Greece Golden Visa

Golden visa programme

Greece is the birthplace of democracy and western philosophy. Its people, who hold great pride in their traditions and heritage, welcome you to its shores with the warmest hospitality. As a full member of the EU and Schengen states, Greece not only attracts international tourism but also provides a gateway to visa-free travel within the Schengen zone.

The Golden Visa Programme was launched in 2013 to attract foreign residency in Europe via a real estate purchase. It is also the only European programme offering immediate permanent residency. The Immigration and Social Integration code, 2014, introduced provisions to facilitate the stay of non-EU nationals, who are granted a five-year residency visa, in return for a real estate investment of EUR 250,000. This visa can be acquired in under 90 days and is renewable every five years if the property investment is retained.

Application process

Weeks 1- 3

Submit application. Greek authorities issue a receipt of application, which may be used as a temporary permit prior to residency being granted.

Weeks 4-7

The application is reviewed and diligence checks are carried out.

Week 8

Golden Visa is issued.

Citizenship

Citizenship may be applied for after seven years of residency.

Investment in property for as little as EUR 250,000

No minimum residency stay requirements

Permanent residency from day one

Visa-free Schengen access

Opportunity to live and do business in EU member state

Extremely pleasant climate coupled with a relaxed lifestyle

Fast application process of three months to receipt of residence Permit

Full family residency for applicant’s parents and children up to age 21 years

Dual Citizenship
Greece has no restrictions on dual citizenship.

Taxation
A resident is not taxed on their worldwide income, only on the income produced in Greece. Rental income from property is taxed at a rate of 15% up to an income of EUR 12,000 and 33% for the amounts over EUR 12,000.