The Greece Residency by Investment Program, also known as Golden Visa Program, was introduced by the Greek Government in 2013 to enable investors to acquire residency in Greece by investing in real estate.

The residence permit is the lowest-cost permit in Europe and may be renewed every five years there after provided the applicant still owns the property.

Greece offers a straightforward residency route, with no minimum stay requirement. The application process is quick with further opportunities to apply for citizenship after a set period.

With Article 155 of Law 4764 / 23-12-2020, citizens outside the European Union who meet the conditions for inclusion in the Golden Visa Program, can apply for a residence permit, through a power of attorney, without having previously entered the country.

The applicant must within 12 months enter Greece and submit to the competent service the required biometric data.

In order to obtain a Golden Visa in Greece the following requirements must be met:

• You shall have entered Greece legally.

• You shall have the full ownership, possession and occupancy or a percentage of undivided ownership of one or more real estate properly/ies in Greece, the total value of which should amount to at least 250.000 €.

• Alternatively, you shall have signed a timeshare agreement (lease) for a minimum of 10 years for hotel accommodations or furnished tourist residences in integrated tourist resorts according to article 8, paragraph 2 of Law 4002/2011 (Government Gazette 180A’), provided the minimum cost of the lease also amounts to 250.000 €.

• Alternatively, you shall purchase a plot of land or acreage and proceed to erecting a building, provided that the cumulative value of the land purchased and the contract with the construction company also amounts to at least 250.000 €.

• In cases of joint ownership, where the value of property is 250.000 € or more, the residence permit is only granted

  if the owners are spouses with undivided ownership of the property. In all other cases of joint ownership, the

  residence permit is only granted if the amount invested by each of the joint owners is at least 250.000 €.

• If the owner has acquired the property through a legal entity, the applicant shall own 100% of the company shares.

• Four recent colour photos, with passport specifications (dimensions: 4×6), plus a CD with the photos in digital form. We prefer the photos to be taken in Greece, because there are differences in passport specifications amongst different countries

• Copy of a valid passport or other travel document recognized in Greece bearing an entry visa, whenever an entry visa is required. In the case where the city of birth is not mentioned on the passport, a Birth Certificate is also required, to establish where the applicant was born. This certificate shall be validated with the Hague Convention Stamp
  (“Apostille”).

• Health, hospital and accident private insurance (preferably from a Greek insurance agent).

• Copy of the purchase title of the property/ies worth at least 250.000 €. The contract shall clearly mention that the price was paid by bank check from a Greek bank account, or by bank transfer directly to the seller’s account from a foreign account.

• A notarial certificate that certifies that the property deed fulfills all the requirements set by Law 4146/2013 art. 6 paragraph 2.

• Proof that the property title was properly registered at the Local Land Registry.

• Four recent colour photos, as above.

• Copy of a valid passport bearing an entry visa and in a Birth Certificate, as above.

• Health, hospital and accident private insurance, as above.

• A recent certificate of family status from a foreign authority proving the relationship between the main applicant and the members of his/her family (e.g. Family Certificate, Marriage Certificate etc.). This certificate shall be issued by the competent Public Authorities and validated with the Hague Convention Stamp (“Apostille”) wherever it is required. Alternatively it shall be officially translated and validated by the competent Greek Consulate or by the Greek Ministry of Foreign Affairs.

As a specialized company for Golden Visa investments and real estate investment in general, we have helped numerous clients find their ideal investment and successfully obtain the Golden Visa.

We offer tailored proposals and meticulous research and observation of the Greek economy, social state and real estate market.

Based on your preferences, we can help you buy property in Greece and support you through the entire process of obtaining the residence permit stress free and transparent.