Residency & Visa
RESIDENCY & VISA
Frequently Asked Questions
If you are an EU citizen, you’ll need to register for a permanent residence permit for EU citizens if you intend to spend more than 90 days in any 180-day period in Greece.
You could qualify through one of the many favorable tax programs available here.
“Citizenship by Descent” is when your ancestors qualify you for a second citizenship. See if you qualify for full-fledged citizenship before committing to any visa or residency program.
What is the Greece Golden Visa?
A convenient way to acquire permanent residency in Greece.
In 2013, Greece launched a Golden Visa scheme designed to lure foreign investors. Non-EU expats are encouraged to take advantage of fast-tracked residency in exchange for financial investment.
Why is the Greece Golden Visa scheme so popular?
It is one of the most coveted, competitive, and affordable residency-by-investment visa schemes in the EU for third-country nationals because of its favorable and flexible terms.
The threshold investment options are lower than in most other EU countries with Golden Visa routes. No other EU visa scheme boasts a minimal investment requirement of €250,000.
Fast-track procedures ensure issuance within three months. The investor is granted immediate five-year residency which can ultimately lead to citizenship, and he may be accompanied by the members of his/her family. There is no tax on income abroad, and the residence permit is renewable every five years. Unlike most other countries, there is no requirement for the holder to live in the country.
For more information, see our Golden Visa FAQ
To date, 28,767 people have benefitted from the Greek Golden Visa scheme (Data Source: Ministry of Migration & Asylum 31.12.2021)
TYPE-D VISA (or NATIONAL VISA)
What is the Type-D Visa?
If you are a third-country financially independent person (FIP), you can obtain a Type-D Visa valid for up to 12 months. At the end of this period, you may apply to extend the visa for two more years in the form of a residence permit for a FIP.
You must provide evidence of sufficient resources in way of a stable income to cover your living expenses without burdening the national social welfare system. The net amount is set at €2000 (+20% for your spouse and +15% for each child up to the age of 18).
If you continue to maintain sufficient resources, your residence permit can be renewed every three years thereafter.
DIGITAL NOMAD VISA
What is the Digital Nomad Visa?
If you are a third-country national who wishes to work remotely from Greece, you can obtain a Digital Nomad Visa valid for 12 months. Thereafter, the visa may be renewed every two years in the form of a residence permit.
You must be self-employed, or a salaried employee, working remotely using information and communication technologies, with clients or employers outside Greece.
You must provide evidence of sufficient resources in way of a stable income to cover your living expenses without burdening the national social welfare system. The net amount is set at €3500 (+20% for your spouse and +15% for each child up to the age of 18).
The Digital Nomad Visa is a fast-track process, to be concluded within 10 days. You must apply before you arrive in Greece, through the Greek Embassy or Consular Section in your country of residence.
If you have already entered Greece under another type of visa or through a visa waiver regime, you may apply for a Digital Nomad residence permit within the validity period of your existing visa. The application can be made at the one-stop service of the Greek Ministry of Migration and Asylum.
You may exit and enter Greece as you like but must not be absent for more than six months cumulatively.
Frequently Asked Questions
To qualify, you must make one of the following investments through own funds:
Make a €400,000 capital contribution investment in a company registered in Greece.
Make a €400,000 investment in Greek Treasury bonds through a credit institution established in Greece, with a residual duration of at least three years at the time of purchase.
Make a €400,000 term deposit in a domestic credit institution, for at least one year, with a standing renewal order.
Purchase shares worth €400,000 in a mutual fund, which has been established in Greece or another country, and whose object is to invest exclusively in shares, corporate bonds or Greek Treasury bonds that are listed for trading or traded in regulated markets or multilateral trading facilities operating in Greece.
Purchase shares worth €400,000 in an Alternative Investment Fund (AIF) which has been established in Greece, or another Member State of the EU, and whose object is to invest exclusively in real estate in Greece, provided it is included, upon its request, in the list compiled by the Foreign Funds Directorate of the Ministry of Development and Investment in cooperation with the Hellenic Capital Market Commission.
The investment must be paid for in full upon the signing of the respective contract.
There is no limit to the amount or to the value of the assets you wish to invest in.
If you invest in real estate, you may purchase either residential or commercial property (or both).
Yes, you may invest in multiple properties of a lesser value, given that the minimum threshold of €250,000 is reached.
Yes, you may invest in land only, given that the minimum threshold of €250,000 is reached. If you wish to build on your land, you must apply for a building permit. Our experienced team of engineers, architects, and designers are here to help you.
Yes, you can qualify if you invest as an individual or via a legal entity of which you hold all corporate shares, or if you purchase a real estate property via a legal entity of which you have full ownership.
Yes. You can extend the visa to include your immediate family members, like your spouse, (unmarried) children under 21 years of age, and dependent parents of either yourself or your spouse. If your child is over the age of 21, but no older than 24, and they are a student, they may also be included in the Golden Visa application.
Also, you may include a partner that you have a cohabitation agreement with in Greece.
Family members and partners are each issued an individual residence permit which expires together with the residence permit of the sponsor.
You can include your spouse. For example, if you jointly purchase a real estate property with a value of at least €250,000 and the shares are indivisible, the right of residence is granted to both of you. You will each receive an individual residence permit.
In all other cases of joint ownership, the right of residence is granted only if the joint ownership rate of each joint owner is worth €250,000 or more.
Yes, your residence permit grants you travel to and between all 26 member countries of the Schengen Area in the same unrestricted way as Greek nationals:
EU Members: Austria, Belgium, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden.
Associate Members: Iceland, Liechtenstein, Norway, Switzerland.
It is issued for five years and can be renewed for an equal period, each time, provided the real estate property is still in your full ownership, or that you maintain your status in relation to another investment.
Family members, whose residence permits expire concurrently with that of the main investor, are also granted a renewal.
No. There is no minimum stay. You do not need to live in Greece for any duration in order to retain or renew your residence permit. You may even choose to rent your freehold property and see a return on your investment.
Yes, eventually. If you and your family members choose to live in Greece, you can ultimately apply for Greek citizenship after seven years of continuous residence (183+ days a year). You will need to have a basic knowledge of the Greek language, and of Greek history and culture, in order to pass your citizenship exam. A Greek passport will enable you to have visa-free or visa-on-arrival access to 186 countries and territories (Data Source: Henley Passport Index, April 2021).
No. The Greece Golden Visa scheme does not provide access to any form of employment in Greece. You have access only to the exercise of the specific investment activity for which you have received your residence permit.
Yes, all residence permit holders share the same health and social care rights as Greek nationals. Your family will have access to the National Health System (ESY).
Yes, all residence permit holders share the same educational rights as Greek nationals. Your children will have access to state schools and universities. If they wish, they can choose to attend a private school or university.
You must file an annual tax report.
If you are earning an income in Greece, you must pay income tax.
If you own a property in Greece, you must pay an annual property tax.
No, investors in the Golden Visa scheme do not pay tax on income abroad.
You may sell your property at any time, but in doing so you are giving up your right of residency. Your residence permit will be withdrawn. If you sell it to a non-EU third-country national, he will benefit from the scheme and be granted a residence permit.
No. You can apply for a residence permit remotely. You will need to sign a Power of Attorney for the appointment of a proxy before a Greek Consular authority. From there on, you must enter Greece within 12 months of the date of the application confirmation receipt in order to submit your biometric data.
If you are applying via the purchase of real estate, EIG can give you a virtual tour of some selected properties based on your location criteria and budget.
The easiest way to apply is to hire professional assistance. EIG is one of the leading companies in this field. We are a one-stop shop, your single point of contact. We’ll see you through the entire process, step by step.
Save your time, and don’t get caught up in a bureaucratic web. Sometimes, dealing with the public sector authorities can be complicated, especially if you don’t speak Greek.
Our team of adept individuals undertake all the tedious dealings with the tax authorities, the social security services, the banks, the Land Registry, the local Alien & Immigration Department, etc.
We do everything in a timely manner.
Express your interest to us and we’ll get in touch for a free consultation and answer your queries. We’ll discuss your options and offer advice. If you have a clear outline of your investment and relocation criteria – budget and location – our team of real estate professionals will pre-select several properties for viewing based on the information provided.
When you’re ready, pay us a visit*. We can follow a pre-planned itinerary to view the properties. We’ll take care of any domestic travel arrangements.
If you like a property, make an offer. If not, we continue our search.
Give us an outline of your relocation plan.
We pre-select several properties based on your budget and location criteria. *
Visit us to view the properties on a pre-planned itinerary.
Make an offer or view more properties.
* Remote viewings can also be arranged.
* If a property is in need of renovation or repairs, we can provide a cost-assessment for you.
We make a cost analysis for you (see next question) before an agreement is signed. Then we follow the legal steps:
At this point, our team of real estate attorneys and lawyers take over. They will perform due diligence, and ensure your interests are protected.
A title search will be conducted at the Registry of Mortgages, and checks will be made for any irregularities.
A notary public will prepare the contract deed, and you will settle the remaining balance to finalise the purchase.
4 recent passport photos.
Certified copy of your valid passport.
Proof of your investment.
Proof that you and your family have obtained health insurance from a company operating in Greece.
Proof that the relevant government fees have been paid.
Copy of the health booklet of the competent social security body.
We’ll prepare your file and submit your application at the Alien & Immigration Department.
The documents must be in Greek. If necessary, we’ll have them officially translated for you at the Ministry of foreign Affairs or by an attorney.
The documents must either have an Apostille Stamp by the relevant foreign authority (Hague Convention countries) or be certified by the Greek Consulate in the document’s country of origin (non-Hague Convention countries).
• Solemn declaration confirming that the investment activity is ongoing.
• Certificate of tax clearance.
• Business operation licence.
Your application is usually processed within three months. Then you must revisit Greece, within 12 months of the date of the application confirmation receipt, in order to submit your biometric data.
Thereafter, you will receive your Golden Visa residence permit, initially valid for five years and subject to renewal.
Yes, if your country has a Double Taxation Agreement (DTA) with Greece. You must transfer your tax residency to Greece and spend a minimum of 183 days in Greece each year. See more tax incentives here.