Greece
Golden Visa
Greece Golden Visa offers investors residency through real estate investments in prime locations like Attica, Thessaloniki, Mykonos, and Santorini. Enjoy EU benefits including stability, safety, and healthcare.
Population
Approximately 10.4 million inhabitants
Languages
Greek
Economy
Service-based economy with key sectors including tourism, shipping, agriculture, and technology
Currency
Euro (EUR)
Visa-Free Travel
186 countries.
Advantage
- Dependents Coverage: Includes spouses, children under 21, and
parents of the investor and spouse. - EU/Schengen Membership: Enjoy the benefits of being a member of the EU/Schengen.
- Indefinite Residency: Right to reside indefinitely in Greece with
access to high-quality education and healthcare, including free
education for children. - Fast Processing: Typically processed within 6-9 months.
- Schengen Travel: Free travel within the Schengen zone for 90 days out of every 180 days.
- Business Establishment: Right to establish a business with no
physical residency requirement and no language requirement. - Path to Citizenship: Eligible to apply for Greek citizenship after 7 years, subject to meeting residency and language requirements.
- Tax Benefits: No wealth tax and low property tax.
- No Education or Management Experience Required
- Renewable Residency Permit: The Greek Investor Residence Permit (GIRP) is valid for 5 years and is renewable
Requirements
- A Non-EU Nationality: Applicant must be a Non-EU citizen.
- Age and Health: Applicant must be over 18 years old and in good
health, with medical insurance. - Investment: Make a qualifying investment in one of the approved categories
Investment Option
Option 1:
Historical Property: €250,000 investment in property classified as historical or converted from commercial to residential use.
Option 2:
Prime Location Property: €800,000 investment in property with a minimum area of 120 sqm in Attica, Thessaloniki, Mykonos, or Santorini.
Option 3:
Rural Property: €400,000 investment in property with a minimum area of 120 sqm in all other regions of Greece.
Option 4:
Real Estate Investment Fund: €350,000 investment in capital of a fund based in Greece or Europe, focused on immovable property in Greece.
Option 5:
Mutual Fund Investment: €350,000 investment in a mutual fund (incorporated in Greece or abroad) aiming to invest in shares, corporate bonds, and/or Greek government bonds.
Option 6:
Government Bonds: €500,000 investment in Greek government bonds with a minimum maturity of 3 years.
Process
- Property Selection: Select property in Greece and sign Power of Attorney.
- Property Purchase: Complete the property purchase process.
- Application Submission: Book submission date in Greece for application.
- Application Process: Lawyer submits application documents and obtains temporary residence permit (TRC) valid for 1 year.
- Biometrics Submission: Applicant and dependents must visit Greece to submit biometrics within the validation period of TRC.
- Approval: Residence permit approval is typically granted within
2 months. - Renewal: Residence permit may be renewed every 5 years, provided the investment is maintianed.
