Greece Residency by Investment
Greece Golden Visa
Greece’s Golden Visa program offers non-EU investors and their families a pathway to residency through qualifying investments. The program has undergone significant changes, notably adjusting investment thresholds and conditions to align with economic objectives.
Tax Benefits: Greece offers favorable tax regimes for new residents, including a flat tax rate on global income for those who establish tax residency in the country.
These updates reflect Greece’s commitment to attracting foreign investment while ensuring sustainable economic growth and addressing housing market dynamics.
Key Facts:
- Investment Thresholds: The minimum investment amounts have been updated as follows:
- €800,000: Applicable in high-demand areas such as the entire Administrative Region of Attica (including Athens), Thessaloniki, Mykonos, Santorini, and islands with populations exceeding 3,100.
- €400,000: For properties in other regions of Greece.
- €250,000: Available for specific projects, including the conversion of commercial properties into residential use or the restoration of listed buildings, regardless of location or size.
- Family Inclusion: The program extends residency rights to the investor’s immediate family, including spouse or partner (with a registered cohabitation agreement), unmarried dependent children under 24, and parents of both the investor and spouse.
- Residency and Citizenship Pathway: While there is no minimum stay requirement to maintain the residency permit, investors aiming for Greek citizenship must reside in the country for at least seven consecutive years, spending a minimum of 183 days annually, and pass exams in the Greek language and culture.