Overview

Launched in 2013, the Golden Visa program of Greece grants residency and free movement rights to foreign investors who meet specific investment criteria. For those seeking a secure and strategic investment within Europe, Greece presents an appealing opportunity.

Benefits of Greek Residency

Investors holding a Greek residency permit can travel freely within EU member states.

The Golden Visa is valid for five years and can be renewed indefinitely.

Applicants who spend at least 183 days per year in Greece for seven consecutive years may be eligible to apply for Greek citizenship.

Who Is Eligible for Greek Residency?

INVESTOR

Applicants over the age of 18 (children over 15 may qualify as the primary investor with parental consent)

CHILDREN

Children under the age of 21 of the main applicant or their spouse

SPOUSE

The legal spouse or registered partner of the applicant

PARENTS

The parents of the main applicant and/or their spouse

Greek Residency Application Requirements

€250,000

€250,000 for the conversion of commercial buildings into residential use through urban renewal projects or for the restoration of listed properties.

€800,000

In Athens, Thessaloniki, Mykonos, Santorini, and islands with a population of more than 3,100, the minimum investment amount is €800,000 for a single-title deed property of at least 120 square meters.

€400,000

In other regions, the required investment is €400,000 for a single-title deed property of at least 120 square meters.

147

Visa-free travel destinations

€250,000

Minimum investment amount

6–7 months

Estimated application processing time

Key Information

LOCATION
Situated in Southeastern Europe, Greece borders Albania to the northwest, North Macedonia and Bulgaria to the north, and Turkey to the northeast. It is surrounded by the Aegean Sea to the east, the Ionian Sea to the west, and the Mediterranean and Cretan Seas to the south, placing it at the crossroads of Europe, Asia, and Africa.

CAPITAL
Athens

TIME ZONE
UTC+02:00 (Standard Time) & UTC+03:00 (Daylight Saving Time)

TOTAL AREA
131,957 km²

LANGUAGE
Greek

CURRENCY
Euro (€ / EUR)

Why Greece?

Greece
Affordable Investment

Compared to other European countries, Greece allows applications with significantly lower investment amounts.

Greece
Real Estate Market Potential

Greece offers a growing real estate market with promising investment opportunities.

Greece
Access to the European Union

The Golden Visa grants access not only to Greece but also to the entire European Union for business and travel purposes.

Steps

Deciding on the real estate to be invested in
Paying a 10% deposit and signing the reservation contract
Giving power of attorney to the lawyer
Preparation of necessary documents
Transfer of title deed
Applying for Golden Visa
Biometric appointment
Delivery of the Golden Visa card

PROGRAM MAP

147

Countries accessible without a visa

17

Countries requiring a visa

23

Countries requiring an e-visa

Vesta Global
Golden Visa Service Package:

The Vesta Global service package is 10% + VAT of the title deed price of the property purchased and includes:

All legal services
Notary fees
All Golden Visa costs for a family of 3
Obtaining a tax number
Opening a bank account
Vesta Global service fee

Frequently Asked Questions

The minimum investment amount is €250,000.

No, residing in Greece is not a requirement for obtaining the Golden Visa.

The Golden Visa is valid for five years and can be renewed. The investor and their spouse can benefit from unlimited renewals, while children are eligible until the age of 24.

Applicants who spend at least 183 days per year in Greece may apply for citizenship.

The main applicant’s spouse, children under the age of 21 (of the applicant or spouse), and the parents of the applicant or their spouse are all eligible.

You only need to visit Greece for your biometric appointment.

Yes, with the help of our local team at Vesta Global in Greece, you can schedule visits to explore available investment properties.

The buyer is responsible for all taxes and fees. The property transfer tax is 3.09%. Land registry fees -including registration rights, certificates, and stamp duty- range from approximately 0.48% to 0.68% of the property’s value.

Income up to €12,000 is taxed at 15%, income between €12,001 and €35,000 at 35%, and income above €35,000 at 45%.

Yes, you may sell the property, but doing so will revoke your Golden Visa privileges.

Yes, but under the new law, properties acquired through the Golden Visa program cannot be used for Airbnb or short-term rentals. Long-term leasing is permitted.