Home / Residency By Investment

Greece

Minimum investment

€400,000

Application Process

6-12 months

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Introduction

Greece is the birthplace of democracy and western philosophy. It is one of the oldest civilizations in Europe, with many historical sites, but also a place of natural beauty which beckons you with its emerald shoreline, pine trees, and olive groves. Greeks hold great pride in their traditions and heritage. They welcome you to its shores with the warmest hospitality.

As a full member of the EU, Greece provides a gateway to visa-free travel within the 27 countries of the Schengen Zone.

Qualifying Dependants

As the main applicant, you must be able to prove the source of your funds along with show evidence of employment or income. You can add your spouse as a dependant. Like you, they must be over 18 years of age and be covered by a health insurance policy.

You can also include dependent children under the age of 21 who are eligible to remain in the programme until they turn 24. In addition, you can add your parents or parents in law as long as you are able to prove kinship.

Investment Requirements / Options

  • Real estate investment starting from €250,000 for the restoration of listed buildings or conversion of commercial properties into residential use, regardless of location.
  • Minimum investment of €400,000 for a single property of at least 120 sqm located in areas outside of Zone A.
  • Minimum investment of €800,000 for properties located in high-demand areas including North, South, and Central Athens, Thessaloniki, Mykonos, and Santorini.
  • Investment of €400,000 in Greek government bonds.
  • Investment of €400,000 in shares or bonds of real estate investment companies operating in Greece.
  • Investment of €400,000 in shares or bonds of Greek companies listed on the Greek stock exchange.
  • A 10-year lease agreement for hotel accommodations or furnished tourist residences within integrated tourist resorts, with a total lease value of at least €250,000.
  • Important Update: The Greek government has officially increased the minimum investment thresholds from €250,000 to €400,000 or €800,000, depending on the property’s location.

Investment Options

You may choose one of the following investment options:

Option 1 – Restoration Projects

    Minimum Investment of €250,000: Specialized real estate investment allocated towards the conversion of commercial properties into residential use or the restoration of listed buildings, regardless of location or size.

Option 2 – Investment Thresholds by Zone

    Minimum Investment of €400,000: For the purchase of properties in Greece, the investment must be made in a single property with a minimum size of 120 sqm.

    Minimum Investment of €800,000: For the purchase of properties in Athens, Thessaloniki, and islands with more than 3,100 inhabitants.

By selling the property and returning the residency card, you are free to leave the programme at any time. It is possible to rent out the property and earn rental income.

Application Process

Month 1
  • Initial due diligence and preliminary screening to assess eligibility.
  • Following successful screening, a Client Agreement (CA) will be issued for your review and signature.
  • Upon receipt of the signed agreement and retainer payment, our legal team will prepare and complete all required government application forms and supporting documentation.
  • You will execute a Sales and Purchase Agreement with the property developer. We will coordinate directly with the developer and liaise with the Hellenic Republic Ministry of Migration and Asylum on your behalf.
Months 1-2
  • Application review and submission: Before submission, we conduct a comprehensive review of your application to ensure full compliance with the requirements of the Ministry of Migration and Asylum. Our legal team completes all final checks before submitting the relevant forms.
  • Following submission, the Ministry of Migration and Asylum will carry out its own due diligence and review of all documentation. We remain in close contact with the authorities throughout the process to ensure your application is handled efficiently and without delay.
  • Upon successful submission, the Ministry of Migration and Asylum will issue an official receipt, which may serve as a temporary residence permit while your application is under review and pending a final decision.
Months 6-12
  • The Ministry will assess your application, and upon approval, you must make all necessary contributions and pay any applicable government fees. We will then arrange for all relevant residence certificates to be sent out.