Greece
GOLDEN VISA PROGRAM

  • MINIMUM INVESTMENT
    € 250,000
  • TIME TO RESIDENCY
    2-3 months
  • INITIAL RESIDENCY STATUS
    5 years
  • MINIMUM RESIDENCE REQUIREMENT
    NONE

PROGRAM BENEFITS

Greece Golden Visa Program

Family Reunification

Include your spouse and children under the age of 21

Greece Golden Visa Program

Low Investment Threshold

Lowest required amount of real estate investment in Europe for residency

Greece Golden Visa Program

Extended Family Inclusion

Residency permit extends to the main applicant’s parents and parents in law without further requirements

Greece Golden Visa Program

Visa-free Travel

to 164 countries

Greece Golden Visa Program

Unlimited Renewal

Renew your residency permit indefinitely every five years

Greece Golden Visa Program

Double Taxation Treaty

Income received from countries outside of Greece are not subject to taxation

INVESTMENT TYPES

REAL ESTATE OPTION

  • Purchase of a property with a minimum investment value of €250,000

OTHER OPTION

  • 10 years of lease agreement signed for hotel accommodations or furnished tourist residences in integrated tourist resorts
  • €800,000 investment for Greek government bonds, kept for five years
  • €400,000 investment for bonds or shares of real estate investment companies, kept for at least three years
  • €400,000 investment in bank deposits

OUR OFFICES

Experience our global reach and local expertise through our various offices around the world.

CALL US

Greece Golden Visa Program

+351 96 856 3232

EMAIL US

Greece Golden Visa Program

LONDON

Greece Golden Visa Program

1 Fore Street Avenue, EC2Y 9DT
London / United Kingdom

 

Greece Golden Visa Program

LISBON

Greece Golden Visa Program

Avenida da Liberdade, 110, 1269-046
Lisbon / Portugal

 

Greece Golden Visa Program

ATHENS

Greece Golden Visa Program

Karneadou 4, 106 75
Athens / Greece

 

Greece Golden Visa Program

ISTANBUL

Greece Golden Visa Program

Büyükdere Caddesi 207/41, Levent
Istanbul / Turkey

 

Greece Golden Visa Program

CONTACT US

Reach out to us with any queries you may have regarding the citizenship/residency solutions.

Your form will be saved when you press the next button. Please kindly give the right contact details so that we can reach out to you*

Free Brochure & Consultation

    GOLDEN VISA STATISTICS
       July 2013 – 30 October 2018

  • TOTAL INVESTMENT
    2.600.000.000,00 €*
  • TOTAL NUMBER OF FAMILIES
    3620
  • Total residence permit for family members
    9756
  • *estimated number

STEPS & TIMELINE

Greece Golden Visa Process through Real Estate Acquisition

Greece Golden Visa Program
DOWNLOAD BROCHURE

Do you need more information on the Greece Golden Visa Scheme and the real estate market in Greece?

WHY GREECE

Greek citizens get visa-free access to 164 countries.
WHY GREECE

 

19.7% of GDP
Total contribution of travel & tourism

 

3rd Largest Coastline
İn Europe

 

63.7 Million Travellers
Landed on Greece in 2018 (historic high)

 

COUNTRY DEMOGRAPHICS

GDP
US$218.06

 

TOTAL AREA
131,957 sq. km

 

CAPITAL
Athens

 

TIME ZONE
GMT+2

Greece Golden Visa Program is a favorable residency by investment program. The program grants permanent residence permit to individuals who invest in a real estate worth at least € 250.000. The required investment is the lowest investment amount in for European residency. What are the benefits of Greece Golden Visa Program? Investors may include their family members into the program. According family reunification in Greece, the spouse, dependent children under the age of 21, applicant’s parents and parents- in law can obtain Greek residence permit through Golden Visa Program. As a member of European Union, Greece offers visa-free travel to 164 countries including the Schengen countries. The permanent residence permit is received within 2 to 3 months. The initial residency status is set at 5 years and the residence permit can be renewed for infinite times. Although the real estate investment for €250.000 is the most preferred option, there are many other investment options within the program. Investors may choose the sign a 10 years of lease agreement for hotel accommodation or make a €800.000 investment for Greek government bonds and maintain it for five years. Other investment options are making a €400.000 investment for Greek bonds or shares of real estate investment companies and maintain the investment for minimum 3 years. If the applicants chooses to make a real estate investment in Greece, our experienced team will guide you throughout the process. In order to select the best property that satisfies your preferences, our local team will provide the personalized solutions. After the properties are short listed, it is recommended to visit the properties and neighborhoods in Greece. The selected property is reserved when the reservation fee is transferred and reservation agreement signed. The investor has to open a bank account in Greece and obtain a Greece non-resident tax number. Also, the investor may choose to work with a Power of Attorney to carry out the legal steps. When the legal Due Diligence of the property is completed, the investor can purchase the property. Acquisition of Greek real estate takes place after completing the promissory sale and signing the purchase agreement. The Golden Visa application starts with gathering all the required documents. The applicants need to visit Greece to make a biometric appointment and submit the date the authorities. Greece Golden Visa is generally approved in 2 to 3 months. After the Golden Visa approval, investors receive their Greek resident cards. The Golden Visa residence cards can be renewed every five years. How to get Greek citizenship through Greece Golden Visa Program? The holders of Greece Golden Visa can apply for Greek citizenship after seven consecutive years of legal residence. Greek citizenship requires language and culture test and it is expected to become a tax resident in Greece. Greece Golden Visa Program is a very advantageous program and offers the most affordable route to European residency.

Greek Golden Visa Application Order

Greek Golden visa has a rather easy to follow list of instructions. This is why it is one of the more popular Golden Visas to begin with. First of all, the applicant must apply to an entry visa to Greece, a normal procedure. This should be done to the Greek consulate in one’s home country.

Then the necessary documents related to the specific Golden Visa requirements must be collected and presented to the authorities. These documents then should be submitted to the branch of Alien and Immigration Department at the Decentralised Authority that is found near the property the applicant bought in Greece.

All of these necessary documents must be presented to the officials before the actual date of the entry visa. Ultimately, by using their entry visa the applicant should conclude the transactions and legal acts that are required in Greece and this should conclude their Golden Visa application.

Greece Golden Visa has a list of criteria for eligibility:

First of all, the applicant needs an entry visa to the country to be able to obtain a residence permit.

Possible beneficiaries of the permit are:

-Non-EU nationals who own a property in Greece that is at the minimum value of €250.000

-Non-EU nationals who have signed a lease agreement for at least ten years

-Non- EU nationals who bought an a plot of land in order to erect a building with the total value at minimum €250.000

Investors can live with their families at European standards with a residence permit from Greece. Individuals who have the right to freely move within Europe can also benefit from education and employment opportunities in Europe. The Golden Visa holders can also benefit from public services which are at the EU standards. Health care is well developed in Europe, and investors can make use of it as they wish. The standards of the education system in European countries are high. The debt crisis in Greece began in 2009. Greece has recovered greatly over the years. The measures and incentives taken by the new government in Greece has positive developments in the economy. New policies seem to be successful at attracting foreign investors to Greece.According to the new regulations, there are many tax advantages applied to foreign investors. The government encourages especially real estate investments. In these circumstances, it is very advantageous to apply for the Golden Visa program in Greece.

DOES GREECE GOLDEN VISA LEAD TO CITIZENSHIP?

The short answer is Yes, Greece Golden Visa holders CAN obtain Greek citizenship Greece Golden Visa Program offers the most affordable route to permanent residence permit in the EU. For this reason, the Greece’s program is one of the most popular golden visa programs among the investors. The applicants may consider the Greece Golden Visa Program an advantageous one because along with its relatively low required investment amount, it gives access to European Union and all of the benefits that come with it.

WHAT DOES GREECE GOLDEN VISA OFFER?

Visa free travel within the Schengen area is one of the most the major advantages that attract the applicants. Moreover, Golden Visa holders have the right to benefit from the public services as if they are a Greek citizen. The Golden Visa applicants usually seek to enhance their global mobility and upgrade their residence permit to a second citizenship. There has been an uncertainty around whether if Greece Golden Visa leads to citizenship or not.

GREEK CITIZENSHIP THROUGH GREECE GOLDEN VISA

According to Greek Nationality law, Greek citizenship can be received through naturalization after 7 consecutive years of real residency. The applicants are required to succeed in culture and language tests. However, these may not be sufficient to become a Greek citizen. The authorities have to be convinced that the applicants have a vital interest on Greece. Therefore, there is no exact way to specify the requirements for naturalization. However, becoming a tax resident in Greece would be one of the effective ways to prove your interest in obtainig a Greek citizenship. The minimum stay requirement can for the naturalization can be accepted as 6 months per years, but still the decision is left national authorities at the end of the day. Greek citizenship can be received through naturalization after 7 consecutive years of real residency.

THE REQUIREMENTS FOR GREEK PERMANENT RESIDENCY

How to apply for Greece Golden Visa? Greece Golden Visa Program offers several investment options. The most preferred option is the € 250.000 real estate investment. The Greek permanent residence permit should be renewed every five years and the applicants have the unlimited right to renew their permit. Also,there is no minimum residence requirement to maintain the residence permit. Greece Golden Visa investment types are as following:

- Purchase of a property with a minimum investment value of € 250,000

- 10 years of lease agreement signed for hotel accommodations or furnished tourist residences in integrated tourist resorts

- €800,000 investment for Greek government bonds, kept for five years

- €400,000 investment for bonds or shares of real estate investment companies, kept for at least three years

- €400,000 investment in bank deposits

THE FUTURE OF GREECE GOLDEN VISA

Although it would be wrong to state that Greece Golden Visa Program directly leads to second citizenship, it is actually legally possible if the applicants complete the certain additional requirements. Most of the Golden Visa investors have the desire to become a European citizen on the long term. However, currently there is no simplified route to naturalization that is available for Golden Visa holders. A process of naturalization intagrated with the Greece Golden Visa program remains as one of the future expectations. The professionals and the investors will be waiting for amendments in the future.

Greece is a highly developed European country in the field of tourism. Many foreign tourists from all around the world visit Greece every year. Greece's favorable climatic conditions and deep-rooted history play an active role in the success of Greek tourism. Greece Golden Visa investors mainly come from China, Russia and Turkey. Investors can apply for the Golden Visa program if they invest in real estate in Greece. The applicant has a permanent residence permit and is entitled to unlimited renewal in five-year periods. After that, the investor and his family obtain the privileges of living in Greece.