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Europe Schengen Zone

Greece Residency by Investment

Greece's Golden Visa offers the most affordable entry point into European residency and Schengen zone access, starting at €250,000 in real estate.

€250,000

Min. Investment

3–6 months

Processing Time

Yes

Schengen Access

7 years

Path to Citizenship

About the Program

Greece's Golden Visa programme is one of the most affordable pathways to European residency, starting at €250,000 in real estate (€800,000 in high-demand areas). With no minimum stay requirement, holders can reside in the Schengen zone freely while maintaining their primary residence elsewhere.

Investment Thresholds (2024 Update)

Greece introduced a two-tier threshold system in 2024:

€800,000 — Properties in Athens, Thessaloniki, Mykonos, Santorini, and islands with 3,100+ inhabitants
€400,000 — Properties in most other regions of Greece (increased from €250,000)
€250,000 — Conversion of commercial property to residential, or restoration of listed buildings (preserved category)

Alternative Tax Regime for Non-Doms

Greece offers a €100,000 annual flat tax on all foreign-sourced income for high-net-worth non-domiciled residents who transfer their tax residence to Greece. Key conditions:

Must have lived outside Greece for 7 of the last 8 years
Must invest at least €500,000 in Greek real estate, businesses, or securities
€20,000 extra per family member
Valid for up to 15 years

This makes Greece particularly attractive for HNW individuals with high foreign income — pay a fixed €100,000 regardless of income level.

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Lifestyle & Quality of Life

What daily life actually looks like

$2,000 – $3,500/month

Monthly Budget

✅ Safe

Safety Rating

☀️ Mediterranean — hot dry summers, mild winters

Climate

Why People Choose Greece

✦ Warm Mediterranean climate year-round

✦ Affordable by European standards (especially outside Athens centre)

✦ World-class cuisine, ancient history, island lifestyle

✦ Growing digital nomad and expat community in Athens

✦ Relatively low cost of living compared to Western Europe

✦ Excellent seafood and outdoor lifestyle

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Tax Implications

Key tax information for residents

Standard Greek income tax (9–44%) if tax resident. Non-dom regime: €100,000/year flat tax on all foreign income (requires €500,000 investment). No minimum stay so many holders remain non-residents for tax.

⚠️ Tax rules change. Always verify with a qualified local tax advisor before making decisions based on tax considerations.

Investment Options

Option / Category	Min. Amount	Description
Real Estate (Standard Regions)	€400,000	Most regions outside major cities and popular islands
Real Estate (Prime Areas)	€800,000	Athens, Thessaloniki, Mykonos, Santorini, larger islands
Real Estate (Conversion/Restoration)	€250,000	Commercial to residential conversions, or listed building restoration

Requirements

Clean criminal record
Health insurance
No minimum stay
Property registered and title deed held

Key Benefits

Schengen zone access
No stay requirement to maintain residency
EU citizenship path after 7 years
Non-dom: €100,000 flat tax on all foreign income
Strong Athenian and island real estate market
Mediterranean climate and lifestyle
Family included (spouse, children, parents)

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Important Notices & Recent Changes

• Threshold raised to €400,000–€800,000 in most areas — €250,000 only for specific converted properties
• Non-dom flat tax requires €500,000 investment and separate application

Information Notice: This page is for informational purposes only. CRP World is an independent information resource, not a licensed immigration advisor. Program requirements, investment thresholds, and processing times change frequently. Always verify details with official program sources and consult a qualified licensed professional before making any decisions.

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Questions about Greece?

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Program at a Glance

Monthly Budget $2,000 – $3,500/month

Safety Safe

Path to Citizenship 7 years

Schengen Access Yes ✓

Climate Mediterranean

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