Passport Legacy 17

Greece Residence By Investment

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.

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

EUR 800,000

Min-Investment in High-Demand Municipalities

EUR 400,000

Minimum Investment in Other Areas

6 - 9 Months

Time to
Residency

Free Visa

Schengen
Area

Benefits of Greece Residence

Low Tax Rate

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.

Citizenship

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.

For Family

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

Business Freedom

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

Virtual Residency

No physical stay requirements.

Visa-Free Access

Visa-free travel to all Schengen countries.

Low Tax Rate

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.

Citizenship

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.

For Family

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

Business Freedom

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

Virtual Residency

No physical stay requirements.

Visa-Free Access

Visa-free travel to 27 Schengen countries.

Greece Residence Requirements

Greece residence by Invesment

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.

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:

01

02

03

04

Real Estate

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

Real Estate
0 k

Minimum Real Estate Investment (in EUR)

4- 0 %

ROI or Rental Income Opportunity

Real Estate Holding Period

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

Freehold

Ownership Type

Canale Law
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.

FAQ's
DOES THE GREEK GOLDEN VISA LEAD TO CITIZENSHIP?

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.

Overview of Greece

Greece Unveiled: A Tapestry of History, Landscape, and Climate

Greece is a historic southeastern European country located at the southern end of the Balkan Peninsula. Known for its rich history, stunning landscapes, and warm Mediterranean climate, Greece is an appealing destination for tourists and investors alike. The country comprises mainland Greece and over 6,000 islands and islets scattered across the Aegean and Ionian seas, covering a total area of 131,957 square kilometres.

Athens: Bridging the Past and Present in a Vibrant Capital

The capital city of Greece is Athens, a vibrant city where ancient and modern architecture coexist harmoniously. Athens is renowned for its archaeological sites, including the iconic Parthenon, which stands on the Acropolis overlooking the city. Thessaloniki, the country’s second-largest city, boasts a rich cultural life and cosmopolitan atmosphere. The Greek islands, each with its unique character, attract millions of visitors every year who come to explore their pristine beaches and charming villages.

Island Charms: Exploring Greece's Diverse Archipelago

Greek is the official language of the country, which has a population of approximately 10.4 million people. Greece is a parliamentary republic and a member of the European Union, providing its citizens with numerous benefits such as visa-free travel within the Schengen Area. The nation’s cultural heritage is deeply rooted in its ancient history, with Greece being the birthplace of democracy, philosophy, and the Olympic Games.

Language, Democracy, and Heritage: Greece's Cultural Nexus

Tourism plays a vital role in Greece’s economy, significantly contributing to the country’s GDP. The nation’s natural beauty, combined with its impressive historical sites and diverse recreational activities, makes it an attractive destination for travellers. Other key sectors driving the economy include shipping, agriculture, and renewable energy. The official currency is the Euro (EUR).

Economic Pillars: Tourism and Beyond in the Mediterranean Gem

As a member of various international organisations, including the United Nations, the European Union, and the Council of Europe, Greece actively participates in regional and global affairs.

Got Any Questions?

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.

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Passport Legacy 17
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Passport Legacy 17