Residency by Investmentin Greece

Minimum Investment Amount

€250,000

Key Residency Benefit

Route to Greek citizenship

Processing Time

2 months

Why is Greece a popular investment location?

Located on the Balkan Peninsula, Greece is often described as the ‘birthplace of democracy’.

From its ancient philosophers, the invention of the Olympic Games and awe-inspiring temples, the country boasts a rich history and culture. Greece is also home to picturesque scenery across its 2,000 islands, making it one of the most popular tourist destinations globally.

Greece was also the 10th member to join the European Union (EU) and was one of the founding members of the United Nations.

About the Greece Residency by Investment programme

Since its launch in 2013, the Greek Golden Visa has become one of the most highly prized in Europe.

The Greek Golden Visa is a residency by investment programme aimed at non-EU citizens. The programme grants a five-year residence permit in exchange for a minimum investment of €250,000 in Greek real estate.

It is, without doubt, the most flexible and affordable of all the EU schemes allowing investors and their families residency in just 2 short months. Greek Golden Visa holders can also apply for citizenship after residing in Greece for over seven years.

How to obtain the Greek Golden Visa

Financial investment

Invest in various types of financial investments with a minimum value of €400,000. Investment options include:

• Term deposits in a Greek bank with standing orders for automatic renewal

• Greek government bonds

• Corporate bonds

• Equity investments

• Various types of funds, such as mutual funds

• Investments in publicly traded financial instruments

Specific requirements vary for each of these investment options.

Property investment

• EUR 250,000: Specialised real estate investment allocated towards the conversion of commercial properties into residential use or the restoration of listed buildings, regardless of location or size

• EUR 400,000: For the purchase of properties in Greece, the investment must be made in a single property with a minimum size of 120 sqm

• EUR 800,000: For the purchase of properties in Athens, Thessaloniki, and islands with more than 3,100 inhabitants

Key Benefit of the Greek Golden Visa

It is possible to apply for Greek citizenship after living in the country for at least a 7-year period with 183 days of physical residency per year. To secure citizenship, applicants must also pass a Greek language proficiency test.

Greek citizenship is an EU citizenship, meaning applicants can access additional benefits. These include the ability to live, work and study anywhere in the EU. Greek passport holders are also granted visa-free travel to over 180 countries.

For those who hold Greek citizenship, their unmarried children under the age of 18 are also granted citizenship.

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