consist of single or multiple properties.
There are no restrictions on the type of property. Investments may include commercial and residential properties, as well as land. The applicant must enter into a 10-year lease agreement for tourist and hotel accommodation.
From 1st August 2023, the minimum amount for the real estate option is set to rise. The minimum amount is increasing to €500,000 in certain areas and is restricted only to one property in these areas.
Financial investment
Invest in various types of financial investments with a minimum value of €400,000. Investment options include:
Term deposits in a Greek bank with standing orders for automatic renewal
Greek government bonds
Corporate bonds
Equity investments
Various types of funds, such as mutual funds
Investments in publicly traded financial instruments
Specific requirements vary for each of these investment options.
Frequently Asked Questions
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Processing times for the Greece Golden Visa application can vary on a case-by-case basis. On average, Golden Visas are received within two months of submitting the application.
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It is possible to apply to become a Greek citizen through naturalisation. This means the applicant must maintain continuous residence in Greece for at least seven years with 183 days of physical residency per year.
Applicants are also required to pass a Greek language proficiency test.
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Family members can be included in the application. The principal investor can include:
Spouse
Children and spouse’s children under the age of 21* provided they are not married
Parents and parents-in-law
*When the children turn 21, a 3-year independent residence permit can be applied for and is issued until the age of 24. Children over 21 years old can also receive a Golden Visa provided that the value of the acquired real estate is at least an additional €250.000 for each child over 21 years old.
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The Greece Golden Visa is open to all non-EU citizens who invest in Greece as per the Golden Visa Law requirements.
Residency Programmes
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Greece
Investment: 250,000 USD
Route To Greek Citizenship
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Malta
Investment : 130,000 USD
European Residency Permit
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Portugal
Investment: 500,000 EUR
Golden Visa Free Travel
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Spain
Investment: 500,000 EUR
Route To Spanish Citizenship
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UAE
Investment: 550,000 USD
Favourable Tax System
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USA EB-3
Investment: 45,000 USD
Permanent Residency In The USA
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USA EB-5
Investment: 800,000 USD
USA Green Card
Book a Free Consultation
With the range of programes available it can be difficult to know which is best suited to your needs and what offers the best benefits. Book a Free Consultation today to get our expertise and begin your journey to Freedom.