Greece Golden Visa: Indians Can Apply with €250,000, Live with Family Long-Term

Kritika Pandey

Updated On Aug 28, 2025

Greece Golden Visa: Indians Can Apply with €250,000, Live with Family Long-Term

The Greece Golden Visa allows Indians and other non-EU citizens to get a residency for themselves and their families in Greece. The Visa is the fundamental permit for investments, most commonly in real estate, with several benefits that have been enhanced recently.

What is Greece Golden Visa?

Launched in 2013, this program allows applicants to receive a five-year renewable residence permit through investment. Family members, including spouses, children under the age of 21 and parents of both the applicants and spouses are included.

Investment Requirements and Costs for Greece Golden Visa

Investment Option	Minimum Amount (EUR)	Notes
Select Properties (Renovation/Conversion)	250,000	Applies to commercial-to-residential or heritage listed properties
Standard Property (Most Regions; 120m²+)	400,000	Regions outside major cities/islands; minimum 120 sq. m
High-Demand (Athens, Mykonos, Santorini, big islands)	800,000	Includes specific cities/islands with >3,100 residents; min. 120 sq. m
Bank Deposit	500,000	Fixed-term deposit in Greek bank (1+ year, renewed automatically)
Government or Corporate Bonds	500,000–800,000	500,000 for government bonds (min. 3 years); 800,000 for corporate bonds
Application Fee (Main Applicant)	2,000	Payable to Greek authorities
Application Fee (Each Family Member)	150	Per dependent
Legal & Property Fees	11-12% of property value	Covers legal, notary, land registry, and taxes

Also Read: US Embassy in India Offers Explanation for 221(g), 214(b) Visa Rejections

Key Benefits of Greece Golden Visa

Permanent Residency for investors, spouse, children, and both sets of parents, with no minimum stay requirement as such.
You are eligible for visa-free travel throughout the Schengen zone for up to 90 days within any 180-day period.
With the Greek Golden Visa, you can earn rental income from the property, use Greece as a retirement base, and access quality healthcare and education.

Updated Rules for Greece Golden Visa in 2025

The rules for Greece Golden Visa have changed on March 31, 2024, with new rules applying in 2025. The updated rules are:

Minimum investment is now EUR 800,000 in high-demand regions and EUR 400,000 elsewhere, but the EUR 250,000 threshold remains for renovation properties.
Investments must be held for at least seven years; stricter regulations for property use and due diligence apply.
Short-term lettings like Airbnb are generally prohibited; long-term rentals or personal use are mandated.
Minimum property size is 120 sq. m, and penalties for non-compliance may reach EUR 500,000.

Also Read: Is H-1B Uncertainty Pushing Indians Towards Australia, Germany & Canada?

Quick Comparison of Greece with Malta and Portugal

“While Malta is attractive for immediate permanent residency and Portugal for the fastest citizenship route, Greece offers affordability, flexibility, and Schengen mobility that appeal to Indian investors,” Stated Boiko. Here is a quick comparison of why Indians often choose Greece over Malta or Portugal for residency by investment:

Feature	Greece (euro)	Malta (euro)	Portugal (euro)
Minimum Investment	250,000	375,000+	250,000–500,000+
Minimum Stay Required	None	None	7 days/year
Family Inclusion	Spouse, kids <21, parents (both sets)	Spouse, kids <29, parents, grandparents	Spouse, kids <18, dependent parents
Processing Time	2–4 months	Up to 12 months	Up to 12 months
Residency Validity	As long as the investment is held	Permanent if rules fulfilled	As long as the investment is held
Special Advantages	Lowest entry cost, faster process, broad family	Immediate permanent residency includes adult children	Fastest route to EU citizenship, investment flexibility

How to Apply for Greece Golden Visa

Step 1: Conclude a qualifying investment you are going to opt.

Step 2: Collect necessary documentation.

Step 3: Apply via the Aliens and Immigration Department, typically with legal assistance.

Step 4: Pay all relevant fees, including EUR 2,000 for the main applicant.

Step 5: Provide biometrics in Greece.

Step 6: Wait for approval, which generally takes about six to twelve months.

Step 7: Receive the residence permit upon approval.

Start Your Europe Journey with Expert Guidance from GetGIS

Ready to secure EU residency through the Greece Golden Visa? Get personalized, step-by-step assistance from GetGIS’s experts including investment analysis, compliance, and a smooth application experience for you and your family.

Take the next step toward European living, Schengen mobility, and future opportunities. Contact GetGIS today to begin your Greece Golden Visa application!

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