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Greece Golden Visa (GIRP)

The Greece Golden Visa program is a residency-by-investment program that requires a Minimum investment of €800,000 in a property in the entire Administrative Region of Attica (includes Piraeus and most of the capital region), the Regional Units of Thessaloniki, Mykonos, Santorini, islands with a population of over 3,100 inhabitants; or minimum investment of €400,000 in a property in other areas.

Greece Golden Visa (GIRP) Benefits

Citizenship By Investment

Residency and Family Inclusion

  • Member of EU/Schengen.

Dependents included:

  • Spouse.
  • Children under 21.
  • Parents of the investor and spouse.
Citizenship By Investment

Travel and Quality of Life

  • Right to reside indefinitely in Greece.
  • High standard of education and healthcare, and children have access to free education.
  • Free travel within Schengen zone 90 days out of every 180 days.
  • Right to establish a business.
Citizenship By Investment

Ease of Access

  • Fast processing, typically within 6-9 months.
  • No physical residency requirement.
  • No language requirement.
  • Can apply for Greek citizenship after 7 years subject to meeting actual residency and language requirements.
  • No wealth tax.
  • Low property tax.
  • No education or management/ business experience required.
  • The GIRP is valid for 5 years and can be renewed.
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Greece Golden Visa (GIRP) Requirements

  • The applicant must be a Non-EU citizen.
  • The applicant must be over 18 years old & in good health.
  • Must have medical insurance.
  • Make a qualifying real-estate investment which must be held for the entire duration of the residence permit.

Greece Residency Investment Visa Options

Property Investment

  • Minimum investment of €800,000 in a property in the entire Administrative Region of Attica (includes Piraeus and most of the capital region), the Regional Units of Thessaloniki, Mykonos, Santorini, islands with a population of over 3,100 inhabitants; or
  • Minimum investment of €400,000 in a property in other areas
  • The investor must buy a single property with a minimum area of 120m2, and can’t offer the property for short-term rentals.
  • The investor can qualify for a minimum investment of €250,000 if the investor converts commercial properties to residential use; or restore listed buildings of historical or cultural significance, regardless of size or location.

Greece Golden Visa (GIRP) Process

Processing time 6 Months

Due Diligence And Application

  • Select property in Greece and sign Power of Attorney.
  • Complete property purchase.

Approval And Investment

  • Book submission date in Greece for application.
  • Lawyer submits application documents and obtains temporary residence permit (TRC) for applicant which is valid for 1 year.
  • The applicant and dependents must visit Greece to submit biometrics within the validation period of TRC.

Residency

  • Approval of the residence permit is typically granted within 2 months.
  • May renew every 5 years providing the investment is still held.

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Frequently Asked Questions

A Greece Golden Visa requires a minimum EUR 800,000 property investment in Attica, Thessaloniki, Mykonos, Santorini, or larger islands; EUR 400,000 in other areas.

The Greece Golden Visa allows inclusion of the investor’s spouse, children under 21, and both the investor’s and spouse’s parents.

Dependents of Greece Golden Visa holders must renew their permit annually from ages 21 to 24. After the dependent becoming 24 years old, they must invest independently to retain residency.

The application process for the Greece Golden Visa does not require an interview.

Holders of the Greece Golden Visa can travel visa-free within the Schengen Area for up to 90 days within any 180-day period.

The Greece Golden Visa does not grant the right to work in other EU countries.

Residency in Greece is not required for Greece Golden Visa holders, though a visit is necessary during the application process.

The Greece Golden Visa is renewable every 5 years if the investment is maintained.

Greece Golden Visa holders receive benefits similar to Greek citizens, including access to subsidized healthcare and free education.

Eligibility for Greek citizenship requires 7 years of lawful residence under the Greece Golden Visa, along with meeting residency and language requirements.

Investments for the Greece Golden Visa can be made anywhere in Greece, with varying minimum amounts based on location.

Investors own and can reside or rent out their purchased property under the Greece Golden Visa.

Additional investments in Greece are permitted for Greece Golden Visa holders.

There is no minimum period for holding the investment; the Greece Golden Visa remains renewable as long as the investment is maintained.

Greece does not offer a direct investment path to citizenship; a minimum EUR 400,000 investment grants residency, with potential citizenship after 7 years, depending on conditions.