Investing in Property in Greece as a Non-EU Citizen 2025:
What You Need to Know
For international investors looking to diversify their real estate portfolio or secure a foothold in the European property market, Greece presents an increasingly attractive opportunity. Thanks to a stable market, high rental demand, and flexible ownership rules, Greece has become a go-to destination for property investment, whether for personal use, rental income, a combination of both or residency purposes.
However, if you’re from outside the EU—USA, UK, Israel, Canada, or Australia, etc, you may be wondering: Do I need a Golden Visa to buy property in Greece, and the simple answer is no.
You do not need a Golden Visa to purchase real estate in Greece. However, certain visa programs can offer long-term benefits, depending on your goals.
Non-EU nationals are permitted to purchase property in Greece with no minimum investment requirement. You can buy a home anywhere in the country, at any price point, for any legal use—including holiday rentals.
However, long-term residency is a different matter and is not automatically granted when purchasing property. Without a visa or residence permit, you’ll be limited to the Schengen Area’s 90/180 rule, which is a maximum stay of 90 days within any 180 days..
For many investors, this is sufficient as they will be using the property as a second home and or holiday rental.
Golden Visa-Greece
A Popular Option for Property-Based Residency Visas
The Greek Golden Visa is one of Europe’s most accessible investment-based residency programs. It can be acquired in many ways; however, by fulfilling the criteria in purchasing real estate, investors and their families can obtain a five-year renewable residence permit that also grants visa-free travel within the Schengen Zone.
Current Investment Thresholds
- €800,000 minimum
Applies to high-demand locations including:- Athens (Attica region)
- Thessaloniki
- Mykonos, Santorini
- Any Greek island with over 3,100 residents
- €400,000 minimum
For properties in:- The remainder of mainland Greece (excluding Athens & Thessaloniki)
- Smaller islands with fewer than 3,100 inhabitants
- €250,000 minimum
Only valid if investing in:- A commercial property that will be converted to residential use
- A listed building under restoration
Important Restriction: Properties purchased under the Golden Visa can no longer be rented short-term (e.g., Airbnb, Booking.com)
Further Investment-Based Visa Options
The New Startup Investment Visa – Launched January 2025
This program allows non-EU investors to gain residency by investing in an eligible Greek startup business
Key Criteria:
- Minimum investment: €250,000.
- Investors cannot own more than 33% of the company’s shares.
- The startup business must create 2 new jobs within the first year and maintain the positions for 5 years.
- Option to invest via a Greek or foreign entity, with a maximum of 3 investors per foreign entity.
Alternatively, investors can contribute €500,000 to a Greek venture capital or equity fund.
Initial visa duration: 1 year
Renewable every 2 years, subject to retaining requirements.
Digital Nomad Visa for Remote Professionals
Ideal for investors who work remotely and want to base themselves in Greece.
Requirements:
- Applicant must be a non-EU citizen
- Work must be conducted remotely for a company outside Greece
- Minimum monthly income: €3,500
The Nomad Visa grants the right to an individual to live in Greece while maintaining a professional presence abroad, making it ideal for entrepreneurs, remote business owners, and freelancers.
Comparing Your Options as an Investor
| Option | Minimum Investment | Residency Included | Rental Restrictions | Ideal For |
| Property purchase (No visa) | None | ❌ No | ✅ None | Holiday home, seasonal use |
| Golden Visa | €400–800K | ✅ Yes | ❌ No short-term | Long-term stay, EU travel |
| Startup Investor Visa | €250–500K | ✅ Yes | ✅ None | Innovated investors |
| Digital Nomad Visa | N/A | ✅ Yes (via work) | ✅ None | Remote professionals |
How to Get Started: Steps Toward Your Investment
- Select Your Property. Choose a property and a location that match your investment goals.
- Set Up Legal & Financial Infrastructure. Retain an accountant and a lawyer. These are essential in Greece, they will be able to help you obtain a Greek tax number and open a bank account.
- Close the Deal. Your lawyer will complete all legal due diligence and finalize your property purchase via a notary.
- Submit Your Visa Application (if applicable). Your lawyer will be able to help you. Gather documents and prepare for biometric submission in Greece.
- Secure Your Residency. Once approved, enjoy all the rights and benefits of your chosen visa path.
Is Now the Right Time to Invest in Greece?
Greece remains one of the few EU countries where real estate is still accessible, and residency is within reach for global investors. Whether you’re planning for retirement, expanding your investment portfolio, or simply seeking a base in the Mediterranean, Greece offers flexible options and strong lifestyle appeal.
With new programs such as the Startup Investment Visa and updates to the Golden Visa thresholds, now is the perfect time to explore your entry into the Greek property market.
Buying a property here in Greece is easier than you think. Local knowledge and expert legal advice will help you navigate the path to your investment. Don’t be afraid to reach out for tailored support and consider all options, using the information gathered to make an informed decision.
