# Greece

Source: https://www.savoryandpartners.com/programs/residency-by-investment/greece · Updated: 2026-10-13

Obtain a Greece Residency Visa. Contact Savory & Partners to learn about the Greece residency by investment program.

## Greece Residency by Investment Requirements

The Greece Residency by Investment program was introduced by the government in 2013. Applicants are granted a five-year residency which can be renewed every five years. The program offers a straightforward residency route, with no stay requirement.

To be able to apply for this program, you should be at least 18 years of age, in good health, and without a criminal record.

In addition, you are required to make a purchase, lease or timeshare investment in real estate.

## Main Applicant Requirements

- 18+ years of age
- Good health
- No criminal record
- Successfully pass due diligence checks
- Confirmed investment sources

## Eligible Dependents

- Spouse or civil partner
- Unmarried children under 21, subject to the applicable custody requirements
- Parents of the main applicant and spouse/civil partner

## Greece Residency by Investment Benefits

## Schengen Travel

A valid Greek residence permit allows short stays in other Schengen countries for up to 90 days in any 180-day period, subject to Schengen entry conditions.

## Health & Education

You will enjoy access to world-class healthcare systems, have the right to attend schools and universities in Greece.

## Guaranteed by law

The program is based on the law & is guaranteed by the government since 2013.

## Top location

Strategically located, beautiful natural environment, safe country and sunny Mediterranean climate.

## Legal Basis

Greece’s permanent investor residence permit is governed by Article 100 of the Migration Code (Law 5038/2023), as amended by Article 64 of Law 5100/2024. It grants a five-year renewable residence permit to qualifying third-country nationals who meet the applicable investment conditions. The permit does not itself grant access to employment.

## Costs of Greece Permanent Residency

Applicants seeking Greek permanent residency need to fulfil certain criteria to qualify

## 1) Real estate

Invest €800,000 in Attica, Thessaloniki, Mykonos, Santorini or islands with over 3,100 residents, or €400,000 elsewhere. Standard purchases require one property of at least 120 m² where applicable. Lower thresholds apply to qualifying residential conversions completed before applying and listed buildings requiring restoration. Short-term rentals are prohibited; conversion properties cannot serve as company headquarters or branches.

| Item | Amount |
| --- | --- |
| Minimum Investment in High-Demand Areas | EUR 800,000 |
| Minimum Investment for All other regions of Greece | EUR 400,000 |
| Minimum Investment for Converted Properties | EUR 250,000 |
| Minimum Investment for Restoration | EUR 250,000 |

## Application Process For Greece Permanent Residency

Under the current Migration Code, the residence permit is issued within two months from the date the complete file reaches the issuing authority. Pre-submission steps may extend the overall end-to-end timeframe.
The reviewal stage is subject to the respective Government schedule and can be impacted by factors which we, as authorised agents have no control over. Savory and Partners collaborates with the Government throughout the entire process, and we aim to provide the quickest and smoothest experience for the applicant.

1. Savory & Partners pre-screens your passport copy for Government pre-approval to ensure fast processing. We require you to make a down payment of the professional fees to open your application. Savory & Partners will assist and advise in relation to the collection of the necessary documents in the checklist.
2. Where required for travel, obtain the appropriate entry visa. The residence application itself may be filed electronically by an authorised lawyer under a valid power of attorney without presenting a Visa C or Visa D at filing.
3. Savory & Partners will guide you to the Greek property that matches your requirements and start preparing the necessary property purchase documentation for your residency application.
4. Adult applicants and family members aged six or over must enter Greece before permit issuance to provide biometric data. Under the Golden Visa exception, biometrics may be completed within 12 months.
5. Savory & Partners prepares property purchase documents to complete the purchase. You will need to transfer property purchase funds and taxes.
6. We submit your application to the official Directorate of Immigration. If the Secretary-General approves this, you and your family will receive your residence permits.

## Application Process

6-8 months

## Visa-free Countries with Greece Residency

Visa-free destinations: 

Greek Permanent Residency gives residents visa-free access to all 29 countries in the Schengen Area.

### Visa-free access (29 countries)

- Austria
- Belgium
- Bulgaria
- Croatia
- Czech Republic
- Denmark
- Estonia
- Finland
- France
- Germany
- Greece
- Hungary
- Iceland
- Italy
- Latvia
- Liechtenstein
- Lithuania
- Luxembourg
- Malta
- Netherlands
- Norway
- Poland
- Portugal
- Romania
- Slovakia
- Slovenia
- Spain
- Sweden
- Switzerland

## Client Success Stories

### World-Class Healthcare as an EU Citizen

**The Challenge**

Our client, a Pakistani entrepreneur, had always dreamt of providing his family with a better future, both in terms of opportunities and quality of life. After hearing about Malta's Residency by Investment program, he decided to take action.

In 2022, he successfully secured residency for himself, his wife, and their elderly parents. This allowed them to live in Malta while enjoying the benefits of an EU residency. The program promised eventual citizenship after one year of residency, which was exactly what they hoped for.

However, shortly after they moved to Malta, the client's mother was diagnosed with breast cancer. The news came as a shock, and the gravity of the situation hit hard. His mother, who had always been a source of strength for the family, now faced a life-threatening illness.

With her health at risk, the family’s immediate concern became securing the best possible treatment. This meant having access to world-class medical facilities without delay, as they didn’t have the luxury of time to wait for appointments or referrals.

The client knew that Malta's healthcare system was ranked among the best in Europe, but he wasn’t sure how quickly they could get the care his mother urgently needed. He reached out to us for guidance, hoping we could help expedite her treatment in this crucial time.

**Our Solution**

We immediately got to work, leveraging our extensive knowledge of Malta’s Residency by Investment program. Thanks to his status as a resident, our client had already been granted access to Malta's renowned healthcare system.

The country ranks** 5th globally in healthcare quality **according to the World Health Organization. It was a relief to know that his mother would receive top-notch treatment, but now we had to make the process as smooth and quick as possible.

We guided our client through the available healthcare options, helping him navigate the local medical landscape to ensure his mother could get the immediate care she required.

We recommended one of the top breast care clinics in Malta, known for its cutting-edge treatments and specialized care. She was able to get an immediate consultation, and the team quickly devised a treatment plan to address her condition.

During this time, our client’s family was in the process of completing their citizenship application, which they were eligible for after just one year of residency. As soon as they were granted citizenship, our client and his parents could travel across Europe more easily. This proved invaluable when the family made the decision to seek additional treatment in France, one of the leading countries in cancer care.

**The Result**

With the support of Malta’s exceptional healthcare system, the client’s mother successfully completed her treatment. Now fully recovered, the family has returned to Malta, enjoying the security of citizenship, access to free public healthcare, and the social benefits of living in a safe and vibrant country.

_Why Choose Malta Citizenship?_

Malta's Citizenship by Investment program offers a multitude of advantages that make it an ideal choice for investors and their families:

1. Access to Malta’s **top-tier healthcare system**, ranked among the world’s best
1. Visa-free travel to **over 160 countries**, including the USA and Canada
1. Ability to live, work, and study anywhere within the EU
1. Long-term **security with family inclusion options**
1. Free **public healthcare**, **education**, and **social services**
1. Stable and growing economy with opportunities to establish a business

**Investment Requirements:**

- **A contribution of at least **€750,000 for a minimum residency period of 12 months and €600,000 for 36 months.
- **Property Investment:** Minimum of €700,000 for purchasing a property or €16,000 annual rental agreement.
- **Donation:** €10,000 to a charitable cause designated by the government.
- **Residency Requirement:** 12 months of residency before applying for citizenship.

## Download brochure

- Length: 4 pages
- Language: English & Arabic
- size: 1 mb

**Content**
- Greece Country profile
- Benefits of the program
- Investment requirements
- Investment process

## About Greece

- CAPITAL: Athens
- TOTAL AREA: 132,049 km²
- POPULATION: 9.36 million
- LANGUAGE(S): Greek
- CURRENCY: Euro (EUR)
- EXCHANGE RATE: $1 = €0.92
- GDP – PER CAPITA (2025): $25,760
- GDP – TOTAL (2025): $267.4 billion

### About Greece

Greece lies in southeastern Europe with a mainland and around 6000 islands spread across the Aegean and Ionian seas.

A great power in ancient times, it’s known as the cradle of Western civilization.

Greece is an EU member country, and the Greek Golden Visa allows for visa-free travel through the Schengen Area.

Securing Greece residency guarantees family security and access to the highest standards of healthcare, education, and business opportunities.

Greece is strategically located at the crossroads of Europe, Asia, and Africa.

While the official language is Greek, many people speak English in Greece.

The country is a parliamentary republic, and the Prime Minister is the head of the Government.

Greece has an area of 132,049 sq. km and its territory includes 200 inhabited islands in the Aegean and Ionian seas.

The country is a member of important international organizations such as the European Union, NATO, EBRD, IBRD, IMF, IMO, Interpol, OECD, UN, UNCTAD, UNESCO, WHO, WTO, and CERN.

Greece is renowned for its hospitality standards and has long been a popular tourist destination.

Greece is the birthplace of modern civilization and democracy, whose ancient scholars made great advances in philosophy, medicine, mathematics, and astronomy.

The country’s currency is the Euro.

With over 300 days of sun per year in the capital and some islands (250 days elsewhere), Greece offers residents and visitors mild and temperate weather conditions all year round.

Whether you prefer calm secluded beaches and villages, perfect for retirement and relaxation, buzzing modern cities, or you are fascinated with history and art, you can find everything you’re looking for.

Greece typically ranks as the 7th most visited country in Europe.

### Where is Greece?

Greece is in Southeastern Europe, bordering the Ionian Sea and the Mediterranean Sea. It is a peninsular country, with an archipelago of around 6,000 islands.
