Greece Residency

Greece, an EU member state strategically located at the crossroads of Europe, Asia, and Africa, stands out for its low cost of living while maintaining a high quality of life. The Greece Golden Visa is currently one of the most attractive European residency programs among EU Golden Visa options.

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Overview of Greece

As a member of the European Union, Greece occupies a strategic position connecting Europe, Asia, and Africa, offering strong potential for both investment and settlement. The cost of living in Greece is considered significantly lower than the European average, yet the quality of life remains high—thanks to its open living environment, pleasant Mediterranean climate, and rich historical and cultural heritage.

The Greece Golden Visa is a residency-by-investment program that allows non-EU citizens to obtain long-term residence rights in Greece through investment in real estate or other qualifying assets.

Launched in 2013, the program grants a 5-year residence permit to real estate investors in Greece. Investors may include family members in their application and enjoy full residency rights. Moreover, the program offers a pathway to permanent residence in Greece and allows holders to live freely in Greece and travel visa-free throughout the Schengen Area.

Would you like us to check your eligibility for this program?

Please get in touch with us and our experts will guide you!

Introduction to the Greece Golden Visa Program

The Greece Golden Visa is one of the most popular residency-by-investment programs in Europe due to its lack of requirements for language proficiency, work experience, or mandatory residence.

  • Processing time: Fast, approximately 6–8 months

  • Residence permit validity: 5 years, renewable as long as the investment is maintained

  • Key benefits:

    • Visa-free travel throughout the Schengen Area

    • No obligation to reside permanently in Greece

    • Eligible family members include: children under 21, legal spouse, parents of the main applicant, and parents of the spouse

Citizenship pathway:
After 7 years of legal residence in Greece, investors and their families may apply for Greek citizenship and become EU citizens.

Program Requirements

  • Must not be an EU citizen

  • At least 18 years old and in good health

  • Clean criminal record

  • Legal entry into Greece with a valid visa or lawful residence status

  • The real estate investment must be maintained throughout the residence permit period

  • Proof of legal source of investment funds and income, in compliance with Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) regulations

Investment Options

  • Minimum investment of EUR 800,000 for properties located in high-demand areas such as Attica (Athens), Thessaloniki, Mykonos, Santorini, and islands with populations over 3,100 people.

  • Minimum investment of EUR 400,000 for properties in all other regions.

    • Investors must purchase one single property with a minimum size of 120 m²

    • Short-term rentals are not permitted for these properties

  • Minimum investment of EUR 250,000 is still available if the investor:

    • Converts commercial property into residential use, or

    • Restores listed buildings of historical or cultural significance, regardless of size or location

Investment Projects in Greece

1. Riviera Palaio Faliro Residences

Location: Athens – Palaio Faliro district

A modern 7-storey residential development offering contemporary studio apartments in the Palaio Faliro area.

Located in a quiet residential neighborhood near the marina and just a short walk from the seaside promenade, the project blends coastal living with urban convenience and provides easy access to transportation, entertainment, and shopping.

Investment Highlights

  • Prime location in Athens

  • 20 apartments across 7 floors

  • Various layouts: 1-bedroom apartments and maisonettes (duplex units)

  • Unit sizes from 33 – 117 m² (355 – 1,260 ft²)

  • Prices starting from EUR 285,000

  • Expected handover: Q1 2027

Rental yield guarantee:
→ Developer guarantees 4% rental return per year for 3 years

2. Nikita Residences

Location: Athens – Piraeus district

Nikita Residences is located just steps away from the redeveloped Piraeus waterfront and only minutes from the new commercial and business hub surrounding the Piraeus Tower. The project offers modern living spaces in the historic port area of Athens.

This boutique-scale development combines contemporary design with practical layouts, making it ideal for:

  • Urban professionals

  • International investors seeking strong rental demand driven by the area’s growing commercial activity and residential appeal

Investment Highlights

  • Prime location in Piraeus

  • 21 apartments across 9 floors

  • Includes 1-bedroom apartments and maisonettes

  • Unit sizes from 35 – 71 m² (376 – 764 ft²)

  • Prices ranging from EUR 257,000 – 333,000

  • Expected handover: Q1 2027

Rental yield guarantee:
→ Developer guarantees 3% rental return per year for 3 years

4-Step Application Process

CONSULTATION

Book an appointment for a detailed assessment and consultation with our Immigration Specialist.

REVIEW & COMMENT

Based on the initial consultation and your profile, we will give you our reviews and advise you about the best option for your immigration needs.

PREPARE & SUBMIT APPLICATION

Once you’re ready to proceed, we will prepare all necessary documents & complete the application and submit to Portugal Immigration.

DELIVER RESULTS

We follow up and reply to inquiries coming from Portugal Immigration until the approval of the case. After approval, we deliver the visa to you.

Frequently Asked Questions?

Yes. Greece Golden Visa holders can travel visa-free within the Schengen Area, which includes 27 European countries, for up to 90 days within any 180-day period. However, the Golden Visa does not grant the right to live or work permanently in other EU countries—only in Greece. Long-term residence in another EU country would require a separate permit.

Golden Visa holders do not have the right to be employed by a Greek company or employer.

However, they are allowed to:

  • Own and manage businesses

  • Receive rental income from real estate

  • Earn passive income and investment returns

Self-employment or salaried employment in Greece would require a separate work permit.

The investor may sell or transfer the property at any time. However:

  • If the investment is sold without reinvesting in another qualifying asset, the Golden Visa residence permit will be revoked.

  • To maintain residency status, the investor must continue to hold a qualifying investment that meets the program requirements.

The Greece Golden Visa is a residency-by-investment program that grants a 5-year renewable residence permit to non-EU investors and their families through qualifying investments, most commonly real estate.

The main difference from permanent residency is:

  • Golden Visa is investment-based and renewable as long as the investment is maintained.

  • Permanent residency is usually based on long-term physical residence, employment, or family reunification.

  • Golden Visa holders are not required to live permanently in Greece, while permanent residency often requires continuous residence.

No. The Greece Golden Visa program does not require:

  • Language proficiency

  • Educational qualifications

  • Management or business experience

This makes it one of the most flexible and accessible residency-by-investment programs in Europe