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Are you considering an investment that opens doors to residency in Europe? The Greece Golden Visa Program offers an attractive pathway to obtaining residency through investment in the country. Ideal for investors, expats, and families looking to expand their horizons, this guide is your comprehensive resource for navigating the Greek Golden Visa landscape in 2025.
With recent updates to the investment thresholds and conditions, understanding the current landscape is more crucial than ever. This guide will walk you through the essential requirements, the benefits of choosing Greece over other EU countries, and provide a step-by-step approach to securing your investment and residency.
Whether you’re drawn by Greece’s rich history, its strategic location, or the financial advantages of its residency programs, the Greece Golden Visa can be your entry to a broader set of freedoms and opportunities within the EU.
(Article Updated May 2025)
Table of Contents
- Greek Golden Visa Requirements & Investment Options
- Comparing the Greek Golden Visa to Other EU Programs
- Why Choose the Greece Golden Visa Program?
- Step-by-Step Guide to Applying for the Greece Residency by Investment
- Pros & Cons of the Greece Golden Visa Program
- Common Mistakes to Avoid When Applying for the Greece Golden Visa Program
- Final Thoughts: Is the Greek Golden Visa Still Worth It?
- Ready to Take the Next Step?
Greek Golden Visa Requirements & Investment Options
The Greek Golden Visa program provides non-EU investors with an excellent opportunity to gain residency in Greece through investment. Here’s what you need to know about the eligibility and the investment options that qualify you for the visa:
Who Can Apply for the Greece Golden Visa Program?
The Greek Golden Visa is open to non-EU/EEA nationals who meet the investment criteria. There are no restrictions based on age, nationality, or professional background, making it accessible to a wide range of investors.
Greek Golden Visa Investment Options
Real Estate Investment
- €800,000 investment in real estate in the areas of central, north, and south Athens, Thessaloniki, and Mykonos and Santorini islands, and islands with a population of more than 3,100
- €400,000 investment in real estate in all the rest areas of Greece
- €500,000 capital transfer to Increase Shares of a Company registered and operating in Greece
- €500,000 capital transfer to Increase Shares of a Real Estate Investment Company aiming to invest exclusively in Greece
- €500,000 capital transfer to Acquire Shares in a Venture Capital Company registered and operating in Greece, and aiming to invest exclusively in Greek companies
- €500,000 investment in Greek Government bonds witha minimum duration of three (3) years
- €500,000 time deposit in a Greek Bank with a minimum duration of one (1) year and a standing order for its renewal
- €800,000 investment in private companies’ shares and Greek Government bonds that are sold in a regulated exchange market in Greece
- €350,000 investment in a mutual fund with minimum assets of €10,000,000 set up with the exclusive purpose of investing in private companies’ shares and Greek Government bonds that are sold in a regulated exchange market in Greece
- The minimum investment remains €250,000 if a commercial property is converted to residential use, with the conversion completed before application. This option is particularly interesting for those who want to still get the golden visa at the previous investment threshold.
Capital Investment:
- Invest at least €500,000 in Greek government bonds.
Shares and Bonds of Greek Entities:
- Invest a minimum of €500,000 in shares and bonds from venture funds and private equity companies headquartered in Greece.
- Invest €500,000 in bonds or shares of real estate investment companies in Greece.
Want to know if you qualify? Our Greece Golden Visa service page has the full eligibility checklist plus expert tips.
Comparing the Greek Golden Visa to Other EU Programs
| Feature | Greece | Portugal | Malta |
| Minimum Investment | €250,000* | €280,000* | €300,000* |
| Residency Requirement | None | 7 days per year | 183 days per year to maintain residency |
| Permanent Residency | After 5 years | After 5 years | Immediate with investment, citizenship possible after 5 years |
| Citizenship Eligibility | After 7 years | After 5 years | After 12 months under specific programs |
| Family Inclusion | Spouse, children under 21 (and under 24 if studying and financially dependent), parents of both spouses | Spouse, children, parents, siblings | Spouse, children, parents, grandparents, and dependents |
| Processing Time | 6-8 months | 3-6 months | 3-4 months |
For a deeper comparison of Europe’s golden visa programs, check out our comprehensive guide.
Why Choose the Greece Golden Visa Program?
- Affordable Entry: Greece offers one of the lowest real estate investment thresholds in Europe at €250,000, making it accessible and attractive.
- Flexible Residency Requirements: There are no minimum stay requirements, allowing investors to maintain their lifestyle while enjoying residency benefits in Europe.
- Family Inclusion: The program includes immediate family under one investment, facilitating a straightforward path to residency for the whole family.
- Schengen Access: The visa grants extensive travel freedom across the Schengen Zone, ideal for business and leisure.
- Streamlined Process: The application process is quick, typically around 6-8 months, with clear and efficient procedures.
Step-by-Step Guide to Applying for the Greece Residency by Investment
1. Choose Your Investment
Start by deciding on the type of investment you’re interested in, which could range from real estate to investments in government bonds or venture funds. Conduct thorough market research or consult with experts to find opportunities that align with your financial goals and meet the visa requirements.
2. Prepare Your Documents
Gather all necessary documentation, including your passport, family certificates (marriage/birth certificates), and specific investment documents such as property deeds or fund certificates. Your lawyer can assist in compiling these documents to ensure completeness and accuracy.
3. Submit the Residence Permit Application
With your investment in place and documents prepared, submit your residence permit application at the Ministry of Immigration.
4. Await Approval
Now, it’s time to wait for your application approval. Within 40 working days of submisision the applicant receives a temporary residence permit within 40 working days. This provides equal rights to the residence card and is valid until a final decision is made. The process typically takes about 40 working days. During this time, Greek authorities will verify your documentation and investment compliance.
5. Biometrics
After submission of the application, the applicants will be requested to physically attend the authorities where they will provide their fingerprints – this is a compulsory step in order to complete the residence permit application.
6. Post-Approval
Once your application is approved, you’ll be issued a biometric residence card valid for 5 years, marking your new status as a resident in Greece. This card is essential for proving your legal residency status.
Pros & Cons of the Greece Golden Visa Program
The Greek Golden Visa program offers an attractive and accessible route to European residency, particularly appealing due to its unique real estate investment pathway. Here’s the updated comparison to underscore its benefits and considerations:
| Advantages | Considerations |
| Family Inclusion: Includes spouse, children under 21 (and up to the age of 24 if studying and financially dependent), and both spouses’ parents under one investment. | No Work Permit: Visa holders are not permitted to engage in employment in Greece. |
| Schengen Travel: Grants visa-free access to the Schengen Area. | 7-Year Citizenship Path: Citizenship eligibility requires seven years of continuous residency, more than other countries such as Malta or Portugal. |
| Low Investment Threshold: At €250,000, it offers one of the most accessible thresholds for investment. | |
| No Minimum Stay Requirement: No obligation to reside in Greece, offering flexibility for global investors. | |
| Unique Residency Pathway: One of the last EU countries to offer a Golden Visa through a real estate investment pathway, providing a rare opportunity for investors. |
Common Mistakes to Avoid When Applying for the Greece Golden Visa Program
Even though the Greek Golden Visa process is relatively straightforward, there are a few common pitfalls that can delay or complicate your application. Here’s what to watch out for:
1. Buying Property Before Confirming Eligibility
Some investors rush into purchasing property without first confirming they (and their investment) meet the Golden Visa requirements. Always verify your eligibility and the property’s compliance before committing to a purchase.
2. Not Hiring a Qualified Lawyer
Trying to navigate the legal process alone can lead to costly errors. A local lawyer experienced in Golden Visa and real estate law will handle due diligence, contracts, and ensure your investment is secure and compliant.
3. Misunderstanding Tax Implications
Many applicants assume that residency automatically triggers tax obligations. In reality, tax residency is based on time spent in Greece. It’s essential to understand how you could become liable for Greek taxes.
4. Delaying the Application After Investment
Some investors wait too long after completing their investment to start the visa application. This can create complications, especially if timelines shift or documentation expires. Begin the process promptly after your investment is finalized.
5. Overlooking Renewal Requirements
The Golden Visa must be renewed every five years, and you’ll need to prove that you still hold the qualifying investment. Keep your documentation up to date and don’t lose sight of long-term compliance.
Final Thoughts: Is the Greek Golden Visa Still Worth It?
The Greek Golden Visa remains one of the most accessible and flexible residency-by-investment programs in Europe. Despite recent changes and rising investment thresholds in some areas, it continues to offer excellent value for those looking to gain EU residency through real estate or strategic financial investments.
Who Should Apply?
This program is ideal for:
- Global investors seeking EU residency without relocation
- Families looking for long-term security and Schengen access
- Retirees or high-net-worth individuals planning a European base
- Property investors looking to diversify in a growing Mediterranean market
If you’re not planning to work in Greece but want to secure EU mobility, build a second home, or establish a pathway to citizenship, this visa could be the perfect fit.
Future Outlook
Greece has already increased investment thresholds in key areas—and further tightening is possible. As other countries like Portugal and Spain phase out or restrict their Golden Visa programs, Greece remains one of the last few offering a real estate-based residency pathway. If this opportunity aligns with your goals, now may be the right time to act before requirements become stricter or more expensive.
Alternatives to Consider
- Portugal: Offers Golden Visa pathways through funds, research, or cultural contributions—but no longer includes real estate.
- Malta: Provides a residency and citizenship program with a mix of contributions, investments, and property rental or purchase, but with higher costs and stricter requirements.
Each program offers something different. Greece stands out for its combination of flexibility, affordability, and lifestyle appeal.
Ready to Take the Next Step?
If you’re considering the Greek Golden Visa, professional guidance can make all the difference. From choosing the right investment to navigating legal requirements, working with experienced legal experts ensures a smooth, stress-free process.
Explore your eligibility, get personalized support, and start your path to EU residency today.
Whether you’re ready to move forward or just exploring your options, you’ll find everything you need on our Greece Golden Visa service page — or simply fill out the form below to speak with our team.