Aerial view of Navagio Bay and white cliffs on Zakynthos, Greece
Facts checked October 2026

Greece Golden Visa, explained without the sales pitch

What the residence-by-investment programme costs after the 2024 reform, which threshold applies where, how long it takes, who can be included, and who should choose something else. Every figure is dated and linked to its source.

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from €250,000conversion or listed-building restoration only
€400,000 / €800,000standard property thresholds by zone
4-6 monthstypical time from a complete file to the card
5 yearspermit term, renewable while the investment is kept

Greece compared with other EU residence programmes

GreecePortugalCyprus
Minimum investmentfrom €250,000€500,000 (funds/shares)€300,000
Property routeYesNo since 2023Yes (rent or buy)
Typical processingabout 4-6 monthsfrom about 12 monthsabout 2-3 months
Schengen travelYes (as resident)Yes (as resident)Not yet in Schengen

Published programme minimums compiled from BRIDGES programme pages, checked October 2026. Taxes and fees are added. See also the path to permanent residence and citizenship.

Frequently asked questions

How much do you need to invest for the Greece Golden Visa?

After the 2024 reform there is no single threshold. €250,000 remains only for converting commercial property to residential or restoring a listed building. Most purchases start at €400,000, and in Attica, Thessaloniki, Mykonos, Santorini and islands with more than 3,100 residents the minimum is €800,000. A deposit, funds or securities route starts at €500,000.

Do I have to live in Greece?

No. The programme sets no minimum stay. The five-year card is renewed while you keep the qualifying investment and valid insurance.

Who can be included on one application?

A spouse, unmarried children under 21 and the parents of both spouses can receive residence permits on the same investment. New family members can be added later.

Does the Golden Visa lead to Greek citizenship?

Not automatically. Naturalisation is possible after seven years of continuous actual residence in Greece, with language and integration requirements. Holding the card alone is not enough.

Can the property be let?

Long-term letting is allowed. Short-term letting through platforms is forbidden for Golden Visa properties: the penalty stated by BRIDGES is €50,000 and cancellation of the permit.

Who writes this guide. Darya Melnik, Senior Investment Programs Consultant at BRIDGES. My first BRIDGES cases were the Greek Golden Visa and Cyprus permanent residence. This is not a government website. See how facts are checked and about the author.