Greece’s Golden Visa.
What You Need to Know.

Greece's Golden Visa programme grants a five-year renewable residency permit to non-EU nationals who make a qualifying investment in Greece. The programme has attracted billions of euros in foreign investment since its launch in 2013, and has been consistently ranked among the most attractive residency-by-investment schemes in Europe.

The permit grants the right to live, work, and travel freely within the Schengen Area — and can lead to Greek citizenship after seven years of residency.

The 2025 reforms introduced tiered investment thresholds based on location. In Athens, Thessaloniki, Mykonos, and Santorini — the most sought-after markets — the minimum investment was raised to €800,000. In other areas of Greece, the threshold remains €400,000.

The reforms also introduced new restrictions on short-term rental conversions, designed to address housing affordability concerns in major cities. Investors should take careful legal advice before proceeding.

Despite the higher thresholds, demand for Golden Visa-qualifying properties in Athens remains strong. The city's property market has outperformed most European capitals over the past five years, and yields in emerging neighbourhoods such as Kypseli, Votanikos, and Gazi continue to attract sophisticated investors.

Beyond Athens, the Greek islands — particularly Crete, Rhodes, and the Ionian Islands — offer strong rental yields and long-term capital appreciation potential.