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Why Greek Golden Visa Program is so attractive?

The Greek Golden Visa program is now one of the most attractive residency-by-investment options in Europe, especially after Spain terminated its program.

Here’s why:

1️⃣ Lowest Real Estate Investment in the EU

Even after the April 2024 changes, Greece still offers a €250,000 entry point in select regions, while Portugal and Spain now have higher thresholds or have removed real estate options altogether.

🔹 Investment Tiers:

€800,000 – Athens, Thessaloniki, Mykonos, Santorini, and islands with over 3,100 residents

€400,000 – Other areas, but property must be at least 120 sqm

€250,000 Exception – If the property was previously commercial and converted to residential

2️⃣ No Residency Requirement

Unlike Portugal, which now has stay requirements, Greece allows 100% flexibility—you don’t need to live in Greece to maintain the visa.

3️⃣ Fast Processing Time

2-6 months (one of the fastest in the EU) compared to Portugal, which can take 12+ months.

4️⃣ No Tax Obligations (Unless You Move)

Greece does not require tax residency for Golden Visa holders unless they spend more than 183 days per year in the country.

5️⃣ Path to EU Citizenship

After 7 years, you can apply for Greek citizenship (but you must live in Greece and pass language/culture tests).

6️⃣ Affordable Lifestyle & High Rental Yields

Lower real estate prices compared to Spain and Portugal.

Strong tourism demand for long-term rentals (even though short-term rentals like Airbnb are restricted for Golden Visa properties)

1000x724 amaltheia
1000x724 amaltheia