Golden Visa Residency Scheme in Greece

Act now as the minimum property investment is to increase from €250,000 to €500,000!

The areas of Greece affected are likely to include Athens North & South also the islands of Mykonos, Paros and Santorini.

Greece offers one of the lowest cost residency programmes in Europe, with a minimum investment in real estate of just €250,000 this is a real bargain!

Even with taxes and fees the total cost is circa €300,000. Take a look at our property listings in Greece here:

The Prime Minister, Kyriakos Mitsotakis gave a speech on the 10th September 2022 at the 86th International Exhibition of Thessaloniki where he announced the increase under the Golden Visa programme to €500,000 (this has still to be voted in by the government).

We understand this decision has been taken to free up affordable housing for Greek nationals that are currently struggling with affordability issues, due to rising real estate prices.

There are many advantages of the Greek Golden Visa programme which was originally launched mid-2013.

A big benefit is there is no minimum stay requirement and dependent children up to the age of 21 can be included in the family application. Initially, the visa is granted for five years and can be renewed every five years if the real estate investment is retained, again no minimum stay is required. It should be noted, however if you wish to become a Greek citizen this will only be granted after seven years of residency.

The application process for a Golden Visa in Greece is relatively straight forward, taking approximately only 30-40 days for successful acceptance. This process can only start after the completion of the real estate purchase, which can take up to three months or more.

Our partner in Crete, Greece can handle all aspects of the process. For further information on eligibility and all requirements please contact us.

Good News!! It has been guaranteed that Crete will remain at €250,000 for the Golden Visa Scheme. We are pleased to offer many properties including investment opportunities in Crete.

Let us help you realise your dream of living in Greece!