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Greece

Residency by Investment

Minimum Investment

N/A

Donation

Minimum Investment

€250,000

Real Estate

Time To Citizenship

30-50

Days

Visa-Free Access *

26

Countries & Territories

About the program

The Greece Residency by Investment program was introduced by the government in 2013. Applicants are granted a five-year residency which can be renewed every five years. The program offers a straightforward residency route, with no stay requirement. To be able to apply for this program, you should be at least 18 years of age, in good health, and without a criminal record. In addition, you are required to make a purchase, lease or timeshare investment in real estate.

Benefits

Visa-Free Travel

As a permanent resident of Greece, you are entitled to freedom of movement in the Schengen area.

Guaranteed by law

The program is based on the law & is guaranteed by the government since 2013.

Straightforward Process

You will enjoy access to world-class healthcare systems, have the right to attend schools and universities in Greece.

Tax Relief

Strategically located, beautiful natural environment, safe country and sunny Mediterranean climate.

Minimal residency required

There are no physical residency requirements. You are not required to visit before or after the application.

Dual Citizenship permitted

There is no need to renounce your current citizenship(s), and your home authorities are not notified of your new citizenship.

Program requirements

Main applicant requirements

  • 18+ years of age
  • Good health
  • No criminal record
  • Successfully pass due diligence checks
  • Receive approval by the Government
  • Confirmed investment sources

Eligible dependents

  • Spouse of the main applicant
  • Adult children (biological or adopted) under 28 years of age
  • Dependant parents

*Parents and children older than 18 must be dependent on the main applicant.

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Program process

The expected timeframe for the application process is 6 months. The first stage of the document collection can differ in length depending on the applicant’s ability to gather the documents. Our team guides this process with samples and best practice advice. The reviewal stage is subject to the respective Government schedule and can be impacted by factors which we, as authorised agents have no control over. Savory and Partners collaborates with the Government throughout the entire process, and we aim to provide the quickest and smoothest experience for the applicant.

Legal basis

On the 18th April 2013, Greece introduced Law 4146/ 2013. It offers a renewable five-year Greek residency visa to foreign nationals who invest at least 250,000 Euros into residential real estate that is physically located in Greece. A residence permit for five (5) years is issued and can be renewed indefinitely (for a 5-year period each time), provided that the real estate property is still owned by the applicant. However, the residence permits do not allow a right to employment of any type.

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