Greece
Golden Visa Program
€500,000
Bank Deposit
€250,000
Real Estate Investment
3-4 months
Time to Residency
Yes
Travel to Schengen ZoneGolden Visa Greece: Ensuring Your Successful Application
Greece is a mountainous peninsula located on the eastern side of the Mediterranean Sea. Many travelers know Greece for its historical monuments, delicious food, and beautiful landscapes. The sectors that contribute most to the country’s economy are agricultural, industry, and tourism.
As an investor into Greece’s Golden Visa Program, you do not need to have visited Greece prior to making an application. After you submit the application, you will need to visit the country to provide your biometric information. Additionally, our team of experts will guide you through every step of the process to ensure a successful golden visa application.
Golden Visa Greece: A Route to Permanent Residency by Investment
A Greek permanent residency by investment is possible through the Immigration and Social Integration Code (Law 4251/2014, Government Gazette 1, no 80). This Code contains provisions that facilitate the stay of third-country investors whose investments are characterized as strategic. It extends the stay time limits for representatives of investment bodies and their partners. Additionally, the law allows the granting of residence permits to third country nationals and to members of their families who purchase real estate property in Greece, the value of which exceeds €250,000.
Greece is a mountainous peninsula located on the eastern side of the Mediterranean Sea. Many travelers know Greece as a country filled with historical monuments, delicious food, and beautiful landscapes. The sectors that contribute most to the country’s economy are agricultural, industry, and tourism.
As an investor into Greece’s Golden Visa Program, you do not need to have visited Greece prior to making an application. Once the application is submitted you will need to visit the country to submit your biometric information. Our team of experts will guide you through every step of the process to ensure a successful golden visa application.
A Greece permanent residency by investment is possible through the Immigration and Social Integration Code (Law 4251/2014, Government Gazette 1, no 80). This Code contains provisions that facilitate the stay of third-country investors, whose investments are characterized as strategic investments, via the provision of extended stay time limits for the representatives of investment bodies and their partners. Additionally, the law allows the granting of residence permits to third country nationals and to members of their families, who purchase real estate property in Greece, the value of which exceeds € 250,000.
Quick Facts
Population
>10,500,000
Capital
Athens
Currency
Euro
Total Area
131,957km2
Visa Free Countries
190+
Language
Greek
Greece Residency Benefits
Obtaining a permanent residency in Greece will open new opportunities to the investor and transform their life.
A Path to EU Citizenship
A Greece golden visa allows the investor to apply for a permanent residency in Greece after 5 years. If you wait another two years after that, you can apply for Greek citizenship. This is one of the easiest paths toward European citizenship through an investment program.
A ‘Safe Haven’ for your family
Greece enjoys a politically stable climate with a growing economy. As an investor, you and your family are not obligated to live in Greece, but have the possibility to live there whenever you need to.
New Business Opportunities
For business owners looking to expand into the European market, a Greece residency will create new opportunities. With Greece’s membership in the union, you can set up a business in the country and trade across the European Union.
Access to the European Union
Given its member status in the European Union and the Schengen Zone, Greece is part of the vast network of countries in Europe that allow free travel without borders in the Union. Traveling inside the EU can be incredibly difficult and frustrating for foreigners. A Greece passport can create new freedom and you can spend up to 90 days out of 180 in any European country.
Tax Benefits
As a Greece Golden visa holder, an investor can choose to pay a €100,000 flat fee on taxes regardless of their income level. This might mean significant tax savings depending on your original tax jurisdiction.
Why Greece
Beside being a popular destination for adventurous travelers and social media influencers, Greece has long been a popular retirement destination among Europeans. Visitors and residents can easily navigate the country in English.The membership to the EU makes Greece an attractive destination for investors looking to put down roots in Europe.
Investment Options & Other Fees*
Greece offers a number of investment options that can lead to a Golden Visa. Two of the most common ones are listed below
*Please note that the below prices are not inclusive of miscellaneous government fees and a legal management fee calculated on a case-by-case basis. Prices are subject to change based on government regulations. Please contact one of our advisors for a personalized quote.
Option 1
Purchase Real Estate
€250,000+
An investor can buy either commercial or residential real estate with a value of €250,000 or higher. The property will need to be in your possession for 5 years, after which you can sell it for a return on your investment. If a couple wishes to buy real estate, each partner must invest at least €250,000 to be eligible to apply for a Greece Golden Visa.
Real Estate Purchase Cost
€250,000
State Fee
€2,000 for the investor + €150 per family member
Option 2
Bank Deposit
€500,000+
Upon depositing at least €400,000+ in a Greek bank account, an investor is eligible to apply for a Golden Visa.
Bank Deposit
€500,000
State Fee
€2,000 for the investor + €150 per family member
Eligibility Criteria
In order to qualify to apply for a Greece citizenship, applicants must have:
- Clean Criminal Record
- Valid Passport (with a minimum validity of six months)
- National Identity documents from Country of Birth or Country of Residence
- Birth Certificates
- Additional Documentation including CVs, Education, and Work History
- Valid Proof of Address
Greece allows applicants to include their close family members as dependents on their Residency application. All family members receive their Residencies together and are eligible to apply for Citizenship together after a period of 7 years, and in consideration of all other criteria for Citizenship application set forth by the Government of Greece.
Eligible Dependents that you can include in an application are:
- The spouse of the applicant
- Unmarried children under 21 years of age, and dependent parents of either yourself or your spouse
- Children over the age of 21, but no older than 24, if they are studying.
Restrictions: All Nationalities are eligible to apply for a Golden Visa in Greece except Russians and Belarusians.
The Process
Free Consultation
(30-60 minutes)
Vancis Capital’s Due
Diligence (1 day)
Choose Real Estate Purchase
(1-4 weeks)
Preparing your Documents (2-4 weeks)
Purchasing the Real Estate
(together with document preparation)
Collection of Real Estate
Documents (2-3 weeks)
Application for Residency (1-2 months)
Receive your Greece Residence
Card (1-2 months)
Renewal of your Residency
Take charge of your future with our expert advisors
Get in touch to discuss how we can help you with your citizenship or residency by investment goals. One of our investment migration experts will contact you to discuss your case. With over 16 years of combined experience our team has helped hundreds of families achieve freedom.
