Greece grants investors a residence permit renewable every 5 years through its Golden Visa (MRP) program, with investment thresholds and conditions substantially revised by a 2024 law. The program offers residence in Greece, convenient Schengen travel, and a high standard of living.
Greece grants investors a residence permit renewable every 5 years through its Golden Visa (MRP) program, with investment thresholds and conditions substantially revised by a 2024 law. The program offers residence in Greece, convenient Schengen travel, and a high standard of living.
€800,000: properties of at least 120 sqm in high-demand areas such as Athens, Thessaloniki, Mykonos, and Santorini.
€400,000: properties of at least 120 sqm in other areas.
€250,000: converting commercial property to residential, or restoring heritage buildings.
€250,000: invest in a startup registered with the Greek government.
Requirements: investor's stake capped at 33%; at least 2 jobs created within a year of investment, maintained for at least 5 years.
€500,000: shares or corporate bonds of Greek companies, or funds investing in Greece.
€500,000: Greek government bonds (minimum 3-year maturity).
€500,000: term deposit with a Greek bank for at least 12 months (auto-renewing).
Note: Under the 2024 reform (Law 5100/2024), the minimum for financial investment options such as deposits, bonds, and shares was raised to €500,000.
Pick one of the options above and arrange the required capital.
Open an account for investment and fund transfer purposes.
Carry out the chosen investment and lodge the required paperwork.
After review, the Golden Visa is granted.
The Golden Visa has no stay requirement, but citizenship requires at least 7 years of actual residence in Greece and passing the Greek language and history exam, among other naturalisation requirements.
Under the 2024 reform, property thresholds rose to €800,000 in Athens, Thessaloniki, Mykonos, Santorini, and islands with more than 3,100 residents, and to €400,000 elsewhere; the property must be at least 120 sqm.
Investors must keep the qualifying investment for as long as they hold the permit; selling or withdrawing it early may lead to revocation.
Properties acquired through the Golden Visa cannot be used for short-term rental (e.g., Airbnb); violations can incur penalties.
Under Korea's Nationality Act (Article 15), a Korean national who voluntarily acquires foreign citizenship generally loses Korean nationality automatically, so nationality implications must be reviewed before planning to acquire citizenship.
Applicants must be at least 18 years old and in good health.
Applicants must have no criminal record in Greece or their country of residence; a record may lead to refusal.
Meet the minimum investment threshold for the chosen route, with lawful proof of source of funds.
There is no minimum stay requirement to keep the Golden Visa. Citizenship, however, requires meeting separate naturalisation requirements, including at least 7 years of actual residence.
Spouse, children under 21, and the parents of both spouses may be included.
Schengen travel:
Live in Greece and travel visa-free in the Schengen Area for up to 90 days in any 180-day period (this does not grant residence in other EU countries).
Tax system:
Special regimes, such as a €100,000 flat tax on foreign income for high-net-worth individuals relocating to Greece, may be available subject to requirements.
PR and citizenship pathway:
Eligible to apply for citizenship after 7+ years of actual residence and meeting naturalisation requirements.
Family inclusion:
Spouse, children, and other direct family members may be included.
High quality of life:
Safe environment, excellent healthcare, and strong education system.
Greece's Golden Visa program offers flexibility through diverse investment options. Beyond real estate, you can invest in startups or established companies — opportunities that benefit Greek economy and your portfolio alike. It provides residence in Greece and a long-term pathway to citizenship, paired with the safety and quality of life Greece is known for.
Yes. Under the 2025 revision, high-demand areas such as Athens, Thessaloniki, Mykonos, and Santorini require €800,000 for a property of at least 120㎡, while other regions require €400,000 for the same size. Converting a commercial property to residential use or restoring a listed heritage building qualifies from €250,000.
Yes. Investing €250,000 in a Greek government-registered start-up qualifies, subject to holding no more than a 33% stake, creating at least two jobs within one year, and maintaining those jobs for at least five years. Other routes are €400,000 in company shares or bonds, €400,000 in Greek government bonds with a minimum three-year maturity, and a Greek bank deposit held for 12 months or more at €400,000, or €350,000 under the lower-tier deposit option.
No. Property acquired through the Golden Visa program cannot be used for short-term rentals, and violations can trigger fines. The investment itself must also be held for at least five years, and withdrawing early affects eligibility.
The stay requirement for maintaining the Golden Visa is light: a minimum of seven days in Greece after obtaining it. Citizenship is a separate matter and can only be applied for after meeting a five-year residence requirement.
Yes. A spouse and children can be included in the same application. Children may be included if they are 18 or under, or up to 26 if they are financially dependent on their parents.
DaeYang guides each stage: selecting the investment type and preparing funds, opening a local bank account, executing the investment and filing the documents, and following through to Golden Visa approval. Greek thresholds move by region and were substantially revised in 2025, so the applicable requirements are re-confirmed as of your consultation date.
