Greek residents can spend up to 90 days out of 180 in any Schengen country without a visa.

Golden Visa applicants are not required to take exams in Greek language, history, or culture.

Residence permits are granted to the investor’s family, including the spouse or registered partner, children, and parents.

Investors may rent out their properties on long-term leases. The average yield on Greek properties is 3—5% per annum.

Maintaining ownership of the investment is mandatory when extending the residence permit. The property can be sold after the residence permit expires or upon acquisition of citizenship, which is possible 7 years later.

The residence permit allows the holder to visit Greece anytime, even when the borders are closed to tourists.

Relocating to the country is a right, not an obligation; renewing the residence permit only requires maintaining the investment. However, to be eligible for citizenship in Greece, one must spend at least 183 days per year in the country.

The Golden Visa is valid for 5 years and can be renewed an unlimited number of times.

Foreign nationals can obtain citizenship in Greece if they have spent at least 183 days per year in the country for 7 years. Applicants must demonstrate they have no criminal record or deportations and pass a written exam on the Greek language, culture, history, geography, and governance.

Greece allows its citizens to hold multiple passports. There is no need to renounce previous passports unless required by the country of first citizenship.

If foreign investors become Greek tax residents, they can use benefits. The investor pays a flat tax on their global income — €100,000 per annum. The investor’s close relatives can also take advantage of the benefit and pay €20,000 per annum.

Without the exemptions, the global income tax is levied on a progressive scale of up to 45%.

Residents of Greece can get medical treatment or education in this country. Also, they can use their right to visit other Schengen countries visa-free to take short courses or visit clinics.