Why Greece Remains a Great Option for the Golden Visa
- World CBI
- Jan 6
- 5 min read
Greece, with its rich history and diverse culture, has long attracted people from around the world. The picturesque landscapes, welcoming communities, and laid-back lifestyle make it a dream destination for many. In recent years, Greece has become an ideal place for those seeking a Golden Visa, providing a pathway to residency and an improved quality of life. In this post, we will explore why relocating to Greece — especially through the Golden Visa program — is a highly appealing option.
Greece's Appeal and Culture
Greece has been recognized for its quality of life, ranking #1 in the 2026 Global Retirement Index with an impressive score of 90.1. This ranking underscores the country’s appeal as a retirement destination, but it also highlights the general lifestyle benefits that make Greece attractive to expats of all ages.
Historical Significance
Being the birthplace of democracy, the Olympic Games, theater, and ancient philosophy, Greece is steeped in history. The sites you can visit — from the Acropolis in Athens to the ancient ruins of Delphi — are more than just beautiful; they are living testaments to humanity's past achievements.
Natural Beauty
With the longest coastline in Europe, Greece boasts some of the most beautiful beaches in the world. The Mediterranean climate offers hot, dry summers and mild winters. Whether you are looking to relax on a sandy beach or hike through pristine landscapes, Greece has it all. The country’s islands, such as Santorini and Crete, each have unique charms that attract nature lovers and adventure seekers alike.
Lifestyle and Community
Living in Greece means embracing a slower pace of life characterized by a strong sense of community and safety. The warm hospitality of the Greek people is another reason why newcomers feel at home. You can indulge in a healthy Mediterranean diet rich in fresh vegetables, fruits, and seafood, all while enjoying the incredible views that surround you.
The cost of living is also lower than in many Western European countries, allowing you to enjoy a better quality of life without breaking the bank. Along with a well-regarded healthcare system and double taxation treaties with 57 countries, moving to Greece is not just a lifestyle choice but a financial savvy decision too.
Investment Options for Golden Visa
One of the most attractive features of the Golden Visa program in Greece is the range of investment options available. Depending on your budget and preferences, you can choose the investment that best suits your situation.
Property Investment – Tiered System
Greece offers a tiered system for property investment:
Tier 1: In high-demand areas, a minimum investment of €800,000 is required.
Tier 2: For standard regions, the minimum is €400,000, with properties needing to be at least 120 sqm (short-term rentals are not permitted).
Tier 3: For commercial to residential conversions, the minimum investment is €250,000 nationwide (short-term rentals not allowed).
Some sources indicate that the required amounts could be €500,000 for high-demand areas and €250,000 for standard regions.
Alternative Investment Options
If property isn't your cup of tea, Greece offers several alternative investment options, each requiring a minimum investment of €500,000, including:
Bank deposit
Real estate investment company/fund shares
Company shares or bonds
Government bonds
Time-sharing/lease agreements ranging from €400,000 to €800,000
Startup investment at €250,000, requiring the creation of two jobs within the first year and maintaining maximum 33% shares/voting rights for five years
Eligibility Requirements
To be eligible for the Golden Visa, you must meet several requirements:
Be over 18 years old
Be a non-EU citizen
Have a clean criminal record
Maintain full private health insurance coverage
Ensure that your qualifying investment remains intact
No residency requirement (you are not mandated to stay any specific number of days per year)
Benefits of the Golden Visa
The Golden Visa program offers numerous benefits that make it a compelling choice for anyone considering relocation:
Residence Permit: You receive a 5-year residence permit, renewable indefinitely as long as you maintain your investment.
Schengen Area Travel: You gain visa-free access to 26 countries within the Schengen Zone.
Family Inclusion: Not only can you include your spouse and dependent children under 21, but you can also extend benefits to your parents and in-laws for an additional €20,000 per person.
Path to Citizenship: After 7 years, you can apply for citizenship, provided you meet residency requirements of staying at least 183 days per year and passing language and culture exams.
Fast Processing Time
Greece is known for having one of the fastest processing times for Golden Visa applications in the EU, approximately taking 2 to 6 months, although this can vary by region. Some routes may have expedited processes, taking only around 4 months if you opt for bank deposit or investment fund pathways.
Once your application is submitted, you can expect a certificate within just one week, which allows you a temporary one-year stay while your residence permit is approved. Typically, approval follows 2 to 4 months after your biometric appointment.
In terms of costs, be prepared for additional fees that range from 11% to 12% of your investment value, which may include legal fees, translations, taxes, and other administrative costs.
Best Places to Live
Choosing the right location is a crucial aspect of relocating to Greece. Here are some of the best cities and islands that cater to different lifestyles:
Athens
As the central business hub of Greece, Athens offers extensive public transport, fast internet, and plenty of co-working spaces. With its rich cultural experience, extensive beaches, and a population of approximately 4 million, it is ideal for families, young adults, and digital nomads alike. The average salaries here are higher than in many other parts of Greece.
Thessaloniki
Known for its lower cost of living compared to Athens, Thessaloniki is perfect for English-speaking expats and students. This vibrant city, with around 800,000 residents, is walkable and rich in history, food, and culture. It is also an industrial center, offering job opportunities for newcomers.
Crete
Crete is Greece’s largest island, offering a variety of living experiences:
Heraklion: This capital city has modern amenities, international schools, and a thriving job market.
Chania: Renowned for its Venetian architecture, Chania is relaxed and great for remote workers with its walkable streets.
Rethymno: A quieter option with traditional charm, it is ideal for families and retirees seeking serenity.
All areas of Crete boast English-friendly environments, healthy cuisine, and numerous outdoor activities.
Corfu and the Greek Islands
If you prefer island life, Corfu is home to full expat communities where you can engage in board games, dinners, and coffee groups. The safety and comfortable living conditions make it appealing—averaging around $3,400/month.
There are over 6,000 islands in Greece, with each island offering a unique atmosphere. For instance, Ikaria is known as a blue zone, recognized for the longevity of its inhabitants, making it a peaceful option for those seeking a tranquil lifestyle.
Embrace a New Lifestyle in Greece
Relocating to Greece offers not just an opportunity for investment but a chance to embrace a new lifestyle filled with culture, history, and warmth. With the benefits of the Golden Visa program, you can enjoy a beautiful Mediterranean climate, a laid-back lifestyle, and an appealing community — all while securing residency and potential citizenship.
Through careful consideration of your investment options, eligibility responsibilities, and the vibrant locales to choose from, it's clear why Greece remains an excellent option for the Golden Visa. The fusion of lifestyle advantages with viable investment opportunities makes relocating to Greece a sensible and enriching decision.
Embark on your journey towards a new life in this enchanting country, where tradition meets modernity in a uniquely Greek way.
Comments