In response to the Greece debt crisis of 2009, the Greek government introduced a series of economic policies to stimulate foreign investment. One of these was the Golden Visa in 2013, a procedure to obtain residence permits for owners of a real estate property. The programme was amended in 2015 to enable business investors to also qualify for the 5-year resident permit.
The process to obtain the Golden Visa is simple and straightforward. The 5-year resident permit can be processed in as little as two months. The residence permit enables investors to travel freely within the Schengen area.
Holders of the residence permit can apply for Greek nationality after seven continuous years in the country.