Greece
Residency by Investment Program
About the program
The Greece Residency by Investment program was introduced by the government in 2013. Applicants are granted a five-year residency which can be renewed every five years. The program offers a straightforward residency route, with no stay requirement.
To be able to apply for this program, you should be at least 18 years of age, in good health, and without a criminal record.
In addition, you are required to make a purchase, lease or timeshare investment in real estate.
Investment Options
Real estate: EUR 250,000
Applicants need to purchase a property anywhere in Greece to be eligible to apply.
Additional Costs
In addition to the purchase of real estate, there are additional fees to be paid:
Legal fee for purchase: 1% plus VAT
Legal fee for RPs: EUR 3,500 per family plus VAT
Notary contract: 1,2%
Land Registry: 0,5% (approximate)
Transfer tax: 3,09%
Government RP fee: EUR 500 per adult
Benefits
The benefits of obtaining residency in Greece, among others, include becoming a permanent resident or citizen of Greece after five years as a temporary resident. Additionally, living and work in Greece freely; including family members, such as spouse or partner, dependent children and dependent parents in the same application and extending the benefits to them plus visa-free travel within the Schengen member states.