Flag of Greece Residency by investment

Information verified 7 August 2026

Greece Golden Visa:
residency through
property investment

From €250,000 for selected categories of property

The reduced threshold applies to properties converted from commercial to residential use and to listed buildings. Standard properties fall under the €400,000 and €800,000 thresholds. The permit is issued for five years and renews as long as the investment is held.

Programme at a glance

From €250,000 Five-year permit No residency requirement Spouse, children and parents included
Properties ready for application

Every property in our portfolio already meets the programme requirements

Property category
qualifies under the €250,000 category
Change of use
completed and evidenced in full
Property history
never used for a previous application
Title and payment
structured to programme requirements
Programme terms

Greece Golden Visa investment thresholds in 2026

The zone-based threshold system came into force on 31 August 2024 under Article 64 of Law 5100/2024. The amount you invest depends on where the property is located and which category it falls into.

Special category
250 000

Qualifying property categories

Applies anywhere in Greece

Commercial property converted to residential use
Listed building undergoing restoration or reconstruction
No minimum floor area applies
Standard threshold
400 000

Standard regions

All other parts of the country

Every region outside the high-demand zones
Minimum floor area of 120 sq m
The threshold must be met by a single property
Higher threshold
800 000

High-demand regions

Major cities and popular islands

Attica, Thessaloniki, Mykonos and Thira
Islands with more than 3,100 residents
Minimum 120 sq m, single property only

Conditions common to all thresholds: the applicant must hold full ownership and possession of the property, payment must be made through banking channels to an account held in Greece, and the applicant must hold a private medical insurance policy.

Special category

How the €250,000 Golden Visa route works

The reduced threshold applies to properties legally converted from non-residential to residential use. Location makes no difference: Athens, mainland Greece and the islands all qualify.

Which properties qualify

Former offices, shops, warehouses and industrial premises that have been legally converted to residential use. Minimum acquisition value of €250,000.

No minimum floor area applies
The change of use is carried out by the developer before the sale
The change of use must be completed before the application is filed
Industrial buildings carry an additional condition on their past use

Our portfolio of qualifying properties

Developer projects selected against the programme requirements. The portfolio is updated every month.

More than 30 projects and over 700 units available
Athens, Piraeus, Kallithea, Glyfada, the islands and the Peloponnese
Floor areas from 25 to 160 sq m, completion between 2026 and 2028
Every property checked against the programme requirements

A standard flat priced at €250,000 does not qualify on price alone

What matters is the category of the property, not the size of the transaction. Standard properties fall under the €400,000 and €800,000 thresholds depending on the region: see investment thresholds. The €250,000 threshold also covers listed buildings undergoing restoration, but such properties rarely come to market.

We will select properties from the current portfolio to match your budget and family composition

Request the portfolio
What the permit gives you

Greece Golden Visa benefits

The permit is issued for five years and renews indefinitely for as long as the investment is held.

Status, validity and renewal

What the permit holder gets from day one.

Five years

Validity runs from the date of application

No relocation

No requirement to live in Greece

Schengen

Travel without additional visas

Remote purchase

One visit to Greece for biometrics

Long-term letting

The property can be rented out

Who can be included in the application

One investment covers three generations. Each dependant receives a separate residence card and no additional investment is required for family members.

Investor

Main applicant

Spouse or partner

Partnerships concluded abroad are recognised

Children under 21

Including the children of a spouse or partner

Parents

Of both spouses or partners

Dependant permits run to the same expiry date as the investor permit. On turning 21, a child may extend their status for a further three years while studying at a Greek university and financially dependent on the investor.

Points to be aware of

The permit does not grant the right to take up employment. Owning a company, receiving dividends and earning rental income are not restricted.
The property may only be let on a long-term basis. Short-term letting is not permitted.
Selling the property while the permit is valid results in the seller permit being revoked.
A route to citizenship exists and requires physical residence in the country. We set out the conditions below.
Eligibility

Greece Golden Visa requirements for applicants and property

The requirements placed on the investor are minimal. The programme asks for no proof of income and no deposit with a Greek bank.

The applicant

Citizenship of a country outside the EU, aged 18 and over
Valid passport and birth certificate bearing an apostille
Russian and Belarusian nationals apply using a second passport
A bank account outside sanctioned jurisdictions for the transfer to the seller
A private medical insurance policy for every applicant

The property and payment

Full ownership and possession of the property
Under the standard thresholds and the change of use route, the amount must be met by a single property
Payment through banking channels to an account held in Greece
The payment may be made by a spouse or a relative up to the second degree
Purchase through an EU company is possible where the applicant is the sole owner of all shares

What we take care of

End-to-end service

Property selection from our portfolio in Athens, Piraeus and the islands
Every property meets the requirements of the special category
Legal support through the transaction and registration
Preparation and filing of the immigration application

You do not need to search for property yourself

Request the property portfolio
Applying with a second passport

Applying for the Greece Golden Visa with a restricted passport

Some nationalities run into banking channels and payment restrictions when completing the purchase and filing the application. The working solution is to apply using a second passport. Family members may use any passport they hold, which the law permits. The second passport stays with you after the residence permit is granted: visa-free travel, access to banking and a fallback plan for the family.

How the two stages fit together

We handle both stages as a single engagement: there is no second provider to find, and the paperwork is prepared in parallel.

Step 1

Second passport

from 6 weeks

Step 2

Property selection and purchase

about 2 months

Step 3

Filing and residence permit

up to 6 months

We calculate the full budget for both stages together with the property shortlist: it depends on the citizenship programme you choose and on your family composition. Programme availability is confirmed at the time of enquiry.

Calculate the passport and residency package
Process

Greece Golden Visa process step by step

The purchase and the application are handled remotely under a power of attorney. You travel to Greece once, to give biometrics.

011-2 weeks

Document preparation

We collect and check the documents for the whole family and arrange apostilles on the originals

02your decision

Property selection and reservation

You choose a property from the portfolio, a term sheet is signed and the unit is reserved

035 weeks

Purchase under power of attorney

Preliminary agreement, deposit, sale and purchase agreement and full payment. No personal attendance required

041-2 days

Filing the residence application

Filed online through the ministry system within two weeks of completing the purchase

05visit to Greece

Biometrics

One visit for the investor and the family. The entry visa is issued on the day the filing is confirmed

063 months

Card production and delivery

Cards are issued for the investor and each family member, with delivery taking about a week

The programme takes up to 8 months in total, from the start of document preparation to the card in your hands. Stage timings are indicative and depend on how ready your documents are and which property you choose.

Documents

Copies of every page of the passport
Birth certificate bearing an apostille
Marriage certificate bearing an apostille
Power of attorney for the Greek lawyer
Notarial deed and registration of the transaction
Private medical insurance policy

Apostilles are affixed to original documents only, never to copies. The full list depends on your family composition and is provided at the first stage.

Cost

Greece Golden Visa cost: the full breakdown

One all-inclusive figure with no hidden charges. The investment itself remains your asset.

Total all-inclusive cost

290,000

Property from €250,000, a family of three: the investor, spouse and one child. All costs, fees and support are included.

What the figure covers

Property selection from our portfolio and developer checks
Transaction taxes and fees, notary and registration
Greek tax number AFM and legal support through the purchase
Preparation of the document package and filing for the whole family
Government fees and private medical insurance
Delivery of the residence cards anywhere in the world

How the figure is made up

Property transfer tax

3.09%

Legal costs on the transaction

1.5%

Notary fee

1.5%

Land registry fee

0.8%

Total transaction costs, as a share of the property price

6.89%

Government fees, legal fees and medical insurance are calculated separately for each applicant. The amounts depend on age and relationship, so the total for a family of a different composition will differ.

The 3.09% rate applies in place of 24% VAT where the developer has opted into the suspension regime. The suspension has been extended to 31 December 2026. On a property priced at €250,000 this saves roughly €50,000.

The precise figure depends on the property you choose and on your family composition, and is prepared together with the shortlist. We ensure the property meets the programme requirements; the decision on the application rests with the Greek Ministry of Migration and Asylum.

Request a costing for your family
What comes next

Taxes, renewal and the route to Greek citizenship

Owning the property creates no tax liability outside Greece and does not change your tax status automatically.

Taxes while you own the property

ENFIA, the annual property tax, calculated on the assessed value of the property
Tax on rental income on a progressive scale if the property is let
If the property is not let, no tax other than ENFIA arises

Tax residency

The permit alone does not make you a Greek tax resident
Tax residency arises after more than 183 days in a calendar year
New tax residents may qualify for a favourable regime with a flat annual charge

Renewing the permit

Five years from the date of application, with no limit on renewals
One condition for renewal: the property stays in your ownership
The property can be replaced with another that meets the threshold, without losing status

What Greek citizenship requires

Seven years of continuous lawful residence in Greece
An examination in the Greek language, history and culture
A clean criminal record and evidence of integration
Greece permits dual citizenship

The permit does not give an automatic right to citizenship after seven years. The period counts only where you are physically resident in the country, with 183 days a year as the working benchmark. Naturalisation is governed by separate legislation and the decision rests with the Greek Ministry of the Interior.

Our service

What our Greece Golden Visa service covers

We work with developers directly, with no intermediaries. The purchase and the application are handled by our own team of lawyers in Greece.

Property selection

A portfolio of projects matched to the programme requirements, updated every month

Property checks

A second legal review of the developer and the property before the purchase

Completing the purchase

Greek tax number AFM, powers of attorney, notary and land registry filing

Document package

Collection, apostille and translation of documents for the whole family

Filing and follow-up

Filing through the ministry system and tracking the case until the cards are issued

Card delivery

We bring the finished cards to you anywhere in the world, in person

Additional support for business owners

Company formation in Greece or another jurisdiction, corporate and personal account opening, and banking support. Immigration agencies do not cover this ground.

6+

years in the market

1,250+

clients

30+

projects in the portfolio

65+

banking partners

Request a consultation
Alternatives

Greece Golden Visa compared with other European programmes

Few property-based residency programmes are left in Europe. Spain closed its scheme and Portugal removed property from the list of qualifying investments.

Flag of Greece

Greece

from €250,000

No residency requirement

Up to 8 months

Free movement across the Schengen Area

A workable plan B in the EU
Flag of Cyprus

Cyprus

from €300,000

A visit to the country is required

2-3 months

A Schengen visa is needed for travel in Europe

Faster, but outside Schengen
Flag of Latvia

Latvia

from €250,000

A visit to the country is required

4-8 months

A Latvian language examination is required

Same threshold, more conditions
Flag of Spain

Spain

was €500,000

Residence in the country was required

From 12 months

The programme closed in spring 2025

No longer accepting applications

If your priority is mobility and speed rather than EU residency, citizenship by investment may suit you better.

View citizenship programmes
FAQ

Greece Golden Visa: frequently asked questions

Cannot find the answer you need? Send us an enquiry and we will review your situation and select suitable properties.

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Yes, but not with any property. The €250,000 threshold applies to properties legally converted from non-residential to residential use: former offices, shops, warehouses and industrial premises. Location makes no difference here, so Athens and the islands both qualify. Standard property falls under different thresholds: €400,000 in most regions and €800,000 in Attica, Thessaloniki, Mykonos, Thira and islands with more than 3,100 residents. The €250,000 threshold also covers listed buildings undergoing restoration, though such properties rarely come to market.

No. What matters is the category of the property, not the size of the transaction. A standard residential flat costing €250,000 in Athens will not qualify, because Attica falls under the €800,000 threshold. Checking a property yourself is difficult: you need the change of use documentation, the date it was completed and confirmation that the property has not already been used by another investor to obtain a permit. The properties we offer have all been checked on these points.

No. The programme sets no minimum stay requirement, either to obtain the permit or to renew it. The permit remains valid for as long as the property stays in your ownership. You travel to Greece once, to give biometrics after the application has been filed. The entry visa is issued on the day the filing is confirmed.

The purchase and the application, yes, entirely. The purchase is completed under a power of attorney granted to a Greek lawyer, and the application is filed online through the system of the Ministry of Migration and Asylum. Personal attendance is required only for biometrics: fingerprints, a photograph and presentation of original documents. That is one visit for the investor and for each family member.

A spouse or registered partner, children under 21 and the parents of both spouses. A civil partnership is recognised regardless of where it was concluded. No additional investment is required for family members, since one property covers the whole family. Each person receives a separate residence card, valid to the same date as the investor permit. On turning 21, a child may extend their status for a further three years while studying at a Greek university and financially dependent on the investor.

The programme does not ask for income statements, bank declarations or evidence of the source of capital. Payment, however, is only accepted through banking channels to an account held in Greece: by bank transfer, by cheque or through a payment terminal. The payment may be made by a spouse or by a relative up to the second degree. Funds may be sent from any country not subject to SAN.

The application is made using a second passport. Family members may use any passport they hold, which the law permits. The programmes most often paired with the Greek route are Sao Tome and Principe and Vanuatu, with processing times of 6 to 10 weeks and 1 to 2 months respectively, after which the Greek stage begins. We handle the passport and the Golden Visa as a single engagement.

On a long-term basis, yes. Short-term letting through holiday rental platforms is prohibited for Golden Visa properties, and a breach leads to revocation of the permit and a fine of €50,000. The property may not be used as a company registered address either. Income from long-term letting is taxed in Greece on a progressive scale.

ENFIA, the annual property tax, calculated on the assessed value of the property. If the property is let, tax on rental income applies as well. If it is not let, no further tax arises. Owning property in Greece does not in itself make you a tax resident: that status arises after more than 183 days in a calendar year.

There is no direct route. Citizenship is granted through naturalisation under the general rules: seven years of continuous lawful residence in the country, an examination in the Greek language, history and culture, and a clean criminal record. Time held on an investor permit counts towards this, but only where you are physically resident, with 183 days a year as the working benchmark. Without moving to Greece, the permit does not convert into citizenship. Greece permits dual citizenship.

Let us calculate your budget and select properties
We will review your situation before the purchase: family composition, budget and suitable properties from our portfolio. If the programme is not right for you, we will say so.

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