4-6 months
Residency by Investment
The Greece Residency by Investment Program, also known as the Golden Visa Program, was launched in 2013 to attract foreign investors and enhance the country’s economy. This initiative allows non-EU citizens to obtain residency in Greece by making qualifying investments, primarily in real estate. The program promotes Greece as a desirable destination for investment and residency, providing an opportunity for investors to engage with the local market.
Quality of Life
Living in Greece offers a high quality of life characterized by a relaxed pace and a strong sense of community. The combination of beautiful landscapes, rich history, and a mild climate creates an enjoyable environment for residents.
Healthcare
Greece has a robust healthcare system that provides both public and private options. The public healthcare system offers access to modern facilities and services for residents and citizens. Private healthcare is also available, often providing quicker access to specialized treatments and a higher standard of care.
Education
The education system in Greece is well-regarded, featuring a mix of public and private schools that cater to various needs. Many international schools offer curricula in English and other languages, making it easier for expatriates to integrate. Greece is home to several prestigious universities and institutions, emphasizing higher education and vocational training.
Economic Environment
Greece’s economic environment has shown signs of recovery in recent years, with growth driven by tourism, shipping, and agriculture. The government supports foreign investment, creating opportunities for entrepreneurs and businesses. The strategic location of Greece also facilitates trade and access to European and global markets.
Lifestyle
The lifestyle in Greece is vibrant and diverse, blending modern living with rich traditions. Residents enjoy outdoor activities, a thriving arts scene, and a strong emphasis on family and social connections. The local cuisine, known for its flavors and health benefits, plays a central role in daily life, often enjoyed in communal settings.
4-6 months
Starting from €250,000
Schengen Countries
In Greece, income taxes are progressive, meaning higher incomes are taxed at higher rates. Both residents and non-residents pay taxes based on where their income is sourced. Permanent residents are taxed on global income, while non-residents only pay taxes on income earned in Greece. Tax obligations arise for those with a permanent residence, who spend over 183 days in the country, or who earn a certain level of income. Additional taxes may apply for owning properties, vehicles, or other assets. The main types of taxes include income tax, social security tax, capital tax, and VAT on goods and services
The cost of living in Greece varies by region, with urban areas like Athens and Thessaloniki typically being more expensive than rural locations and smaller islands. Generally, monthly expenses for individuals can be manageable, encompassing essentials such as housing, utilities, food, and transportation. Housing costs tend to be more affordable outside major cities, while dining out and groceries are relatively inexpensive compared to many other European countries. Overall, Greece offers a favorable cost of living, making it an attractive option for those seeking a balanced lifestyle amidst beautiful landscapes and rich culture.
Key Facts
Capital
Languages
Currency
Population
| Investment Zone | Minimum Investment | Details |
| Zone 1 | €800,000 | Includes key areas such as Attica, Thessaloniki, Mykonos, Santorini, and other islands with populations of over 3,100. The minimum value for purchasing real estate is €800,000. |
| Zone 2 | €400,000 | This applies to the rest of Greece, where the minimum property value is €400,000. The investment must be in a single property of at least 120 square meters. |
| Increased Investment Requirements for Islands | €800,000 | In Mykonos and Santorini, the investment has increased from €500,000 to €800,000. An additional 32 islands (including Crete, Rhodes, Corfu, and Zakynthos) now also require €800,000, previously €250,000. |
| €250,000 Investment Option | €250,000 | Available for converting a commercial property into a residential one, regardless of location or size. The conversion can be done by the property seller (our company) or the buyer, who will not be involved in the process. |
Read more:
Greece Residency by Real Estate Investment
| Quick Facts | Details |
| Minimum Investment | €250,000 for real estate (depending on location) |
| Eligibility | Non-EU/EEA citizens, 18+ years old |
| Criminal Record | A clean criminal record required |
| Health Insurance | Required for all applicants |
| Dependents | Spouse, children under 21, dependent parents |
| Application Fee | Investor: €2,000, Adult family members: €150 |
| Processing Time | 4-6 months |
| Residency Renewal | Every 5 years, subject to property ownership |
| No Minimum Stay Requirement | No need to reside in Greece |
| Benefits | Residency in Greece, access to the Schengen area, and many more.. |
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Note: The government of Greece may request additional documents and/or information not listed above for either investment option
In 2025, Greece’s Golden Visa program is still going strong, with 9,289 new applications submitted in 2024—the highest ever—and over €2.3 billion invested in property. Even with delays and a backlog of more than 49,000 cases, demand remains high, especially from investors in China, Türkiye, Lebanon, and the U.S. Its success is mainly due to Greece’s great location, quality of life, and access to the EU, making it a popular choice for those looking for long-term residency.
Program Summary
Learn more about the country and it's citizenship by investment.
Note: Timeline is an estimate only, processing time depends on the complexity of each file.
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