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 2026.
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.
№ 1
№ 1
№ 1
Minimum Real Estate Investment of €250K
The minimum required investment amount varies based on the property’s location and type:
€800K
Applicable to high-demand areas such as the Attica region (greater Athens), Thessaloniki, Mykonos, and Santorini.
€400K
Applies to most other regions and islands across Greece.
€250K
Reserved specifically for purchasing commercial properties being converted into residences or for restoring designated historic or listed buildings.
Managed property is far the preferred option for most investors.
Residency is lost if the investment is sold.
Once children become adults they must make a make a separate investment to remain residents
03
Capital transfer
A sum of at least €400K 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.
04
Capital contribution
A minimum amount of €400K must be contributed to a company registered or established in Greece.
05
Shares, bonds, and/or government bonds
The purchase of Greek government bonds worth at least €400K 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.
| Italy Golden Visa | Portugal Golden Visa | Greece Golden Visa | |
|---|---|---|---|
| Investment Criteria | A minimum of €250k investment into an Italian Start Up. | €500k into non-property based investments | A minimum of €250k investment into property. |
| Residency Requirements |
Twice at the start of the residency to collect the biometric cards, and make the investment. Then every 3 years to renew biometric ID card. |
7 days per year. | Once every 5 years to renew biometric ID card. |
| Visits to Country Needed to get initial Residency | Twice | 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, normally after 7 years, it is possible to apply for Greek citizenship through naturalization. It is notoriously hard to attain as one must become a full time tax resident meet specific reporting criteria, and pass an upper intermediate Greek test.
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, and Mediterranean 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.
In a professional capacity I have worked with GVP Life for the last 2 years and can attest to their professionalism, attention to detail and their ability to go the extra mile for their clients.
I wholeheartedly recommend them to anyone looking to live and invest in Portugal.
— Brian Fiddis ex SVP MGM CHINA
I had an outstanding experience with GVP Life’s advisory service for Italy. Their team was incredibly professional and knowledgeable, making the entire process smooth and stress-free. What truly stood out was their clear guidance on tax implications, which gave me peace of mind knowing I was making informed decisions. The program itself was easy to understand, thanks to their straightforward explanations and personalized support. I highly recommend GVP Life to anyone considering Italy — they truly made the journey seamless and successful!.
— Anthony from Hong Kong
GVP Life has been most patient and helpful along the way helping me get my Golden Visa through property investment, always responsive and quick at actions and problem solving. Have recommended their services to friends and will again.
— C.Chen Hong Kong
Dear GVP Life Team,
I would just like to say how happy our family was with the GVP Life team in helping us all to obtain our Portuguese residence’s..
We will certainly be recommending you and your team for would be prospective families who want to make the move to Portugal..
Best regards,
— Stephen. UK national and Hong Kong Resident
Portugal has become our second home since securing residency through GVP Life’s immigration team and connection to their excellent partners. They provided a fast, efficient and effective service for my whole family and their partners on the ground in Portugal were amazing.
— Catherine
I love Greece such a lovely country, and to be able to invest 500 K Euro into such a welcoming country to access security for my family with full passport rights after 5 years is amazing as the economy is also booming, it is a win win. It must make Greece the best country in the World right now for such a scheme as its part of mainland Europe and the E.U.
— Xi Jemin
We have always taken Hong Kong as our home, but sadly now we need a plan b and that was the U.K. before Brexit but now we feel that Portugal is a natural alternative with great food and a positive investment climate. GVP Life is helping us to clearly take the path to this destination, and we are coming to Portugal to view the properties their local partners have exclusive access to
— S. Liu
GVP Life helps you focus on the key reasons for selecting a Golden Visa scheme in Europe, and delivers an easy path that saves you being taken advantage of on sales commissions that should not be paid, and high legal fees. They are the first firm I found in Hong Kong that offers such a full and transparent service
— M. Wong
We had a wonderful time in Portugal. What a fantastic country to be able to live in, from the seafood, the people, the fresh air, and it is so safe and completely stable which is perfect for us. Investing here makes so much sense right now and securing a stable future for your family.
— May Cheung
We have received excellent service from GVP Life for more than 2 years. They secured our residency visa for us, pulling out all the stops despite a number of timing and logistical issues we threw at them as well as COVID. They then sourced us the perfect pre-tenanted investment property, and made the purchase seamless by providing access to a great mortgage broker and fantastic lawyer.
Their team are professional, always available to help and very nice people to deal with. They have an extensive network that helped us relocate to Portugal and put us on the right footing with everything from tax to healthcare. We can’t recommend them highly enough if you are looking to make an investment or settle in Portugal.
The Prescotts, U.K.
Having decided to move to Portugal, we realised very early on that we needed professional help to achieve that goal. We reached out to GVP Life and during our initial discussions with GVP Life they advised us on the scope of their services, what we could expect, the pitfalls to avoid, the deliverables and the cost of the whole process. Their professional manner and the depth of their knowledge impressed us immensely . Everything was transparent, no hidden charges, no promises that couldn’t be fulfilled. We decided to go ahead and have been very grateful that we took that decision.
Gareth Jones – Photographer Hong Kong
How lucky we were to find GVP Life at the start of our Portugal adventure. By following their expert advice, the whole process of moving and settling here went far more smoothly than we ever could have imagined. I hate to think of the time, cost and stress if we had tried to do it ourselves. The team are really informed and go the extra mile at every stage. I would recommend them unreservedly. As i would Portugal! It has been a truly life changing experience moving to this beautiful country and my only regret is not doing it sooner!
Nick W – British National, and Permanent Hong Kong Resident
I’ve worked with the GVP Life team over the last 18 months and they have time and again demonstrated an innate knowledge and experience of navigating the immigration process in Portugal. Throughout the visa process, I’ve been confident in the team and whenever any issues have arisen they have been quickly and effectively resolved.I have no hesitation in recommending them given their diligent and professional approach.
Andy UK
Dear GVP Life Team
Thank you for an excellent service.
It is a daunting prospect to emigrate to an entirely new country and Golden Visa handled the process seamlessly. Accurate advice, regular updates and immediate replies to our queries gave our family the confidence that the progress of our application was being continually monitored and advanced. A potentially challenging time made entirely stress free.
Rupert. British National and Permanent Hong Kong Resident
Dealing with GVP Life was excellent. They engaged with us and initially explained the issues we would need to deal with in order to obtain residency in Portugal. Then they assisted us with the steps which were required and their involvement made the process simple and easy. Without GVP Life it would have been much more difficult for us to achieve our objective. They also advised when we acquired a property in Setubal and again their help and introductions to professional assistance was invaluable. I can definitely recommend this company.
Leslie, London U.K.
GVP Life are much more than visa and immigration specialists, they are truly like family to us. Wanting to move to Portugal from the UK, we had very little understanding of how difficult it would truly be, and at first it was a daunting task.
With GVP Life on the case, we found a property that met our ever changing, and extremely specific needs within 1 month, bought it within 3, and submitted our visa in 4. GVP Life were very strict in processing everything as efficiently and as quickly as possible, with no stone left unturned.
We cannot thank them enough and will continue to discuss future goals and how best to achieve them with GVP Life by our side.
M & J Sharp U.K.
GVP Life have been brilliant at getting, first of all our residency applications sorted, and then helping us through the purchase of our property.
Their knowledge of the financial processes and requirements is second to none. With access to local Portuguese banks, legal and financial services, the process is smooth and pain free.
Even when you have everything in place, they are more than happy to offer advice and point you in the right direction.
In short they can facilitate any of your requirements and I can’t recommend them highly enough.
Andrew, U.K.
It is a fantastic country! GVP Life Limited helped so fast by taking the pain out of doing it ourselves, residency has given our family and especially our kids the future security they need in an increasingly unstable World; with great educational opportunities and full employment rights in the E.U. secured. We couldn’t be more relieved as Brexit has made the UK less appealing as a safe haven for Hong Kongers, and we have a certain exit if needed now
Rahim Mohammed
I bought a great investment property in Cascais thanks to the GVP Life Limited property team, and their extensive local property network. I paid zero sales commission, and the value was not only in the fact that 3 generations of my family qualify for the Golden Visa but the house has actually gone up 40 percent in value since I bought it, and we get great holidays every year in our new property with the security of knowing the family has a plan b.
Mr Kwok
As an Aussie and permanent Hong Kong Resident I was really shocked at how cheap it all is, you can live in Portugal with such sophistication from the delicious food and wine, rich culture, great road system, outdoor life and my special love, golf. It is like the Australia of Europe for its sunshine and great outdoor living but at a fraction of the cost with this amazing NHR scheme, and a key time to be buying property
D. Delaney
My Husband and three boys can’t wait to return to Portugal on bikes, canoes and boats. As a formally trained cook, I can’t wait to eat more of the local seafood, pasteries and to visit the amazing markets. My parents are looking forward to traveling to Portugal this February to golf some of the Worlds top courses with their closest friends
Jennifer