Personal information & Eligibility criteria
Living in Greece
Table of Content
A true holiday destination, with sunny weather year-round and beautiful beaches both on the mainland and on surrounding islands, gorgeous Greece can become your paradise home.
The Greek Golden Visa was launched in 2013 and is a European residency-by-investment programme, which was designed to help Greece recover from the damaging effects of the 2008 financial crisis.
Benefits of the Greek Golden Visa
One of the most affordable real estate residency-by-investment programs, with a required minimum investment of EUR 250,000.
Investing in one of the top tourist destinations around the world brings up some real opportunities to obtain healthy results in this active real estate market.
The Golden Visa gives you permanent residency and access to the wider EU, including the opportunity to obtain a second passport- complete with full EU citizenship rights*.
Schengen zone access
The Golden Visa allows you to travel anywhere in the whole Schengen zone without any additional visas or permits.
Fast to obtain
Completing the application process and getting your permanent residency status can be accomplished in just three months.
Travel the world
This European passport is valid for ten years and literally opens the world to be traveled with no hassle, giving ease to travel to 171 countries.
*Using the Greek Golden Visa as a pathway to obtain citizenship and an EU passport will require that you live in Greece for at least 183 days every year, for at least seven years before applying. You would need to become a tax resident in Greece and pay tax on your worldwide income. There is also a language requirement of B1 level Greek, along with a civics exam covering Greek history, society, and culture.
If you would like to apply for this program, you must be a third country national, that is not a citizen of an EU/EEA country, or Switzerland, be over 18 years old, have a clean criminal record, have full medical insurance covering yourself, and any dependents and pass a due diligence check, in line with international anti-money laundering regulations. All this, in addition to making a substantial contribution to the program. You can also include family members such as:
- The direct descendants of the spouses, who are under the age of twenty-one,
- The direct relatives of the spouses in the ascending line.
If you would like to apply for the Greek residency programme, you have four investment routes to choose from.
1) A real estate investment option, requiring a minimum investment of EUR 250,000. Although there is the possibility of this amount being increased in the future to a higher amount.
2) Purchase of government funds for a value of EUR 400,000.
3) Acquisition of shares of real estate investment firms for a value of EUR 400,000
4) Or acquisition of shares of a venture capital firm, private equity firm, or mutual fund also for a value of EUR 400,000
Welcome to one of the world’s sunniest destinations, with more than 250 sunny days of sunshine and around 20 million tourists visiting each year. In this paradisiac country, tourism makes up around 20% of Greece’s GDP, one of the highest percentages of any industrialized country.
Apart from tourism, Greece is also a culturally-rich destination, as it ranks top spot for most archaeological museums in the world, a staggering 110 of them. You will find some of the world’s most important and remarkable collections of antiquities at the Acropolis Museum, the National Archaeological Museum in Athens, and the many archaeological sites spread around the country, like the famous Delphi and Olympia ones.
Greece’s economy is based around 85% on the service sector, the most important economic industries being tourism and merchant shipping, as Greece has the largest merchant marine in the world, covering 16% of the world’s total capacity. The country also produces 2.2 million metric tons of olives every year, being the third-largest producer of olives in the world, after Spain and Italy. In fact, some of the country’s olive trees that were planted in the 13th century are still bearing fruit today.
More detailed information is available through The Immigration Office assessment. All our Investment assessments are free, individually made according to your needs, and 100% confidential.
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