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Golden Visa
The Golden Visa is a program that provides residence permits to third-country nationals who make investments in Greece. It is intended for those who wish to obtain permanent residence in Greece through financial or other significant investments.
Requirements for the Golden Visa in 2025:
- Real Estate: The minimum required property value for obtaining a Golden Visa is €400,000 in areas with lower demand and can reach €800,000 for high-demand areas such as Athens, Thessaloniki, and the islands of Mykonos and Santorini.
- Duration of Residence Permit: The residence permit is granted for 5 years and is renewed as long as the investment payment continues.
- Eligible Applicants: The program covers the applicant, their spouse, dependent children (up to 21 years old), and their parents.
Advantages:
- Free Movement in the Schengen Area: Golden Visa holders can travel visa-free to countries within the Schengen Area.
- No Residence Requirement in Greece: It is not mandatory to live in Greece to maintain the Golden Visa.
- Naturalization: Application for Greek citizenship can be submitted after 7 years of residence in Greece.
Frequently Asked Questions about the Golden Visa
1. What is the minimum investment required to obtain a Golden Visa in Greece?
The minimum required investment to obtain a Golden Visa is €250,000 for purchasing real estate in areas with lower demand. However, in high-demand areas such as Athens or the islands of Mykonos and Santorini, the investment can reach €500,000.
2. How long does it take to obtain the Golden Visa?
The process of granting the Golden Visa usually takes 2 to 3 months. After the application is approved, the residence permit is granted for 5 years and can be renewed as long as the investment continues.
3. Can I bring my family with the Golden Visa?
Yes, the Golden Visa covers the applicant, the spouse, and dependent children (up to 21 years old). You can bring your family to Greece and live together in the EU without restrictions.