Greece Golden Visa
Often referred to as the cradle of Western Civilisation, Greece is strategically located in Southern Europe at the crossroads of Europe, Asia and North Africa. Greece has been a member of the European Union since 1981 and joined the Schengen Area in 2000.
The Greece Golden Visa enables non-EU nationals and their family members to acquire permanent residence by investing in Greece.
The Greece Golden Visa allows investors and their family members to reside in the country permanently, providing the property is still owned by the investor.
Benefits
- No Requirements to Reside in the Country
- Path to EU Citizenship
- Return on Investment
- Schengen Mobility
Investment Value
Whilst there are a number of investment options for the Greece Golden Visa, by far the most popular type of investment is the acquisition of real estate.
The minimum investment amount for purchasing property is €250,000 and can include more than one property.
There is no restriction on the type and number of properties purchased – it can include residential, commercial or land plots as long as the total contractual purchase price reaches the minimum threshold. Investors can purchase property together, providing each investor spends the minimum required amount.
In 2023, the minimum property purchase price was increased to €500,000 in certain areas. These include the localities of Thessaloniki, Santorini, Mykonos and in the North, Central & South sectors of Athens. In such cases, applicants may only invest in one property.
Procedure & Timeline
2 - 4 WEEKS
Choose Property
– Decide on the property investment criteria
– Choose qualifying property
2 WEEKS
Complete Legal Steps
– Apply for a Greek tax number
– Sign Power of Attorney
1 - 3 MONTHS
Complete Investment
– Due diligence conducted on property
– Sign Promise of Sale Agreement
– Complete Purchase
1 WEEK
Submission & Biometric Data
– Application submitted showing evidence of investment, health insurance & paid government fees.
– Temporary Residence Card is issued
– Travel to Greece within 12 months for Biometrics
2 - 3 MONTHS
APPROVAL
– Greek Authorities will review & approve the application
1 MONTH
RESIDENCY CARD ISSUED
-Valid for 5 years