Residency by Investment
A five-year EU residence permit, renewable indefinitely while you hold the investment, and no requirement to live there — from €250,000 on a conversion or a listed restoration, €400,000 for standard residential outside the high-demand areas.
One of the least expensive routes to residence in an EU and Schengen member state. Three property tiers and six financial routes qualify, and the permit is issued in around fifty to sixty working days.
The permit gives visa-free access to the Schengen Area for three months in any six-month period. It is not unlimited free movement, and it is not a work permit for other member states.
Property bought under the program may be let on a long-term lease. Short-term and Airbnb-style letting is prohibited for Golden Visa properties, and breaching it risks fines.
Access to Greek healthcare and education once the residence permit is issued.
No interview, no language test, and no requirement to show education or managerial experience.
There is no physical residency requirement before or after the permit is issued — you hold it without living in Greece.
Spouse or civil partner, children under 21, and the parents of both the applicant and the spouse — a wider reach than most residency programs.
The initial permit runs five years and renews every five years thereafter, for as long as the qualifying investment is retained.
A secure environment and a high quality of life, in a country that is both an EU and a Schengen member.
This program grants a residence permit, and you can hold it without ever living in Greece. A Greek passport is a different thing: naturalisation asks for seven years of actually residing in the country, plus the Greek language and further requirements. Permanent residency likewise follows seven years. So the two headline attractions — no stay requirement, and a path to citizenship — cannot be used at the same time. Which one you are actually buying is the first thing worth settling, and we would rather settle it now than in year six.
From eligibility to permit issuance — and every renewal after it — the Bayat Group panel keeps every document, decision and milestone in one place, guided by Pathinnova AI and reviewed by our legal team.
Three property tiers — set by where the property is, since the reform of 31 March 2024 — and six financial routes. Every one of them is an asset you retain, because retaining it is what renews the permit.
Select the clause that describes your investment. Property thresholds changed on 31 March 2024 and now depend on location.
The qualifying investment does not change with household size — only the fees do. Eligible dependents are a spouse or civil partner, children under 21, and the parents of both spouses.
Two totals, not one: the qualifying investment is set in euros and the fee schedule is published in US dollars. Adding them would mean inventing an exchange rate, so we do not.
Property routes carry a minimum size of 120 square metres and must be a single unit. The €250,000 tier applies where a commercial building is converted to residential — the conversion must be complete before the application goes in — or where a protected listed building is fully restored, with the restoration a precondition of the first renewal at five years. Purchase taxes, legal and notary costs on a property route are additional and depend on the transaction. Due diligence is charged for dependents aged 16 and over. The published fee schedule includes a passport fee, which is reproduced here as published even though Greece issues a residence permit rather than a passport under this program. Figures are indicative, non-binding, and confirmed during due diligence.
Select a step to see what happens — and note that the last one repeats every five years.
Bayat Group's compliance team conducts an internal due diligence check — a background security screening of the applicant, preparation of KYC (Know Your Client) documentation, and a qualification assessment against the program's requirements.
Our concierge answers your Greece questions in minutes — and when you are ready, it opens your application right where the conversation ends.
Sending opens your secure Bayat Group account, where an advisor picks the thread up.
Assessed against your own circumstances, in about five minutes.
A scripted example. Your own assessment is private, and takes about five minutes.
Assessment
40+ official programs, each with its own arithmetic. The assessment maps those rules to your situation in a short conversation and tells you where you actually stand.
Step one of three
One address, one five-digit code. No password to invent, and nothing sent to you that you did not ask for.
Step two of three
We sent a 5-digit code to . It expires shortly, so it is worth doing now.
One moment.