Greece Residence by Investment
A Flexible European Residence Strategy
Residence planning for non-EU investors seeking a renewable Greek permit through qualifying investment.
Key Highlights
Tiered Property Thresholds
The main real-estate thresholds are €800,000 in designated high-demand areas and €400,000 in other areas, generally through one property of at least 120 square metres.
€250,000 Special Routes
A €250,000 threshold may apply to qualifying commercial-to-residential conversions and restoration of listed buildings, subject to statutory conditions.
Five-Year Renewable Permit
The residence permit is generally valid for five years and may be renewed while the qualifying investment is retained.
Family Inclusion
Eligible family members may include a spouse or partner, unmarried children under 21, and parents of the applicant and spouse, subject to current rules.
No Minimum Stay to Maintain
There is generally no minimum stay requirement to maintain the investment residence permit, although citizenship follows separate residence and integration rules.
Residence, Not Citizenship
The investment grants residence rights rather than automatic citizenship. Naturalisation requires a separate legal process and actual residence.
Program Overview
Greece’s investment residence framework is governed by the Immigration Code, Law 5038/2023, including Article 100, as subsequently amended. It provides renewable residence permits to qualifying third-country investors and eligible family members.
For real estate, the current structure includes an €800,000 threshold in Attica, the Regional Unit of Thessaloniki, Mykonos, Santorini and islands with more than 3,100 residents; a €400,000 threshold elsewhere; and certain €250,000 routes for qualifying conversions or listed-building restoration. The €800,000 and €400,000 routes generally require a single property with at least 120 square metres of main space.
Purchase price is not the total project cost. Taxes, legal and notarial expenses, registration costs, professional fees and any renovation costs must be assessed separately. All applications remain subject to document review and government approval.
Who It May Suit
The programme may suit non-EU families seeking a long-term base in Greece, renewable residence rights and greater mobility within the Schengen framework.
The appropriate route depends on location, property type, intended use, family composition, source of funds and long-term objectives. Short-term rental and property-use restrictions must also be reviewed before acquisition.
Investors should obtain legal, tax and property advice before committing funds. Orbitus coordinates the residence strategy and works with local licensed professionals through acquisition and filing.
Explore Greek Residence Options
Contact Orbitus for a confidential assessment of the applicable investment threshold, family eligibility and implementation strategy.
