Residency by Investment

Greece Golden Visa - Residency by Investment Program

3-6 months
Citizenship receiving time
Real Estate
Investment type
EUR 250,000
Investment amount 
Yes
Passing Citizenship to Future Generation
Schengen Area
Visa free countries
Contact us
Greece Golden Visa - Residency by Investment Program
Greece Golden Visa - Residency by Investment Program

Greece isn't just a land of history and beauty but also offers a dynamic investment environment. The Greek Golden Visa Program is considered one of the most affordable residency by investment programs in Europe. This Greek residency program grants a chance to access Europe’s Schengen area, with no requirement to reside in Greece as well as the opportunity to rent out their investment property. 

Picture this: a home away from home, a property that doesn't just hold value but can pay off big as an investment. You're not tied down with the Greek Golden Visa; you're free to explore the Schengen Region without any restrictions. It's your ticket to residency in Greece through investment. 

Key Benefits of the Greece Golden Visa

The Greece Golden Visa program is the cornerstone of residency by investment initiatives. It presents an array of compelling advantages to individuals seeking to secure a foothold in the European Union. Engineered to cater to diverse investor profiles, the Golden Visa in Greece initiative offers a spectrum of benefits outside of residency. Below, we delve into the diverse advantages that distinguish the Greece Golden Visa program as an exceptional choice for global investors

Greece Golden Visa - Residency by Investment Program
Greece Golden Visa - Residency by Investment Program

Visa-Free traveling within the Schengen Area

A standout feature of the Greece Golden Visa is the unparalleled ease of travel it provides within the Schengen Area. For the Greek Golden Visa applicant, this translates into borderless exploration, enabling them to traverse the Schengen countries without the need for additional visas.

Streamlined Application Process

Embracing a global audience, the Greece Golden Visa requirements are kept simple to streamline the application process. Without language or residency obligations, the process for securing the Greece Golden Visa is efficient and inclusive.

Pathway to Greek Citizenship

Beyond facilitating entry, the Greece Golden Visa program serves as a potential pathway towards acquiring full Greek citizenship. After residing in Greece for seven years, golden visa holders become eligible to apply for Greek citizenship, aligning with the Greek Nationality Code (Law 3284/2004). This opens doors to 185 visa-free or visa on arrival traveling.

Family Residency

The Golden Visa in Greece extends to families, encompassing not only spouses but also dependent children and dependent parents.

Flexible Investment Options

Tailored to various investment capacities, the Greece Golden Visa program provides accessible entry points, with investments starting as low as EUR 250,000. For those drawn to prime locations such as the city center of Athens, Santorini, and Thessaloniki, a higher minimum investment threshold of EUR 500,000 is required.

Profitable Rental Prospects

Beyond residency benefits, the program's real estate investments offer the potential for lucrative rental income. As a popular tourist destination, there is a huge demand for vacation homes, ensuring security on your investment for your Greek Golden Visa. 

Flexibility in Non-Residency / Non-Domiciled

The program distinguishes itself through its leniency with residency. This empowers investors to harness program benefits without the requirement of full-time residency, freeing up the investor from obligations. 

Strategic Diversification‍

The Greek Golden Visa program endows investors with a strategic avenue for portfolio diversification. Procuring property within Greece's stable market contributes to a robust and diversified investment strategy.

Greece Residence by Investment Programs

One of the most prominent options within the Greece Golden Visa portfolio is residency through real estate investment.

Real Estate Property Investment: Investors have the option to invest in qualified real estate properties with a minimum value of EUR 250,000 that are outside of the major cities. This value does not include the applicable taxes and fees.

10-Year Lease and Time-Sharing Agreements: Alternatively, a 10-year lease agreement for hotel accommodation or furnished tourist residences within designated tourist accommodation complexes is eligible for the program. The Time-Sharing agreements also accepts 10-year time-sharing agreements for hotel accommodation under the provisions of Law 1652/1986.

Contact us

Greek Government Bonds: Investors can purchase Greek government bonds with a minimum acquisition value of EUR 400,000. These bonds should have a residual maturity of at least three years at the time of purchase. The purchase must be made through a credit institution established in Greece, which will also act as the custodian for the bonds.

Shares and Corporate Bonds: Another option involves purchasing shares or corporate bonds with a minimum acquisition value of EUR 800,000. These shares or bonds must be admitted for trading or actively traded on regulated markets or multilateral trading mechanisms operating in Greece.

Mutual Funds: Investors can also consider purchasing units of a mutual fund incorporated in Greece or another country with a minimum value of EUR 400,000. The mutual fund should intend to exclusively invest in shares, corporate bonds, and/or Greek government bonds admitted for trading on regulated markets or multilateral trading mechanisms in Greece.

Alternative Investment Funds: Units or shares of an alternative investment fund established in Greece or another EU country can be purchased with a minimum value of EUR 400,000. These funds must intend to exclusively invest in immovable property within Greece.

Contact us

Company Capital Contribution: Investors have the option to contribute a minimum value of EUR 400,000 to a company based in Greece, except for portfolio investment and real estate investment companies. This contribution can be for the acquisition of shares in a share capital increase, in bonds that are traded on regulated markets, or in multilateral trading mechanisms in Greece.

Real Estate Investment Company: A capital contribution of EUR 400,000 to a real estate investment company exclusively investing in Greece is eligible for the residency by investment program.

Contact us

Requirement and Eligibility for Obtaining Greece Golden Visa

About Investor 

Applicants must be at least 18 years old to qualify.

Investment amount 

The Greek Golden Visa program offers accessible points of entry, starting at just EUR 250,000. For those attracted to more prime locations like the city center of Athens, Mykonos, Santorini, Thessaloniki and Santorini, the minimum investment threshold is EUR 500,000. 

Family members 

The residency benefits extend to the entire family, including the spouse, children under 21 years old, and parents of the main applicant and spouse. Additionally, parents of the main applicant and spouse can also qualify regardless of age.

Criminal Record 

Applicants must not have any history of criminal records in any country where they have resided.

Contact us
Greece Golden Visa - Residency by Investment Program

About Greece

Capital
Athens
Total Area
50,949 sq mi
Population
10,482,487
History
From the eighth century BC
Language
Greek
About Greece
Schedule your consultation now and explore how we can assist you
Contact us
No commitment, pressure, or obligation.

Receiving Process

Secure a trusted partner, compile essential documents, apply, invest, and receive.

Step by Step Process to Get Greek Golden Visa by Buying Property

The Greece Golden Visa program offers a clear path to residency and citizenship. Investing in qualified real estate fulfills the essential golden visa requirements. For a comprehensive and successful application process, seeking guidance from golden visa consultants or a golden visa consultancy can prove invaluable.

Preliminary Due Diligence:

Begin your quest by making sure you qualify for the Greece Golden Visa program. Collaborating with an experienced golden visa consultant or a reliable golden visa consultancy will save you the headache of second-guessing.

Choose and Purchase Real Estate:

Survey the diverse real estate options available to ensure they align with the minimum investment threshold of EUR 250,000 in qualified areas to satisfy the golden visa requirements.

If you are having trouble finding the right property, our expert consultants will have properties ready for purchase properties to browse through to give you a better idea of what to expect. With such diversity in real estate across the country, choosing the right investment can take some time and research.

When completing the property transaction, ensure that all legal and regulatory norms are met by consulting with reliable golden visa experts.

Prepare Documents for Application:

Assemble your application materials meticulously, making sure all photographs adhere to the passport standards. These photographs should also be submitted digitally.

Furnish a certified copy of your valid passport or recognized travel document, unless specific circumstances make its provision objectively impossible.

Secure an insurance policy from a private insurance body, compliant with legislative mandates. This policy should encompass health and safety risks as stipulated in Article 136 par. 3 of Law 4251/2014.

Equip yourself with photocopies of all pages of travel documents, spanning the valid interval of your last residence permit prior to renewal.

Our experts at Mirabello Consulting will always be ready to assist at any step of the way during the application process.

Application and Residence Permit:

‍After submission, you must wait for the authorities' review of your application, which includes your investment and submitted documentation.

Upon approval, you and your family will have to travel to Greece to complete your biometric scans. There you will receive your Golden Greek Visa Residency Card, allowing you to start traveling freely. 

It is easy to get lost in the process of obtaining a Golden Visa in Greece. Our experts are here to advise you on any part of your investment journey.

FAQ

Clear and crisp answers to some burning questions you may already have

To obtain a Greece Golden Visa through the real estate investment option, you need to invest a minimum of EUR 250,000, which will soon be EUR 400,000 in August of 2024, in eligible real estate properties. This investment threshold applies to the main applicant and their family members, including the spouse, dependent children under 21 years old, and the parents of both the main applicant and the spouse. Keep in mind that this minimum investment requirement must be met to qualify for the Greece Golden Visa program.

Can I get residency in Greece if I buy property?

Yes, you can obtain residency in Greece by purchasing property through the Greece Golden Visa program. This program allows non-European Union citizens to acquire Greek residency by making a qualifying real estate investment. By investing a minimum of EUR 250,000 in eligible real estate properties, you and your family can become eligible for the Greece Golden Visa, which grants you the right to reside in Greece and travel within the Schengen Area. To learn more about the details of the program, reach out to a professional to guide you along the way.

Does Greece have a Golden Visa scheme?

Yes, the Greece Golden Visa program is a residency by investment program that offers non-European Union citizens the opportunity to obtain Greek residency by making qualifying investments in the country. One of the primary pathways within this program is through real estate investment, where investors can acquire residency by purchasing eligible properties. This program allows individuals and their families to live in Greece and travel within the Schengen Area. 

What documents are required for Golden Visa Greece?

Here is the list of documents that you need to have before receiving your residency permit in Greece:

Passport or Travel Document

Passport Photos

Proof of Investment

Proof of Funds

Health Insurance Policy

Proof of Legal Entry

Criminal Record Check

Birth and Marriage Certificates

Proof of Residence History