Beyond the headline investment, other costs apply to a Greece case.
- It has a Mediterranean climate with hot, dry summers and mild, sunny winters.
- A European Union member since 1981 and part of the eurozone, Greece uses the euro (EUR).
- Greece belongs to the Schengen Area, allowing free movement across much of Europe.
The Golden Visa residence card is valid for five years and renews while the investment is held.
The programme sets no minimum-stay requirement, which suits busy investors.
The core investment
Since August 2024 the minimum investment rose to around EUR 800,000 in prime areas such as Athens, Thessaloniki, Mykonos and Santorini.
In many other areas the threshold is roughly EUR 400,000, with lower tiers for certain heritage-restoration projects.
The permit covers the whole family, including spouse, dependent children and both sets of parents.
Legal and government fees
The Greek passport is strong, offering visa-free access to most countries worldwide.
The Golden Visa is a residence permit, distinct from citizenship, which still requires real, lengthy residence.
An immigration file needs a police clearance and personal documents, notarised and legalised.
Maintenance costs
Fresh food, sunny weather and a relaxed pace are big pluses.
- The Vietnamese community is small but present in Athens.
- Opening a bank account requires a passport, tax number and residence documents.
- Summers can be very hot, so choose a home with air-conditioning and near the sea if possible.
- The cost of living in Greece is among the most comfortable in the EU.
- Rents outside central Athens are often softer than in many Western European cities.
Estimated total
Besides property, investors may qualify through bonds, shares or bank deposits at set thresholds.
When buying, budget for transfer tax, notary and legal fees on top of the purchase price.
Greece runs a Golden Visa programme granting residence to real-estate investors.
Need a tailored roadmap?
Viking Global Group walks with you from paperwork to settlement. Call +849.219.219.88 or email [email protected] for a free consultation.
Related articles
- Travel in Greece: top destinations and experiences
- The people of Greece: character and etiquette
- Investment & Residency
Frequently Asked Questions
What is the total cost?
The article sums the components for a realistic estimate.
Any hidden costs?
Easily-missed items are listed above.
How much per dependant?
Per-dependant costs are noted above.
Information is for reference and may change under the latest official policy. Please contact us for current regulations.
