For Indian investors and families seeking a strategic gateway to Europe, the Greece Golden Visa program presents a compelling and increasingly sought-after opportunity. Beyond securing permanent residency in Greece, this initiative offers a stable, long-term investment that provides a foundation for multi-generational security, unparalleled travel freedom, and access to a rich European lifestyle.
The European dream—combining financial stability with a high quality of life—is within reach. The Hellenic Republic has established one of the most popular and flexible residency-by-investment schemes globally, attracting investors who value security and mobility. Understanding the nuances of the Greece Golden Visa program, especially the recent updates to the Greece Golden Visa price and investment options, is the crucial first step toward establishing your family’s future in the European Union.
The Strategic Advantage: Mobility and Residency Security
One of the most immediate, and significant, advantages of obtaining a Greece Golden Visa is the access to the Schengen Area. The Schengen Area is made up of 27 European countries that allow its residents to travel freely between these countries without passport checks or different forms of border control at each other’s borders.
As a Greece Golden Visa holder, you, and your family, can travel freely, and without a visa, to any of the Schengen member states for up to 90 out of a 180-day period. This is especially beneficial for high-net-worth individuals, as well as professionals engaged in business in India, because it effectively eliminates the necessity to continuously apply for visas, making travel for working and leisure easier in Europe.
Additionally, unlike many other residency-by-investment programs around the world, there is no minimum stay requirement, to keep the five-year renewable residence permit, with the Greece Golden Visa. This flexibility allows the investor to keep their main business and lives in India, whilst obtaining a vital Plan B, a permanent residency in Greece, for their family in the future. The only requirement is to maintain the qualifying investment, and to renew the permit every five years.
Understanding the Investment Landscape: Greece Golden Visa Price and Options
The Greece Golden Visa Residency by Investment is primarily structured around real estate acquisition, though other financial routes are available. The program underwent key regulatory changes (effective as of September 1, 2024) which introduced tiered investment zones. It’s vital to grasp these changes to determine the exact Greece Golden Visa price that applies to your desired location.
Real Estate Investment Tiers:
Tier 1 (Minimum €800,000): This is the highest threshold and applies to areas of high-demand including the entire Region of Attica (Athens), Thessaloniki, the well-known islands of Mykonos and Santorini, and all islands of population over 3,100 people. The investment is in one property of a minimum of 120 m2. Short-term rentals are not allowed.
Tier 2 (Minimum €400,000): This is the threshold for all regions in Greece, outside of the high-demand zones, under the program. This property type encourages investment outside of metropolitan areas, and still requires one property of a minimum of 120 m2.
Tier 3 (Minimum €250,000 – Special Projects): This is a lower investment in level for special projects, regardless of its location. This could include converting commercial properties to residential use or full restoration of municipal or listed heritage properties including those listed under such projects. These options allow for lower-entry Greece Golden Visa price while allowing for new or renew high density properties in an urban center, town or city.
Alternative Investment Options of Greece Golden Visa:
The Greece Golden Visa program also offers substantial financial alternatives beyond real estate:
Fixed Deposit: A minimum deposit of €500,000 in a fixed-term deposit with a Greek credit institution for at least one year.
Greece Government Bonds: You may purchase Greek government bonds, with a purchase of at least €500,000 and a minimum of three years to maturity.
Investment in a Fund: You can purchase at least a share/unit at €350,000 in a Capital Investment Company, a Real Estate Investment Company (REIC), or investment fund/mutual fund that only invests in Greek assets.
These two options present numerous opportunities and opportunities for Greece Golden Visa holders and will create an immediate way for those with a variety of investment options to have your chance to choose a choice.
Securing Your Family’s Future: Eligibility and Permanent Residency in Greece
The Greece Golden Visa is established as a family-inclusive program, which is an important attraction for applicants based in India. The application is easily submitted with the close family members, allowing the family to reside together in an EU country.
Family Members Included:
The spouse of the primary applicant or the registered partner.
Unmarried children of the applicant and spouse who are under the age of 21.
The direct ascendants (parents) of both the main applicant and their spouse.
The fact that an investment benefits several generations means that one investment can give the family unit a presence in Europe, with children being able to enjoy educational and travel benefits across Europe straight away.
Pathway to Permanent Residency in Greece and Citizenship:
The residence permit granted is valid for five years and is infinitely renewable, provided you maintain your initial investment. After holding the permit for five years, you become eligible to apply for permanent residency in Greece (a long-term resident status).
Moreover, the Greece Golden Visa offers a definitive pathway to Greek citizenship and an EU passport. Eligible for naturalization after seven years of legal residency in the country, which involves passing a Greek language and culture exam, as well as meeting some additional criteria, will lead to a Greek passport that carries a lot of weight around the world and provides excellent travel privileges. Just the fact that the Greece Golden Visa for Indians includes an option for citizenship after seven years means this is a truly future-oriented investment.
Your Trusted Greece Golden Visa Guide—How FRR Immigration Can Help You
Grasping the complexities of global Residency by Investment programs requires a unique skill set. At FRR Immigration, we know that obtaining your Greece Golden Visa is not a mere transaction; it is a transformational decision for your family. We have developed an integrated service delivery model that is client centric, from India, to provide clarity and ease for our clients while facilitating an efficient and stress-free process.
So how does FRR Immigration assist your application to the Greece Golden Visa program?
Bespoke Investment Strategy: We create a unique bespoke strategy that accurately represents the current Greece Golden Visa price tiers and the diverse Investment Options of Greece Golden Visa, while ensuring that your funds have been appropriately, compliantly, and strategically placed.
Due Diligence and Compliance: We carry out accurate due diligence and compliance so you can rest assured that your documents meet the stringent requirements the Greek authorities expect, thereby increasing your chances of receiving a timely approval for permanent residency in Greece.
End-to-End Legal and Real Estate Support: We partner with accredited legal and real estate professionals in Greece to manage every step: from property sourcing that meets the program’s requirements and minimum square meter rule (120 sq.m.), to handling all legal formalities, including acquiring a Greek Tax Identification Number (AFM), opening a bank account, and completing the property title transfer.
Application Submission and Renewal: We complete the review and submission of the full residence permit application file for the entire family and provide meaningful assistance in the five-year renewal, so you can retain residency with ease.
Focus on the Greece Golden Visa for Indians: We have experience working with applicants from India, so we understand unique documentation and regulatory details in your home country regarding international capital.
By engaging FRR Immigration as your Greece Golden Visa Guide, you have an accountable partner, moving with clarity and professionalism to ensure your future in Europe is secure.
Ready to secure your family’s European future with the Greece Golden Visa?
Contact FRR Immigration today for a confidential consultation and take the first step toward securing your permanent residency in Greece.
Frequently Asked Questions (FAQ)
Q: What is the minimum investment for the Greece Golden Visa?
A: The minimum investment for the Greece Golden Visa real estate option is tiered, starting at €250,000 for specialized projects, €400,000 for standard regions, and €800,000 for high-demand areas like Athens and Santorini.
Q: How long is the residence permit valid?
A: The initial permit is valid for five years and is renewable every five years thereafter, provided the qualifying investment is maintained.
Q: Do I have to live in Greece?
A: No. There is no minimum stay requirement to maintain your Greece Golden Visa Residency by Investment. You are only required to visit Greece once to provide your biometric data.
Q: Can I include my family in the application?
A: Yes, the permit is family-inclusive. It covers the spouse, unmarried dependent children under 21, and the dependent parents of both the main applicant and their spouse.
Q: Does the visa lead to citizenship?
A: Yes, the program provides a pathway to Greek citizenship. After seven years of continuous legal residence in Greece, Golden Visa holders may apply for naturalization, subject to passing a Greek language and culture test.
Q: Can I rent out the property I buy?
A: You are generally allowed to rent out your property on a long-term basis. However, short-term rentals (like Airbnb) are strictly prohibited for properties acquired under the new rules.
Q: Is this a direct route to an EU passport?
A: No, the program grants legal permanent residency in Greece first. It is not an instant citizenship program but offers a defined, long-term pathway to eventual Greek citizenship through naturalization.
