Greece – Golden Visa
End-to-end consultation for Greece’s flagship residency-by-investment visa: five-year renewable residence, family inclusion, and Schengen travel.
RESIDENCY
Investment immigration
Greece Golden Visa
Minimum investment
EUR 250,000
Processing time
6–9 months
Permit validity
5 years
Greece Golden Visa overview
The Greece Investment Residence Permit (GIRP), or Greece Golden Visa, is a residency-by-investment program that grants non-EU nationals and their families a five-year renewable residence permit through a qualifying real estate investment in Greece.
Minimum investment thresholds start at EUR 250,000 for conversion of commercial properties to residential use or restoration of listed historical buildings, EUR 400,000 in standard areas, or EUR 800,000 in Attica, Thessaloniki, Mykonos, Santorini, and islands with populations over 3,100.
The program may include the spouse, children under 21, and the parents of both the investor and spouse, with no minimum stay requirement and visa-free travel within the Schengen area for 90 days in any 180-day period. After seven years of lawful residence, holders may apply for Greek citizenship, subject to actual residency and language requirements.
Key benefits
- 01Dependents included: spouse, children under 21, and parents of the investor and spouse
- 02EU and Schengen area membership
- 03Right to reside indefinitely in Greece through renewals
- 04Access to high-standard education and healthcare
- 05Fast processing, typically within 6 to 9 months
- 06Visa-free Schengen travel for 90 days out of every 180 days
- 07No physical residency requirement
- 08Right to establish a business in Greece
- 09No language requirement for the residence permit
- 10Pathway to Greek citizenship after 7 years (subject to residency and language rules)
- 11No wealth tax and relatively low property tax
- 12No education or management experience required
- 13Permit valid for 5 years and renewable while the investment is held
Requirements
- The applicant must be a non-EU citizen
- The applicant must be over 18 years old and in good health
- Must have medical insurance
- Make a qualifying real estate investment, held for the entire duration of the residence permit
Investment options
EUR 800,000
Property in the Administrative Region of Attica (including Piraeus and most of the capital region), Regional Units of Thessaloniki, Mykonos, Santorini, or islands with a population over 3,100.
EUR 400,000
Property in all other areas of Greece.
EUR 250,000
Conversion of commercial properties to residential use, or restoration of listed buildings of historical or cultural significance — regardless of size or location.
In all cases, the investor must purchase a single property with a minimum area of 120 m². The property cannot be offered for short-term rentals.
Application process
Typically 6 to 9 months
- 1
Select property in Greece and sign Power of Attorney
- 2
Complete the property purchase
- 3
Book a submission date in Greece for the application
- 4
Lawyer submits application documents and obtains a temporary residence certificate (TRC), valid for 1 year
- 5
Applicant and dependents visit Greece to submit biometrics within the TRC validity period
- 6
Residence permit approval is typically granted within about 2 months
- 7
Renew every 5 years provided the qualifying investment is still held
Frequently asked questions
EUR 800,000 in Attica, Thessaloniki, Mykonos, Santorini, or islands with over 3,100 inhabitants; EUR 400,000 in other areas; or EUR 250,000 for commercial-to-residential conversion or restoration of listed historical buildings. A single property of at least 120 m² is required.
Yes. The spouse, children under 21 (including adopted children), and the parents of both the investor and the investor’s spouse can be included in the application.
Dependents do not automatically lose their permit at 21. Between 21 and 24 they must renew annually. After 24, they need their own qualifying investment to keep residence status.
No. There is no interview as part of the application process.
The permit holder can travel within the Schengen area for up to 90 days in any 180-day period.
No. The Golden Visa does not automatically grant the right to work in other EU countries.
No. There is no minimum stay after receiving the permit. A visit to Greece is required during the application to submit biometrics.
The investor renews the permit. It can be renewed indefinitely as long as the qualifying investment is maintained.
Yes. Holders may apply for Greek citizenship after 7 years of lawful residence, subject to meeting residency and language requirements.
Yes. The investor owns the property and may live there or rent it out. Short-term rentals are not permitted for the qualifying property.
Other residency & citizenship programs
In addition to the Greece Golden Visa, our consultants advise on complementary EU residency and citizenship-by-investment routes.
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Cyprus – Permanent Residency Programme
Guidance on Cyprus’s fast-track EU residency program for investors, offering permanent residence for the whole family with minimal stay requirements.
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Saint Kitts and Nevis – Citizenship by Investment
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Grenada – Citizenship by Investment
Advisory on Grenada’s citizenship-by-investment route, known for its E-2 treaty with the United States and visa-free access to major markets.
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Vanuatu – Citizenship by Investment
Fast-track citizenship consultation, typically processed within a few months, with no residency or interview requirement.
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United Arab Emirates – Golden Visa
Consultation for the UAE’s long-term residency visa, granting investors and families renewable residence status in a leading business hub.
RESIDENCYReady to explore your options?
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