Effective September 1st 2024, the Greece Government has specified in Article 100 of Law 5038/2023 as amended by the new modification in March the following investment categories for residential real estate to qualify for Greek Golden Visa.
The Greek Golden Visa Program, initiated in 2013, presents an exclusive chance for non-EU citizens and their families to acquire a five-year residency by investing in real estate. Through this program, investors can gain a renewable Greece Residence Permit, enabling them to enjoy extended stays in the country.
To qualify for the Greek Residency, the Government has stipulated two different property investment category levels for Residential Real Estate, depending in which area it is located in.
Citizenship Invest has an inventory of pre-checked projects to ensure all necessary permits are in place to qualify an applicant for the Residency visa. The inventory is continuously updated according to availability and new offers. Investors must purchase the property before submitting the Residency application..
Residing in Greece is not a required.
An interview or language proficiency test is not required.
There is no requirement for education or management experience.
The Greek Golden Visa offers visa-free travel within the Schengen area without further documentation or visas.
The program also allows you to stay in any other Schengen country for up to three months every six months, with the right to multiple entries.
Non-residents are not subject to income tax in Greece, except for rental income generated from the property in Greece.
Irrevocable European Citizenship and passport after 7 years of receiving a taxable income in Greece and subject to proving a strong bond with the country & passing specific tests such as the Greek Citizenship Test which covers Greek language, politics, history and culture.
The Greek residency permit allows visa-free travel to Europe including 29 countries in the Schengen zone.
The Greek residency permit allows visa-free travel to Europe including 29 countries in the Schengen zone.
*The list of countries is subject to variations depending on each government's policy and so is access to these countries.
To qualify for Greek residency, the Government has stipulated specific investment categories for residential real estate. Citizenship Invest offers an inventory of pre-approved projects to ensure that all necessary permits are in place, qualifying applicants for the residency visa. This inventory is continuously updated based on availability and new opportunities. Investors must purchase a property before submitting their residency application.
Effective September 1st 2024, the Greece Government has specified in Article 100 of Law 5038/2023 as amended by the new modification in March the following investment categories for residential real estate to qualify for Greek Golden Visa.
There are government fees to pay in addition to acquiring real estate.
Along with the required investment, there are additional costs associated with the Greece Residency by Investment Program. These include Citizenship Invest's professional fees, document certification fees (where applicable), courier charges, and other minor disbursements. For more details, please get in touch with us.
Your first two weeks of obtaining the Residency with Citizenship Invest (CI) involves the following:
Sign CI Retainer Agreement and make the first payment of CI Professional Fees.
Select a property in Greece (can be done remotely). Once property is selected, CI will prepare the property purchase documentation required for the Residency application.
Once the required property purchase documents are ready, applicants to transfer the funds for the property purchase and taxes.
CI will submit the residency documentation to the government. Applicants must pay Government Fees and Application Processing Fees at this point.
Additionally, CI Professional Fees for file submission is also payable.
Residence approval is issued.
Clients must travel to Greece to have their biometrics taken.
Client to pay final CI Professional Fees before issuance of the residence permit.
CI will courier your residency cards to your address.
The time frame for obtaining the Greek Golden Visa approval depends on the processing time for due diligence and the individual's case.
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The applicant must be a non-EU citizen.
Make a minimum real estate investment of €250,000.
Applicants and family members must have a clear criminal record and sufficient financial resources.
Applicant must have visited Greece at least once before applying for the Golden Visa.
At Citizenship Invest, we assign a dedicated Document Collection Specialist for each case, streamlining the application process and reducing paperwork. We can also obtain the necessary documents on behalf of our clients if requested. Please note that the following list is for guidance only, not legal advice. After assessing your case, we create a customised checklist for a hassle-free document collection process.
Proof of Address:
Proof of Work and Income:
Bank Statements:
“I am grateful to have chosen Citizenship Invest for the Greek Golden Visa program. The process was smooth, and the professional assistance I received made it even easier. Now, I can work remotely while enjoying the benefits of Greek residency.”
“With Citizenship Invest, obtaining the Greek Golden Visa was a dream come true." My family now enjoys security and access to the European Union thanks to the program. We are currently enjoying a higher standard of living in Greece while continuing to expand our global business interests.”
“I recommend anyone considering the Greece Golden Visa program to apply through Citizenship Invest. Throughout the process, the CI team was extremely helpful and attentive to every detail. Even during the tough times of COVID-19 restrictions, they were able to get our Golden Visas.”
“I was blessed to enjoy the benefits of the Greece Residency by Investment Program." It was a good choice for my family because of the financial prospects, tax breaks, and residence benefits. And having Citizenship Invest has made the process quick, secure, and simple.”