Greece

Residence permit, Visa, Citizenship

Residence permit, Visa, Citizenship

About program

The most accessible "Golden Visa" in the European Union features the most lenient requirements for real estate and investor family composition, as well as the fastest processing times for obtaining status. 

Over 28,000 foreigners have already received residency permits in Greece through real estate transactions. The minimum investment in real estate to obtain a residence permit is 250,000 euros.

Advantages of this Program

  • €250,000 - the lowest entry threshold in the European Union
  • Properties can be rented out for income
  • No non-refundable payments
  • Status granted within no more than 6 months
  • Program suitable for the entire family, including adult children and parents
  • Visa-free travel across the European Union
  • No minimum residency requirements in Greece
  • Citizenship after 7 years of residence in the country

Program Conditions

  • The investor must purchase real estate valued at a minimum of €250,000 (in some regions from €500,000)
  • The investor must not have any real estate ownership debts
  • In regions such as Vari-Voula-Vouliagmeni, Attica region; Southern, Northern, and Central Athens sectors; Thessaloniki, Central Macedonia; Santorini and Mykonos islands, South Aegean region, only one property above €500,000 can be purchased

Who can get a residence permit

  • Investor with legal income. Conditions: Age over 18, no criminal record
  • Spouse of the investor or partner with whom a cohabitation agreement has been concluded in Greece
  • Investor's children Conditions: age under 21, unmarried
  • Children of the spouse of the investor. Conditions: under the age of 21, unmarried, under the guardianship of the investor
  • Investor's parents and spouse

Cost of Obtaining Residency Through Real Estate Purchase

  • Investor: €4,000
  • Spouse: €1,500
  • Minor children (all children under 21): €1,000
  • Parents (each): €1,500

Additional Investor Expenses

  • State fees: €2,016
  • Medical insurance: €100
  • Lawyer’s fee: €1,000

Other Investment Options

  • Besides purchasing real estate, investors can:
  • Rent a hotel or tourist residence for 10 years — from €250,000
  • Buy a plot of land for construction or agriculture — from €250,000
  • Enter into a timeshare agreement for 10 years, granting temporary use of property — from €250,000
  • Obtain property through inheritance or gift agreement — from €250,000
  • Purchase securities — from €400,000; open a deposit in a local bank — from €400,000.

Permanent residency

Permanent residency in Greece can only be obtained after 7 years of continuous renewal of a residency permit. This means that you must first obtain a residency permit and renew it annually. It is not possible to get permanent residency in Greece immediately through the purchase of real estate.

Mercury Group specialists will assist with legal support and provide a full range of concierge services for our investors.

.

Best real estate deals in Greece

€ 650 000 House, For sale
ID: GR-35-181495 Greece, Athens, Athens city
€ 1 100 000 House, For sale
ID: GR-35-181315 Greece, Crete, Crete
€ 550 000 House, For sale
ID: GR-35-181196 Greece, Ionian Islands, Corfu
€ 659 000 Apartment, For sale
ID: GR-35-181194 Greece, Crete, Crete
€ 750 000 House, For sale
ID: GR-35-181016 Greece, Attica, Attica
€ 1 000 000 House, For sale
ID: GR-35-180972 Greece, Ionian Islands, Corfu
Actual

News

Greek Real Estate: From Home to Asset – A Paradigm Shift in the Market
Greece's Golden Visa: Growing Popularity and New Market Realities
Short-Term Rentals in Greece Continue to Grow Despite New Taxes
Greece expands property tax breaks: new opportunities for short-term rentals
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