Schengen Access from €250K — Greece Golden Visa with Real Estate
Officially: Greece Golden Visa
Greece · Southern Europe, Europe · Passport Rank #19
Europe's most affordable golden visa. Real estate from €250K with Schengen access and no stay requirement.
Overview
The Greece Golden Visa program offers non-EU nationals a 5-year renewable residence permit through real estate investment. Starting at €250,000 for properties outside major metropolitan areas (increased to €800,000 for Athens, Thessaloniki, and popular islands since 2024), it provides one of the most affordable entry points to EU residency. The program requires no minimum physical presence, making it attractive for investors seeking Schengen access without relocation obligations. Greek citizenship can be obtained after 7 years of legal residency.
Score Breakdown
How this program rates across 6 key dimensions
Investment Options
3 qualifying investment routes available
Real Estate (Outside Athens/Thessaloniki)
Real estate purchase in areas outside the main metropolitan regions.
Real Estate (Athens, Thessaloniki, Islands)
Real estate purchase in Athens, Thessaloniki, Mykonos, Santorini, and other high-demand areas.
Investment Funds
Investment in Greek mutual funds or alternative investment funds.
Cost Calculator
Estimate the total cost of your application
Estimates based on minimum amounts. Actual costs may vary depending on your specific situation and chosen advisors.
Eligibility Requirements
You must meet all of the following criteria to apply
- Non-EU/EEA citizen aged 18 or over
- Clean criminal record
- Valid passport or travel document
- Proof of qualifying investment in Greece
- Valid health insurance covering Greece
- Sufficient financial means to support yourself
- No entry ban in the Schengen Information System
Documents Required
Prepare these documents before starting your application
Key Requirements & Benefits
Application Timeline
Typical process from start to finish
Research & Prepare
1-2 monthsGather documents, choose investment option, and select an authorized agent.
Submit Application
1 monthFile your application with all required documents and pay government fees.
Due Diligence
2-4 monthsBackground checks and application review by government authorities.
Receive Approval
+ 7 yearsReceive your residency permit. Eligible for citizenship after 7 years.
Advantages
- Lowest real estate entry point in EU (€250K outside major cities)
- No minimum stay requirement
- Path to EU citizenship after 7 years
- Strong rental yields in tourist areas
- Schengen Area access
- Fast processing (2-4 months)
- Beautiful Mediterranean lifestyle
Considerations
- Athens/island prices increased to €800K in 2024
- 7 years to citizenship (longer than Portugal)
- No work rights with golden visa alone
- Greek bureaucracy can be challenging
- Standard tax rates apply to Greek-source income
Greece Passport - Visa Access
What you get with a Greece passport (Rank #19)
Frequently Asked Questions
How much does the Greece Golden Visa cost?
The minimum investment for the Greece Golden Visa is €250,000 (approximately $270,000). There are 3 investment options available, with amounts varying by option. Additional costs include government fees, due diligence fees, and legal/advisory fees.
How long does the Greece Golden Visa take to process?
Processing time for the Greece Golden Visa is typically 2-4 months from submission. Total timeline including preparation and document gathering is usually 4-7 months.
Does the Greece Golden Visa lead to citizenship?
Yes, the Greece Golden Visa offers a path to citizenship after 7 years of residency. There is minimal physical presence requirement.
Can I include my family in the Greece Golden Visa?
Yes, the Greece Golden Visa allows you to include family members in your application. Spouse, children under 21, parents of both applicant and spouse.
What are the tax implications of the Greece Golden Visa?
The Greece Golden Visa operates under a standard tax regime. Standard tax rules apply to residents. We recommend consulting a tax advisor for your specific situation.
How strong is the Greece passport?
The Greece passport is ranked #19 worldwide with a mobility score of 156. It provides visa-free or visa-on-arrival access to 145 destinations, plus eTA access to 11 more countries.
Investment
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Disclaimer: The information on this page is provided for educational and informational purposes only and does not constitute legal, financial, or immigration advice. Program terms, fees, and requirements may change without notice. Always consult qualified legal and financial professionals before making any investment or immigration decisions. PassportChoice is not affiliated with any government or immigration authority.