Greece Golden Visa Program
The Greece Golden Visa Program offers non-EU nationals a unique opportunity to secure permanent residency in Greece through strategic investment. Launched in 2013, this program has become a popular choice for investors seeking European residency, offering visa-free travel within the Schengen Area, unlimited expiry date of residence permit, and eligibility for citizenship after seven years.
Benefits of the Greece Golden Visa
- Visa-free travel within Europe’s Schengen Area
- No requirement to reside in Greece
- Residence permits issued within 90-120 days
- Unlimited expiry date of residence permit
- Opportunity to rent out investment property
- Family residency (spouse, children under 21, and parents)
- Eligibility for citizenship after seven years
- Ability to hold shares and receive dividend income
Investment Requirements
The Greece Golden Visa Program requires non-EU nationals to invest in one of the following options:
1. Real Estate Investment
- EUR 250,000: Conversion of commercial properties or restoration of listed buildings
- EUR 400,000: Purchase of properties (minimum 120 sqm)
- EUR 800,000: Purchase of properties in Athens, Thessaloniki, and populated islands
2. 10-year time-sharing or lease agreement (EUR 400,000 or EUR 800,000)
3. Fixed-term deposit (EUR 500,000)
4. Capital contribution to a Greek real estate investment company (EUR 500,000)
5. Purchase of Greek government bonds (EUR 500,000)
6. Purchase of shares, corporate bonds, or Greek government bonds (EUR 800,000)
7. Investment in a Greek mutual fund (EUR 350,000)
Procedures and Timeline
- Visit Greece
- Choose preferred property
- Submit application
- Final verification
- Residence permit issuance