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Residency By Investment in Greece


Residency by Investment

Type of Investment 

Real Estate

Minimum Investment

€ 250,000

Time to Residency

20 - 50


Visa-Free Travel



About Greece Residency Program

In the year 2013, the government of the Hellenic Republic (Greece) announced its first-ever Residency by Investment Program for foreigners. You can become a Permanent Resident in Europe within 2 months by investing in the real estate market of Greece an amount of a minimum of €250,000. The Permanent Residency Permit is issued for a term of 5 years and can be renewed every 5 years as long as you own the property. You do not have to stay in Greece any minimum period every year neither in order to be regarded as a permanent resident nor to renew the permit every 5 years. This permit comes with a variety of opportunities & benefits.

Citizenship by Investment Options

There are 2 options only that are available for investments in real estate in Greece for obtaining a Permanent Residency Permit.

Option 1

Real Estate Acquisition for a minimum value of €250,000.

In this option, you will be granted a 5-year residency permit. You can buy multiple properties summing up to a minimum value of €250,000. The residency permit can be renewed every 5 years as long as you own the property.

Option 2

Real Estate Lease or Real Estate Timeshare for a minimum value of €250,000.

In this option, you will be granted a 5-year residency permit. The lease must be either taken up for at least 10 years or the investment must be in a timeshare for hotel accommodation including furnished tourist residences in a combined tourist facility. The tourist facility must be registered with the Greek National Tourism Organization (GNTO).

Highlights of the Greece Residency Program by Investment

  1. You will get Residency in just 60 days.

  2. The cost of obtaining residency in Europe is the lowest in Greece.

  3. You can have visa-free travel to Schengen Zone for 90 days within any six-month period.

  4. Your entire family is Eligible for Permanent Residency.

  5. You don’t have to stay in Greece either prior to obtaining or after obtaining it.

  6. State of the Art schooling for your children at lower tuition fees of the European Union.

  7. You and your family can avail of the free health services of the government of Greece.

A step-by-step guide to obtaining a Permanent Residency Permit in Greece

  1. Talk to PR executives of Powerful Passports.

  2. Evaluate Investment Options in Greece.

  3. Submit Documentation to the Powerful Passports executive.

  4. Submission of Application by Powerful Passports.

  5. Due Diligence by the Greek Authorities.

  6. Issue of Permanent Residency Permit.

Talk to PR executives of Powerful Passports


On our website, you will find our contact numbers and email Id. You can contact us and we will connect you to the best PR executives from our company. Also, you can leave your contact details by filling up the form on our website and our executives will contact you. They are experts in all the available PR programs in the European countries and the Caribbean Islands. 


To apply for PR in any country you must be at least 18 years of age and should have clean criminal records. You being the main applicant can apply also on behalf of your dependents and family members.


Evaluate Investment Options in Greece


Our PR executives will bring to you all the information regarding eligible real estate investments, their pros & cons, terms and conditions, and finally, you can do an evaluation of each of the choices and decide on which one to go with. 


Submit Documentation to the PR Executive from Powerful Passports 


Our PR executive will provide you with an exhaustive list of documents that are required to be submitted along with the application. We will check each document and make sure they align with the compliance requirements. Once the documents fall in line with the requirements we will submit your application along with those documents to the Directorate of Foreign Citizens and Immigration. 


Once the application is submitted a proof of submission will be issued to the applicant. The validity period of this proof of submission is 12 months from the date of issuance. This document will make you eligible to travel to & from Greece as many times as you need during this period. 

Due Diligence by the Greek Authorities 


The Directorate of Foreign Citizens and Immigration will take a maximum period of 60 days to do their due diligence. 


Issue of Permanent Residency Permit


The Secretary-General of the Decentralised Administration will review your application and you will be notified as soon as it is approved. They will issue you a Permanent Residency permit for a period of 5 years that will be renewable every 5 years until you apply and receive citizenship in Greece. This will allow you to stay in Greece for a period of 5 years and move around in the Schengen zone without any visa. 

Greek Permanent Residency Permit Holder can travel Visa-Free to 25 European Countries

If you hold a permanent residency permit in Greece, you can travel without a visa to 25 countries within the Schengen Zone. These countries are

  • Austria

  • Belgium

  • Czech Republic

  • Denmark

  • Estonia

  • Finland

  • France

  • Germany

  • Hungary

  • Iceland

  • Italy

  • Latvia

  • Liechtenstein

  • Lithuania

  • Luxembourg

  • Malta

  • Netherlands

  • Norway

  • Poland

  • Portugal

  • Slovakia

  • Slovenia

  • Spain

  • Sweden and

  • Switzerland

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