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title: Immigration Diligence | Greece Golden Visa
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# Greece Golden Visa

The Greece Golden Visa Program is one of the most affordable residence by investment programs that provides access to Europe. Successful applicants and their families are able to benefit from visa-free access to Europe’s Schengen Area.

As a member state of the EU, Greece offers its residents and citizens a number of reassuring benefits including high levels of safety and security, excellent education opportunities, robust healthcare options, and a dependable rule of law. Greece’s warm Mediterranean climate, desirable lifestyle, and cosmopolitan cities, coupled with the country’s growing, innovative business economy, have led many wealthy individuals and families to make this country their second home.

## Investment Requirement:

Applicants can choose one option in any one of the following categories:

Real Estate Investment

- €250,000: Specialized real estate investment allocated towards the conversion of commercial properties into residential use or the restoration of listed buildings, regardless of location or size
- €400,000: For the purchase of properties in Greece, the investment must be made in a single property with a minimum size of 120 m²
- €800,000: For the purchase of properties in Athens, Thessaloniki, and islands with more than 3,100 inhabitants

Other Options

- €250,000 investment in a startup company listed on the [Elevate Greece](https://elevategreece.gov.gr/) national registry
- 10-year time sharing or lease agreement for hotel accommodation or furnished tourist residences of at least €400,000 or €800,000 
- Fixed term deposit of at least €500,000 with a Greek credit institution
- Capital contribution of at least of €500,000 in a public limited real estate investment company that invests exclusively in Greece, increasing its share capital; or a closed-end investment company or mutual fund; or a Greek-based company for share capital increase or bonds issued for trading on regulated Greek markets or multilateral trading facilities
- Purchase of Greek government bonds worth at least €500,000 with a remaining maturity of at least three years, through a Greek credit institution
- Purchase of shares, corporate bonds, or Greek government bonds traded on regulated Greek markets or multilateral trading facilities, with an acquisition value of at least €800,000
- Purchase of shares or stocks with an acquisition value of at least €350,000 in a mutual fund exclusively

## Estimated Additional Fees

for Golden Visa applicants based on a €250,000 property conversion investment.

- Property transfer fee (3.09%) - €7,725
- Land registry fee (0.5-0.7%) - €1,750
- Notary fees (1.5-1.9%) - €4,650
- Application fee for main applicant: €2,000
- Application fee for each family member: €150 (children under 18 exempt)
- Biometrics and residence card fees - €16 per person
- Enrollment in Greek health insurance plan - €100 per person

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## Are you ready to begin your journey to Greece?

Our experienced financial analysts carefully review investment options to ensure they meet high standards and offer you the best possible returns.

[Contact Our Experts](https://immigrationdiligence.com/contact-us?hsLang=en)

### Application May Include:

The golden visa may be applicable to the whole family (legally married spouse, children under 21 years old, and parents of the main applicant and spouse)

### Application Processing Time:

8-12 months

### Residency Requirement:

There is no residency requirement to maintain the golden visa. The only requirement is that the investment must be maintained.

### Citizenship Requirement:

Golden visa applicants may apply for Greek Citizenship following 7 years of legal tax residency (183+ days per year spent in Greece). The applicant must also demonstrate moderate fluency in Greek and demonstrate knowledge of Greece’s history, society and culture.

## Go beyond the headlines and get the details

Check out our guides for what Americans can expect regarding life in Greece and a step-by-step breakdown of the process. 

[Life In Greece](https://immigrationdiligence.com/blog/about-greece?hsLang=en)[Greece Golden Visa Process](https://immigrationdiligence.com/blog/greece-golden-visa-process?hsLang=en)

![A modern, high-quality image howing a young American family standing at an airport with a suitcase, gazing at a large departures board listing destinations like Portugal, italy, greece, Costa Rica, and Canada. The backgro](https://immigrationdiligence.com/hs-fs/hubfs/A%20modern%2c%20high-quality%20image%20howing%20a%20young%20American%20family%20standing%20at%20an%20airport%20with%20a%20suitcase%2c%20gazing%20at%20a%20large%20departures%20board%20listing%20destinations%20like%20Portugal%2c%20italy%2c%20greece%2c%20Costa%20Rica%2c%20and%20Canada.%20The%20backgro.jpg?width=885&height=500&name=A%20modern%2c%20high-quality%20image%20howing%20a%20young%20American%20family%20standing%20at%20an%20airport%20with%20a%20suitcase%2c%20gazing%20at%20a%20large%20departures%20board%20listing%20destinations%20like%20Portugal%2c%20italy%2c%20greece%2c%20Costa%20Rica%2c%20and%20Canada.%20The%20backgro.jpg "A modern, high-quality image howing a young American family standing at an airport with a suitcase, gazing at a large departures board listing destinations like Portugal, italy, greece, Costa Rica, and Canada. The backgro")

Who all can be included

Extend your benefits to your spouse, dependent children, and dependent parents.

Residency Requirement

The Portuguese golden visa residency requirement is very flexible, making it an attractive investment migration option for Americans. You can maintain your residency with just an average of seven days per year in Portugal.

When some countries require investors to stay in the country at least six months per year, Portugal only requires seven days. This allows you to maintain your current lifestyle in the United States while fulfilling the golden visa requirements and working towards citizenship by essentially taking a week-long vacation to Portugal once a year!

Citizenship Requirement

After five years of legal “residency” under the golden visa program, applicants may apply for Portuguese citizenship or permanent residency.

To qualify for citizenship, in addition to fulfilling the five years of investment, applicants must also learn basic Portuguese to an A2 level. However, in lieu of a language test, applicants may also attend 150 hours of virtual Portuguese language lessons from a government-approved language school. Upon completion of the 150 hours, the applicant is considered to have satisfied the language requirement.

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