Greece Golden Visa Requirements

Residency by Investment

The Greece Golden Visa Program is one of Europe's most attractive residency-by-investment programs, offering investors and their families the opportunity to obtain Greek residency through a qualifying investment.

The most popular route is:

Real Estate Investment

• Minimum Investment Starts from €250,000

(Applicable to eligible commercial-to-residential conversion and restoration projects.)

Other investment options include:

• €400,000 Investment in Greek Mutual Funds

• €400,000 Bank Deposit

• €800,000 Real Estate Investment in Prime Locations such as Athens, Mykonos, Santorini, and Thessaloniki

The real estate route remains the preferred choice due to potential rental yields and capital appreciation opportunities.

Associated Costs

Apart from the qualifying investment, applicants should consider additional expenses such as legal representation, taxes, and government application fees.

Legal Fees

Legal and advisory fees generally start from €5,000 – €10,000 for the principal applicant.

Government Fees

Government residence permit fees are approximately €2,000 per applicant.

Property Acquisition Costs

• Property Transfer Tax – 3.09%

• Notary Fees – 1% – 2%

• Land Registry Charges – 0.5%

• Translation and Documentation Charges

Eligibility and Requirements

To apply for the Greece Golden Visa, applicants must meet a few standard criteria beyond the investment requirement.

Requirements include:

✔ Valid Passport

✔ Clean Criminal Record

✔ Valid Medical Insurance

✔ Proof of Legal Source of Funds

✔ Completion of Qualifying Investment

✔ Submission of Biometrics in Greece

The residence permit is initially granted for 5 years and can be renewed indefinitely as long as the investment is maintained.

There is no minimum stay requirement to maintain residency status.

Greece Golden Visa Benefits

Greece's Golden Visa is widely regarded as one of the most flexible residency programs in Europe.

Its key benefits include:

✔ Minimum investment starts from €250,000

✔ Eligibility to live in Greece

✔ Visa-free travel throughout the Schengen Area

✔ Family members can be included

✔ No minimum physical stay requirement

✔ Renewable residence permit every five years

✔ Potential pathway to Greek citizenship after 7 years of residence

✔ Opportunity to earn rental income from property investments