Residence permit in Greece «Golden visa»

Under real estate investment programs or government funds. Travel around Europe without additional permits.

Program

01

path to citizenship

02

income from rental property or dividends

03

freedom of movement

Residence permit in Greece: advantages and conditions for obtaining

Greece is a picturesque country in Southern Europe, famous not only for its sunny beaches and rich cultural heritage, but also for its favorable conditions for immigration. As a member of the European Union, Greece offers residents and citizens a high standard of living, security, access to quality education and medicine, and a stable legal system. One of the most popular ways to move to this country is the Golden Visa program, which allows you to obtain a residence permit (RP) through investment.

Advantages of Greek Residence Permit

01

Freedom of movement

Visa-free entry to the Schengen area.
The ability to travel around Europe without additional permits.

02

Favorable conditions for families

Inclusion of spouse, children and parents in the application for a residence permit.
Access to education and medicine at European level.

03

Financial flexibility

Possibility to receive income from property rentals or dividends from Greek companies.
No tax on worldwide income for non-residents.

04

Path to citizenship

After 7 years of legal residence in Greece, you can apply for citizenship by passing a Greek language exam.
Greece recognizes dual citizenship, which allows you to keep your previous passport.

Golden Visa Program: Key Features

The Greek Golden Visa program has been in effect since 2013 and is considered one of the most accessible and fastest in Europe. It allows foreign investors and their families to obtain a residence permit in just 3-4 months after submitting an application. The main advantage of the program is the lack of requirements for a minimum period of residence in the country, which makes it an ideal option for those who want to move freely around the Schengen area without having to permanently reside in Greece.

The main conditions of the program:

The residence permit is issued for 5 years with the possibility of extension while maintaining the investment.
The residence permit allows you to stay in Greece for up to 365 days a year and travel around the Schengen area for up to 90 days within six months.
The program can include a spouse, children under 21 and the applicant’s parents.

Investment options

Greece offers several investment options, each to suit different budgets and goals.

1. Real Estate Investments

Real estate is the most popular option for obtaining a Golden Visa. Depending on the type and location of the property, the minimum investment varies:

– € 250 000 — purchase of real estate for the purpose of reconstruction (for example, converting a commercial property into a residential one or restoring historical buildings).
– € 400 000 — purchase of one property with an area of 120 sq.m.
– € 800 000 — investment in real estate in Athens, Thessaloniki or on large islands (with a population of over 3100 people).

Additional options:

– Rent of real estate for 10 years (from € 400 000 or € 800 000 depending on the location).
– Renting out the purchased property to generate passive income.

2. Financial investments

For those who prefer to invest in securities or banking products, the following options are available:

– € 500 000 — a fixed-term deposit in a Greek bank or the purchase of government bonds with a maturity of 3 years or more.
– € 500 000 — a contribution to the share capital of a Greek company investing in real estate or a closed-end investment fund.
– € 800 000 — the purchase of shares or bonds traded on Greek stock exchanges.
– € 350 000 — investments in mutual funds working exclusively with Greek assets.

Procedure for obtaining a residence permit

01

Visit to Greece

Getting to know the real estate market or choosing an investment instrument.

02

Conclusion of the deal

Purchase of real estate or registration of financial investments.

03

Submission of documents

Preparation of a package of documents and submission of an application for a residence permit.

04

Waiting for a decision

The application review takes approximately 3-4 months.

Conclusion

Greece offers some of the most favorable conditions for investors seeking European residency. Flexible investment options, no residency requirements, and the ability to include the entire family make the Golden Visa an excellent solution for those seeking freedom of movement and stability.

Get Passport will help you choose the best investment option and support you through all stages of obtaining a residence permit in Greece. Contact the professionals for a confident start in Europe!