There is no direct way to obtain citizenship by investment in Greece; however, through this immigration scheme, you can obtain residency first. If you want to move to Greece through this visa, our local specialists can help you.
| Quick Facts | |
|---|---|
| Nationalities accepted (EU/Non-EU) | Non-EU |
| Business investment option | Yes, residency for investment activities with a positive impact on the country’s economy. |
| Real estate investment option | Yes, with a minimum value of EUR 250,000 or 500,000 depending on the location of the property. |
| Other investment options (if available) | Investments in securities or bank deposits in Greece, capital contributions (of a certain amount) |
| Living requirement in Greece | Not mandatory to reside in the country permanently, however, this may be the case for those interested in obtaining citizenship. |
| Residence or direct citizenship option | Residence is granted for 5 years, citizenship applications are submitted separately. |
| Direct immigration with family members (YES/NO) | Yes |
| Family members allowed to join the program | Yes, the permit holder may be accompanied by family members. |
| Residence visa/citizenship processing time (approx.) | 3 months or more |
| Additional financial requirements for family members | Generally yes |
| Timeframe for obtaining citizenship after residency by investment | A foreign national who has lawfully resided in Greece for 5 years can apply for citizenship by naturalization. |
| Dual citizenship permitted (YES/NO) | Yes |
| Reasons to choose Greece | Lifestyle and culture, location in Europe, various opportunities for investments in tourism and other industries. |
| Personal income tax rate | Progressive rates from 9% (for taxable income of up to EUR 10,000) to 44% (for taxable income of over EUR 40,000) |
| Visa free travel to other countries (approx. number of countries) | > 100 |
Table of Contents
Who can apply for a Greek investment visa?
The program was designed for citizens from non-EU and non-EEA states who cannot immigrate to Greece directly.
What are the eligibility conditions to obtain a Greek golden visa?
You must have no criminal record and be able to prove you have obtained the funds to invest in a legal manner.
What are the investment requirements for this Greek visa?
You can choose between:
- investments in real estate;
- startup business creation;
- share purchase in government-approved funds, corporate bonds, etc.;
- lease agreement for hotel accommodation.
What are the steps to obtain residency by investment in Greece?
Below, our Greece immigration agents summarize the essential steps for obtaining permanent residence and then Greece citizenship by investment:
- Prepare the documents: an application for naturalization needs to be filled in by the individual, together with proof of a long-term residence permit, passport, birth certificate (translated into Greek), recent tax reports, social security number, and other documents that prove one’s lawful living in the country;
- Apply: the filled-in form and the documents are submitted to the local authorities in charge of Civic Status in the area where the applicant lives.
Pay the fee: the application is subject to a fee; proof of payment is also required together with the documents; - Wait for the decision: the application is thoroughly revised, and a decision can be expected in approximately one year in some cases (in practice this period may differ).
What is the minimum amount to invest to get residency by investment in Greece?
EUR 250,000.
What are the requirements to buy a property in Greece under the Golden Visa scheme?
You can:
- buy a property that needs renovation with a minimum value of EUR 250,000;
- acquire a property that has at least 120 sqm in various cities with fewer than 3,100 inhabitants that has a minimum value of EUR 400,000;
- buy a property in regions like Attica, Thessaloniki, Mykonos, or other islands with more than 3,100 inhabitants and at least 120 sqm value at no less than EUR 800,000.
What documents do I need to prepare to move to Greece through this program?
The following:
- valid passport and visa;
- recent photographs;
- proof of investment;
- clean criminal record;
- Greek Tax Identification Number (our Greek immigration lawyers can help you obtain it);
- health insurance.
Can I move to Greece with family members?
Yes, with your spouse, minor and adult children below the age of 21. In this case, you will need to include the marriage certificate and birth certificates of children in the application file.
What is the validity of a Greek golden visa?
5 years.
Must I live in Greece for the duration of the visa?
No.
How many years do I need to be a Greek resident to obtain citizenship?
7 years.
Regardless of your country of origin, one of our immigration lawyers in Greece can help you apply for the residence permit and the subsequent Greece citizenship by investment. You can contact us for more details on how we can provide the needed assistance.
