Applicants must have no criminal record.
Applicants must be citizens of a non-EU country.
Applicants must obtain qualifying health insurance coverage in Greece.
Invest at least €250,000 in eligible properties, such as commercial-to-residential conversions or designated historic buildings requiring restoration.
Applicants are subject to applicable financial due diligence and anti-money laundering requirements.
Effective Date: September 1, 2024
| Requirements | € 250,000 | € 400,000 | € 800,000 |
|---|---|---|---|
| Location | No geographical restrictions | Other regions of Greece | Attica (including Athens), Thessaloniki, and islands with a population exceeding 3,100 |
| Property Type | Commercial-to-residential conversions, industrial building conversions, or restoration of listed historic buildings | No specific property type restrictions | No specific property type restrictions |
| Number of Properties | One property | One property | One property |
| Minimum Property Size | No minimum size requirement | 120 m² or above | 120 m² or above |
| Rental Restrictions | Long-term rentals only | Long-term rentals only | Long-term rentals only |
Under Greece’s updated Golden Visa Program, investors may qualify for residency through a minimum €250,000 property investment involving the conversion of commercial or industrial buildings into residential properties, or the restoration of designated historic buildings. Industrial buildings must have remained vacant for at least five years.
A commercial-to-residential conversion project involves purchasing a commercial property and legally converting its designated use into residential accommodation, meeting the eligibility requirements of the Golden Visa Program.
If you have any inquiries, please provide details of your questions below. Our team will reach you as soon as possible.
