Passport Rank
7
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.
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
The real estate option requires an investment of at least €250,000 in Greek property.
The business investment option requires an investment of at least €250,000 in a Greek company.
€250,000 investment in a Greek company
The passive investment option for the Greek Golden Visa requires an investment of at least €400,000 in Greek government bonds.
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.
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.
7
190
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.
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:
Note: Keep in mind that the costs for citizenship by descent applications can vary and depend on many factors, such as:
* 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)