The Greece Golden Visa: Your Ultimate Guide to European Residency by Investment
- Jessica
- Mar 5
- 4 min read
Updated: May 27
In recent years, the Greece Golden Visa has emerged as one of the most attractive residency-by-investment programs in Europe. Offering a relatively low investment threshold, the opportunity to live in a beautiful Mediterranean country, and visa-free access to the Schengen Area, it’s no surprise that this program continues to gain global popularity in 2025.
In this comprehensive guide, we'll break down everything you need to know about the Greece Golden Visa — from its benefits and eligibility criteria to the application process and frequently asked questions.
What is the Greece Golden Visa?
The Greece Golden Visa Program is a residency-by-investment scheme launched in 2013 to attract foreign investment into the Greek economy. It grants a 5-year renewable residence permit to non-EU nationals who invest in real estate or other qualifying assets in Greece.
This residence permit allows you and your family to live in Greece and travel freely within the Schengen Zone — which includes 26 European countries.
Key Benefits of the Greece Golden Visa
Low Investment Threshold
As of 2025, the minimum investment required is €500,000 in certain areas and €250,000 in others, depending on the property's location.
Schengen Visa-Free Travel
Enjoy visa-free travel to 26 Schengen countries for up to 90 days within a 180-day period.
Family Inclusion
Spouse, children under 21 (sometimes up to 24 if dependent), and dependent parents of both investor and spouse are eligible.
No Residency Requirement
No obligation to live in Greece. You can maintain residency remotely while enjoying the benefits.
Renewable & Long-Term Benefits
The permit is renewable every 5 years as long as the investment is maintained.
Pathway to Citizenship
After 7 years of residency, you can apply for Greek citizenship (subject to language and integration requirements).
Tax Incentives & Business Opportunities
Greece offers competitive tax programs for foreign residents and investors, making it attractive for entrepreneurs.
Greece Golden Visa Requirements (2025)
To qualify for the Greece Golden Visa, you must meet the following:
Investment Options:
Real Estate Investment
Purchase real estate worth at least:
€500,000 in high-demand areas (Athens, Thessaloniki, Mykonos, Santorini).
€250,000 in other regions.
Tourist Accommodation Leases
10-year lease agreements for hotel accommodations or tourist residences.
Timeshare Contracts
Minimum 10-year duration.
Alternative Investments (less common)
Investment in Greek companies, bonds, or mutual funds.
General Eligibility:
Non-EU/EEA/Swiss nationals.
Clean criminal record.
Medical insurance coverage in Greece.
Legal source of investment funds.
The Greece Golden Visa Process (Step-by-Step)
Step 1: Preparation & Due Diligence
Consult with a licensed immigration advisor.
Identify investment options and gather necessary documents.
Open a Greek bank account and obtain a Greek tax identification number (AFM).
Step 2: Investment & Legal Formalities
Finalize property purchase or investment.
Pay property taxes and legal fees.
Notarize purchase agreement.
Step 3: Submit Application
File the Golden Visa application at the local immigration office or Greek consulate.
Submit biometrics and required documentation.
Step 4: Receive Residency Permit
Temporary residency certificate issued immediately.
Golden Visa residence permit granted within 2-4 months.
Step 5: Renewal & Maintenance
Renew every 5 years by proving continuous ownership of the investment.
No physical presence required for renewal.
Why Greece is a Popular Choice in 2025
Several factors contribute to Greece’s Golden Visa standing out from other European residency programs:
Affordable real estate compared to Western Europe.
Booming tourism industry and rental income potential.
High quality of life, Mediterranean climate, and rich culture.
Strategic geographic location between Europe, Asia, and Africa.
Improved infrastructure and investor-friendly reforms.
In 2025, Greece's real estate market continues to grow, making it a solid long-term investment option for global investors.
Frequently Asked Questions (FAQs)
1. Can I rent out my property after purchasing it for the Golden Visa?
Yes, you are allowed to rent out the property for short-term or long-term leases, making it a profitable investment.
2. Do I need to live in Greece to maintain my Golden Visa?
No, there are no minimum stay requirements. You can keep your residency status as long as you maintain the investment.
3. Can I get permanent residency or citizenship?
After 7 years of legal residency, you may apply for Greek citizenship, subject to language proficiency and integration tests.
4. What are the main costs apart from the property price?
Expect additional costs of around 7-10% of the property value (legal fees, notary, taxes, application fees).
5. Can I include my adult children in the application?
Children up to 21 years old (sometimes 24 if dependent) are eligible. They can renew their permit independently after reaching adulthood.
Conclusion
The Greece Golden Visa remains one of the most accessible and rewarding residency-by-investment programs in Europe. Whether you're seeking mobility, a profitable investment, or a future in the EU, Greece offers a compelling package. With a relatively low investment requirement, a fast-track application process, and the beauty of living (or investing) in one of Europe’s most scenic destinations, it's an opportunity that’s hard to ignore.
In 2025, with the global shift towards remote living and diversified investments, the Greece Golden Visa is not just a residency permit — it's a strategic lifestyle and business decision.
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