Investment Visa Overview

Greece Residency & Citizenship options

The Greece Golden Visa program offers three different types of options for investors: 1) real estate, 2) business investment and 3) passive investment. Each option has its own set of requirements, but all options provide a path to residency and eventually citizenship in Greece.

Program 1
  • Name
    Greece Golden Visa - Real Estate
  • Description

    Third country citizens who own real estate property in Greece can apply, either personally or through a legal entity of which they own the total of the company shares, provided the minimum value of the property is €250.000

  • Requirements

    The real estate option requires an investment of at least €250,000 in Greek property.

  • Validity
    5 years renewable
  • Investment Type
    Real Estate
  • Avg. Processing Time
    2 months
  • Investment Amount
    250,000 EUR
  • Avg. Agent Fee
    $20,000
  • Physical Presence Requirement
    No requirements
  • Can family be included?
    Yes
Program 2
  • Name
    Greece Golden Visa - Business
  • Description

    The business investment option requires an investment of at least €250,000 in a Greek company.

  • Requirements

    €250,000 investment in a Greek company

  • Validity
    10 years
  • Investment Type
    Active
  • Processing Time
    2 months
  • Investment Amount
    250,000 EUR
  • Avg. Agent Fee
    $20,000
  • Physical Presence Requirement
    No requirements
  • Can family be included?
    Yes
Program 3
  • Name
    Greece Golden Visa - Passive Investment
  • Description

    The passive investment option for the Greek Golden Visa requires an investment of at least €400,000 in Greek government bonds.

  • Requirements

    At least four hundred thousand (400,000) euro capital purchase of Greek bonds, OR a €400,000 contribution to a company or venture fund headquartered or established in Greece, excluding Holding Companies and Real Estate Investment Companies, for the acquisition of shares in a capital stock increase or bonds upon the issuance of a bond loan that are listed for trading on regulated markets or multilateral trading facilities operating in Greece.

  • Validity
    5 years renewable
  • Investment Type
    Passive
  • Processing Time
    2 months
  • Investment Amount
    400,000 EUR
  • Avg. Agent fee
    400,000 EUR
  • Physical Presence Requirement
    No requirements
  • Can family be included?
    Yes
Official Government Website
Passport Overview

According to the SovSpot Passport Ranking Index, the Greek passport is currently ranked seventh. It allows anyone to travel to 190 countries without needing a visa. As a result, it is one of the world's most sought passports, having a very high mobility score. Visa-free and visa-on-arrival entry is available to Greek passport holders in countries such as Brazil, Japan, the United Kingdom, Taiwan, the United Arab Emirates, the United States, and the European Union as a whole, allowing for nearly quick travel around the world. Greek passport holders, on the other hand, need a visa to visit around 39 countries throughout the world." According to the SovSpot Passport Ranking Index, the Grenadian passport is presently ranked 34th. It allows people to travel to 143 countries without needing a visa. As a result, it has a good overall mobility score and is a desirable passport. Visa-free travel and visa-on-arrival are available to Grenadian passport holders in countries such as Singapore, the United Kingdom, Russia, Israel, and the entire European Union. This allows for almost immediate travel to some of the world's most popular destinations; however, about 86 countries require a visa for Grenadian passport holders. Thailand, the United States, and Australia are among the countries that require a visa.

Passport Rank

7

Visa Free Countries

190

Mobility Stats
  • Dual Citizenship Allowed?
    Yes
  • Visa Free Destinations
    142
  • Visa on Arrival
    37
  • Visa Online
    11
  • Visa Required
    9
  • Visa Free Access
    Schengen, USA, UK, Canada, Japan
  • World Surface Area Reachable
    60%
  • Unesco Heritage Sites Access
    47%
Passport Ranking Factors

Greece Passport Visa Free Countries

The number of countries Greece passport holders can enter without a visa (i.e. visa-free countries) is added to the number of countries Greece passport holders can enter by obtaining a visa on arrival (i.e. visa-on-arrival countries) or an electronic travel authorization (i.e. visa-on-arrival countries) (eTA). There are now 142 visa-free countries for Greece passport holders, 37 visa-on-arrival countries for Greece, and 11 eTA destinations. Greece passport holders can visit a total of 190 countries, either without a visa, with a visa on arrival, or with an electronic travel authorization (eTA). As a result, Greece's passport is ranked seventh in the world. Apart from the visa-free and visa-on-arrival countries for Greece passport holders, there are 39 other countries where Greece passport holders will need a physical visa or an eVisa (i.e. visa required countries). The Greek passport is one of the world's most coveted and powerful passports. It allows holders to travel to 190 countries and territories without needing a visa. Citizenship in Greece can be obtained in a number of ways, including through birth, descent, or naturalization. Individuals can also apply for Greek citizenship under the Greece Golden Visa program after 7 years of holding a resident permit in the country. The Greece Golden Visa Program, established by the Greek government in 2013, grants candidates a 5-year residency that can be renewed indefinitely as long as they keep their property investment in the nation. The residency permit can be renewed without having to stay in the country.

Citizenship by Descent

Greek Citizenship by Descent

Greece is another EU nation that permits citizenship by descent for up to three generations. You are eligible for citizenship by descent in Greece if you meet the following requirements:

  • Your birth occurred before to July 16, 1982, and your parents were married.
  • Your father was a Greek citizen, but your mother was not.
  • You were born after July 16, 1982, and your father was a Greek citizen but your mother was not (regardless of whether they were married or not)
  • You were born on or after August 5, 1984; your mother was a Greek citizen and your father was a foreign national; and your mother was Greek and your father was not (regardless of whether they were married or not).
  • You have or had a grandmother who was a Greek citizen.
  • You have or had a Greek great-grandparent who was a citizen of Greece.
Citizenship by Descent - Details
  • CBD Available?
    Yes
  • Generations
    3
  • Avg. Processing Time (mo.)
    24
  • Avg. Cost
    150
Citizenship by Descent - Footnotes

Note: Keep in mind that the costs for citizenship by descent applications can vary and depend on many factors, such as:

  • The availability of official documents in different countries (if past family members migrated);
  • The availability of historic documents;
  • Sworn translation costs;
  • Price only includes main applicant, in case of adding children or spouses, this can incur additional costs);
  • Whether or not a genealogist is needed to prove ancestry;
  • Other unforeseen costs.

* In the case of first generation citizenship by descent, we assumed ONLY administration costs, which will be around $100 or less (usually free if application is done in the same country versus foreign embassy or consulate)

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