schengen countries to explore
minimum requirement
months processing time
The Greece Golden Visa program is, notably, one of the lowest-cost residence routes within the European Union (EU). This Greek investment visa is also particularly appealing if you want to enjoy visa-free travel throughout the European Schengen Area.
Read moreThe Golden Visa can be acquired through a secure real estate investment. Furthermore, the asset can be income generating. The Greece Golden Visa is a family-friendly program. Plus, there is no minimum stay requirement.
To qualify for the Greece Golden Visa Program, you must fulfill one of the following investment options AND meet other requirements:
Purchase a minimum €250,000 commercial or industrial real estate unit converted to residential use. Alternatively, make an investment of the same amount for a refurbished or restored individual real estate unit.
Buy a property with minimum 120m² surface area for at least €800,000 in Attica, Thessaloniki, Mykonos, Santorini, and Greek islands with a 3,100+ population. The real estate threshold reduces to €400,00 in other areas.
As a Greek Golden Visa Program applicant, you must have medical insurance to cover your stay in Greece and also produce relevant certificates to show you share kinship with your dependents. In addition, you must hold on to your property or real estate investment.
The permit is valid for five years and offers renewable permanent residence as well. Plus, you can take advantage of access to Greece’s public education system.
The Latitude Group is a global leader in Residence and Citizenship by Investment. Our IMC-certified professionals are specialists in cross jurisdictional citizenship and residence planning. Moreover, we have more collective invesment migration industry experience than any other international firm.
The Latitude Group is a global leader in Residence and Citizenship by Investment. Our IMC-certified professionals are specialists in cross jurisdictional citizenship and residence planning. Moreover, we have more collective invesment migration industry experience than any other international firm.
We commence our process, appropriately enough, with Form 1. This enables us to carry out the initial Latitude due diligence. Following the successful screening, we will then provide you with a Client Agreement (CA) to review and sign.
Upon receiving the signed agreement and retainer payment, our case processing team will next complete all necessary government forms and supporting documents. You will also need to execute a sales and purchase agreement with the developer. However, we will liaise with the property developer and the Hellenic Republic Ministry of Migration and Asylum on your behalf.
Before submitting your documents, we first comprehensively review your application to ensure your file complies with the Ministry of Migration and Asylum's requirements. Our case processing team will then complete its final checks before submitting the relevant forms.
The Ministry will also undertake its own due diligence and reviews all the paperwork. Yet we will continue to work closely with them throughout the process to ensure they timely and efficiently process your application. After applying, the Ministry of Migration and Asylum will also issue a receipt. As a result, you can use this as a temporary residence permit while awaiting the application decision.
The Ministry will assess your application, and upon approval, you must make all necessary contributions. You must also pay any applicable government fees. Then you and your family will receive the relevant residence certificates.
Much of life as most of the world knows derives from Ancient Greece, which, famously, is the birthplace of democracy and Western philosophy. With this Residence by Investment, you’ll gain access to the vibrant historical capital, Athens. Then there are thousands of sun-drenched Mediterranean Islands.
Greece is a democratic and developed country. It also has an advanced economy and a very high standard of living.
Athens provides Greek residents with access to both international business and travel opportunities. With the additional benefit of visa-free travel through the European Union (EU) Schengen Area, it’s an extremely popular option for entrepreneurs like you.
You can also extend the Golden Visa investment to include family members. This includes:
• A spouse or, indeed, a partner
• Children under the age of 21 at the time of application who remain valid until they reach 24
• Dependant parents of you or your spouse
By including family members in your Greek Golden Visa application, you are allowing them access to visa-free travel within the European Schengen Area.
The minimum investment required to gain Greek Residence by Investment is €250,000. This is made by purchasing real estate and, importantly, must be held for the duration of the five-year residency.
You will receive a permanent residence permit that is valid for five years. Then, you can renew your residence indefinitely.
Yes, you can. You can earn passive income by renting out your property short term or long term.
Yes. You will pay tax on the income you generate in Greece. This means you are taxed on your rental income. You will pay 15% tax on annual earnings up to €12,000. That increases to 35% on yearly earnings between €12,001 and €35,000. You will be taxed at 45% if you earn over €35,001 a year.
The Latitude Group is a global leader in Residence and Citizenship by Investment. Our IMC-certified professionals are specialists in cross jurisdictional citizenship and residence planning. Moreover, we have more collective invesment migration industry experience than any other international firm.
6-12 months application processing time
29 schengen countries
Low minimum presence required