Greece
Golden Visa Program

€400,000

Bank Deposit

€250,000

Real Estate Investment

3-4 months

Time to Residency

Yes

Travel to Schengen Zone

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.

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. 

Global Business Opportunities
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.

OptimizedTaxes for you and your business
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
€400,000+

Upon depositing at least €400,000+ in a Greek bank account, an investor is eligible to apply for a Golden Visa.

Bank Deposit

€400,000

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)
Book a free consultation with one of our client advisors to discuss your fit to invest in a Greece residency.
Vancis Capital’s Due
Diligence (1 day)
Prior to signing any paperwork, our due diligence team will evaluate your ability to qualify for the program. All we require is your passport and one working day. If there are no issues, we will send you a client engagement letter.
Choose Real Estate Purchase
(1-4 weeks)
Our team will present you with viable options for real estate purchases that are compliant with the Greek government’s regulations. After selecting your preferred property, we will prepare all necessary documents.
Preparing your Documents (2-4 weeks)
Our experienced processing team will work with you to collect all the necessary documents for your real estate purchase and the following residency application. All of our clients receive a comprehensive service and support to obtain the documents necessary. Our team will fill out and proof all forms prior to your signature.
Purchasing the Real Estate
(together with document preparation)
Our team will work together with one of our partners in Greece to prepare a power of attorney that will allow them to open a bank account and obtain a taxpayer number on the investor’s behalf. Once the contract of sale has been signed, you will make the final payment for the property.
Collection of Real Estate
Documents (2-3 weeks)
Your appointed lawyer will file the property agreement with the land register office to obtain the certificate. You will receive all your documents with an official, certified translation.
Application for Residency (1-2 months)
During the time of purchasing the real estate, we will work on preparing all necessary documents to submit for your residence permit application. This application can be submitted by the investor, other family members on the application, or a lawyer. Biometric data is required in order to receive a residence permit card. If the investor and their family members are unavailable on the day of submission, the biometric data collection will take place another day. However, it has to take place in Greece.
Receive your Greece Residence
Card (1-2 months)
Greece will usually take 1 to 2 months to process your application for a residence card. Once approved, you and your family members will receive your Greece residence card. You can collect the cards yourself or have a lawyer do so on your behalf. Note, that the investor’s passport is needed for the collection.
Renewal of your Residency
If you wish to renew your residency after five years, our team will support you in the process and ensure that you and your family can continue to be Greek residents.

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.