Residence Permit in Greece: How to Live by the Sea and Enjoy the Benefits of the EU

Greece has long been admired for its rich culture, history, and pleasant climate. These factors make the country increasingly attractive not only as a vacation destination but also as a place for permanent residence and business development. In recent years, thanks to changes in immigration policy — including the “Golden Visa” program — more and more people are showing interest in obtaining a residence permit (RP) in Greece.

This guide will walk you through the key aspects and advantages of the process.

The statistics speak for themselves: in recent years, Greece has significantly increased the number of foreign residents. In 2022, their number reached 194,974, and in 2023 it grew to 118,816.
This rise is driven by several factors:

• Accessible RP programs: Initiatives like the “Golden Visa” open new horizons for foreign nationals.
• Comfortable lifestyle: High quality of living, affordable healthcare, and developed infrastructure make Greece appealing for both life and business.

Launched in 2013, the Golden Visa program offers foreigners a unique opportunity to obtain a Greek residence permit in exchange for investments in the country's economy. One of the key advantages of this program is the variety of investment paths available.

Minimum Requirements for Obtaining an RP

1. Real estate purchase: Minimum investment starting at €250,000.
2. Business investment: At least €400,000 in eligible sectors.

Advantages of the Program

• Fast RP processing: Much quicker compared to other RP types.
• Visa-free travel: RP holders enjoy visa-free access to the entire Schengen area.
• Business rights: New residents can freely engage in commercial activities within Greece.

Greece offers many RP categories, each with its own requirements, allowing every foreigner to choose the most suitable option.

For employees with work contracts from Greek companies, a special RP type is available, actively attracting skilled migrants.

Studying at Greek educational institutions provides a legal basis for obtaining an RP — a great way to get quality education and possibly remain in the country after graduation.

Family members of Greek citizens and residents are eligible for RP if they can prove their relationship.

Despite the appeal of investment programs, strict regulations apply. The main requirements for obtaining RP in Greece include:

1. Legal source of income: Proof of financial capacity is mandatory.
2. No criminal record: Certificate of good conduct required.
3. Health insurance: Minimum coverage of €30,000.

Since its launch in 2013, the Golden Visa program has attracted over €6 billion in real estate investments, significantly contributing to the country’s economic growth. According to Eurostat, in 2024, 9,289 investment RP applications were submitted — a 9% increase compared to the previous year.

Greece offers not only business opportunities but also numerous lifestyle benefits:

1. Peaceful life by the sea: High quality of life makes it ideal for families and retirees.
2. Access to EU markets: Centrally located in Europe, Greece offers strategic business expansion opportunities.
3. Culture and history: Rich heritage and beautiful nature attract investors and tourists alike.

Greece continues to grow in popularity among foreign nationals thanks to its residence permit programs and investment opportunities. Obtaining an RP in Greece is not just about legalizing your stay — it’s a strategic investment in your future. The Golden Visa program remains one of the most advantageous ways to gain mobility across the Schengen area and access to promising business opportunities in Europe.

If you’re considering a move, Greece can become your gateway to both a Mediterranean lifestyle and EU benefits.

Want to know the best program for you? Contact Visa Dan — we’ll help you choose the right path and guide you through the entire process.