Fully compliant with the current legislation.
(€349-399k)
Falls under the Share Capital or Fund category (not considered real estate)
Developer loan option available (up to €50,000)
Upfront returns of €101,000
Buyback guarantee or option to keep an apartment in year 6
Free stays benefit: 4 weeks per year
Combines EU citizenship with profitability
(€325k)
Invest in a hotel chain with 9 operating hotels
Falls under the Share Capital category (not considered real estate)
Developer loan option
Buyback guarantee at year 6 of €375,000
Free stays benefit: 3 weeks per year
Net Cashflow +€50,000 (325 out, 375 in)
Investment in CMVM-regulated Portuguese funds
Fully compliant and time-tested structure
Broad selection of funds: varied risk/return profiles
ROI plus potential return of capital
Potential for the highest long-term financial return
Combines EU citizenship with investment growth
Under the investment fund category.
“Donation-style”, no uncertainty.
Private financial lender
Permanent residency from €250,000, for you, your spouse, children, parents and parents in law. The card renews every 5 years, for life, while the investment is held. No need to live in Greece, or even visit.
Matias Aguayo runs a private investment migration practice alongside serving as a Sr. RCBI Consultant for Lincoln Global Partners, a world renowned Dubai based investment migration firm and member of the Investment Migration Council. Greek filings are lodged by licensed counsel on the ground in Greece.
On 6 September 2026 the Greek Prime Minister announced that property transfer tax for buyers from outside the EU will rise from 3.09% to 15%, effective 1 January 2027. Rumours suggest it could be pushed to 1 July 2027.
We will map your timeline against the dates that are actually confirmed. The only certainty is that Golden Visa programmes rarely get cheaper or easier with time.
On real estate the amount depends on where and what you buy. Each route needs one qualifying property.
Conversion projects, commercial to residential, or the restoration of listed buildings.
Purchase of one property with a minimum size of 120 sqm.
Islands with more than 3,100 inhabitants included.
Instalment options are usually available, depending on the developer and project.
Running since 2013. Nearly 50,000 permits issued, over €4 billion in foreign direct investment, and a record 9,407 applications in 2024. Open to all non EU citizens with no criminal record.
Most clients aim to qualify at the €250,000 minimum. Approved conversion projects are limited, so demand outruns supply and the best ones sell out early, usually off plan.
Prices follow that pressure. Converted units are often priced well above comparable residential space on the open Greek market.
Fairly priced conversions do exist. Finding one means comparing a large number of units against real market data, not one developer's word.
You screen the catalogue yourself, unit by unit, and see which prices hold up against the local market and which carry a Golden Visa premium.
What you need, and which route answers it. If Greece is the wrong answer I will say so.
Shortlist from the catalogue, calls with the developers and a site visit, in person or online. Then a 10% deposit and the reservation agreement.
Power of attorney, tax number and bank account handled with local counsel.
Application and white paper, biometrics in Greece, then the card. Then renewals, property management, furnishing and soft landing.
From the moment the deeds are transferred and the application made, the card is issued 1 to 4 months after biometrics, depending on the office selected. We recommend filing in faster offices to stay inside the 2 month objective timeline. Only one visit to Greece is obligatory, for the biometrics appointment. Everything else is handled by us and the appointed legal representatives on the ground.
The residency is permanent. The plastic card is valid 5 years at a time and renews for life while the investment is maintained.
Renewals are done remotely by you or your representative. Government fees are €2,000 for the main applicant and €150 per dependant over 13, and processing takes 2 to 4 months.
An application can only be submitted after 7 calendar years of permanent and legal residence in Greece, during which you must also be a Greek tax resident, with a B1 Greek certificate.
Holding the card from abroad does not build toward it. Greece accepts dual citizenship, so you keep your original nationality.
Holders and their family cannot work as employees in Greece. Self employment and business ownership are permitted, and you can hold a Greek company as shareholder or non executive director.
Full EU work rights come with citizenship, not the card.
A Golden Visa property cannot be listed on Airbnb or similar. A minimum lease term of one year is mandatory.
Long term letting is allowed. Many projects offer an optional rental guarantee, typically 3% to 4% per annum, some paid upfront. Letting it yourself can return more. Many clients still take the guarantee, giving up some yield for peace of mind and a fully passive investment.
Chilean and Spanish citizen, and a Portuguese resident. A global citizen myself, living between the Southern Cone and Iberia. Five years in investment migration, specialising in both European and Latin American residency by investment.
Clients guided to residency and citizenship from 25 different countries across Europe, Latin America, the Caribbean, the Pacific and Africa.
No. There is no minimum stay, so you do not have to live in Greece or even visit to maintain it. The card is valid 5 years at a time and renews perpetually while the investment is maintained.
Physical residence only matters if you later pursue citizenship, which is a separate decision.
It is a specialised route for conversion projects, commercial to residential, and for restoring listed buildings. It qualifies regardless of location or size, which no other real estate route does.
The developer handles the renovation, not you, and the project must already hold approved permits for change of land use.
Because the premium is uneven. Approved projects are limited and demand exceeds supply, so some developers price accordingly and others do not, usually where they work at volume or the location is less obvious.
The only way to tell them apart is to compare a lot of units against real comparables. If nothing stands up on value I will tell you to look at the €400,000 route or wait, and explain why.
On a €250,000 unit the transfer tax moves from about €7,725 to €37,500. It is announced and not yet legislated, so we confirm the position in writing once the text is published and build your timeline around the rules in force when you sign.
Your spouse or registered partner, single children under 21, your parents and your parents in law, with no dependency conditions on the parents. Applications can be submitted together and every permit carries the same validity as yours.
Children between 21 and 24 move to their own 3 year permit at renewal. After 24 they need their own solution, which can be their own application with you as their dependent parent.
Long term, yes. It cannot be listed on Airbnb or similar, and a minimum lease term of one year is mandatory. There is no obligation to live in it.
Many projects come with an optional rental guarantee, typically 3% to 4% per annum, and some pay the income upfront for a 3, 5 or 6 year contract. Letting it yourself can return more, but the guarantee keeps the investment passive.
The card is issued 1 to 4 months after biometrics, depending on the office selected. Timing also depends on how fast documents reach the lawyers and your family's availability for biometrics.
Only one visit to Greece is obligatory, for the biometrics appointment. If your passport does not allow entry, the white paper receipt issued after the online application serves as a temporary permit for that trip.
Government processing is €2,000 for the main applicant and €150 per family member over 13, for issuance and renewal. Under 13 are exempt. Card printing is €16 per person. Health insurance is mandatory for everyone on the application and runs €100 to €350 per person per year.
Acquisition costs are transfer tax, land registry and notary. Once a property is selected I calculate the exact figure. These amounts are updated yearly by the Greek authorities.
The Golden Visa grants a residence permit, not automatic tax residency. That only applies if you spend 183 or more days a year in Greece, or Greece becomes your centre of vital interests.
Holders who are not tax residents are taxed only on Greek income, which for most investors means rental income, at a flat 15% up to €12,000 a year. General information, not tax advice.
Yes, within limits. The entity must be based in the EU or EEA, Greece included, it must fully own the property at the threshold for the route, and you must own 100% of the shares with no other shareholders.
The guide and the current unit catalogue arrive in your inbox straight away, then you pick a time on my calendar. Thirty minutes, no obligation.
Both arrive in your inbox straight away, then you can book a call. No obligation.