Greece Golden Visa 2026: Residence Permit & Citizenship

What is the Greece Golden Visa?

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.

  • Minimum real estate investment €250,000
  • No residence requirement
  • Opportunity for settlement or rental income
  • Opportunity for remote application
  • Family members included in the program
  • Right to Greek citizenship
  • Visa-free travel in the Schengen area
  • Right to benefit from education and healthcare services

Greece Golden Visa Consulting

Lawyer, Real Estate & Consulting Partners

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.

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Hellenic Investment

Real Estate Projects, Golden Visa Application

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Vitruvius Development

Real Estate Projects, Residence Card Application

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Devco Development

Real Estate Projects, Residence Card Application

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Limar Homes

Real Estate Projects, Residence Card Application

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Residence Permit
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Greece Golden Visa Requirements

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:

Who Can Benefit?

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.

Greece Golden Visa Program Application Process

How to Get a Greece Golden Visa?

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.

Right Consultancy and Strategic Investment Decision

Choose your lawyer and real estate consultant among our professional partners. Evaluate all investment options together face-to-face or online.

Legal Process and Power of Attorney (PoA) Procedures

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.

Completion of Investment and Golden Visa Application

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.

Submission of Biometric Data & Obtaining Blue Card

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.

Receive Your Greece Residence Card

When your Golden Visa application is approved, a 5-year residence permit in Greece is granted and you receive your card.

Greece Golden Visa Renewal Process

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.

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Greece Real Estate Investment Options

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.

Comparative All Investment Options

Greece Real Estate Investment & Other Investments

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.

Projects

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.

Titanium Estates Time Share A1

Titanium Estates Time Share

Titanium Estates Time Share B1

Elite Estates Time Share A1

Elite Estates Time Share B2

Elite Estates Time Share C1

Elite Estates Time Share I1

Leonidou Suites 01

Leonidou Suites 104

Crystal Hill Duplex

Ampelokipoi

Korydallos A2

Crystal Ocean

Seferi Imperial A3

Helios Apartments GF1

Helios Apartments GF2

Metropolitan Residences A1

Metropolitan Residences B1

Legendary Estate D2

Legendary Estate A1

Notara Grand A1

Our Expert Partners

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Keyvan Bahrman

HIF Country Manager

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Christos Lepeniotis

Vitruvius Business Development

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Mürüvvet Durmaz

GVS Manager

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Manos Vasilakis

Limar Homes Manager

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Costs, Expenses

Greece Golden Visa Prices

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.

Greece Golden Visa Changes

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.

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Frequently Asked Questions

Does the Greece Golden Visa grant the right to citizenship?

Citizenship is not obtained directly through investment via the Greece Golden Visa. However, you can apply for citizenship if you reside in Greece for 7 years.

What are the Greece Golden Visa regions?

The regions most preferred by Turks for the Golden Visa in Greece are Athens, Thessaloniki, Mykonos, Santorini, Rhodes, Corfu, Crete, Paros, and Zakynthos.

Does the Greece Golden Visa provide a transition to permanent residency?

Golden Visa holders cannot obtain permanent residency directly, but the residency permit can be renewed indefinitely every 5 years as long as the investment continues. Those who obtain a residency permit by purchasing a house in Greece and reside there continuously for 7 years can apply for permanent residency.

Does the Greece Golden Visa grant a work permit?

Although the program provides a residency permit, it does not directly grant a work permit in Greece. To obtain a work permit, you need to establish a company or get a job in Greece. Having a residency right facilitates the work permit process. Especially if you establish a business by purchasing commercial property such as a hotel, office, or shop, you can apply for a work permit.

Which countries can be visited with the Greece residency permit?

The residency permit obtained within the scope of Greece's Golden Visa program offers the opportunity to travel visa-free for up to 90 days within a 180-day period in the Schengen Area. Countries visited visa-free with Greek residency are: Germany, Austria, Belgium, Czechia, Denmark, Estonia, Finland, France, Croatia, Netherlands, Spain, Sweden, Switzerland, Italy, Iceland, Latvia, Liechtenstein, Lithuania, Luxembourg, Hungary, Malta, Norway, Poland, Portugal, Slovakia, and Slovenia.

What are the Greece Golden Visa documents?

The documents required for the Greece Golden Visa application are: Two copies of the application form, four biometric photographs, a passport or travel document, the residency permit fee, the electronic issuance fee for the Greek residency card, health insurance, and proof of investment. These documents must be submitted completely and up-to-date; otherwise, the application process may be delayed or rejected.

How does the inheritance process work?

When a person passes away, their real estate is transferred through inheritance. If there is a will, the property is distributed according to the conditions of the will. Since the Greek golden visa is tied to the property, the right to apply for the program arises if the heir takes over the property and meets the current conditions.

How does the residency permit process continue in the event of divorce?

In the event of a divorce, the residency permit continues for the person in whose name the property is registered, while the other spouse's right to residency ends. In case of joint ownership, who takes over the property determines whose residency continues. However, children's rights under the program continue.

Can a Golden Visa be obtained by purchasing joint property?

In Greece, a Golden Visa cannot be obtained through partnership; it can only be obtained by spouses. During the residency permit application, one person is designated as the primary investor. The application process is also carried out through the primary investor. In the event of a divorce, the primary investor keeps the residency permit. However, if the divorce is not reported, a civil registry record is requested during renewal. When a divorce occurs, the non-investor spouse's residency permit is canceled.

Can I rent out my house for short-term stays on Airbnb and Booking platforms?

It is prohibited to short-term rent homes purchased for residency permits. If this is detected, a fine of 50,000 € can be imposed, and the residency permit can be cancelled. However, the returns on long-term investments are higher.

Can I buy a car in Greece with a residency permit?

Yes, you can buy a vehicle and get a driver's license after receiving your residency permit card.

Which experts do I need to work with to get a Greece golden visa?

You need a real estate agent, lawyer, notary, engineer, and consultant. With GVS partners, you can complete your entire application process through a single company.

What are the rights of Greece Golden Visa residency permit holders?

Except for two matters, they have the same rights as Greek citizens. First, they cannot work for others. Second, they cannot vote. If you get involved in any illegal activity, your residency permit will be cancelled.

Can I use a bank loan for a residency permit?

Foreigners cannot get a loan in Greece. However, if you have a two-year history and meet the bank's conditions, you can buy a house. But the money required for a property purchased with a Golden Visa must come from abroad, not from a loan.

How is the real estate payment made for the residency permit?

The amount related to the real estate must come from abroad. You cannot buy a residency permit with money earned in Greece; it must be obtained from abroad. If you have a bank account in Turkey, you can transfer the money to your account here. On the day you buy the real estate, you give a blocked check to the seller. In the conditional sale system, the parties go to the notary where the sale takes place. A clause is added to the sales contract stating that the sale takes place today and the money will be paid within ten business days. After the payment is made, the seller gives the payment receipt at the notary, and the transaction is completed. The conditional sale system is safe.

Is health insurance mandatory for residency permit holders?

Yes, and it must be renewed every year.

Can I establish a company with a residency permit?

Yes, you can establish a company in Greece after receiving your residency card.

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