Key Benefits of the Greek Golden Visa
- Residency Rights: The primary benefit of the Golden Visa is the right to reside in Greece. The residence permit is initially valid for five (5) years and can be renewed indefinitely, provided that the investment is maintained.
- Family Inclusion: The permit covers the investor’s immediate family members, including the spouse, children up to 21 years old, and the parents of both the investor and the spouse.
- Freedom of Movement: Golden Visa holders can travel without a visa to any of the 26 Schengen Area countries for up to 90 days in any 180-day period.
- Path to Citizenship: While the Golden Visa itself does not directly lead to Greek citizenship, long-term residency can be a pathway to naturalization, subject to meeting the residency and other requirements set by Greek nationality law.
- No Minimum Stay Requirement: Unlike some other countries, Greece does not impose a minimum stay requirement for Golden Visa holders, meaning you can live outside Greece while maintaining your residency status.
Requirements per region
REGION | € | m2 |
Attica | 800.000 | 120 |
Thessaloniki, Mykonos, Santorini, islands (3.100+ residents) | 800.000 | 120 |
Rest of Greece | 400.000 | 120 |
Application Process
The process for obtaining a Golden Visa involves several steps:
- Property Selection: Identify suitable real estate that meets the investment criteria
- Legal Due Diligence: Conduct thorough legal checks on the property, including title deed verification and any potential encumbrances
- Purchase Agreement: Sign a purchase agreement in person or with a power of attorney in front of a notary public in Greece
- Payment: Complete the payment of the full purchase price via bank transactions
- Application Submission: Prepare and submit the Golden Visa application along with all necessary documents (details below)
- Biometrics and Interview: Attend a biometrics appointment and, if required, an interview (in person or represented via a POA)
- Issuance of Residence Permit: Once approved, the residence permit will be issued.