Residency by Investment
Greece Residency by Investment Programme
Also known as the Greece Golden Visa Programme, Greece’s Residence by Investment Programme has been in operation since 2014 and is considered one of the most affordable programmes that provides access to Europe.
The Programme is the ideal solution for non-EU, EEA, or Swiss nationals seeking the freedom to live, undertake business, and study in Greece, or to travel across the Schengen Area.
Greece’s pleasant Mediterranean climate, cosmopolitan cities and exceptional approach to hospitality have lured many high-net-worth individuals into making this beautiful country their second home.
Investors and their families can obtain permanent residence status in Greece through the programme, even while maintaining alternative residence elsewhere. Under the Greece Residence by Investment Programme, permanent residence status is subject to renewal every five years.
- Minimum investment
- €250,000
- Permanent residence
- Immediate
- Residency requirement
- None
- Processing time
- 1–6 months
The Greece Residency by Investment Programme
Benefits of Greek Residency
There are several key advantages for those applying to the Greece Residence by Investment Programme, including:
- The right to live, work, study, and undertake business in Greece.
- High levels of safety and security, excellent education opportunities, and robust healthcare options.
- Immediate permanent residence, subject to renewal every five (5) years.
- Ability to include family members in an application (married spouse, children of the main applicant or spouse under 21 years old, and parents of the main applicant or spouse).
- Eligible for citizenship after seven (7) years of physical presence in Greece, subject to the fulfilment of other criteria (including language requirements).
- Travel benefits – Freedom to travel within the EU
General Requirements
- Aged 18 or over
- Third country (i.e. non-EU, EEA, or Swiss) national
- Valid Schengen Visa
- Sufficient funds to make the investment
- Health insurance policy covering the entirety of the residence period
- Travel requirement to supply biometrics for investor and all family members
- Permit must be renewed every five years
- No interview requirement
- No language requirement for residence
Investment Options
The most popular option under the Greece Residence by Investment:
- 01
REAL ESTATE
Applicants may obtain permanent residence in Greece through the purchase of real estate with a minimum value of EUR 250,000 (Converting commertial properties to residential use or restoring listed buildings), plus the applicable taxes and fees.
- Real Estate
- EUR250,000
Greek Citizenship
The Greece Residence by Investment Programme allows applicants to obtain permanent residence in Greece. However upon the fulfilment of certain requirements, residents may be eligible for citizenship after seven (7) years of physical presence in Greece.
After residing in Greece for seven (7) years, applicants can apply for Greek citizenship.
Requirements for naturalisation include; having a permanent home in Greece, being part of the local community, and having the ability to speak Greek.
Once naturalised, new citizens can then apply for a Greek passport. Greece is a member of the European Union, which means that Greek citizens are also European Union citizens. They may be allowed to live, work, or study in the European Union, EEA, and Switzerland.
Application Process
- 1
Step 1
Interested applicants must submit an application for a Schengen visa to the Greek consulate authority in their country of origin.
- 2
Step 2
Select a property for purchase.
- 3
Step 3
Collect supporting documentation for the residence permit application.
- 4
Step 4
Submit application along with supporting documentation before the expiry of the entry visa.
- 5
Step 6
Final verification.
- 6
Step 7
If approved, travel to Greece to submit your biometric information.
Frequently Asked Questions
Government Advisory
CS Global Partners – Government Advisory
CS Global Partners is the world leading international legal advisory firm, London-headquartered, providing high-net-worth individuals and families with citizenship and residency solutions. As a trusted partner of many governments, CS Global Partners works directly with governments and is mandated to promote some of the world’s longest-standing citizenship programmes, giving clients accurate, up-to-date guidance straight from the source.
For advice shaped by real expertise, contact CS Global Partners.
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