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Greece Golden Visa

Residency in Greece and a gateway to Europe through real estate investment. Thresholds starting at €250,000, direct title-deed ownership and a practical residence model with no obligation to live there.

Programme

What is the Golden Visa?

The Golden Visa is an investment programme that grants non-EU citizens the right of residence in Greece through real estate investment. With a low investment cost, direct title-deed ownership and no obligation to reside in the country, it stands out as one of Europe's most practical residence models.

Benefits

What does it offer investors?

  • Permanent right of residence and living in Greece — no obligation to reside
  • Visa-free travel across the Schengen area
  • Access to state education and healthcare services
  • The ability to start your own business and operate as an entrepreneur
  • Euro-denominated income by renting the property long term
  • A path to EU citizenship once the conditions are met

Who can benefit?

The main investor, their spouse, their children (up to age 21/24) and their parents — three generations covered at once. By making a child over 18 the main investor, future generations can be included in the programme as well.

How long is it valid?

It remains valid for life as long as the property is not sold, and passes to children by inheritance. The residence permit is renewed every 5 years; the main requirement is holding onto the property and having no criminal record. Renewal is simple and low-cost.

Investment Thresholds

Investment limits

ThresholdScope
€800,000Athens, Thessaloniki and major cities; high-population islands such as Mykonos, Santorini and CreteSingle property · min. 120 m²
€400,000Other regions of GreeceSingle property · min. 120 m²
€250,000Renovation / conversion projects (all regions)Single property · no m² requirement
What is a renovation project?

The redevelopment of disused industrial, commercial, historic or public buildings into housing. The building's general character (façade, floor height) is preserved. The €250,000 threshold applies to these types of projects.

Process

How does it work?

Average completion time ≈ 3–6 months

  1. 01Property selection
  2. 02Preliminary agreement and deposit (typically 10%)
  3. 03Power of attorney granted to a lawyer for the transactions
  4. 04Payment of the property price and completion of the sale
  5. 05Golden Visa application
  6. 06Approval of the preliminary visa (“White Paper”)
  7. 07Travel to Greece for fingerprinting
  8. 08Residence permits printed and delivered
Costs

Sample cost table

For a €250,000 investment, the approximate additional cost ≈ 10% of the property price. The items below are indicative and may change according to current legislation and circumstances.

Transfer tax (3.09%)€7,725
Land registry fee (0.80%)€2,000
Notary fee (1.30%)€3,250
Translation costs€500
GV application — main investor€2,016
GV application — spouse + 1 child€332
Health insurance (3 people)€450
Legal services€7,500
Total (approx.)€23,773
Returns & Tax

Investment perspective

Investors can generate regular euro-denominated income by renting the property long term. The Greek real estate market has shown strong demand and an appreciating trend in recent years.

The programme is also supported by various tax incentives and relatively favourable property taxes. As current yields, tax rates and incentives vary by project and legislation, we recommend speaking with our advisors for an assessment tailored to you.

Secure your future in Greece

Our expert team is by your side for the right project selection, process management and official procedures. Let's evaluate the options that suit you together.

Barış Oğur

Barış Oğur

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Hello! 👋 I'm Barış Oğur. Beyond our Fikirtepe expertise, I'd be glad to help with your property investment anywhere in Türkiye and Cyprus.now
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