The Greek golden visa scheme, which began in July 2013, provides a five-year resident permit in exchange for a real estate investment. There is no minimum stay requirement, and children up to 21 are eligible to apply as part of a family. The visa is valid for five years and can be renewed for another five years if the property investment is maintained. Thus, it is not essential to live in the nation to keep and renew the investment visa. Citizenship, on the other hand, may only be conferred after seven years of residency.

In Greece, real estate investors must also account for extra real estate taxes ranging from 3% to 24%. At €250,000 plus taxes and fees (a little more than €300,000 in total), this scheme provides the most affordable residence in Europe. The Greek residency program is quite quick, requiring about 40 days to obtain a residence card. There are also family rules that benefit dependents. Additional information about the investor visa in Greece may be found here, or you can contact us for more information.