Greece Residency Program

Greece is a country with high potential for investors, offering multiple options for obtaining residency. The lower cost of living, a more accessible real estate investment threshold compared to other nations (minimum €250,000), geographical proximity, climate conditions, and cultural affinities make Greece attractive for those planning to invest from Turkey.

Moreover, after holding residency for 7 years with residence in Greece for at least 183 days each year, one can apply for citizenship. At that stage, applicants must successfully pass official exams on language and culture.

Why Greece?

Quality of Life → Mediterranean climate, life by the sea and nature
Ease of Access → Strong air and sea links opening to Europe and the world
Economic Opportunities → High investment potential in real estate and tourism sectors
Robust Healthcare System → Modern hospitals and high-standard health services
Safety → One of the safest places to live in Europe
Quality Education → Universities and schools at European Union standards
Cultural Heritage → Living immersed in history, art, and culture
EU Membership Advantage → Schengen free movement and unrestricted access in Europe

Ideal For Whom?
Investors who want low-cost real estate in Europe, desire proximity to Turkey, and are family-oriented.

One of Europe’s most accessible investment‐based residency programs, the Greece Golden Visa program grants investors and their families a Greek residence permit and freedom of movement within the Schengen area.

Access to Services: With a 365-day residency permit in Greece, one can benefit from education and healthcare systems, and participate in business life.
Visa-Free Travel: Living in Greece for 365 days grants visa-free travel across all Schengen countries for up to 90 days.
Flexible Residence: Unlimited entry and indefinite stay rights; no relocation requirement (“Plan B”).
Family Inclusion: A single investment can include spouse/partner, children under 21, and both applicants’ parents in the residency permit.
Investment Returns: Rental yields of up to 10% from purchased properties, and 4–5% annual returns from investment funds, provided the property is maintained.
Tax Advantages: New properties are exempt from 24% VAT; only 3.09% title deed transfer tax applies. Option to pay a flat annual €100,000 in lieu of global income tax.
Path to Citizenship: After 7 years of residence with minimum 183 days per year, a clean criminal record, and passing Greek language, history, and culture exams. Dual citizenship is allowed.

INVESTMENT OPTIONS

REAL ESTATE INVESTMENT

Residency Benefits: Renewal for an initial 5 years without residence requirement, and citizenship after 7 years
Family Inclusion: Spouse, unmarried children under 21, and parents of applicant and spouse are included
Tiered Investment Levels: Investments starting at €400,000 in smaller cities and €800,000 in major cities; a €250,000 exception for restoration or conversion projects and co‑ownership options
Growing Market: In Q1 2025, national real estate values increased by 6.19% year‑on‑year, and 10% in Thessaloniki
Appreciation Potential: Central renovation projects around €250,000 offer high capital gains
Strong Rental Demand: With 27% of population renting (35% in Athens & Thessaloniki), long‑term rentals yield ~4–5%, tourism season yields up to 10%

Tax Benefits:

3.09% title deed transfer tax
ENFIA (property tax) rebates if property is insured against natural disasters (earthquake, fire, flood)
20% discount for residential property values up to €500,000
10% discount for properties over €500,000

INVESTMENT FUND

For the Greece Golden Visa, a €350,000 investment in a licensed fund is possible. This option supports the national economy and offers an average annual return of 4–5%.

BANK DEPOSIT

A bank deposit of at least €500,000 in Greece, held for 1 year with automatic renewal, qualifies under the Golden Visa program. This option also covers the investor’s spouse and family members.

Greece Residency Program