The Greece Golden Visa is a program that grants unlimited residence permits to foreigners who meet real estate investment or financial criteria. Stay informed about the advantages and latest developments of the Greece Golden Visa, Europe’s lowest-cost program.
By receiving professional service with Golden Visa Solutions partners, you can receive your Greece residence card in 6 months.
From real estate purchase to the delivery of the residence card, all stages are managed end-to-end from a single place. Please get in touch to receive Greece Golden Visa consultancy.
Individuals who make an investment (real estate, fund, etc.) worth at least €250,000 can benefit from the Greece Golden Visa program. The other requirements to be fulfilled in order to benefit from the program are as follows:
The Greece Golden Visa also covers family members; your partner or spouse, your children up to the age of 21, and the parents of both spouses can obtain a residence permit. Your family also has the right to obtain a residence permit in Greece and travel visa-free in the Schengen area.
With the Greece Golden Visa amendment made on December 23, 2020, applications can now be made remotely. You can complete all procedures without going to Greece by giving a Power of Attorney (PoA) to our partner lawyers. During the application process, payments are made through banks in Turkey, but it is necessary to open a bank account in Greece for rent and tax payments. Applications are concluded in an average of 12 months.
Choose your lawyer and real estate consultant among our professional partners. Evaluate all investment options together face-to-face or online.
Ensure that your lawyer carries out the procedures on your behalf by giving a Power of Attorney. Your lawyer obtains a tax number (AFM) for you and manages the process by opening a bank account.
Transactions are carried out over the selected investment and the Golden Visa application is made for you. Applications are submitted to the Hellenic Migration Office and the evaluation process begins.
Upon processing the application, a temporary residence card (Blue Card) is issued. You need to travel to Greece at least once to submit your biometric data. The Blue Card indicates that the application is being processed and is valid for 2-6 months.
When your Golden Visa application is approved, a 5-year residence permit in Greece is granted and you receive your card.
You can renew your residence permit every 5 years as long as your investment continues. If you reside in Greece for 7 years, you can apply for citizenship.
Within the scope of real estate investment, it is possible to earn income and gain residency rights by investing in residential or commercial properties. House projects, facilities, and hotels located especially in touristic regions are preferred by investors due to their high economic return potentials. You can generate additional income by renting out the house you purchased. Mortgages cannot be used during the investment process; all purchases must be made with the investor’s own equity. The Greece residential investment options are as follows:
€250,000: Applicable for special projects such as the conversion of commercial properties into residential use or the restoration of registered buildings. Such investments can be made with a minimum investment amount of €250,000 regardless of location or size. These properties yield an average rent of around €700.
€400,000: In rural areas, low-density cities, and some islands of Greece, purchasing a single property of at least $120\text{ m}^2$ is required. These regions are areas where demand is not high and investment is encouraged.
€800,000: Applicable for property purchases in Athens, Thessaloniki, Mykonos, Santorini, and islands with a population of more than 3,100. Those wishing to invest in these regions must purchase a single property worth at least €800,000 and with a minimum size of 120 m².
The Time-Sharing model is a special investment method based on purchasing rental rights for up to 99 years in certain hotels or tourism facilities within the scope of the Greece Golden Visa. The minimum investment amount is €400,000, and the Pierion Musses hotel complex of HIF consultancy is included in this program. In this model, you both own a property and obtain Golden Visa residency rights through the rental agreement you make with the hotel. You can sell your property whenever you want. Compared to other investment types, Time-Sharing offers unlimited property options in terms of type, location, and square meters, and allows short-term rentals. Please contact us for detailed information.
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Yunanistan Golden Visa Şartları
|
Asgari Yatırım Tutarı (€)
|
Getiri Potansiyeli
|
Avantaj
|
|---|---|---|---|
|
Real Estate |
250.000 € - 800.000 € |
Medium - High |
Real estate price increase, rental income opportunity, investment diversity, and ease of residency rights. |
|
Investment Fund |
350.000 € |
Orta-Yüksek |
Portfolio diversification opportunity, professional management advantage. |
|
Greek Government Bond |
500.000 € |
Medium |
Safe investment, government-guaranteed return, regular fixed income opportunity. |
|
Bank Deposit |
500.000 € |
Low-Medium |
Interest income, capital protection, risk-free investment opportunity. |
|
Stock / Corporate Bond |
800.000 € |
High |
High return opportunity, access to high growth potential companies. |
We have listed the prominent Greece Golden Visa real estate projects for you. You can contact us to review our entire portfolio and get detailed information about the residence card application process.
For a family of four wanting to obtain a Greece Golden Visa by making a €250,000 investment through real estate purchase, the total budget ranges approximately between €277,000 and €296,000. This cost may vary depending on the number of people in the family, the location of the real estate, and the scope of the preferred consultancy services. Greece Golden Visa consultancy is provided free of charge with GVS partners, please contact us for details.
Investment Amount (Real Estate Purchase): €250,000
Title Deed, Notary & Registry Expenses: €6,500 – €7,500
Lawyer & Consultancy Fees: €10,000 – €20,000
Application Fees: €2,450
Residence Card Fee: €64
Health Insurance (annual): €1,000 – €1,500
Translation, Apostille, Documents: €1,500 – €2,000 Total (investment + all expenses): €277,514 – €296,514
To buy a house in Greece and rent it out, you must pay income tax on the rental income you earn. Income tax is calculated at rates between 15% and 45%. Property tax is charged between €2 and €11.30 per square meter. You are also obliged to declare this income in Turkey, but thanks to the Turkey-Greece double taxation agreement, you do not pay tax twice.
Examining the change by years, it is seen that there was a temporary slowdown in applications especially during the pandemic period, and afterwards, a rapid upward trend has been entered with increasing demand and investor interest. By receiving professional service with Golden Visa Solutions partners, you can receive your Greece residence card in 6 months.
On November 11, 2025, with Ministerial Decision 214926/2025 (Official Gazette B’ 6014/11.11.2025), certain changes were made to the main rules and regulations of the program. Documentation and certification requirements have been introduced for real estate investments. In particular, an engineering report and registration of the conversion date are now required for projects converting commercial properties into residential use.
Technical details such as the Official Gazette number and notarized document must be provided for buildings under protection. For buildings used for industrial activities, documents proving that no such activity has been carried out in the last five years must be submitted.
It is forbidden to use real estate purchased for a residence permit in short-term rentals. Violations bring the risk of a fine of approximately €50,000 and the cancellation of the residence permit.
You can review country programs and contact us to evaluate a customized investment option for you.
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