Greek & English
Greece is located in southeastern Europe, bordering the Mediterranean Sea from the south and the Aegean Sea from the east. Greece is a mountainous point that has been drawing a lot of attention given its breathtaking nature, rich history, and architectural remains.
As a member of the EU, Greece offers one of the most demanded Residence by Investment programs that grants access to Europe. The Greece Golden Visa Program was launched in 2013 to attract foreign and non-EU investors and their family members to obtain a renewable five-year permanent residence in Greece. In order to obtain the Greece Golden Visa, an investor must purchase a residential real estate property which should be held for as long as the investor wishes to maintain the residency status.
Investors and high-net-worth individuals should expect to receive their residence card within six months after which they can travel freely to Europe’s Schengen Area, and gain the many benefits, such as opening bank accounts and establishing businesses in Greece with the ability to hold shares and receive income from the dividends of a company registered in Greece without physically relocating.
Greece Golden Visa applicants will also be able to add their entire family for one investment package. In this case, permanent residency will be applicable to all family members and they will instantaneously have access to world-renowned healthcare facilities and highly reputable educational institutes. The ability to apply for Greek Citizenship and Passport after seven years of residence is available to investors and wealthy families.
Applicants are required to invest in real estate for the value of EUR 250,000 to obtain Permanent Residence status in six months.
- Property Investment in Greece: EUR 250,000
- Golden Visa fees for main applicant: EUR 4,116
- Golden Visa fees for spouse: EUR 406
- Golden Visa fees for dependents below the age of thirteen: EUR 216
- Golden Visa fees for dependents between the age of thirteen to twenty-one: EUR 366
- Golden Visa fees for parents of main applicant/spouse: EUR 1,046
Areas to invest:
- Athens including Glyfada, Voula, Kolonaki, Vouliagmeni
- Crete Island
On 18 April 2013, Greece introduced Law 4146/ 2013, which offers a renewable ﬁve-year Greek residency visa to foreign nationals who invest at least EUR 250,000 into residential real estate that is physically located in in Greece. A residence permit for ﬁve years is issued and can be renewed indeﬁnitely (for a 5-year period each time), provided that the real estate property is still owned by the applicant. However, the residence permits do not allow a right to employment of any type.