The Golden Visa of Greece

Last Update November 13, 2024

The investment program that allows an individual or family to migrate to Greece.

Tourism into Greece is a major industry of the country, and it is the source of a slightly different phenomenon: foreign nationals come for a visit and discover they want to move to Greece – but how? The "Golden Visa" system is a way some European countries make it relatively simple and straightforward to come and legally reside – but at a price.

Beginning August of 2024 Golden Visa price changes:

Tier I areas (like Attica, Thessaloniki, Mykonos, Santorini, and the islands) the minimum costs will likely be Euro €800,000 (was €500,000).

Tier II covers all other regions of Greece with an expected cost of €400,000 (up from the current €250,000).

There is still a €250,000 Golden Visa category that pertains to investments, but not to real estate.

Official Greek gov't pages:

Migration to Greece/Golden Visa [Greek]

Ministry of Migration and Asylum [English]

An alternative to the Golden Visa program is a Financially Independent Person (FIP) Visa. August 2024 story on this at Forbes. To read more about the FIP Visa see this section.

How to get a Golden Visa

October 23, 2024 Story at UK The Times [English]

Golden Visa demand jumps upward from Middle East instability

October 14, 2024 Story at Imerisia [Greek]

The changing (and ending) of the Golden Visa in Europe – Euroweeklynews

June 8, 2024

Italy, Greece, Malta and Hungary are changing their plans while Spain, Portugal and the Netherlands have ended theirs. The Greek Golden Visa plan doesn't currently require actual residency in Greece while holding a "Golden Visa."

The August 31 change to Greece's Golden Visa Program and the cost increase for real estate purchases

June 1, 2024: Story at Asian News International [English]

Southern Europe Golden Visa era coming to an end?

"Foreign investment has led to skyrocketing housing costs."

May 9, 2024: Story at Businesss Insider [English]

The most attractive migration schemes in 2024

A discussion of the residency and long-term investment/residency programs in the countries Malta, Portugal, Greece, Antigua and Barbuda, Grenada and Spain. Story at Businessday – March 2024

The massive cost change in Greece's Golden Visa program in 2024 – VOA News

March 2024: A leap to over $800K in costs for the "Golden Visa" is only applied to certain high-in-demand locations within Greece.

Greece has one of the last Golden Visa programs, and it is changing

February 25, 2024: Story at Africa News [English]

Investment fee for Golden Visa going up to €800,000 for certain areas

February 9, 2024: Story at Reuters [English]

Greece has announced new measures to protect locals from a deluge of mainly Chinese nationals purchasing homes and property in exchange for residency rights in the West — what is commonly known as a “Golden Visa” scheme. – VOA News Feb 2024