Effective September 1st 2024, the Greece Government has specified in Article 100 of Law 5038/2023 as amended by the new modification in March the following investment categories for residential real estate to qualify for Greek Golden Visa.
The Greek Golden Visa Program, initiated in 2013, presents an exclusive chance for non-EU citizens and their families to acquire a five-year residency by investing in real estate. Through this program, investors can gain a renewable Greece Residence Permit, enabling them to enjoy extended stays in the country.
To qualify for the Greek Residency, the Government has stipulated two different property investment category levels for Residential Real Estate, depending in which area it is located in.
Al Layah has an inventory of pre-checked projects to ensure all necessary permits are in place to qualify an applicant for the Residency visa. The inventory is continuously updated according to availability and new offers. Investors must purchase the property before submitting the Residency application..
Al Layah ensures the highest success rates through experience and a solid track-record with the different Governments. Every year, we help hundreds of individuals and families to acquire a second residency or citizenship by investment. Al Layah successfully helped clients from over 85 countries around the globe. Most importantly, we have a long-term view of ‘client-advisor’ relationships and commit to our clients for life.
The average processing time to obtain Greece Residence Permit is 2-3 Months.
Real Estate Investment
Greece residency allows visa-free access to Europe including 29 countries in the Schengen zone.
Applicants must invest a minimum of €250,000 in real estate to obtain the Greek Golden Visa.
Spouses and children below 21 years old. Parents and Parents-in-Law may qualify as well.
Residing in Greece is not a required.
An interview or language proficiency test is not required.
There is no requirement for education or management experience.
The Greek Golden Visa offers visa-free travel within the Schengen area without further documentation or visas.
The program also allows you to stay in any other Schengen country for up to three months every six months, with the right to multiple entries.
Non-residents are not subject to income tax in Greece, except for rental income generated from the property in Greece.
Irrevocable European Citizenship and passport after 7 years of receiving a taxable income in Greece and subject to proving a strong bond with the country & passing specific tests such as the Greek Citizenship Test which covers Greek language, politics, history and culture.
To qualify for Greek residency, the Government has stipulated specific investment categories for residential real estate. Al Layah offers an inventory of pre-approved projects to ensure that all necessary permits are in place, qualifying applicants for the residency visa. This inventory is continuously updated based on availability and new opportunities. Investors must purchase a property before submitting their residency application.
Effective September 1st 2024, the Greece Government has specified in Article 100 of Law 5038/2023 as amended by the new modification in March the following investment categories for residential real estate to qualify for Greek Golden Visa.
There are government fees to pay in addition to acquiring real estate.
Along with the required investment, there are additional costs associated with the Greece Residency by Investment Program. These include Al Layah’s professional fees, document certification fees (where applicable), courier charges, and other minor disbursements. For more details, please get in touch with us.
At Al Layah Tours, we specialize in assisting individuals and families in securing the Greece Golden Visa, introduced in 2013, which offers a five-year residency to non-EU citizens through real estate investment. This unique opportunity allows investors to stay in Greece for extended periods and renew their residency permits. Whether you’re interested in properties in vibrant urban centres or peaceful coastal areas, we ensure a smooth and stress-free process—from property selection to application submission.
With years of experience and a strong network of legal advisors, Al Layah Tours provides expert guidance tailored to your needs. Our trusted relationships with Greek government officials and legal partners ensure that your investment is fully compliant with the program’s regulations. We offer exclusive access to a continuously updated portfolio of pre-approved properties, so you can be sure your investment qualifies for the Golden Visa. From handling documentation to managing every step of the application process, we are committed to making the journey easy and efficient. With a proven track record of success and satisfied clients from over 85 countries, Al Layah Tours is here to provide ongoing support, ensuring your future in Greece is secure.
The Greece Golden Visa program, introduced in 2014, has become one of the most sought-after residency-by-investment programs in Europe. It offers non-EU/EEA citizens the opportunity to gain Greek residency through investment, typically in real estate. This program has gained substantial international attention and attracted a large number of global investors, making Greece a prime destination for residency through investment.
As of December 31, 2021, a total of 28,767 residence permits had been issued to investors and their families, demonstrating the program’s widespread appeal. By 2023, more than 31,000 Golden Visa permits had been granted, which includes both main applicants and their dependents. These applications have injected over €2.6 billion into the Greek economy, with most of the investments directed toward real estate.
The Greece Golden Visa is popular because of its attractive benefits including:
To qualify for the Greece Golden Visa, applicants must meet the following criteria:
Notablyas of 2021, applicants no longer need to visit Greece in person to start their application, which has made the process even more accessible for international investors.
The Greece Golden Visa has attracted a diverse range of nationalities. The top countries from which applicants have applied include:
China: 7,186 applicants
Turkey: 912 applicants
Russia: 756 applicants
Lebanon: 592 applicants
Egypt: 419 applicants
Iran: 194 applicants
Iraq: 135 applicants
Ukraine: 112 applicants
USA: 103 applicants
Jordan: 86 applicants
Other nationalities: 807 applicants
The Greece Golden Visa program has become increasingly popular due to its flexibility and significant advantages. Investors are not required to live in Greece, and it provides them with access to the Schengen Zone, allowing visa-free travel across many European countries. Additionally, the program offers a pathway to permanent residency and potential citizenship after several years of holding the visa.
If you’re considering applying for the Greece Golden Visa, Al Layah Tours LLC can provide you with expert guidance throughout the process. With a proven track record in helping UAE residents with visa applications, Al Layah Tours ensures a smooth and professional experience, assisting with documentation, medical insuranceand other requirements to meet the program’s eligibility criteria.
At Al Layah Tours, we specialize in visa consultations, helping you navigate the complex requirements of international residency programs like Greece’s. Whether you’re an investor looking for opportunities or someone aiming to explore new destinations, our team will help you secure the best travel packages, visa assistance, and comprehensive support for all your needs.
The Greece Golden Visa is a key player in Europe’s residency-by-investment market, providing investors and their families with unparalleled access to Europe, a growing real estate marketand the prospect of permanent residency. The program’s success is clear from the high number of applications and the broad range of nationalities participating.
For those interested in exploring Europe while securing a residency permit, the Greece Golden Visa presents an excellent opportunity for global investors. Partnering with Al Layah Tours LLC, you can be assured of professional assistance in every step of the process, making it easier to meet all the requirements and enjoy the many benefits of this prestigious program.