greece

Residence | Greece

About greece

Greece is an EU member state located at the crossroads of Asia, Europe, and Africa. Its strategic location, serene coastal areas, warm Mediterranean climate, and strong industrial sector has made Greece a desirable location for many wealthy individuals searching for a second home. Its desirability is bolstered by its rich historical/cultural roots, renowned gastronomy, educational opportunities, vast healthcare options, and reassured levels of safety and security. Its official language is Greek and its population stands at approximately 10.5 million.

Country Information

  • Location: Europe

  • Language: Greek

  • Population: 10.5 million

  • Economy: Service and Industry

  • Currency: Euro

Greece residence by investment

The Greece Golden Visa program was established in 2013, allowing non - EU nationals to legally seek a residence through financial contribution, be it through real estate investment, capital contribution, shares/bonds, or capital transfer. The applicant for residency may include his immediate family (spouse, children under the age of 21, and his/her parents). Residency permits are renewed every five years, under the condition that the chosen investment is still in place. An applicant and his family are eligible for Greek citizenship after a continuous residency of seven years.

Investment Requirements

Options: Real Estate Investment, Capital Contribution, Shares/Bonds, or Capital Transfer

  • Option 1: Real Estate Investment option starts at Euro 250,000

  • Option 2: Capital Contribution option starts at Euro 400,000 (Capital Contribution entails a contribution to an established company in Greece)

  • Option 3: Shares/Bonds option starts at Euro 400,000 (Shares/Bonds entails an investment in government or corporate bonds, a traded Greek company, or a mutual fund)

  • Option 4: Capital Transfer option starts at Euro 400,000 (Capital Transfer entails a term deposit to a domestic credit institution)

  • All options have additional government and legal fees; real estate investment option has additional property tax fees

Process & time to residence

  • Step 1: Choose and make investment

  • Step 2: Submit required documents with residency application

  • Step 3: Verification and issuance of residency permit

    *Issuance of residence is approximately 1 - 2 months after submission of application

Eligible Dependents

  • Main applicant’s spouse

  • Children under the age of 21

  • Main applicant/spouse parents

Residence Benefits

  • Visa free mobility within Europe’s Schengen area

  • Financial planning, access to EU banking, and no global taxation

  • Acquisition of a property asset or investment in an EU country

  • No physical residency requirements to maintain residency

  • Access to both educational opportunities and healthcare

  • Ability to live in Greece

  • Eligibility for citizenship after seven years of physical residence

  • Family security in global instability