Thinking about relocating to Greece or investing in property? The Golden Visa program offers a fast, legal, and affordable way to gain residency in one of Europe’s most beautiful countries. In this updated 2025 guide, I’ll explain everything you need to know—from eligibility to benefits and how to apply.
What Is the Golden Visa Program?
The Greek Golden Visa is a residency-by-investment scheme that allows non-EU citizens to obtain a five-year renewable residence permit by investing in real estate or other qualifying assets in Greece.
It’s one of the most accessible and attractive programs in Europe.
Key Benefits
- Residency for you and your family (spouse, children under 21, and dependent parents)
- No minimum stay requirement
- Access to the Schengen Zone (travel freely across 27 European countries)
- Pathway to permanent residency and citizenship
- High-quality lifestyle, healthcare, and education in Greece
Investment Requirements (2025 Update)
Zone A / “Premium Areas”
Attica (Athens, etc.), Thessaloniki, Mykonos, Santorini & islands with a population over 3,100 inhabitants
Minimum Property Investment: €800,000
Other Areas of Greece
(outside the premium areas)
Minimum Property Investment: €400,000
Special Cases
conversion of commercial/professional spaces into residences, or listed (protected) buildings to be renovated
Minimum Property Investment: €250,000
Step-by-Step Application Process
- Choose Your Property: Work with a licensed agent to find a qualifying property.
- Hire a Lawyer: Legal representation is essential for due diligence and paperwork.
- Get a Greek Tax Number (AFM): Required for any property transaction.
- Open a Greek Bank Account: For transferring funds and paying taxes.
- Purchase the Property: Sign the final contract and register it with the Land Registry.
- Submit Your Golden Visa Application: Include Passport and biometric data, Proof of investment, Health insurance and Application forms
- Receive Your Residency Permit: Usually issued within 2–3 months.
Who Is Eligible?
- Non-EU/EEA citizens
- Adults over 18 with a clean criminal record
- Able to invest the required amount
- Holding valid health insurance
Can I Work in Greece with a Golden Visa?
No, the Golden Visa is a residency permit, not a work permit. However, you can own and manage businesses, rent out your property, and earn passive income.
Can I Get Greek Citizenship?
Yes—after 7 years of legal residency, you may apply for citizenship, provided you meet language and integration requirements.