In Greece, foreign residents enjoy the advantages of a favorable tax program known as Non-Dom, enabling them to pay a fixed tax of €100,000 annually, irrespective of their income. For individuals with substantial earnings, such terms often prove more advantageous than the progressive tax system, which can reach rates as high as 44%.
Ranked as the leading Golden Visa program globally and boasting the lowest investment requirement for EU residency, the Greece Golden Visa offers unparalleled benefits. This residency by investment initiative not only provides real return on investment and coveted EU residency, but also grants access to one of the world’s most lucrative property markets and strongest economies.
Effective from March 30, 2024, the minimum investment requirement has increased to €400,000; however, certain exceptions permit applicants to maintain the previous threshold of €250,000 until August 31, 2024. Schedule a Free Consultation to retain the 2023 investment criteria.
Introduced by the Greek government in 2013, Greece’s Residency by Investment Program aims to attract entrepreneurs, investors, and families to invest in local economies while also offering the opportunity to own property in the heart of Europe and capitalize on its thriving tourism sector.
Residence permit granted for 5 years.
The investor can invest in one or several properties to a total value of €250,000.
Residence permit granted for 5 years.
Lease for at least 10 years or invest in a timeshare for hotel accommodation or furnished tourist residencies in a combined tourist facility, as the above facility must be registered with Greek National Tourism Organization (GNTO).
Greece prioritizes privacy and adopts a stringent yet non-intrusive approach to due diligence, setting itself apart as one of the most privacy-conscious EU programs. While Greece does not mandate criminal background checks.
Applicants are required to visit Greece for the property search and to submit biometrics, however there are no additional requirements to be physically present in the country and relocation is not mandatory.
