Choose the city that suits you best and experience all the benefits of living in Greece.
Greek home prices in urban areas of Greece experienced a significant surge in 2023, increasing
by 14.14% in the year leading up to Q2 2023. This growth followed a series of consecutive year-
on-year increases: 15.32% in Q1 2023, 14.75% in Q4 2022, 12.77% in Q3 2022, 11% in Q2 2022,
and 10.6% in Q1 2022.
Notably, the first half of 2023 marked the Greek housing market’s strongest performance in the
past two decades. This trend has continued into 2024.
Greece’s economy was rated as the best performing in 2023 by The Economist. Greece stands apart from other countries for its sharp growth in the real value of the stock market which rose by 43.8% in 2023.
Compared to many other European countries, Greece offers a relatively affordable cost of living. Housing, transportation, and daily expenses can be more budget-friendly, allowing you to enjoy a comfortable lifestyle without breaking the bank.
Greece benefits from a Mediterranean climate, characterized by mild winters and hot, sunny summers. The pleasant weather allows for a relaxed outdoor lifestyle, with plenty of opportunities for outdoor activities and al fresco dining.
Greece is renowned for its ancient history and contributions to art, philosophy, and democracy. Living in Greece allows you to immerse yourself in a culture that dates back thousands of years, with numerous historical sites and museums to explore.
Greece is blessed with breathtaking natural landscapes. From the stunning beaches and crystal- clear waters of the Greek islands to the rugged mountains, lush forests, and picturesque countryside, there is no shortage of natural beauty to enjoy.
Greece is strategically located, making it a gateway to both Europe and the Mediterranean region. Living in Greece provides the opportunity to easily travel to other European countries and explore different cultures and destinations.
Greek cuisine is renowned for its emphasis on fresh, locally sourced ingredients such as olive oil, vegetables, fish, and yogurt. The Mediterranean diet is recognized as one of the healthiest in the world, contributing to a high quality of life and longevity.
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Minimum Real Estate Investment of 250,000 EUR (please use EUR Sign)
Capital transfer
A sum of at least EUR 400,000 must be placed in a term deposit at a domestic Greek credit institution for a minimum duration of one year, with an automatic renewal instruction.
Capital contribution
A minimum amount of EUR 400,000 must be contributed to a company registered or established in Greece.
Shares, bonds, and/or government bonds
The purchase of Greek government bonds worth at least EUR 400,000 is required. These bonds must have a remaining maturity of at least three years at the time of purchase. The transaction must be conducted through a Greek credit institution, which will also serve as the custodian for these bonds.
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Capital contribution to a real estate fund that will invest solely in Greece
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Purchase of shares of corporate bonds in Greek companies with a minimum value of EUR
800,000
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Purchase of a minimum 3 year Greece Government Bond
Greece Golden Visa | Portugal Golden Visa | Malta Golden Visa | |
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Investment Criteria | A minimum of €250k investment into property. | €500k into non-property based investments | Between €700k and €850k expenditure, comprised of donations and other fees for Passport. |
Residency Requirements | Once every 5 years to renew biometric ID card. | 7 days per year. | No minimum stay requirements |
Language Test Required for Passport | Must attain Upper Intermediate Greek Language proficiency | Beginner, A2 Government Test, courses available globally. Straightforward to attain. | Not required for passport or permanent residency. |
Visits to Country Needed to get initial Residency | One | One | One |
The Greece Golden Visa program is an investment-based residency program that grants residency permits to non-European Union citizens and their families who invest in Greek real estate.
The main investment option is purchasing real estate property in Greece with a minimum value of €250,000. Other options include investing in Greek bonds, establishing a business, or acquiring shares in a Greek company.
The Golden Visa program in Greece does not immediately lead to Greek citizenship. However, after living in Greece for a certain period of time and meeting specific requirements, it is possible to apply for Greek citizenship through naturalization.
Yes, the Greece Golden Visa program allows for the inclusion of the investor’s spouse, children under the age of 21, and the investor’s parents.
The Greece Golden Visa provides several benefits, including the right to establish a business in Greece, access to healthcare and education, the ability to travel freely within the Schengen Area, and the potential for future citizenship.
The Greece Golden Visa program does not have strict residency requirements. Investors are only required to visit Greece at least once every five years to maintain their residency status.
Yes, investors can rent out the purchased real estate property in Greece to generate income. There are no restrictions on renting out the property.
Yes, the property investment can be financed through a loan or mortgage. However, the minimum investment amount of €250,000 must be made with the investor’s own funds.
The Greece Golden Visa can be revoked if the investor fails to comply with the program’s requirements, such as maintaining the property investment for the specified period or committing illegal activities.
Yes, the Greece Golden Visa can be extended or renewed as long as the investor continues to meet the program’s requirements, such as maintaining the property investment and fulfilling any applicable residency obligations.
The Greece Golden Visa program offers a pathway to residency for non-European Union citizens through real estate investment.
By investing a minimum of €250,000 in Greek real estate, individuals and their families can obtain a residency permit that allows them to live and study in Greece.
The program provides numerous benefits, including access to healthcare and education, as well as the freedom to travel within the Schengen Area.
Greece’s rich history, natural beauty, andMediterranean lifestyle make it an appealing destination for those seeking to establish a new home or explore investment opportunities in Europe.
The Greece Golden Visa program stands as one of the most enticing residency schemes worldwide, with an impressive track record of successful applications since its inception. Its appeal continues to grow, as the government demonstrates a steadfast commitment to its continuation and expansion. The program has captivated individuals seeking a new beginning, as well as garnering immense popularity among the local society.
This investment-based program has not only attracted significant foreign direct investment but has also revitalised the Greek economy, contributing to its emergence as one of the fastest-growing economies in Europe. Greece offers exceptional opportunities for investment and is well-positioned to become a thriving hub in the Mediterranean.
When compared to other options, Greece shines as a beacon of opportunity, offering the potential for excellent returns on investment. The allure lies not only in its favourable economic climate but also in its seamless integration into the Eurozone, providing investors with access to one of the most stable and desirable lifestyle environments in the world.
What sets the Greece Golden Visa program apart is its flexibility. It does not require individuals to uproot their lives and move to the country. In fact, to obtain Permanent Residency, one needs to spend only a minimal amount of time in Greece per year. After achieving Permanent Residency, investors can apply for Greek citizenship, granting them unparalleled mobility and opportunities.
Moreover, the Greece Golden Visa program offers more than just a gateway to residency and citizenship. It presents an opportunity to embrace an exceptional quality of life. Greece boasts world-class schools, an excellent climate, a booming economy, delectable cuisine, widespread English proficiency, outstanding healthcare services, and a pristine natural environment. Additionally, Greece has double tax treaties with numerous international countries, ensuring a favourable tax environment for investors.
At GV Life, we firmly believe that Greece represents the epitome of a global safety net paired with a world-class lifestyle. With its streamlined visa process and a vibrant international community, it undoubtedly offers the most compelling residency program available today. Now is the opportune moment to invest in Greece and secure a prosperous future, complete with all the advantages of a thriving economy and an idyllic living environment.