Greek Golden Visa Through Property: Requirements, Amounts & Steps

What does the golden visa actually give you?

By purchasing an eligible property, you and your family (spouse, children up to 21, and both sets of parents) receive a 5-year Greek residence permit, renewable for as long as you own the property. It gives free movement across the Schengen area with no obligation to live in Greece.

Know the two limits from day one: the golden visa itself does not grant the right to employment in Greece (running a business or investing is fine), and citizenship is not automatic — a passport requires years of genuine residence and further conditions.

Minimum investment — it depends on the region

Since the 2024 reforms the threshold is regional: high-demand areas such as greater Athens, Thessaloniki and populous islands carry a higher minimum, while other regions are lower. There is also a cheaper route for restoring or converting certain listed buildings.

Because these figures and conditions (minimum size, short-let restrictions in some cases) keep being updated, check the current status of your target region with us before deciding — choosing the region is your biggest budget lever.

The steps, from choosing a property to the residence card

Our standard path for clients:

• Assess budget and goal (living, letting, residency only) and choose the region
• In-person or virtual viewings + full legal title check by a lawyer
• Obtain a Greek tax number (AFM) and open a bank account
• Transfer funds through a traceable route and sign before a notary
• File the residence application, biometrics, and receive the 5-year card

Side costs to include in the budget

Beyond the property price, set aside roughly 8–12% for side costs: transfer tax, lawyer and notary fees, registration duties, and the residence application fee per person. If the property is rented out, that income is taxed in Greece — plan the tax side in advance.

Who is this route right for?

If you want a reliable plan B for the family, prefer to hold capital as European property, and are not in a hurry to migrate for work, the Greek golden visa is one of Europe's best-value options. If your goal is working and earning in Europe, other routes (job offer, startup, study) probably fit better — the free initial consultation makes exactly this clear.