Greece Golden Visa

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Greece

Government

Unitary Parliamentary Republic

Population

10.4 M (2024)

Official Language

Greek

Climate

10 degrees C Winter | 28 degrees C Summer

Member of

European Union, Eurozone, NATO, United Nations, WTO

Visa Free Travel

Throughout Europe and Schengen

Time to Residency

8-12 months

Greece Golden Visa Process

Step 1

Candidate is onboard through collection and verification of passport and completion of the KYC document. The investor is sent an Investment Letter along with a Reservation Agreement for the investment.

Step 2

The candidate signs the preliminary agreement and makes a 25% payment toward the investment.

Step 3

The candidate signs documents related to the legal package including the Power of Attorney, Framework Agreement, and Rental Agreement.

Step 4

An application is made for the candidate for a Greek Tax Number.

Step 5

Upon final deed, the remaining 75% payment is made toward the investment, and the candidate signs the final Notarial Contract.

Step 6

Once the deed is issued, the Golden Visa application is submitted. After 1-2 weeks, the candidate will receive a pre-approval of the main applicant and dependents.

Step 7

If favorable, a biometrics appointment is scheduled for the applicant and family members in Greece.

Step 8

45 days after the biometrics appointment, the 5-year residence cards are issued.

Requirements of the Greece Golden Visa Program

Greece-2

Those who have invested may be granted a golden visa if they:

  • Are at least 18 years of age
  • No language requirements
  • Must be a non-EU/EEA Citizen
  • Must obtain valid medical insurance
  • No business experience is required

Four options for investment under the Greece Golden Visa Program:

  • Option 1: Minimum investment of EUR 800,000 in the regions of Attica, Thessaloniki, Mykonos, and Santorini, and the islands with a population of more than 3100 inhabitants.
  • Option 2: Minimum investment of EUR 400,000 in all other regions of the country, as long as it is a single property with a minimum surface area of 120 sqm.
  • Option 3: Minimum investment of EUR 250,000 in listed buildings which are historic or interest under special protection to be restored/constructed by the investor (regardless of location or size).
  • Option 4: Minimum investment of EUR 250,000 in property which is converted from commercial to residential.
Find out more

Those holding a Greece Golden Visa are eligible for exclusive benefits including:

  • Visa Waiver in Schengen Area
  • Right to Medical Coverage through access of private insurance
  • Path to Citizenship after 7 years of holding the residency
  • Residency which is renewable every 5 years
  • Access to European education in most EU countries Live and study in Greece
  • No minimum physical residency requirement to maintain or renew residency
Find out more

Exclusive Benefits of the Greece Golden Visa

Greece Permanent Residency

Legal Framework of Greece Golden Visa

The legal framework for the Greece Golden Visa Program can be found in Article 100 of the Migration Code (and updated in 2024 by Article 64 of Law 5100/2024). This law sets out the details of the Golden Visa which allows only investors from third countries seeking permanent residence through a real estate investment in Greece.

The amended law has introduced certain changes to the program including:

  1. Investment must be made in a single property rather than various properties.
  2. The minimum investment amounts in high-demand regions have changed to EUR 800,000 and drops to EUR 400,000 in all other areas of Greece.
  3. Investors may purchase real estate or invest in a long-term lease agreement so long as total lease value is equivalent to the required investment amount.
  4. Main living area must be 120 sqm.
  5. A provision that the investment threshold drops to EUR 250,000 when a property originally intended for commercial use is converted to residential use. The change must be fully completed before the investor submits their application for the Golden Visa, unless it is a heritage or preservable property that is scheduled for renovation or complete reconstruction.

*Please contact us for a full copy of Article 100 of the Migration Code.

About Step Global

Step Global is the leading immigration consultancy and advisory firm headquartered in Dubai, United Arab Emirates – a hub for effectively servicing clients from the GCC and MENA region, including India and Pakistan. We are comprised of a network of globally licensed lawyers, investment advisors, immigration specialists, and real estate experts who provide active guidance through the entire immigration process. Acting as a single point of contact between all parties involved, we ensure the most optimal chances for approval of your application for migration.

Our partner firms meet high standards to be part of our international network and are respected by peers in the legal and business communities. As a result, Step Global only offers investment immigration visa programs that are well-reputed globally and provide access to the top-ranked passports worldwide as per the Passport Index.

Step Global bridges the gap of future planning for its high-net-worth clientele by providing additional required services including Wealth and Tax planning and Executive Lifestyle Management Services. Step Global has taxation specialists who help clients fully prepare for their financial future. With over a decade of experience in estate planning and investment consultation, and international taxation guidance, our experts can guide HNWIs on how to best appreciate and protect their capital.

This branch of the business is titled Step Wealth, and we’re proud to boast a solid track record of clients making significant capital gains through investment, taxation consultation, and estate planning.

Why Choose Us for Your Immigration Journey:

13+ years of experience in the field of investment immigration
Award winning lawyers and specialists on the ground and supervising each file
Partnerships with only the top and most reputed law firms, immigration, and tax specialists in the world
Highest track record of immigration petition approvals in the region
Holistic approach to future planning for each and every candidate

Pricing for the Greece Golden Visa

EUR 5000

EUR 300(per dependent)

EUR 250,000

EUR 3100

EUR 2375

EUR 7725

EUR 620

EUR 2000

EUR 150

EUR 16

Age Under 40: EUR 70

40 – 65: EUR 90

65-75: EUR 130

Over 75: EUR 75

EUR 850

EUR 20000

Grand Total (single applicant excl. Medical and Local Tax Representation): EUR 291,136

Greece Investment Visa

FAQs

The Greece Golden Visa Program is a Greece residence by investment program, which provides residence permits in Greece to non-EU nationals investing in qualifying investments, and for the most part real estate. The residence permits that are given are valid for five years, are renewable fully, and grant access to the Schengen territory. This makes the program among the most sought-after in Europe

To obtain Greece residency, investors must purchase real estate in Greece. The general minimum threshold is €250,000, though in certain high-demand locations the requirement is €500,000. Other investment options may also be available, depending on government regulations.

Applicants qualify by making the minimum investment and holding onto the asset, and they must comply with other criteria, like having a valid passport, no criminal record, and comprehensive health insurance. Dependents, such as a spouse, children under age 21, and in some cases parents, may also be included in the application.

Real estate investing starts with a cash outlay of €250,000. For certain areas like Athens, Thessaloniki, Mykonos, and Santorini, the minimum purchase price has been set at €500,000. This is attributable to the higher demand in those areas.

The application process generally involves:

  • Choosing and acquiring a qualifying investment property.
  • Drawing up the necessary documents and applying via the Greek authorities.
  • Completing biometric data collection and due diligence checks.
  • Receiving the five-year residence permit, which can be renewed as long as the investment is maintained.

Maintaining the qualifying investment and renewing the Golden Visa every five years allows for the issuance of permanent residency. Approaching the seventh year of unbroken residency, the relevant applicants can apply for Greek citizenship, subject to meeting integration and language proficiency conditions.

Other Programs We Offer

We provide a wide range of Citizenship by Investment programs: Malta Citizenship by Investment, St. Lucia Citizenship by Investment, St. Kitts and Nevis Citizenship by Investment.

We provide a wide range of Residency by Investment programs: Canada Residency by Investment, Hungary Residency by Investment, Latvia Residency by Investment, Portugal Residency by Investment, UAE Residency by Investment, US Residency by Investment.

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