GOLDEN VISA
Launched in 2013, the Greek Golden Visa Program offers non-EU citizens and their families a unique opportunity to obtain a five-year residency through real estate investment. Successful applicants receive a renewable Greece Residence Permit, granting them the freedom to enjoy longer stays and explore life in Greece with ease.
Processing Time
The average processing time to obtain Greece Residence Permit is 3-6 Months.
Greece residency allows visa-free access to 33 European countries, including those in the Schengen Zone.
Real Estate Investment
Applicants must invest a minimum of €250,000 in real estate to obtain the Greek Golden Visa.
Spouses and children below 21 years old. Parents and Parents-in-Law may qualify as well.
NXTCitizenship achieves outstanding success rates through extensive experience and strong relationships with government authorities. Each year, we support hundreds of individuals and families in obtaining second residency or citizenship through investment. Our team has successfully assisted clients from more than 85 countries worldwide. Most importantly, we believe in building lasting ‘client-advisor’ partnerships and remain committed to our clients for life.
Residing in Greece is not a required.
An interview or language proficiency test is not required.
There is no requirement for education or management experience.
Residency permit is valid for 5 years and is renewable for an indefinite number of times.
The Greek Golden Visa offers visa-free travel to 33 European countries, including those in the Schengen Area without further documentation or visas.
The program also allows you to stay in any other Schengen country for up to three months every six months, with the right to multiple entries.
Holding the Greek residency by investment for seven years qualifies you to apply for citizenship.
Opportunity to generate strong returns through property rental income.
Non-residents are not subject to income tax in Greece, except for rental income generated from the property in Greece.
Irrevocable European Citizenship and passport after 7 years of receiving a taxable income in Greece and subject to proving a strong bond with the country & passing specific tests such as the Greek Citizenship Test which covers Greek language, politics, history and culture.
The Greek residency permit allows visa-free travel to 33 European countries, including those in the Schengen Area.
33
COUNTRIES
Investment Security
To be eligible for Greek residency, the Government requires applicants to invest in approved categories of residential real estate. NXTCitizenship provides access to a curated inventory of vetted projects, ensuring that all necessary permits are secured and applicants meet program requirements. This portfolio is regularly updated with new opportunities and availability. Investors must complete their property purchase before submitting a residency application.
Applicants must fulfil one of two main investment options, renting or purchasing property in Malta and making some mandatory contributions to qualify for this program.
Real Estate Investment
Effective September 1st 2024, the Greece Government has specified in Article 100 of Law 5038/2023 as amended by the new modification in March the following investment categories for residential real estate to qualify for Greek Golden Visa.
CATEGORY 1
Properties located in the regions of Attica, which includes Athens and Piraeus, Thessaloniki, Central Macedonia, Mykonos, and Thira in the South Aegean Region including Santorini, as well as islands with a population exceeding 3,100.
EUR 800,000
CATEGORY 2
Properties in all other regions of Greece, excluding those listed in Category 1.
EUR 400,000
CATEGORY 3
Industrial buildings or parts thereof where no industry has operated there for at least five years and the property is converted into residential use OR listed buildings or parts of listed buildings that are to be restored or reconstructed.
EUR 250,000
Capital Transfer Investments
There are government fees to pay in addition to acquiring real estate.
OTHER COSTS
Along with the required investment, there are additional costs associated with the Greece Residency by Investment Program. These include Citizenship Invest’s professional fees, document certification fees (where applicable), courier charges, and other minor disbursements. For more details, please get in touch with us.
Main Applicant
EUR 2,016
All applicants 16 years and above
EUR 166
All applicants below 16 years
EUR 16
Applicable to all investment options
Malta has one of the most comprehensive due diligence procedures in the industry for its residency by investment program. The robust due diligence procedure is critical to protecting the residency program’s integrity while also signaling to potential investors that they are dealing with a serious and reputable jurisdiction
Application Fee For The Main Applicant
5,000 EUR
Each Dependent Child/Spouse
1,000 EUR
Each Dependent Parent/Grand Parent
7,500 EUR
Processing Fee
1,000 EUR
Due Diligence Fees For The Main Applicant
7,500 EUR
Due Diligence Fees For Each Dependent
5,000 EUR
Week
Retainer Agreement and Property Selection
Your first two weeks of obtaining the Residency with Citizenship Invest (CI) involves the following:
Sign CI Retainer Agreement and make the first payment of CI Professional Fees.
Select a property in Greece (can be done remotely). Once property is selected, CI will prepare the property purchase documentation required for the Residency application.
Week
Property Purchase and Residency Documentation Submission
Once the required property purchase documents are ready, applicants to transfer the funds for the property purchase and taxes.
CI will submit the residency documentation to the government. Applicants must pay Government Fees and Application Processing Fees at this point.
Additionally, CI Professional Fees for file submission is also payable.
Months
Residency Permit Approval and Issuance
Residence approval is issued.
Clients must travel to Greece to have their biometrics taken.
Client to pay final CI Professional Fees before issuance of the residence permit.
CI will courier your residency cards to your address.