Greece Golden Visa
Greece GRC
Last verified 2024-09-01Official source
Greece's Golden Visa is one of Europe's most accessible investment residency programs, historically requiring a €250,000 real estate investment. In 2024 Greece raised thresholds to €800,000 in prime areas (Attica, Thessaloniki, Mykonos, Santorini) while other regions remain at €400,000; the older €250,000 threshold applies to commercial-to-residential conversions.
Program Details
- Category
- Investment
- Processing Time
- 4 months
- Application Fee
- $2,200
- Minimum Income
- N/A
- Minimum Investment
- $250,000
- Family Included
- No additional investment required; covers spouse and dependent children up to 21, as well as parents and parents-in-law
- Path to PR
- Yes — 5 years
- Path to Citizenship
- Yes — 7 years
- Physical Presence
- No minimum annual stay required to maintain the Golden Visa; 7 years of actual residence required for citizenship
- Dual Citizenship
- Allowed
- Tax Impact
- No mandatory tax residency triggered by the visa; those who choose to tax-reside may benefit from Greece's non-dom lump sum tax of €100,000/year on foreign income for up to 15 years
- Renewal Cost
- $2,200
Key Requirements
- ✓Real estate investment of €400,000–€800,000 depending on location (or €250,000 for qualifying commercial conversions and listed buildings)
- ✓Alternatively: €500,000 in Greek government bonds, bank deposits, or company shares
- ✓Clean criminal record
- ✓Valid health insurance
- ✓Proof of legal entry to Greece
- ✓Investment must be maintained throughout the residency period
Nationality Restrictions
This program restricts applications from nationals of: EU/EEA nationals do not require this visa
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