Benefits of the Greek Golden Visa
The Greek Golden Visa program offers several advantages to investors: - Residency Rights:
- Investors and their families can live in Greece without minimum stay requirements[1][2].
- Visa-Free Travel: Holders can travel freely across the 26 countries in the Schengen zone[1][2].
- Family Inclusion: The investor's spouse, children under 21, and parents of both the investor and spouse can be included[1].
- Access to Public Services: Golden Visa holders have access to Greek public healthcare and education systems[1][2].
- Pathway to Citizenship: Eligibility to apply for citizenship after seven years of residence[2].
- Investment Opportunities: Allows investors to tap into the Greek real estate market[1].
- Tax Benefits: Greece has double taxation treaties, offering potential tax optimization for international investors[1].
Investment Rates and Locations
The Greek government sets the investment thresholds for the Golden Visa program. As of March 2025, the rates are as follows:
Location
Investment Threshold
*Note: These rates are correct as of March 2025 and may be subject to change in the future.
The investment options include:
- Real Estate Purchase: Minimum investment varies based on location and property type[1][4].
- Hotel Lease Agreement: €250,000 for a 10-year lease[4].
- Alternative Fund Investment: €350,000 in funds focused on immovable assets[4].
- Greek Mutual Fund Investment: €350,000 in funds investing in Greek corporate or government bonds, or shares[4].
- Greek Company Shares or Bonds: €500,000 investment[4].
- Greek Government Bonds: €500,000 investment with a minimum 3-year maturity[4].
Future of the Gold Visa Plan
The Greek Golden Visa program continues to evolve:
- Extended Deadline: The government has extended the deadline for completing property contracts under previous thresholds to February 28, 2025[3].
- Increasing Popularity: There's growing interest in the program, with 12,577 initial applications submitted in October 2024, a 12% increase from the previous year[5].
- New Investment Categories: Plans to introduce startup investments as a new option in 2025, with a €250,000 threshold[1].
- Adjustments to Investment Thresholds: The government has implemented and plans further adjustments to investment thresholds based on location[1][3].
- Measures to Manage Impact: The government limits the number of properties a single investor can buy in a given area to prevent dramatic price increases that could price out local populations[3].
These changes indicate that the Greek government is actively managing and adapting the Golden Visa program to balance attracting foreign investment with protecting local interests and maintaining the program's sustainability.
Sources:
[1] https://theluxuryplaybook.com/what-you-should-know-about-greek-golden-visa/
[2] https://www.thegoldenportugal.com/greece-golden-visa/
[4] https://www.d7visa.com/greece-golden-visa/
[6] https://visaindex.com/golden-visa/greece/
[7] https://getgoldenvisa.com/ultimate-guide-to-greece-golden-visa
[8] https://www.nordichq.com/residence-by-investment-programs-compared/
[9] https://www.goldenvisas.gr