Greece
Country Profile

Greece

Greece welcomes you to call it your second home. Invest in Greece today and embark on a journey of discovery, culture, and natural beauty.
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Greece, a land of ancient history, breathtaking landscapes, and vibrant culture, invites you to make it your second home through the Greece Residency Program by Investment. Launched to welcome international investors in 2013, this program offers you the unique chance to secure a Greek residency permit by making a significant financial contribution to this captivating Mediterranean country.

BENEFITS OF GREEK RESIDENCY
  • The only program being the neighbor of Turkey
  • Fast and easy approval processes
  • 8 flights a day to Athens
  • 16.000 km coastline, around 400 blue beaches
  • 3.000 islands including 170 habitable islands
  • 250 sunny days a year
  • The country with the closest culture to Turkey.
ELIGIBILITY CRITERIA FOR GREEK GOLDEN VISA
  • Applicants must be over the age of 18.
  • Applicants must not have any history of criminal records, in any country in which they have lived.
  • Applicants must make a significant investment in Greece.
  • Applicants must have obtained health insurance from a company operating in Greece.

      FAMILY MEMBERS WHO CAN BE INCLUDED:

  • Spouse
  • Children, whether biological or adopted, of the main applicant or of the spouse, if aged under 21
  • Parents of the main applicant or of the spouse

INVESTMENT OPTIONS

REAL ESTATE

The investment requirement for the Greece Golden Visa, which allows property acquisition, will stay at €250,000 in specific regions, making it one of the lowest among Europe's popular investment residency programs. However, as of July 31st, 2023, it has increased to €500,000 in Athens, Thessaloniki, Mykonos, and Santorini municipalities.

Vesta Global Program Services
  • Attorney services (real estate acquisition and golden visa transactions)
  • Notary public fees
  • Greece real estate commissions
  • 1-year minimum health insurance required for a family of 3
  • Golden Visa applications for a family of 3
  • Court expenses
  • Obtaining a tax identification number
  • Other expenses such as VAT difference (VAT is 24% in Greece)
  • Vesta Global service fee
Taxes
  • VAT of 24% for the first-hand real estate
  • Purchase and sale tax of 3.09% for the second-hand real estate
  • Title deed registration tax of 0.5%-0.8% (varies by region)
  • Annual real estate tax of 0.25%-0.35% (varies by region)
  • Tax of income from rental of 15% (increases gradually)