The Greek Golden Visa Program is an important investment program that provides non-EU citizens with an indefinite residence permit if they make an investment in Greece as determined by law. 

If one of the investment instruments determined by law is owned: the investor, the investor's spouse (if any) and children up to the age of 21, the investor's mother and father, the investor's spouse's mother and father (if any).

The residence permit right is granted for a period of five years together with the Blue Card. Every five years, the biometric data is taken again, and it is checked whether the property has been sold, whether the family ties are valid and whether the children are over the age of 21, and it is extended for another five years. The investor has the right to renew the Blue Card as long as they do not sell the property they purchased.

The most popular investment instrument within the scope of the Greek Golden Visa Program is the purchase of real estate.

You can obtain a Golden Visa by purchasing a property in Greece in accordance with the following criteria:

Real Estate Investment Limits

EUR 800,000: Purchase of a property of at least 120 square meters in the provinces of Athens, Thessaloniki, Piraeus and islands with a population of over 3,100 with a minimum investment of EUR 800,000;

EUR 400,000: Purchase of a property of at least 120 square meters in places other than the regions specified above with a minimum investment of EUR 400,000;

EUR 250,000: Purchase of a commercial property converted to residential or commercial property converted to residential in any region of Greece, without any area or square meter restrictions;

EUR 250,000: Purchase of a historical building in any region of Greece, without any area or square meter restrictions, and renovation and opening for use within five years at the latest.

Other Investment Limits

START-UP INVESTMENT: If you establish a start-up with a minimum investment of EUR 250,000 or invest in an existing start-up, you will be eligible for a Golden Visa.

DEPOSIT INVESTMENT: A fixed-term deposit investment of EUR 500,000 in a Greek bank.

CAPITAL INVESTMENT: A capital investment of EUR 500,000 in a public limited real estate investment company investing exclusively in Greece.

EUROBOND INVESTMENT: Purchase of Greek government bonds worth at least EUR 500,000 with a remaining maturity of at least three years through a Greek credit institution.

BOND INVESTMENT: Purchase of shares, corporate bonds or Greek government bonds traded on regulated Greek markets or multilateral trading facilities worth at least EUR 800,000.

STOCK INVESTMENT: Purchase of a stock for a minimum of 350,000 Euros.

Advantages of the Greek Golden Visa Program

Indefinite residence permit in Greece

Free movement in Schengen member countries

Rental income in Euros

Free use of health and education services provided by the state in Greece

Citizenship application can be made if the following conditions are met: Spending more than 50% of 7 years in Greece, Earning income in Greece, Getting a passing grade in the Greek written exam, Getting a passing grade in the Greek interview. 

Additional Costs

The additional costs that await you during the Golden Visa Investment process are as follows:

% 3.09: Purchase tax of 3.09% of the real estate sales price is paid.

% 1.2 + VAT: A fee of 1.2% + VAT of the real estate sales price is paid to the notary for the purchase transaction.

% 2 + VAT: A fee of 2% + VAT of the real estate sales price is paid to the lawyer for legal consultancy.

% 0.05-0.08: A fee of 0.05% to 0.08% of the real estate sales price is paid for cadastral registration.

Golden Visa Application Fees and Insurance Fees

Application Fees

Investor: € 2,016

Each adult: € 166

Each child: € 16

Insurance Fees

Accident insurance is mandatory for everyone who will apply for a visa under the Golden Visa. It costs an average of €100 per person, depending on age.

Other Expenses

Home Insurance: Around €200 per year.

Property Tax: Around €200 per year.

Income Declaration: €300 per year

Income Tax: Up to €12,000 per year: 15% Between €12,000-35,000 per year: 35% Over €35,000 per year: 45% income tax is paid.

BE Partners Services

Investment Consultancy: We determine the right investment vehicle for you that suits your budget.

Property Research: If you choose to proceed with real estate investment, we research and introduce properties that suit your budget and criteria.

Location Showing: If you have a Schengen visa, we recommend that you plan a trip to Greece. We meet you at the airport, introduce you to the property or investment vehicles, and ensure that you have a pleasant time in Greece.

Process Management: We meticulously follow up all processes regarding your investment on your behalf. We carry out all processes safely with our experienced team consisting of lawyers, notaries, accountants, and bank managers.

Property Management: We provide you with services in every aspect regarding the house you purchased within the scope of the Golden Visa Program.

We offer a full range of services including rental transactions, tenant relations, maintenance-repair-renewal requests.