In high-demand areas such as Attica, Thessaloniki, Mykonos, Santorini, and other islands with a population exceeding 3,100 residents, the investment threshold is set at €800,000. In all other regions, the minimum requirement is €400,000. Additionally, investors must acquire a property with a minimum size of 120 sq.m. However, for properties purchased under an industrial or commercial license intended for conversion to residential use, or for the restoration of listed historic buildings, the minimum investment remains at €250,000.
If you are considering to apply for the Golden Visa, Talk to Us Now!
The Greek Golden Visa Scheme offers a valuable pathway for non-EU/EEA citizens to obtain permanent residency in Greece through investment. While the most popular route is through real estate acquisition, the program also allows alternative options such as investing in Greek government bonds, purchasing of shares in an investment fund or investing re-approved innovative startups.
The scheme grants residency rights for the investor and their family, visa-free travel within the Schengen Zone, and requires no obligation to reside permanently in Greece.
Starting September 1, 2024, the investment threshold in Attica, Thessaloniki, Mykonos, Santorini, and islands with populations over 3,100 will increase to €800,000. In all other areas, the threshold will remain at €400,000. Investors are also required to purchase properties of at least 120 sqm.
However, for buildings with industrial or commercial licenses being converted to residential use, as well as for historic buildings undergoing restoration, the minimum investment remains €250,000, regardless of location or size.
Application Process as follows:
🕒 The entire process typically takes 2 to 6 months to complete.
Naturally, you're wondering about the total cost.
The overall expense can be divided into two main categories:
For a detailed breakdown of each, please see below: here.
YES YOU CAN.
Non-EU citizens who want to invest in the Greek Golden Visa program can start the process through a proxy, without the need to visit Greece beforehand. The Power of Attorney appointing the proxy must be either signed in the presence of a Greek Consular authority or get the apostille stamp from local notary public.
Contact us to know how to start.
You can renew your Golden Visa residence permit every five years, provided that you maintain the initial investment.
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