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Greece Golden Visa Program Overview

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Program Basics: Greece Golden Visa grants residency for €250,000 investment in real estate
Program launched in 2013, offers five-year residency without minimum stay requirement
Family members under 21 and parents can join the program
Investment Options: Minimum €250,000 for commercial property conversion or listed building restoration
€400,000 for rural properties or single 120m2 property
€800,000 for Athens, Thessaloniki or islands with over 3,100 inhabitants
Alternative options include hotel leases, government bonds, or investment funds
Benefits and Requirements: Visa-free travel across Schengen region
No minimum stay requirement
Medical insurance for self and family required
Clean criminal record necessary
Application fee €2,000 for property owners, €150 per family member
Statistics and Citizenship: Over 31,000 permits granted as of 2023
Most applicants from China (7,186), Turkey (912), Russia (756)
Citizenship possible after seven years of residency
Tax benefits available for non-residents
Property must remain in full ownership for renewal