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Greek Golden Visa – Residency by investment

The Greek government launched their Golden Visa programme in 2013 with the aim to stimulate foreign direct investment, boost the real estate market, and attract affluent individuals and families to Greece. Minimum investment to qualify for the Golden Visa starts at a property purchase exceeding €250,000
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Available Offshore Property

  • Elounda Hills
    Crete, Greece

    From €811,000 - €4,418,000

    Elounda, nestled between Agios Nikolaos and Plaka, offers quintessential Cretan living with a front-row view of the Mediterranean. Built into an ancient hillside overlooking the Aegean Sea, it's a breathtaking spectacle where 600 privately owned residences start from €811,000. Purchasing a residence here opens doors to Greece's Golden Visa programme and visa-free travel to the Schengen Area.

  • The Mediterranean, Apartments
    Port of Athens, Greece

    From USD250,000 - USD373,000

    Experience the epitome of opulence at The Mediterranean , a collection of exquisitely designed serviced apartments situated on the ocean overlooking the Port of Athens. These elegantly designed residences offer an incredible opportunity to invest into a residence operated by top US hospitality brand, with strong Euro returns and allows access to the Greek Golden Visa programme. If you are looking for a hand-off euro investment that qualifies for the Greek Golden Visa, then this is a must.

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  • Aliki Residence
    Paros, Greece

    From USD250,000 - USD373,000

    Nestled along the picturesque coastline of Greece, Aliki is a charming village known for its serene beauty and rich cultural heritage. With stunning views of the Aegean Sea, Aliki offers a tranquil retreat featuring pristine beaches, traditional Greek architecture, and a warm, welcoming community. Ideal for both living and working, this idyllic destination combines natural splendor with a peaceful ambiance, making it perfect for those seeking an authentic Greek experience

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Greek Golden Visa qualifying criteria

Real estate investment

As of 1 September 2024, there will be three different qualifying price categories of real estate investment for the Greek Golden Visa:

  • Minimum investment of €250,000 in qualifying real estate regeneration projects in listed building.
  • Minimum investment of €400,000 real estate investment in all other low density areas
  • Minimum investment of €800,000 in prime areas (Attica Region, Regional Units of Thessaloniki, Mykonos, Santorini and all islands with populations exceeding 3,100 inhabitants) 

There are, however, no restrictions as to the type of property you can buy and so investors can purchase residential and/or commercial properties and can even buy land. In addition to this, property usage is not limited and so it is possible to enjoy leisure use of the property, opt for short term rentals or put a long-term tenant in place.

It is important to note that the property does need to be held indefinitely in order to retain residency rights.

Outside of prime areas, an investor can choose to purchase multiple properties to meet the €250,000 minimum investment threshold, or they can purchase real estate in excess of the minimum threshold in order to run multiple family Golden Visa applications off of the same property, i.e., one investment at €500,000 could support two family applications.

Differing itself from other global residency and citizenship-by-investment programmes, the Golden Visa investment does not have to be purchased solely in the name of the main applicant but can be owned 50/50 with a spouse.

Benefits of investing in Greece

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A straightforward buying process

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No restrictions on foreign investment

A Golden Visa with purchases exceeding €250,000

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High demand for rental accommodation in prime cities year round

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Good rental returns in Euros.

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Growing property market.

Meet our team

  • Andrew Rissik
    Group International Director
  • Sihle Goniwe - Client Administrator
    Sihle Goniwe
    Senior Investment Migration Caseworker
  • Shakirah Campbell-Essa
    Investment Migration Caseworker
  • Valencia Jacobs
    Client Administrator
  • Sarah Young
    Investment Migration Manager
  • Andrew Rissik
    Group International Director

    Andrew grew up in South Africa, where he was schooled at Michaelhouse after which he completed his education at the University of Stellenbosch.

    He served as an officer in the South African Navy before completing his management training with the McCarthy Group.

    He established a company that facilitated the investment of UK client money into the emerging South African property market. He successfully sold his interests before being appointed to head up Sable International's forex team.

    Andrew is a keen sailor who has competed internationally and spends many weekends away either sailing or enjoying the outdoors with his wife and two children.

  • Sihle Goniwe
    Senior Investment Migration Caseworker

    Sihle was born and raised in the Eastern Cape, moving to Cape Town in 2013 to study Surface Design at the Cape Peninsula University of Technology. She furthered her studies in graphic design but also branched out into hospitality, taking up retail sales and administrator positions at the iconic and luxury 5-star Mount Nelson Hotel.

    Sihle joined the Sable Investment Migration team in 2020 and has excelled in all of her roles, growing from a client administrator to investment migration caseworker and into her current senior caseworker position. She has traditionally focused on assisting our Portugal Golden Visa clients with their application process, even undertaking to learn Portuguese to better understand the requirements for nationality, but she also prepares and advises on complex residency and citizenship applications across all the jurisdictions where we offer investment migration solutions.

    Outside of work, Sihle enjoys spending time at the beach, hiking in the mountains, good food and wine tasing experiences.

  • Shakirah Campbell-Essa
    Investment Migration Caseworker

    Shakirah was born and raised in Table View, Cape Town. She travelled a bit when she was young, and that’s where her desire to explore and travel the world began.

    After matriculating, she studied Events Management at Prestige Academy college. Before joining Sable International she worked at Discovery Headquarters in Cape Town for six years. During this time, she was tasked with numerous operations pertaining, but not limited to, delivering excellent services to clients from start to finish. Problem solving and providing initiative thinking just to mention a few.

    She is currently an Investment Migration Caseworker at Sable International assisting clients through every administrative step throughout their migration application process.

    She is extremely goal-oriented and hard working. She is always up for a new challenge and love seeing her visions come to reality.

  • Valencia Jacobs
    Client Administrator

    Valencia matriculated from Steenberg Secondary then did a PA course at the Academy of Learning. She has worked at Table Mountain Cable Way, and in 4- and 5-star hotels in Cape Town. She took a four-year break from working, in order to study social work through Unisa, after which she worked in Health & Safety for seven years.

    She joins our Investment Migration team where she will be working as a client administrator. 

    She has a bubbly personality and is very humble. She is eager to learn and grow in her new role. Outside of work, Valencia loves spending time with her daughter and grandson. She also loves to braai with friends or binge watch series.

  • Sarah Young
    Investment Migration Manager

    Originally from the UK, Sarah is well-travelled – having worked in France, South America and Botswana before settling in Cape Town. She graduated at the top of her class with a BA (Hons) in International Business before spending 15 years in hospitality. During this time, she gained a clear understanding of the need for global mobility through her own experience.

    Sarah currently oversees Sable International’s Investment Migration casework team, assisting clients with finding the programme which best fits their needs. Once people have chosen their route to global citizenship, she assists them every step of the way through the entire process.

    In her free time Sarah enjoys life outdoors, spending time with family and friends paired with laughter, good food and wine.

     

Get in touch

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