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Greece

About Greece

CapitalAthens
Total Area131,957 km²
Population10.75 million
LanguagesGreek
CurrencyEuro (EUR)

Situated at the junction between Europe, Asia, and Africa, Greece is regarded as the cradle of democracy and the birthplace of western civilization. The country’s history dates back to 800 BCE and has significantly influenced the language, arts, philosophy, politics, and physical pursuits of the modern world. Remnants of Greece’s illustrious past can still be seen in its capital city, Athens, that still retains ancient landmarks. 

Consisting of a mainland on the Balkan peninsula and thousands of islands spread throughout the Aegean and Ionian seas, Greece has become a major European business centre and is regarded as one of the world’s top holiday destinations. 

Greece’s warm Mediterranean climate, world-renowned gastronomy, and cosmopolitan cities coupled with the country’s exquisite beaches and authentic local traditions and hospitality have led many upwardly mobile individuals to make this their second home.

Qualifying Criteria 

The following criteria must be satisfied: 

  • A valid visa required at the beginning of the application process in order to enter Greece. 
  • An investment in property with a minimum value of two hundred and fifty thousand euro (€ 250,000), which value is exclusive of any applicable tax. An applicant may also go for other investment options like for instance a capital contribution with a minimum value of four hundred thousand euro (€400,000), and for the purchase of shares, bonds, and/or government bonds 
  • Proof of health insurance coverage for the Main Applicant and dependents included in the application that is valid in Greece. 
  • All the essential documentation that accompanies the application for an immigration permit must be certified and translated into the Greek language. 

Key Advantages 

  • Residence permits can be attained within thirty to sixty (30-60) days 
  • No obligation to reside in Greece 
  • Visa-free travel within Europe’s Schengen Area 
  • Residence permit does not have an expiration date. 
  • Ability to rent out the investment property 
  • Residence applies to the whole family (married spouse, children below twenty-one (21) years of age, and parents of the main applicant and spouse) 
  • Eligibility to apply for citizenship after seven years of residence 
  • Permit holders may hold shares and receive income from the dividends of a company registered in Greece. They are, however, not allowed to be employed in Greece.

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