Permanent Residence

The Permanent Residence Program enables a non-EU citizen, including their dependents (up to age 24) and parents of both spouses to gain permanent residency status in Greece.

Permanent residency status means that the family has the right to live freely in Greece, or continue to live in their home country, and may use the permit when required. The permit holder and their family also have the right to access Greece’s public education and health care system.

Who Qualifies for Permanent Residency

Besides the main applicant (the investor), their spouse, dependents under the age of 24 as well as, the parents of both spouses, all qualify for permanent residency status.

Additionally

The residency permit can be renewed every 5 years for all family members provided that the main applicant (the investor) retains full ownership of the purchased property.
Gaining permanent residency via a real estate investment (with the intention of obtaining Greek citizenship), provides inheritance to the applicant’s family or dependents, offering them future opportunity and security.

The investment

Low Investment Threshold

Greece asserts one of the lowest required investments in Europe for permanent residency.

Extended Family Inclusion

The residency permit extends to the main applicant’s parents and parents in law without further requirements.

Travel

The permanent residency permit allows for visa free travel to 184 countries.

EU/Greek Citizenship

The holder of the permanent residency permit has the right to apply for Greek citizenship provided they have lived in Greece for 7 consecutive years (180 days in each year).

A child that has been born in Greece and is enrolled and attending first year of school

A child with either parent having completed a continuous stay in Greece for 5 consecutive years prior to the child’s birth.

A child or dependent whose parents have already acquired Greek citizenship.

Children living in Greece whom have completed nine years of education (6 in elementary school and 3 in Gymnasium) or 6 years of secondary education.

Transferring Primary Permanent Residency to the children

Once a child is 24 years old, the parents can donate the property to their child.

In this instance, the child will become the primary permanent residency holder, with parents maintaining their permanent residency status under the provision of the law for parents.

Application Process

Remote Application (A)

Proceed with a property purchase and PR application remotely with one visit to Greece required.

1. Select the property via online viewing with one of our expert consultants.
2. Sign a reservation agreement.
3. Appoint an independent Greek lawyer.
4. The lawyer will proceed with booking an appointment at the Greek Embassy where the applicant is currently located in order to sign the Power of Attorney.
5. Complete the payment.
6. Sign the sales and purchase agreement with a public notary.
7. The lawyer will register the property in the applicant’s name at the department of land registry.
8. Prepare the permanent residency application documents.
9. Submit at the Directorate of Foreign Citizens and Immigration of the Decentralized Administration, the relevant documentation and obtain the ‘blue paper’.
10. The ‘blue paper’ allows you to stay in Greece for a period of 12 months from the date of issue.
11. Upon obtaining the ‘blue paper’, the applicant must visit Greece in order to provide the public authorities with biometric identification.
12. Your application will be processed and will be issued within 2-4 months.

Inspection Visit Application Process (B)

First visit to Greece

1. Our expert consultants will assess the applicant’s portfolio and recommend a selection of properties according to his requirements.

2. Select the desired property.

3. Sign a reservation agreement.

4. Sign a power of attorney to the appointed lawyer of your preference.

5. Open a bank account in Greece (optional but advisable).

From your country of residence