Greece Residence by Investment

Greece offers one of the most competitive and popular Residence by Investment (RBI) programs in Europe, known as the Greek Golden Visa program. This program allows non-EU citizens and their families to obtain permanent residency in Greece through real estate investment or other eligible investment options. The program offers flexibility in investment choices and no minimum stay requirements.

Key Requirements
  • Proof of Funds:
    Investors must provide evidence of funds used for the investment, and these funds must originate from outside Greece.
  • Clean Criminal Record:
    Applicants are required to provide a clean criminal record from their home country.
  • Property Ownership or Investment:
    The investment must be finalized, and proof of ownership of the property or investment must be submitted.
  • Proof of Accommodation:
    Applicants must provide proof of a residential address in Hungary.
  • Health Insurance:
    All applicants must have valid health insurance that covers medical expenses in Greece.
Application Process
  • Finalizing the Investment

    The first step is to make the required investment (real estate purchase, capital investment, etc.) in Greece. Submission of the application. Applicants should choose their preferred investment option from real estate or other qualifying investments.

  • Submission of Application

    The application must be submitted to the Greek authorities, including all necessary documents (proof of investment, clean criminal record, health insurance, etc.).After submitting the application, the applicant must visit Greece to submit biometrics data. Once this is done, a residency permit is issued, which is valid for 5 years and renewable thereafter.

  • Residency Renewal

    The permit can be renewed every 5 years as long as the investment is maintained and the applicant meets other program requirements. The residence permit also applies to the applicant’s family, including spouse, children under 21, and parents of the main applicant and spouse.

  • Renewals and Permanent Residency

    The residence permit can be renewed every five years, as long as the qualifying investment is maintained. Applicants are eligible to apply for Greek citizenship after seven years of continuous residence.

  • Citizenship Eligibility

    After seven years of residence, successful applicants are eligible to apply for Greek citizenship, provided they meet all residency requirements. Applicants must maintain their investment and fulfill other criteria during the seven-year period to be eligible for citizenship.

Program Wise Fee Structure
Purchase Converted/Restored Property
Program Fee
  • Commercial Real estate converted into residential property: €250,000
  • Refurbished or restored real estate: €250,000
Processing Fee
  • Principal Applicant: €2,000
  • Each Dependent (family member): €150
Due Diligence Fee
  • Covered in Program fee
  • Not charged separately
Buy Real Estate
Program Fee
  • Property in Attica, Thessaloniki, Mykonos, Santorini, or Greek islands: €800,000
  • Property in other areas: €400,000
Processing Fee
  • Principal Applicant: €2,000
  • Each Dependent (family member): €150
Due Diligence Fee
  • Covered in Program fee
  • Not charged separately
Benefits of Greece Residence by Investment
  • Low Investment Threshold: Greece’s minimum real estate investment requirement of €250,000 is one of the lowest in the EU.

  • No Minimum Stay Requirements: There is no minimum stay required in Greece to maintain the residency permit.

  • Access to the Schengen Zone: Greek permanent residents can travel freely within the Schengen Area for up to 90 days within a 180-day period.

  • Pathway to Citizenship: After 7 years of residency, applicants may apply for Greek citizenship, provided they meet certain conditions, including demonstrating ties to the country.

  • High Quality of Life: Greece offers a Mediterranean climate, rich cultural heritage, and excellent healthcare and education systems.

The Greek Golden Visa program is one of the most accessible and flexible Residence by Investment options in Europe, thanks to its low minimum investment threshold and the absence of residency requirements. With the added benefit of Schengen access and a clear pathway to citizenship, Greece remains a popular destination for investors seeking residency in the European Union.

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