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    Greece · Programme open · Updated 2026-09-23

    Greece Golden Visa: Costs, Rules and Process (2026)

    The Greece Golden Visa gives qualifying non-EU investors a renewable five-year residence permit with no minimum-stay requirement. Property thresholds are €400,000 or €800,000 for an ordinary purchase; €250,000 remains available only for specific conversion and listed-building projects. This guide explains the current rules, costs, process and risks using official Greek sources reviewed on 2026-09-23.

    The short answer

    An ordinary property purchase costs €400,000, or €800,000 in high-demand areas. The ordinary threshold is €400,000, rising to €800,000 in Attica, Thessaloniki and the covered islands. The €250,000 property route is limited to a qualifying change of use or listed-building restoration. Built property on the €400,000 and €800,000 routes must be one property with at least 120 m² of main space. The permit is renewable every five years while the qualifying investment and other renewal conditions remain satisfied.

    Greece Golden Visa property thresholds in 2026

    €800,000High-demand areas

    The Region of Attica, the Regional Unit of Thessaloniki, the Regional Units of Mykonos and Thira, and every island with more than 3,100 residents.

    One property; 120 m² minimum for built property

    €400,000Everywhere else

    Mainland regions and smaller islands outside the high-demand list. This is the standard minimum for an ordinary purchase, not €250,000.

    One property; 120 m² minimum for built property

    €250,000Conversions and restorations only

    Available anywhere for a qualifying change of use to residential or for a listed building that must be fully restored before the first renewal. It is not the price of an ordinary apartment.

    No 120 m² minimum

    The thresholds come from Law 5100/2024, published in the Government Gazette on 5 April 2024 (FEK A' 49) and applying to transactions completed from 1 September 2024. A transitional rule let buyers who had paid a 10% deposit by 31 August 2024 and completed by 31 December 2024 keep the old €250,000 and €500,000 thresholds. That window has closed, so 31 August 2024 is not the date the new tiers took effect. It was the deadline for escaping them.

    The catch most buyers hit is the island rule. The €800,000 threshold applies to every island with more than 3,100 residents, which captures Crete, Corfu and Rhodes. Mykonos and Thira are also expressly covered. Check the legal threshold for the exact property before committing to a budget.

    Routes that are not property

    €250,000

    Registered startup investment

    Maximum 33% ownership or voting rights, with two jobs created in year one and maintained for five years.

    €350,000

    Qualifying Greek mutual fund or alternative investment fund

    The fund and its assets must meet the statutory Greek-investment conditions.

    €500,000

    Greek term deposit, company capital, REIC or qualifying venture fund

    The deposit route requires a renewable term of at least one year.

    €500,000

    Greek government bonds

    The bonds must have at least three years remaining at purchase.

    €800,000

    Listed shares, corporate bonds or Greek government bonds

    Certification and continuing investment evidence are required.

    These are separate statutory routes, not interchangeable products. Each requires certification and continuing evidence that the qualifying investment is maintained. The €250,000 startup route also carries ownership and employment conditions, so its lower headline amount does not make it a passive substitute for property.

    Property restrictions that change the decision

    You cannot let the property short-term

    Property acquired under the current investor-permit rules may not be let short-term through the sharing economy or subleased. Breaching the restriction can revoke the permit and carries a €50,000 fine. Long-term letting is not caught. Older and transitional acquisitions can be treated differently, so check the acquisition's legal basis before relying on rental income.

    It must be a single property of 120 m²

    For the €800,000 and €400,000 tiers, built property or property with a building permit must be one property with at least 120 m² of main areas. The April 2026 Ministry circular confirms that the 120 m² floor does not apply to undeveloped land without a building permit or to the €250,000 conversion and listed-building routes.

    The €250,000 conversion and listed-building routes have extra conditions

    A change of use must have occurred on or after 5 April 2024 and be complete before the residence-permit application. A listed building must be fully restored before the first renewal. A property that has already generated a permit under either special €250,000 conversion or listed-building route generally cannot give a later buyer the same concession. A conversion-route property also may not be used as a registered office or branch.

    What the residence permit does and does not allow

    The permit is valid for five years and can be renewed while the qualifying investment and renewal conditions remain in place. It does not require a minimum number of days in Greece. It also supports short visits elsewhere in the Schengen area under the ordinary Schengen rules; it is not a right to settle or work in another member state.

    It does not provide access to employment or self-employment in Greece. The April 2026 Ministry circular allows passive ownership, shareholder rights and a non-executive board role where no work is performed. It excludes acting as a company's legal representative or executive board member.

    Application process and documents

    1. Confirm the correct route, threshold and source-of-funds position before committing capital.
    2. Complete property and title due diligence, or verify the statutory conditions for the chosen financial route.
    3. Obtain a Greek tax number, arrange compliant payment and complete the investment and registration evidence.
    4. Prepare the passport, lawful-entry evidence, health insurance, photographs and route-specific supporting documents.
    5. File the residence application and complete biometrics when required.
    6. Respond to any request for further documents and collect the residence card after approval.

    Document legalisation, certified translations, payment mechanics and property records can change the sequence. A Greek immigration lawyer should scope the file before a deposit or investment becomes irreversible.

    Fees and timelines

    Government fees are €2,000 per application for the main investor, payable on the initial grant and again at each five-year renewal. It is flat per application, not per year or per family. Adult family members pay €150 each, and children under 18 are exempt from that application fee. Every card carries a separate €16 production fee, including cards for children.

    By law the permit is issued within two months once the authority has the complete file (Law 5038/2023, art. 100 §10, checked 27 Sep 2026), but that deadline is often exceeded. There is no statutory end-to-end deadline or official average for the whole process (selection, due diligence, closing, registration, filing, biometrics and card issuance), and practitioner estimates vary widely. The National Registry's listed-building procedure shows an estimated administrative time of 50–60 days for a complete application. That figure is not a promise for the whole investment journey or for every route. Ask a lawyer for current office-specific experience and what their estimate includes.

    After filing you receive a blue submission certificate. It lets you live in Greece legally while the decision is pending, but it does not allow Schengen travel, which surprises people who assumed filing was equivalent to holding the permit.

    Tax residence and property tax

    Acquisition tax, VAT treatment, notary, registry, legal and due-diligence costs depend on the asset and transaction. The cost calculator gives a planning estimate, but the tax treatment of a specific property should be confirmed before exchange or payment.

    Property owners may owe annual ENFIA and tax on Greek rental income. The amount depends on the property, income and taxpayer position. The short-term letting prohibition is an immigration rule; it does not remove tax and reporting duties from permitted long-term letting.

    Tax residence does not turn solely on the permit or on a simple day count. The Greek tax authority treats more than 183 days in Greece during a twelve-month period as one route to tax residence, while a permanent or principal residence, habitual abode or centre of vital interests can also establish it. Greek tax residents are generally taxed on worldwide income, subject to treaties and any valid special regime; non-residents generally remain liable on Greek-source income.

    Article 5A offers an alternative regime for some people who transfer tax residence to Greece. It has separate eligibility, application and investment rules. Treat it as a tax-planning question, not as an automatic Golden Visa benefit.

    Who you can bring

    The permit covers a spouse or registered partner, unmarried children under 21, and the parents of either spouse or partner. Greece including both sets of parents is unusually generous and is a genuine reason families choose it over the alternatives.

    The part worth planning for is what happens at 21. A child who completes their 21st year can receive an autonomous three-year permit. It cannot be renewed in the same category, so before it expires the holder needs another lawful residence basis or a qualifying investment of their own.

    There is no student or dependency extension to 24, whatever you may read elsewhere. The age-24 horizon people describe is simply the arithmetic of a three-year permit granted at 21. The single exception, added by Law 5226/2025, covers adult children of any age who lack legal capacity, proven by a final court decision.

    How it compares

    Portugal€500,000fund route · or €250k cultural donation (non-recoverable) · property ended 2023

    Stay requirement: 7 days in year 1, then 14 per 2 years

    Italy€250,000startup · invest after approval

    Stay requirement: None for first 5 years

    SpainClosedabolished 3 April 2025

    Stay requirement: —

    Greece can be attractive where the investor wants a renewable residence permit without a minimum-stay rule. Citizenship is a separate plan. The standard Greek naturalisation framework generally requires seven years of continuous lawful residence plus language, civic, economic and social-integration evidence showing Greece as the applicant's continuing centre of life. The Citizenship Code does not impose a mechanical 183-day rule for every one of those years, but holding the permit passively from abroad is not enough.

    Common questions

    How much do you need for a Greece Golden Visa in 2026?

    For an ordinary property purchase, €400,000 in most of Greece and €800,000 in the Region of Attica, the Regional Unit of Thessaloniki, the Regional Units of Mykonos and Thira, and every island with more than 3,100 residents. The €250,000 property tier is limited to qualifying changes of use and listed-building restorations. A separate registered-startup route also starts at €250,000, but carries ownership and job-creation conditions.

    Is the Greece Golden Visa still €250,000?

    Not for an ordinary purchase. Since 1 September 2024, the €250,000 property tier has been limited to a qualifying change of use to residential or a listed building that will be restored. A normal apartment or house requires €400,000 outside the high-demand areas and €800,000 inside them. The conversion must have occurred on or after 5 April 2024 and be complete before the permit application; a listed building must be fully restored before the first renewal.

    Do Crete, Corfu and Rhodes qualify at €400,000?

    No. The €800,000 threshold applies to any island with more than 3,100 residents, which includes Crete, Corfu and Rhodes. The Regional Units of Mykonos and Thira are expressly covered; the other islands are captured by the population rule.

    How long does the Greece Golden Visa take?

    By law the permit is issued within two months once the authority has the complete file (Law 5038/2023, art. 100 §10), but that deadline is often exceeded. There is no statutory end-to-end deadline or official average for the whole process (property selection, due diligence, closing, registration, filing, biometrics and the card decision), and practitioner estimates vary widely. The National Registry lists 50–60 days as the estimated administrative time for a complete listed-building application, but that is not a promise for the whole investment journey or every route. After a valid filing, the submission certificate supports lawful stay in Greece while the application is pending; it does not itself permit Schengen travel.

    What are the government fees?

    The main investor pays a €2,000 application fee on the initial grant and at each five-year renewal. It is per application, not per year or per family. Adult family members pay €150 each, while children under 18 are exempt from that application fee. Each residence card carries a separate €16 production fee, including cards for children.

    Who can be included as a family member?

    A spouse or registered partner, unmarried children under 21, and the parents of either spouse or partner may qualify. Their permits follow the investor's permit. When a child completes their 21st year, the rules provide for a separate three-year permit; families should plan the next residence category before that permit expires.

    What happens when a child turns 21?

    They can receive an autonomous three-year residence permit. It cannot be renewed in the same category, so before it expires they need another lawful residence basis, their own qualifying investment, or another route for which they are eligible. There is no student or dependency extension to 24 in this investor-family rule. A separate exception covers adult children who lack legal capacity where that is established by a final court decision.

    Can you rent out the property on Airbnb?

    For property acquired under the current investor-permit rules, short-term letting through the sharing economy and subletting are prohibited. A breach can revoke the residence permit and trigger a €50,000 fine. Long-term letting is not caught by that prohibition. Older and transitional acquisitions can be treated differently, so the acquisition date and legal basis need to be checked.

    Does the Greece Golden Visa require you to live in Greece?

    No. There is no minimum-stay requirement to hold or renew the investor permit. Immigration status and tax residence are separate: spending more than 183 days in Greece in a twelve-month period is one tax-residence test, while a permanent or principal home, habitual abode or centre of vital interests can also matter.

    Can you work in Greece with a Golden Visa?

    No. The investor permit does not provide access to employment or self-employment. A holder may own shares and exercise shareholder rights, and may hold a non-executive board role without performing work. The Ministry's April 2026 circular says the holder may not act as a company's legal representative or executive board member.

    Will Greece tax your worldwide income?

    Greek tax residents are generally taxed on worldwide income, subject to tax treaties and any applicable special regime. More than 183 days in Greece in a twelve-month period is one route to tax residence, but Greece also considers a person's permanent or principal residence, habitual abode and centre of vital interests. A Golden Visa by itself does not settle tax residence; get cross-border tax advice before relocating or changing your pattern of presence.

    Does a Greece Golden Visa lead to citizenship?

    It can provide lawful residence time, but citizenship is a separate application and is not automatic. The standard naturalisation framework generally requires seven years of continuous lawful residence, suitable residence status, Greek-language and civic knowledge, and evidence of economic and social integration with Greece as the applicant's continuing centre of life. The Citizenship Code does not state a mechanical rule of 183 days in every year, and a permit held passively from abroad is not enough.

    Official sources and review standard

    We checked the legal and administrative claims on this page against these Greek public sources on 2026-09-23. Rules, forms and administrative practice can change, so a lawyer should confirm the current position for your route before you invest.

    Talk to a Greek lawyer before you commit

    The threshold, title position, permitted use and letting restriction all turn on facts about the specific property and route. Compare independently listed Greek Golden Visa lawyers before transferring a deposit or investment.

    Compare Greece Golden Visa lawyers