Greece Residence by Investment Programme

Greece, a nation distinguished by its picturesque landscapes, pristine waters, and significant historical landmarks. The Greece Golden Visa Programme, recognised as one of the most cost-effective residence by investment programmes in Europe, expedites visa-free access to Europe’s Schengen Area for successful applicants and their families within two to three months of submission.

Minimum Investment In Real Estate
EUR 250,000

Minimum Investment In Government Bonds
EUR 400,000

Time to Citizenship
6-9 months

Visa - free Access
Schengen Area

About Greece

Greece is a southeastern European nation steeped in history and culture, known for its stunning landscapes, sun-kissed beaches, and archaeological sites. As the cradle of Western civilization, Greece has a rich heritage that dates back thousands of years, evident in its ancient ruins, such as the Parthenon in Athens and the Temple of Apollo in Delphi. With more than 2,000 islands scattered across the Aegean and Ionian Seas, Greece offers a diverse range of experiences, from the bustling cosmopolitan city of Athens to the serene beauty of Santorini and Mykonos.

The Greek people are famous for their warm hospitality and love for good food, making the country a haven for gastronomes. The Mediterranean cuisine, featuring fresh seafood, olives, and feta cheese, is a highlight of any visit to Greece. With its vibrant arts scene, traditional villages, and relaxed, laid-back lifestyle, Greece has a unique charm that captivates visitors from around the world.

  • The capital of the country is Athens
  • The currency is Euro
  • The current population: 10.72 million

Greece Residence by Investment

Greece Golden Visa applicants are granted permanent residence in Greece by acquiring real estate in the amount of EUR 250,000 or by putting EUR 400,000 in fixed-term deposits or government bonds. The residency permit allows its holder visa-free travel to the Schengen area for 90 days every six months. The residency card must be renewed every five years but there are no stay requirements.

BENEFITS of Greece Residence by Investment

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The main applicant’s spouse, parents, and children up to 21 years of age can be qualified dependents for the residency card.

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Taxes need to be paid for income generated within the country; however, no tax is required to be paid for income generated outside the country.

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Visa-free travel to 27 Schengen countries.

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With recent legislative changes, Greek citizenship by naturalization is possible provided that the applicant lives in Greece for seven consecutive years and speaks the language.

RESIDENCE BY INVESTMENT

Greek Golden Visa gives you the right to set up your own business.

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No physical stay requirements.

Program Requirements

To qualify for the Greek Residence by Investment Programme, applicants may consider one of the below investment options:

Real Estate

Capital Transfer

A minimum capital transfer of EUR 400,000 in one of the following:

Application Process

The application process is straightforward, and it may take up to 3 months between initiating the process and receiving the residency documents. The application process can be divided into the following stages:

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Assessment & Onboarding:

  • Consult with Passport Legacy’s client advisors. 
  • Passport Legacy’s due diligence check is conducted.
  • Client is onboarded and retainer fees are paid.

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Application Submission:

  • Legal process commences, and bank account is opened. 
  • Client travels to Greece.
  • Biometrics appointment is booked in Greece. 
  • Investment requirements are fulfilled.
  • Documents are prepared and application for Greece’s Golden Residence Permit is submitted.

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Document & Application Processing:

  • Application is processed.
  • Application is approved. 

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Approval & Passport Handover:

  • Golden Residence Permit is granted. 
  • Our team continues to support until the permit is stamped. 

Everything you need to know about acquiring premium real estate in Greece and linked to the Greece Golden Visa Programme.

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Minimum Real Estate Investment

EUR 250,000

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Real Estate Holding Period

You will need to keep your real estate investment in order to maintain your residence permit.

sPONSOR

ROI or Rental Income Opportunity

Between 4-6%

Requirements

Ownership Type

Freehold

Legal Basis

Greece passed Law 4146/2013 on April 18, 2013, which allows foreign nationals who invest at least 250,000 Euros in residential real estate that is physically located in Greece to apply for a five-year Greek residency visa. A residence permit is given for five years (for a 5-year period each time) and can be renewed indefinitely as long as the real estate property is still owned by the applicant. However, the residence permits do not grant you any right to employment.

frequently asked questions

To become a Greek citizen, individuals will have to be a resident of Greece for at least seven years. Another critical requirement is proficiency in the Greek language.

Family members that may benefit from the same Greece Golden Visa investment include: 

  • Spouse or partner carrying a cohabitation contract in Greece.
  • Children under 21 years old when the investment is made and until 24 years old.
  • Parents and in-laws of the main investor

Properties can be purchased in all areas of Greece, including Athens, city centres, coastal areas and the beautiful islands. Property in Athens is currently cheaper than in many other European capitals, three times cheaper than Lisbon, Portugal, or Madrid, Spain and almost eight times more affordable than in Paris, France. For more information on real estate properties that qualify for the Greece Golden Visa.

You will need to travel at least once to Greece to finalise the residency application. It is possible to buy properties remotely with our assistance. In any event, our dedicated team will assist you throughout the process if you want to conduct a property view of attractive real estate opportunities.

Invest in your future with Passport Legacy and unlock a world of possibilities. Connect with one of our client advisors today to book a private consultation and discover bespoke residence and citizenship by investment solutions that cater to your unique needs.

Let’s make your dream of traveling visa-free a reality!