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Greece Residency by Investment
Greece
Foreign nationals can gain permanent residence in Greece by investing at least €250,000 in real estate. The investor is granted a five-year residence permit, which can be renewed every five years, provided the investor continues their ownership of the real estate or continues the lease for commercial real estate.
This is one of the cheapest immigration by investment pathways in Europe, allowing a comparatively long residence period. Also, investors are not limited to a single investment object, which means that there is an excellent opportunity for increasing the liquidity of investments. The investor cannot work or conduct business activities in Greece.
Foreign nationals can gain permanent residence in Greece by investing at least €250,000 in real estate. The investor is granted a five-year residence permit, which can be renewed every five years, provided the investor continues their ownership of the real estate or continues the lease for commercial real estate.
This is one of the cheapest immigration by investment pathways in Europe, allowing a comparatively long residence period. Also, investors are not limited to a single investment object, which means that there is an excellent opportunity for increasing the liquidity of investments. The investor cannot work or conduct business activities in Greece.
- BENEFITS
- Eligibility Criteria
- Documents Required
- The investor’s spouse, children (under 21), and parents also gain 5-year permanent residence without any additional investment.
- Enjoy visa-free travel to Schengen countries, and reside in these countries for short periods.
- No obligation to reside in Greece to maintain permanent resident status.
- Those who choose not to reside in Greece can rent out the property to earn additional income.
- Access high-quality EU standard healthcare services.
- Children can attend internationally reputed schools and universities at domestic tuition rates.
Application Process
There are two pathways to apply for permanent residency via investment:
Submit an application for a D Visa to the Greek consulate. On average, obtaining residency through this route takes three months. In this case, 50% of the investment amount is paid upon contract signing. Another 40% is paid before submitting the D visa application, and the remaining 10% is paid before submitting a permanent residence application.
OR
Apply to the Greek Department of Foreign Affairs. On average, obtaining residency through this route takes one month. In this case, 50% of the investment amount is paid upon contract signing, another 40% is paid before submitting the permanent residence application, and the remaining 10% is paid after obtaining permanent residence.
How Can We Help?
With nearly three decades of experience providing global relocation solutions, our consultants offer customized services to guide you at every step – from selecting viable real estate to invest in sourcing the funds and creating a complete application for permanent residence with correctly formatted documents. We also offer tax planning and financial consulting services to ensure that your investment proves to be rewarding. With the support of seasoned consultants at every step, your investment is secured, and so is your family’s future!
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