Golden visa Greece 2024 + terms and fees

Golden Visa Greece (Greece Golden Visa) One of the best ways and an attractive option to immigrate and obtain residency in Greece through Investment is This program is very suitable for non-EU citizens. Also, Greece is a country that accepts immigration, and by obtaining a passport of this country, you can travel to 160 other countries in the world. In this article of Migraha magazine, we discuss this issue completely.

Introducing Golden Visa Greece

Golden Visa Greece is an investment program in this country that has been launched since 2013 and allows citizens and foreign nationals to obtain European residency by investing in real estate and other assets in Greece. It is also one of the ways to immigrate to Greece.

This program allows eligible investors to obtain a 5-year renewable residence permit. To apply for a Greek visa, you must invest in one of three options: real estate, securities or bank deposits, and the minimum required capital is 250,000 euros. is Applicants do not have to reside in Greece for the entire time and are allowed to stay as long as they maintain their initial capital.

The golden visa of Greece is like a launching pad to obtain the citizenship of the European country of Greece. Also, having a golden visa allows investors to stay in the country for 7 years, after which they are eligible to receive citizenship and permanent residence. Investors can also apply for permanent residence of their family and dependents through this visa.

Quoted from henleyglobal.com:

Important Update – Greece Golden Visa Program Price Increasing Soon.
The cost of the Greece Golden Visa Program is set to rise from the current minimum investment of EUR 250,000 to a minimum of EUR 400,000.
Investors may still apply under the current EUR 250,000 minimum threshold, provided they pay a 10% deposit by 31 August 2024, and finalize the investment by 31 December 2024.

Important Update – The price of the Greece Golden Visa program will increase soon.
The fee for the Greek Golden Visa program is set to increase from the current minimum investment of €250,000 to a minimum of €400,000.
Investors can still apply under the current minimum threshold of €250,000, provided they pay a 10% deposit by August 31, 2024 and finalize the investment by December 31, 2024.

Benefits of Golden Visa Greece

Receiving this visa will bring many benefits for investors and their families, the most important of which we have described.

• Path to obtain citizenship: After 7 years of continuous residence in Greece, investors can apply for citizenship of this country.
• Visa-free travel to Schengen countries: Golden Visa allows investors to travel without a visa to 27 member countries of the Schengen area and stay up to 90 days out of 180 days.
• Investment opportunities: In a situation where the market situation is booming, investors can get a lot of profit from their initial capital, such as an increase in the value of real estate.
• Immigration to Greece: Golden visa holders are allowed to visit and stay in this country at any time, even when the borders are closed to tourists.
• Tax optimization: The investor only pays a fixed tax on his global income of about 100,000 euros per year and can take advantage of tax benefits.
• High quality of life: By obtaining a Greek visa, investors can become citizens of Greece and use all the benefits of this sunny and Mediterranean country.
• Family inclusion: The investor can apply for his wife and children under 21 years old and his parents and get a residence permit for them.
• EU citizenship in 7 years: The golden visa is valid for 5 years and can be extended indefinitely, and after spending 183 days a year in Greece for 7 years, they can receive the citizenship of this country.
• Wider business opportunities: Greek Golden Visa holders can expand their business and work opportunities to the 27 countries of the Schengen area and create a wider career network.
• Access to healthcare and education: Residents of Greece can receive treatment or study in this country and use their right to visit clinics and take short courses in Schengen countries.

Read more: Greek study visa (conditions and fees for studying in Greece 2024)

Investor conditions for obtaining Greek Golden Visa

In order to receive a golden Greek visa, you must meet the following criteria:

• Be a non-EU/EEA citizen.
• Have a valid passport.
• Be at least 18 years old.
• Do not have a criminal record.
• Have valid health insurance for yourself and your family.
• Proof of financial ability and favorable financial status for investment
• Proof of ability of yourself and your family during your stay in Greece

Investor’s Dependents Requirements for Greek Golden Visa

As we said, the investor can also apply for a visa for his family if they fall into one of the following categories:

1. Be the spouse of the applicant.
2. A partner with whom the investor has signed a registered partnership agreement in Greece or with a competent Greek consular authority.
3. Children under 21 years old
4. Unmarried children under the age of 21 who have legal guardianship with the applicant.
5. First-class people without intermediaries, applicants, spouses or partners, parents.

Read more: Greek tourist visa, types of Greek tourist visa

Documents required for Greek Golden Visa

Applicants to apply for a Greek golden visa and to renew this visa must complete the required documents and submit them to the authorities so that their application can be reviewed and approved. The required documents include the following:

• Valid passport with at least 12 months validity
• Completing application forms from the Greek Ministry of Immigration and Asylum
• New passport size digital color photo
• Valid health insurance card
• The applicant must provide his/her biometric data such as fingerprints and digital photographs for the application.
• Payment of processing and printing costs
• No criminal record and bad background
• Resume for each family member upon request

Greece golden visa fee

To start your investment, the minimum amount you can invest is about 250,000 euros. The cost of this application is 2000 euros, for your family members and parents you have to pay an additional 150 euros per person. Also, children under 18 are exempt from paying this fee. To issue an electronic residence permit, you need to pay 16 euros for each card.

Golden Visa Greece investment options

The Greece Golden Visa program offers many options and ways to invest. These include the construction of new facilities, the development of current projects, the purchase of property, etc., which we have fully explained. All these investments should lead to the growth of the national economy of this country.

• Investment in real estate worth at least €250,000 or €500,000 in selected Greek cities.
• Signing a contract with a hospitality institution such as a hotel, restaurant, etc. worth at least 250,000 euros and valid for at least 10 years.
• Investment of 400,000 euros in an alternative investment fund in Greece or another country in the European Union that invests in permanent real estate in Greece.
• Investment of at least 400,000 euros in Greek government bonds through a credit institution based in Greece.
• Investing about 400,000 euros in the purchase of shares in the capital increase process or bonds that can be traded in the official Greek markets.
• Investment of €400,000 in mutual funds in Greece and other countries, which must be in corporate bonds, stocks or government bonds.
• Invest up to €800,000 in government-corporate bonds or trade in legal markets or multilateral trading mechanisms based in Greece.

Greece golden visa application process

To obtain a Greek Golden Visa, you must go through the steps correctly and carefully. The process of applying for this visa is as follows:

1. Obtaining a national visa (Type D): Applicants who do not have the right to reside in EU countries, if necessary, must apply for a national visa (Type D) for investment, which is valid for up to one year.
2. Completion of all required documents: These documents include all identification and identity information and information related to the investment project, and these documents must be approved by a government official.
3. Application delivery: The completed form must be submitted according to the instructions of the host country before the expiry of the validity of your national visa.
4. Payment of expenses: Applicants must pay all processing and printing fees in full.
5. Investing: The investment method is determined by the investor or applicant, which must be in accordance with the instructions of the Golden Visa program.
6. Receive decision and approval: If the golden visa application is approved, the applicant will receive an electronic residence permit that can be extended to stay in Greece for 5 years.