Greece Golden Visa Program

Gain permanent residency by purchasing property and enjoy visa-free travel across 29 Schengen countries

8-12 months

Status Type:

Permanent Residents

Investment Requirement:

Minimum investment of €400,000, increasing to €800,000 in high-demand regions

Residency Requirement:

None

Language Requirement:

None

Project Overview

The Golden Visa is a Greek residence permit offered through a residence-by-investment program. It is designed for non-EU citizens who purchase real estate in Greece, providing a straightforward path to European residency.

This program offers numerous benefits, including visa-free travel across the Schengen area, access to Greece’s healthcare and education systems, and the opportunity to live in one of Europe’s most beautiful and culturally rich countries. Family members can also be included under the same residency permit.

While there is no requirement to become a Greek tax resident, the Golden Visa can pave the way to citizenship after seven years of residence and tax compliance.
To qualify, an investment in Greek real estate valued at €400,000 or more is required.

Transitional Deadlines:

  • By August 31, 2024, at least 10% of the property price must be deposited into the developer’s account and the agreement certified.
  • By December 31, 2024, the property transfer must be completed to secure eligibility under the current policy.

Under the new policy, the required investment amount will increase to €400,000–€800,000, depending on location and property type.

Project Advantages

  1. The residency permit is valid for five years and can be renewed for long-term security
  2. Visa-free travel throughout the entire Schengen area
  3. The program provides access to Greece’s public services, including healthcare and education
  4. Can apply for the same permit for spouse or partner, minor children, financially dependent adult children, and even dependent parents
  5. To keep permit valid, applicants only need to visit Greece once a year, and an extended stay is not required
  6. Citizenship becomes available after seven years

Eligibility Requirements

  1. Valid Passport
  2. Police Clearance from the country of origin or current residence
  3. Proof of Funds
  4. Health Insurance Coverage in Greece for the applicant and all dependents
  5. Proof of Investment
    • Real Estate Investments
      • Proof of property transfer issued by the Greek Land Registry
      • Certificate confirming the transaction was completed without any legal impediments
    • For Company Investments
      • Documentation detailing the company receiving the investment, specifying whether it is new or existing
      • Information including company name, type of entity, shareholder details, and percentage shareholdings
      • A document outlining the nature and specifics of the capitalization
      • A detailed project budget and financing structure
      • Official confirmation of the company or project location
      • A timeline for capital deployment
    • For Touristic Rentals
      • Timeshare or rental contract valid for a minimum of five years, indicating the annual price and a total rental value of €250,000
      • Certificate from the National Tourism Organisation (EOT) confirming notification of the timeshare contract
      • Proof of transfer registration issued by the Greek Land Registry

Application Process

  1. Select the property for investment
  2. Finalize the property transaction
  3. Prepare needed documentation
    • Required documents include proof of investment, a valid passport, and health insurance
  4. Appoint legal representation to oversee the process and ensure the property has undergone comprehensive legal due diligence
  5. Submit application
  6. Upon approval, the residency permit is issued
  7. Path to permanent residency and citizenship
    • After five years of residency, applicant can apply for permanent residency and after seven years of residence and tax compliance, eligibility for Greek citizenship and a passport may be possible

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