The Greek Golden Visa: Current Rules and What They Mean for Buyers
The residency-by-investment program in its current form, threshold zones, and its practical effect on the property market.
The Program in Brief
Greece grants a five-year renewable residence permit to non-EU nationals who purchase qualifying real estate. The permit covers the investor's immediate family and allows free movement within the Schengen area. There is no minimum stay requirement to maintain it.
Thresholds by Zone
The minimum investment depends on location. Higher thresholds apply in central Athens, Thessaloniki and the major islands, while lower thresholds apply in the rest of the country. Rules have changed several times in recent years, so the applicable threshold and any conversion or size conditions must be verified for the specific property at the time of purchase.
Market Effect
The program creates a persistent layer of international demand at the qualifying price points. For sellers and agents this is a structural support for values in eligible zones; for buyers it means the segment above the threshold behaves differently from the purely local market below it.
This guide is general information, not legal, tax or investment advice. Figures are indicative and change with regulation. For a answer specific to your situation, contact us.