Greece
Greece
Visa-Free Travel Across Europe
With a Greece Golden Visa, you gain visa-free access to all 27 Schengen Zone countries, allowing you to travel, work, or study across Europe with ease, making it an ideal gateway for frequent travelers and business professionals.
Family-Friendly Benefits
The Greece Golden Visa extends its benefits to your entire family, including your spouse, children, and even parents. This allows your family to enjoy the high-quality lifestyle, healthcare, and education available in Greece while securing their residency status.
Pathway to Citizenship
After five years of holding a Golden Visa, you can apply for permanent residency, and after seven years, you may be eligible for Greek citizenship, unlocking broader rights and benefits within the European Union.
No Residency Requirement
Unlike many other programs, the Greece Golden Visa does not require you to live in the country to maintain your residency status, giving you complete flexibility to live anywhere in the world while enjoying the benefits of Greek residency.
Fast and Streamlined Process
The Greece Golden Visa offers one of the fastest processing times, with residency permits typically issued within 60-90 days. This allows you to quickly secure your status and begin enjoying the program’s benefits in a short time frame.
Affordable Investment Options
St. Lucia’s Citizenship by Investment Program offers a range of options, from government bonds to real estate investments or a direct contribution to the National Economic Fund, allowing you to choose the path that best suits your financial goals.
Investment Distribution
Real Estate
Bank Deposit Option
Taxes and Application Fees
Professional Fees
Investor
- Unmarried
- Parent or guardian’s consent if under 18
Spouse
- Unmarried
- Parent or guardian’s consent if under 18
Children Under 24 Years Old
- Unmarried
- Parent or guardian’s consent if under 18
Parent
- Unmarried
- Parent or guardian’s consent if under 18
Investment Options
Real Estate
€400.000
Alternatively, you can invest in real estate under the Greece Golden Visa Program, requiring a minimum investment of €400,000 in property, which must be maintained for the duration of your residency. This option allows you to secure EU residency while investing in one of Europe’s most popular destinations, with potential for long-term value appreciation.
In addition, a government fee and legal costs apply, depending on the size of your investment and the number of applicants. These typically include processing fees for your family members, ensuring that your spouse, children, and even parents can benefit from Greek residency.
Bank Deposit
€500.000
Alternatively, you can opt for a bank deposit under the Greece Golden Visa Program. This requires a minimum deposit of €500,000 in a Greek financial institution. This option is ideal for investors looking for a lower-maintenance route to residency, as it allows you to benefit from Greek residency without the complexities of property management.
Processing fees for a family of up to four apply, as well as due diligence fees for the main applicant and dependents. Both options offer flexibility and access to visa-free travel across the Schengen Area, along with the potential to apply for permanent residency and citizenship in the future.
Commercial Renovation
€250.000
Alternatively, you can invest in commercial real estate renovation projects under the Greece Golden Visa Program. This option requires a minimum investment of €250,000 in qualifying commercial property, which must be held for the duration of your residency. This route offers the potential for rental income and capital appreciation, particularly in key urban or tourist areas.
In addition to the investment, there is a government processing fee for the main applicant and additional costs for family members. For example, legal fees and due diligence costs apply, typically around €2,000-€5,000 depending on the complexity of your application and the number of dependents included.
International Property
Investment Expert
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Let us help you find the perfect investment migration solution.
month 1
Investor Orientation and Initial Security Assessment
We commence our onboarding process with Form 1, enabling us to conduct a GMC pre-screening. Upon completion of this screening, we will provide you with a Customer Agreement (CA) for your review and signature.
Upon receipt of the signed contract and advance payment, our transaction team will assist you in completing the necessary forms and compiling the required documents. If you are investing in real estate, it will be essential to enter into a sales and purchase agreement with the developer. Subsequently, we will coordinate with the property developer and the Citizenship by Investment Unit (CIU) of Greece and Barbuda.
Global Mobility Capital attorneys conduct preliminary background checks to identify potential risks that may result in application rejection promptly. Due Diligence minimizes the risk of rejection to 1%.
Should any risks be identified, we will propose an alternative solution, such as recommending the selection of a different program or the inclusion of supplementary documentation in the application.
The verifications we conduct are confidential. The sole document required is a passport.
The Global Mobility Capital team comprises certified Anti-Money Laundering Officers who possess extensive knowledge of the complexities of due diligence procedures across various countries.
A tax identification number is necessary for conducting significant transactions in Greece, such as acquiring property. Our attorney facilitates the application process and prepares the required documents for tax number registration. Typically, the tax number is issued within three to seven business days.
month 2
Investment and Golden Visa Application
GMC real estate specialists assist investors in selecting an appropriate property for acquisition. Attorneys guarantee that the transaction is both transparent and lawful. Initially, the investor executes a pre-purchase agreement and remits a 10% deposit of the property price. Subsequently, the attorneys collaborate with the notary to prepare the final contract. The purchase agreement may be signed by the investor or by an attorney authorized through a power of attorney. Our attorney submits the contract for registration with the Land Registry and Cadastre and obtains the registration certificate. The buyer receives all property documents along with a certified translation.
The Golden Visa application is submitted once the investment requirement is met, such as the finalization of a real estate transaction. The necessary documents are uploaded online via the official website of the Greek immigration service. Following the submission of the application, a certificate is issued, granting the applicant the right to reside in the country for one year while awaiting a decision on the residence permit.
month-3
Biometrics and Consent
All applicants are required to submit their biometric data, including photographs and fingerprints, for the preparation of residence permit cards. The opportunity to schedule a biometric appointment arises 1-2 weeks after the submission of the residence permit application. A visa may be necessary for travel to the country.
- Tourist visa if the investor acquires property;
- An alternative is the national D visa, applicable if the investment is conducted under its provisions.
The biometric procedure must be finalized within six months and prior to one year from the date of application for the residence permit.
month 3-6
Golden Visa Authorization
The application for a residence permit in Greece is processed within one to two months.
The investor may collect the residence permit card in person, or one of our attorneys can authorize its collection. Upon receipt of the residence permit, the investor’s international passport is presented, and the residence permit application certificate is returned.
Golden Visa Renewal
*Residence permits are valid for five years and are subject to renewal. Applications and necessary documentation must be submitted two months prior to the expiration of the current permit. The protection of property or other investment assets is obligatory.
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Frequently Asked Questions
What is the Greece Golden Visa Program?
The Greece Golden Visa Program is a residency-by-investment program that allows non-EU nationals to obtain Greek residency through a qualifying investment. This residency grants you and your family the right to live in Greece and visa-free travel within the Schengen Zone.
What are the investment options for the Greece Golden Visa?
There are several investment routes, with the most common being real estate. You can invest a minimum of €250,000 in Greek property, or choose to deposit at least €400,000 in a Greek bank or bonds. Both options grant you residency, but real estate investment offers the additional potential of property appreciation.
How long does it take to get the Greece Golden Visa?
The Greece Golden Visa process is one of the fastest in Europe. From the time you submit your application and investment documentation, it typically takes 60-90 days to receive your residency permit.
Do I have to live in Greece to keep my Golden Visa?
No, there is no requirement to live in Greece full-time. You only need to maintain your investment and visit Greece once every five years to renew your residency permit, making it a flexible option for investors who reside elsewhere.
Can my family be included in my application?
Yes, the Greece Golden Visa allows your spouse, dependent children, and even parents to be included in your application. This means your entire family can enjoy the benefits of residency, including access to Greek healthcare, education, and visa-free travel within the Schengen Area.
Is there a pathway to citizenship with the Greece Golden Visa?
Yes, after five years of holding the Golden Visa, you can apply for permanent residency. After seven years of continuous residency, you may become eligible to apply for Greek citizenship, provided you meet language and cultural requirements.
What are the tax implications of holding a Greece Golden Visa?
Greece operates on a territorial tax system, meaning you are only taxed on income generated within Greece unless you choose to become a tax resident. This offers flexibility for investors who may have tax residency in other jurisdictions.
What are the advantages of the real estate investment option for the Greece Golden Visa?
The real estate investment option is highly popular due to Greece’s recovering property market, which offers good potential for appreciation and rental income. With a minimum investment of €250,000, it’s one of the most affordable Golden Visa programs in Europe, allowing you to own property in a desirable location.
Can I rent out my property in Greece after receiving the Golden Visa?
Yes, you can rent out your property and generate rental income after obtaining the Greece Golden Visa. This provides an opportunity to earn returns on your investment while still maintaining your residency status.
Can I sell my investment property and keep the Greece Golden Visa?
To maintain your residency, you must retain the property for as long as you wish to keep the Golden Visa. However, once you sell the property, you would no longer meet the investment requirement, and the visa would be voided unless you reinvest in another qualifying property or financial option.
The Greek Golden Visa Program is founded on the Greek Immigration and Social Integration Code (Law 4251/2014) and associated regulations. This initiative provides a residence permit in Greece to foreign nationals who fulfill specific investment criteria.
Under this program, a foreign national seeking to acquire a residence permit in Greece is required to invest a minimum of 400,000 Euros in a real estate property sanctioned by the Greek State. The investor may exercise this right by securing the title deed for the property. This investment must receive approval from the General Secretariat of Immigration Policy and the Residence Permit by Investment Unit.
Furthermore, the investor is required to submit the requisite documents and fulfill the legal procedures. The application for a residence permit is conducted in the following steps:
- A full copy of the passport: The validity of the applicant’s passport must be certified by a notary.
- Residence permit application form: The form issued by the Greek Immigration Service must be completed thoroughly and precisely.
- Photo: A biometric photograph that adheres to passport standards and was taken within the past six months is required.
- Financial status documentation: The investor is required to provide official documents that verify the source and amount of the investment.
- Title deed or lease agreement: The title deed or notarized lease agreement pertaining to the investment made in Greece must be submitted.
- Medical report: A legitimate medical report detailing the applicant’s overall health status, which may include HIV test results in specific instances.
- Criminal record: A clean criminal record is required from the applicant for the residence permit application in Greece and must be obtained from the appropriate authorities in the relevant country.
Investors may expedite the residence permit process by granting a power of attorney to a lawyer. The residence permit is valid for five years, during which the ownership of the property must be retained. Sustaining ownership of the property or investment is a requisite condition for the renewal of the residence permit.
The following supplementary documents must also be submitted when applying for a residence permit:
- Investment certificate: An official document indicating that the investment has received approval from the Greek government.
- Tax number: Tax identification number acquired for real estate investment in Greece.
- Documents for additional family members: If minor children or other dependents are included, copies of their passports, criminal records, and health reports must also be provided.
The documents of family members and dependents applying must be submitted in full, ensuring that they are notarized and presented accurately. The residence permit application is assessed in accordance with the Greek Immigration and Social Integration Law and pertinent regulations.