LOCATION: Located in Southern Europe
 
POPULATION: 1,04,05,077
 
LANGUAGES SPOKEN: Greek, Foreign Language: English
CURRENCY: Euro
 
CAPITAL: Athens
 
NEAREST AIRPORT: Athens International Airport
 
MAJOR INDUSTRIES: Tourism, Shipping

GREECE

Located in Southern Europe, Greece is strategically located at the crossroads of Europe, Asia, and Africa. As a member state of the EU, Greece offers its residents and citizens a number of reassuring benefits including high levels of safety and security, excellent education opportunities, robust healthcare options and a high standard of living.
The Greece Residency by Investment Program was introduced by the Greek government in 2013 to enable investors to acquire residency in Greece by investing in real estate. The Greece Golden Visa Program is considered one of the most affordable residence-by-investment programs that provides access to Europe. Successful applicants and their families are able to benefit from visa-free access to Europe’s Schengen Area within two months of applying. The residency permit is granted for five (5) years and it is renewable for as long as the property remains in the possession of the initial owner.
Greek Streets

GREECE RESIDENCY BY INVESTMENT PROGRAMS

Greece offers the most affordable residency program within Europe offering fast application processing in just 2 months. Investors can purchase real estate for a minimum of €250,000 or choose a Real Estate Lease or Timeshare option with the same investment threshold.
OPTION 1
  • Real Estate Acquisition to the Minimum Value of €250,000.
  • Residence permit granted for 5 years.
  • The investor can invest in one or several properties to a total value of €250,000.
  • The residence permit can be renewed for another 5 years each time, provided that the applicant still owns the property.
OPTION 2
  • Real Estate Lease or Timeshare to the Minimum Value of €250,000.
  • Residence permit granted for 5 years.
  • Lease for at least 10 years or invest in a timeshare for hotel accommodation or furnished tourist residencies in a combined tourist facility, as the above facility must be registered with Greek National Tourism Organization (GNTO).
Applicant Requirements:
  • Provide a medical certificate.
  • No Criminal record.
  • Proof of health insurance coverage that is valid in Greece
  • Not applicable to work, if choosing the real estate option.
Key Advantages:
  • Affordable Program
  • Visa-free travel within Europe’s Schengen Area
  • Living costs are approximately 30% less than in other European countries
  • Residence permits can be acquired within 30–60 days
  • Unlimited expiry date of residence permit
  • Opportunity to rent out the investment property
  • Access to the same public health and education as Greek Citizens
  • Residence applicable to the whole family (married spouse, children under 21 years old, and up to age 28 if they are enrolled in a Greek university and parents of the main applicant and spouse)
  • As of December 2020, minors are allowed to submit an application for a Greek Golden Visa as a main applicant and include their parents as family members.
  • Eligibility to apply for citizenship after seven years of residence
  • No requirement to live in Greece, prior to, during or after the application
  • During current travel bans, an investor can now apply for a Golden Visa without having to visit Greece.
Application Processing Time: Two months
No minimum stay requirement.

Citizenship:

After residing in Greece for seven years, the applicant may apply for citizenship according to the Greek Nationality Code via the process of naturalization.

Disclaimer:
1. Please note, all information provided here should not be considered legal advice.
2. The text is intended as a source of basic information. It is regularly updated. No liability can be accepted for the accuracy or completeness of its contents.