Greece’s “Golden Visa” is a renewable residence permit framework for non-EU investors who make a qualifying investment in Greece (real estate or selected financial instruments). This page is an overview for orientation only; eligibility and documentation are case-specific and should be confirmed with licensed immigration/legal professionals.
In general, the framework provides:
• A residence permit valid for 5 years, renewable as long as the qualifying investment is maintained.
• Schengen-area travel for up to 90 days in any 180-day period, once the residence permit is issued.
• Family inclusion under family reunification (spouse or civil partner, unmarried children under 21, and parents of the spouses/partners).
• No requirement of actual residence in Greece to maintain the permit (renewals depend on holding the investment).
• No access to the labour market under this permit category.
• The property may be used privately and may be leased long-term; however, short-term leasing is restricted for Golden Visa properties.
For real-estate-based residence permits, the required minimum value depends on location and property type. Current thresholds include:
• €800,000 in: Attica, Thessaloniki, Mykonos, Santorini (Thira), and islands with population over 3,100. The investment is in one single property; if it is a built property (or a property with a building permit), minimum 120 m² main premises apply.
• €400,000 in the rest of Greece. The investment is in one single property; if built (or with a building permit), minimum 120 m² main premises apply.
• €250,000 special categories (single property), including:
- property where the main premises change to residential use (conversion), under the statutory conditions; change of use must be completed before applying,
- purchase of a listed building (or part) to be restored/reconstructed; transfer before completion is void.
Greece also provides residence permits for certain financial investments. Examples include a €500,000 term deposit and €350,000 fund-based options, among other categories defined in the applicable framework. These routes are documentation-heavy and should be assessed with a specialist.
• Real estate acquired for the initial granting or renewal of an investor residence permit may not be leased or subleased on a short-term basis in the context of the sharing economy. Short-term rental is defined as a lease/sublease for less than 60 days, where no services other than accommodation and bedding are provided.
• Greek citizenship is not automatic. It may be possible after a qualifying period of lawful residence and other requirements (e.g., genuine residence, language/civic criteria), depending on the rules in force at the time.
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