Permanent Greece Residency
The Golden Visa is a Greek residence permit and is one of the most popular investment visa programs in the European Union. It is a residence-by-investment visa and is issued to non-EU citizens who purchase in real estate in Greece.
The Greece Golden Visa program is a residency-by-investment scheme that allows third country nationals and non-EU citizens to obtain residence permits by investing in Greek real estate, businesses, or other eligible assets. Family members, including spouses and children under 21 years old, can also apply for residence permits through family reunification.
Greece Golden Visa Changes 2024
Recent Enhancements to the Greek Golden Visa Program
Launch of a Dual-Zone System
Impact on Investors
With the new legislation now in force, investors face revised investment conditions categorized into two tiers based on geographic zones. These changes reshape the minimum investment prerequisites for applicants:
Tier 1 (€800,000 Investment): Focuses on real estate investments in prime locations including Attica, Thessaloniki, Mykonos, Santorini, and islands with populations over 3,100. This tier is designed to maintain high-value investment in Greece’s most coveted regions.
Tier 2 (€400,000 Investment): Covers Greece’s broader regions, setting a more accessible entry point at €400,000. This initiative aims to foster investments across a diverse range of areas, potentially broadening the program’s economic impact.
Investments in both tiers require the acquisition of a single property of at least 120 square meters.
Future Opportunities and Special Initiatives
These developments highlight the Greek government’s proactive approach to adapt the Golden Visa Program in response to the evolving dynamics of the real estate market.
For a full guide on the criteria for Greece Permanent Residency and to be kept up to date with any changes
2 month processing time
No minimum stay requirement
Includes all family members - children up to 21 & investors & spouses parents
Visa free travel to Schengen countries
Gives the right to apply for EU citizenship after 7 years
Provides the right to live in an EU country forever
Gain access to EU education opportunities
Mobility and Freedom
When you invest in property and apply for Permanent Residency you and your family have the right to live freely in Greece, or you can continue use the permit whenever you need it and continue to live where you choose.
Greece is a superb base for traveling throughout Europe and the rest of the world with excellent flight connections. As an PR holder, you are able to enjoy the same health and education rights as Greek nationals in addition living in Greece gives you a high quality of life, an outdoor social sphere and access to international private schools and universities.
Greece Permanent Residency also gives you access to the EU. An an EU citizen you are free to live, work, travel, receive healthcare or pursue education anywhere within the EU member states. In fact, travel benefits extend way beyond Europe with Greek passport holders being able to travel visa-free to an extensive list of countries included in the Schengen zone.
An Attractive Lifestyle
In addition to the beautiful Mediterranean climate and many islands to visit, sports, culture and outdoor social life are part of what makes Greece a great place to live! Greek life is centred on family and friends, being social is part of the Greek culture and heritage. Whether it’s spending the morning at the coffee house or people gathering in village squares to listen to live music, life here is about connecting with people and enjoying time together.
Greece is also a very affordable place, especially when compared to North America and much of the rest of Europe. Prices for daily essentials (food, transport, etc.) are at least 20% cheaper.
