In one sentence
The Greece Golden Visa has area-based thresholds of EUR 250,000 to 800,000, giving five-year renewable residence with no stay requirement; the property can be let long term.
Who it suits
- People wanting European residence through property
- Those wanting status without living there
- Investors who value long-term rental yield
Who it may not suit
- Anyone wanting short-term lets
- People needing to work in Greece
Main requirements
- Qualifying real estate bought according to area (EUR 250,000 to 800,000)
- For the EUR 400,000 and 800,000 routes, a single property of at least 120 square metres
- For the EUR 250,000 route, conversion work completed before applying
- The property may not be used for short-term letting
- No criminal record, and health insurance
Timeline
| Step | Timing | What happens |
|---|---|---|
| Assessment and property search | 1–2 months | We shortlist qualifying properties by budget and area. |
| Purchase | 1–3 months | Obtain a tax number, open an account and complete the purchase. |
| Application | Per scheduling | Submit the residence application and register biometrics. |
| Residence card | Depends on processing | Once approved, collect your five-year residence card. |
Common myths
| Myth | Reality |
|---|---|
| EUR 250,000 applies everywhere | Only to conversions or restorations. |
| You can use short-let platforms | Short-term letting isn’t allowed. |
| You must live in Greece | There’s no minimum stay. |
Checklist before you apply
- Choose an area for your budget
- Confirm a single 120 m² property (EUR 400,000 and 800,000 routes)
- Assess long-term rental yield
- Confirm family eligibility
Our advice
Choosing the right area for your budget beats chasing popular cities — judge property by long-term yield.
Every family’s background and timeline is different — book a free consultation and a consultant will assess your situation.
Learn more: Greece Golden Visa