The Greek Golden Visa remains one of the most stable and attractive residency by investment programs in Europe.
It offers non EU citizens the ability to secure long term residency through real estate investment while gaining access to the Schengen Zone and the right to live, study or conduct business in Greece.
Since its introduction in 2013 the program has attracted thousands of investors who recognise the stability of Greece, the value of its real estate market and the quality of life associated with the Mediterranean environment.
Based in Athens, Epsilon Team Real Estate supports international investors through every stage of the process with transparency, legal security and professional guidance.
The Golden Visa offers a residence permit valid for five years which may be renewed indefinitely as long as the investment remains in place.
The investor may include the spouse, dependent children up to 21 with extension to 24 and the parents of both spouses.
After 7 years of continuous residence the investor may apply for Greek citizenship which grants full European Union rights.
The freedom of movement within the Schengen Zone for up to one hundred eighty days per year adds additional value to the residency status.
From August 2024 the program operates under a three zone investment framework based on Law 5100.
Zone A requires a minimum investment of 800.000€ and includes the entire region of Attica, Thessaloniki and islands with more than three thousand one hundred residents that attract substantial tourism, including Crete, Rhodes, Corfu, Mykonos, Santorini, Zakynthos, Paros, Naxos, Syros, Tinos, Aegina, Poros and Spetses.
The investment must concern one single residential property with a minimum size of one 120 square metres.
Zone B requires a minimum investment of 400.000€ and covers all other areas of Greece including the Peloponnese, Epirus, Magnesia, Central Greece, Macedonia and smaller islands that do not fall under Zone A.
Zone C requires a minimum of 250.000€ and applies nationwide for very specific investment types such as commercial to residential conversions and restoration or renovation of listed buildings, provided all technical and legal requirements are fully met.
The minimum investment thresholds are legally defined and do not depend on market conditions or population changes.
Real estate prices however follow market dynamics such as demand, infrastructure, tourism profile and the quality of available housing stock.
The law defines the minimum amount required to enter the Golden Visa program, but the actual market value of each property is shaped by real supply and demand.
This distinction is essential for international investors who must evaluate both the residence permit criteria and the long term investment potential.
The Golden Visa process is clear and typically completed within 3-9 months.
Physical presence in Greece is required only for biometric submission. No interview and no language proficiency are required.
The investor first defines the investment criteria according to the relevant zone.
Epsilon Team real estate, evaluates suitable properties that comply fully with the legislation and verifies that the property meets the minimum surface requirements.
The property cannot be used as a business office or for short term rentals.
The investor then obtains a tax number, opens a bank account and issues a power of attorney for legal representation.
Due diligence follows with title checks, contract drafting, payment through the banking system and registration of ownership with the Land Registry.
Once the purchase is complete, the full application is submitted to the Ministry of Migration and Asylum.
Biometrics are collected and the residence permit is issued shortly after.
Required documentation includes passports, photos, proof of the Greek tax number, health insurance, payment receipts for government fees which total 2.000€ for the investor and 150€ for each family member.
Purchase documentation includes the notarial deed, payment proof, registration certificate and all necessary technical files.
For renovation or conversion projects the authorities require usage change permits and proof that the minimum amount of 250.000€ has been invested.
Property purchase costs in Greece remain among the lowest in Europe.
All buyers pay a transfer tax of 3,09%.
For an investment of 250.000€ the tax is 7.725€.
Spain applies 6 to 10% depending on the region, Portugal often reaches 8% and France is close to 7%.
This places Greece in a significantly more favourable position since investors require far less initial capital to secure ownership.
Epsilon Team Real Estate operates with a comprehensive and fully transparent service model.
The investor signs an exclusive property search mandate valid for at least one year which authorises the team to undertake the entire investment and Golden Visa process.
Epsilon Team identifies suitable properties based on the investor’s written criteria and provides photos, videos, professional evaluations and live video tours when needed.
The investor is fully informed before any decision is taken.
From tax and banking procedures to due diligence, contract coordination, application preparation and follow up, the entire process is handled professionally.
The only step requiring the investor’s presence in Greece is the biometric appointment.
Every stage is documented in writing and every payment or action is communicated clearly.
The Golden Visa Greece program remains a stable, secure and efficient path for international investors seeking both property ownership and long term residency in a European Union country.
With Epsilon Team real estate, the process becomes structured, transparent and fully supported from the first inquiry to the issuance of the residence permit.