Greece Golden Visa

€250,000

Greece’s Golden Visa program offers one of Europe’s most accessible pathways to EU residency, with recent updates creating zone-based investment thresholds to address regional market dynamics while maintaining program attractiveness.
Key Benefits
  • Permanent residence permit for 5 years (renewable)
  • Visa-free travel throughout Schengen Area
  • No minimum stay requirements to maintain permit
  • Includes spouse, children under 21, and parents of both applicant and spouse
  • Pathway to Greek citizenship after 7 years of continuous residence
  • Access to Greek healthcare and education systems
Investment Options By Zone

Zone A (High-Demand Areas) – €800,000

  • Athens (Northern and Central provinces, South Athens Attica)
  • Thessaloniki
  • Mykonos, Santorini
  • Islands with population over 3,100 residents
  • Property must be minimum 120 square meters

Zone B (Regional Areas) – €400,000

  • All other Greek regions
  • Less densely populated areas
  • Property must be minimum 120 square meters
  • Encourages investment in emerging regions

Zone C (Special Categories) – €250,000

  • Commercial property conversion to residential use
  • Restoration of listed heritage buildings
  • Available regardless of location
  • Focus on urban regeneration and cultural preservation
Alternative Investment Routes

Financial Investments

  • Government Bonds: €500,000 minimum with 3-year maturity
  • Corporate Bonds/Shares: €800,000 in listed Greek securities
  • Investment Funds: €350,000 in approved Greek investment funds
  • Bank Deposits: €500,000 fixed-term deposit for minimum 1 year

Business Investment

  • Company Investment: €500,000 in Greek company (excluding real estate firms)
  • Job Creation: Business projects creating employment
  • Economic Impact: Investments supporting Greek economic development
Family Inclusion

Following Greece’s marriage equality legislation (February 2024), same-sex couples are now eligible for family inclusion. No additional investment required for family members.

Processing and Timeline
  • Current Processing: 4-12 months (significant backlog exists)
  • Backlog Status: Approximately 50,000 pending cases as of 2024
  • Digital Modernization: Expected to improve processing times in 2025
  • Renewal: Every 5 years while maintaining qualifying investment
Important Restrictions
  • Properties cannot be used for short-term rentals
  • Cannot serve as company headquarters (Zone C properties)
  • Violations may result in €50,000 fine and permit revocation
  • Investment must be maintained throughout residency period

Recent Updates: The zone-based system implemented in August 2024 represents the most significant reform since the program’s 2013 inception, reflecting government efforts to balance foreign investment with local housing market stability.

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