Greece Citizenship by Investment Programme

Why Greece

Pursuant to the Greek Immigration Legislation, non-EU nationals can acquire a residence permit in Greece, either by owning real estate property or by establishing a commercial presence. These two types of residence permits are preferred by non-EU citizens mostly due to the swift issuance procedure, the resulting rights (including visa free travelling within the Schengen area), the current low real estate prices and the long permit validity.

Other benefits are:

  • The fact that there is no requirement to reside in Greece

  • Unlimited expiry date of residence permit

  • Residence can be applicable to the whole family (married spouse, children and parents of the main applicant and spouse)

  • A residence permit holder is eligible to apply for citizenship after seven years of residence in Greece

Ways to obtain Citizenship

  • Via the process of naturalization

  • Residence Permit (also known as the Greek Golden visa program)

  • With a residence permit for 7 years, one can apply for Greek Citizenship

Residence Permit for Real Estate Owners

Investment in Real Estate

Non-EU Citizens, owners of real estate property in Greece (either personally or through a corporate entity with shares fully owned by the applicant), provided that the value of the property is:

  • minimum 500,000 euros in certain areas (Northern, Central and Southern Athens, in the Municipality of Vari-Voula-Vouliagmeni, in Thessaloniki, in Mykonos and in Santorini). Regarding these areas, the regime of 250,000 euros still applies to investors who will deposit 10% of the property’s value by 30.04.2023 and complete the purchase by 31.12.2023.
  • minimum 250,000 euros in the rest of Greece.

Processing time

3-4 months

Requirements for application

Residence permit duration: 5 years and renewable every 5 years provided that the property remains in the possession of the initial owner.

No minimum stay required.

The property owner/holder of a residence permit may be accompanied by his/her family members (spouse, children up to 21 years and parents of both spouses).

Residence Permit for Corporate Executives

Processing time

3-4 months

Requirements for application

Who can apply? Non EU – Members of boards of directors, shareholders, managers, legal representatives and senior executives of subsidiaries and branches of foreign companies, legally exercising a commercial activity in Greece.

Residence Permit duration: 2 years or for a period equal to the expected duration of the applicant’s stay in Greece; renewable every 3 years, provided that the applicant’s position (a shareholder, manager, etc.) has not changed.

The applicants may be accompanied by their family members.

Company registration in Greece

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