1. What is the process of obtaining citizenship by investment in Greece?

The process of obtaining citizenship by investment in Greece typically involves the following steps:

1. Choose an eligible investment option: Applicants must invest in one of the eligible investment options, such as real estate, business enterprise, or financial assets.

2. Gather required documents: Applicants must gather all necessary documents, including proof of identity and source of funds, to support their application.

3. File application: The application for citizenship by investment can be submitted either through a representative or directly to the Greek Ministry of Economy and Development.

4. Pay processing fees: A non-refundable processing fee must be paid along with the application.

5. Background check and due diligence: The Greek government will conduct background checks and due diligence on the applicant to ensure they meet the eligibility criteria and do not have any criminal record.

6. Approval in principle: If all requirements are met, applicants will receive an approval in principle from the Ministry of Economy and Development.

7. Make the investment: Once the approval in principle is received, applicants must proceed with making the agreed-upon investment within a specific timeframe.

8. Obtain permanent residence permit: After completing the above steps, applicants can obtain a permanent residence permit in Greece valid for five years.

9. Apply for citizenship: After holding permanent residency for at least seven years (or three years if investing more than €250,000), applicants can apply for Greek citizenship.

10. Attend citizenship ceremony: Upon approval of citizenship application, applicants are required to attend a citizenship ceremony and take an oath of loyalty to Greece before receiving their certificate of naturalization.


Note that each step may vary depending on individual circumstances and it is recommended to seek professional advice before beginning the process.

2. What are the main benefits of obtaining citizenship through investment in Greece?

1. Visa-free travel: By obtaining citizenship through investment in Greece, you can enjoy visa-free access to 184 countries, including the Schengen Area and other popular travel destinations.

2. Access to EU rights and benefits: As a Greek citizen, you will have access to all the rights and benefits of being an EU citizen, such as the right to live, work, and study in any other EU member state.

3. Business opportunities: Greece is a hub for business and entrepreneurship in Europe, and as a citizen, you can take advantage of this by starting or expanding your business operations within the country.

4. High quality of life: With its beautiful Mediterranean climate, rich culture and history, delicious cuisine, and stunning natural landscapes, Greece offers a high quality of life for its citizens.

5. Education and healthcare benefits: Greek citizens have access to free education (including higher education) and affordable healthcare within the country’s public systems.

6. Real estate investment opportunities: The Greek Golden Visa program offers an attractive real estate investment option for investors looking to obtain citizenship through investment in the country.

7. Citizenship for your family: Citizenship obtained through investment in Greece can also be extended to your immediate family members, including spouse, children under 21 years old, and dependent parents over 65 years old.

8. Financial freedom and stability: As a citizen of Greece, you can invest in property or establish a business without restrictions imposed on foreign investors.

9. Dual citizenship allowed: Greece allows dual citizenship, so you may retain your current citizenship while also holding Greek citizenship if it is permitted by your home country’s laws.

10. Generous tax incentives: Greece offers favorable tax incentives for new residents/citizens who have not lived in the country before or for those who have been non-tax residents for at least seven out of the previous eight years.

3. How much is the minimum required investment for citizenship in Greece?

The minimum required investment for citizenship in Greece is €250,000.

4. Are there any residency requirements for citizenship through investment in Greece?

Yes, there are residency requirements for citizenship through investment in Greece. Investors must maintain a residence in the country for at least seven years and must also hold a permanent residence permit for at least five years before being eligible to apply for citizenship.

5. What types of investments are accepted for citizenship in Greece?

According to Greek law, the types of investments accepted for citizenship are as follows:

1. Real Estate Investment: This includes purchasing property (residential or commercial) with a minimum value of 250,000 Euros. The property must be located in Greece and be registered by the Public Registry.

2. Capital Investment: This includes investing at least 400,000 Euros in a Greek company or business that contributes to the country’s economy.

3. Government Bonds: Investing a minimum of 250,000 Euros in government bonds issued by the Hellenic Republic.

4. Bank Deposits: Depositing at least 400,000 Euros in a domestic credit institution operating within Greece.

5. Business Ventures: Investing at least 400,000 Euros in a new or existing business venture that creates jobs and contributes to the growth of the Greek economy.

6. Research and Development Projects: Investing at least 100,000 Euros in R&D projects approved by the Ministry of Economy and Development.

7. Strategic Investments: This option is available for investors who wish to invest more than 3 million Euros in public investments (such as infrastructure projects, real estate development, energy projects).

It should be noted that these investment options may change over time as per the Greek government’s discretion.

6. Is dual citizenship allowed in Greece?

Yes, dual citizenship is allowed in Greece. Citizens of Greece are allowed to hold dual nationality without any restrictions or limitations.

7. Are there any language or cultural requirements for obtaining citizenship through investment in Greece?

There are no specific language or cultural requirements for obtaining citizenship through investment in Greece. However, applicants will need to provide evidence of their ties to the country and may be required to demonstrate basic knowledge of the Greek language and culture during the naturalization interview. Additionally, applicants will need to demonstrate a commitment to integrating into Greek society, which may involve engaging in community activities and adapting to Greek customs and traditions.

8. Do I need to have a job offer or business plan to qualify for citizenship by investment in Greece?

No, you do not need a job offer or business plan to qualify for citizenship by investment in Greece. The main requirement is that you make the necessary investment in one of the designated investment options, such as real estate, government bonds, or shares in a Greek company. Additionally, you must also meet other eligibility criteria set by the Greek government, such as passing a background check and having no criminal record.

9. Can my family members also obtain citizenship through my investment in Greece?

Yes, under certain conditions, your family members, including your spouse and children under 21 years old, may also obtain citizenship through your investment in Greece. This is known as the “Golden Visa” program and requires you to make a minimum investment of €250,000 in real estate in Greece. Your family members must also meet all eligibility criteria and go through the application process with you.

Please note that children between 21-24 years old who are financially dependent on you may also be eligible for citizenship, but they must be unmarried and enrolled in a higher education institution.

10. Is there a limit to the number of citizenships granted through investments in Greece?

The Greek government has not set a limit on the number of citizenships granted through investments. However, they do have strict requirements and regulations in place to ensure that only qualified individuals receive citizenship. The total number of applications approved each year may depend on funding availability and other factors determined by the Greek government.

10. What is the timeline for obtaining citizenship by investment in Greece?

The timeline for obtaining citizenship by investment in Greece can vary depending on the individual’s circumstances and the processing time of their application. On average, it may take 6-12 months to receive a residence permit, and another 2-3 years to obtain citizenship.

11. Can I invest in any industry or sector for citizenship purposes in Greece?

Yes, you can invest in any industry or sector for citizenship purposes in Greece as long as it meets the investment requirements set by the Greek government. However, it is important to note that certain industries or sectors may have specific regulations or restrictions, so it is advisable to consult with a legal advisor before making any investment decisions.

12. Is there a limit on the number of people granted citizenship by investment each year in Greece?

As of 2021, there is no publicly-disclosed limit on the number of people who can be granted citizenship by investment in Greece each year. However, the Greek government may set limitations or restrictions on the program if there is a high demand or if certain criteria are not met. It is recommended to check with the Greek Ministry of Migration and Asylum for any updates on potential limits.

13. What level of due diligence is conducted when applying for citizenship through investment in Greece?

The level of due diligence conducted during the application process for citizenship through investment in Greece varies depending on the specific program and requirements. Generally, applicants are required to provide extensive documentation and undergo a background check, which may include verification of identity, criminal record checks, source of funds investigation, and other forms of due diligence. The standards for due diligence are typically set by the Greek government or the authorized agent handling the applications. It is important for applicants to ensure that all information provided is accurate and complete to avoid delays or rejection of their application.

14. Are children born to citizens through investment automatically granted citizenship?

It depends on the country’s specific citizenship laws. In some countries, children born to citizens through investment may automatically be granted citizenship, while in others they may need to go through a naturalization or registration process. It is important to research the specific laws and requirements of the country in question.

15. Are there any restrictions on which countries can apply for citizenship by investment in Greece?

Citizenship by investment in Greece is open to individuals of all nationalities, provided they meet the necessary criteria. However, applicants from countries that are considered high-risk or have strained diplomatic relations with Greece may face additional scrutiny during the application process.

16. Does receiving citizenship through investment grant me voting rights and access to government services?

Yes, receiving citizenship through investment typically grants an individual the right to vote in elections and access to government services and programs. However, this may vary depending on the specific country and its citizenship laws. It is important to research the rights and privileges associated with obtaining citizenship through investment in the specific country you are interested in.

17. Is it possible to lose my newly acquired citizen status if I fail to maintain my initial investment?

Yes, it is possible to lose your newly acquired citizen status if you fail to maintain your initial investment. Depending on the specific laws and regulations of the country granting you citizenship, there may be requirements for maintaining your investment in order to retain your citizenship status. If these obligations are not met, the government may revoke or nullify your citizenship. It is important to carefully review all requirements and responsibilities associated with acquiring citizenship through investment before making any decisions.

18. Can I include dependents such as parents or siblings on my application for citizenship by investment in Greece?

No, only your spouse and minor children can be included on your application for citizenship by investment in Greece. Parents or siblings are not eligible dependents for this program.

19. Does holding another passport affect my eligibility for gaining full citizen status through investing in Greece?

It depends on the specific laws and regulations of both Greece and your other country of citizenship. It is recommended to consult with a legal professional familiar with both countries’ citizenship laws to determine your eligibility.

20. Are there any tax implications associated with gaining economic residency and/or full nationality through investing in Greece?

Gaining economic residency or full nationality through investing in Greece may have tax implications, as individuals may become subject to Greek tax laws and their investment may be subject to taxes such as income tax, capital gains tax, or property tax. It is important to consult with a professional tax advisor for specific information related to an individual’s personal situation. Additionally, individuals should also be aware of any potential reporting requirements in their home country related to foreign investments.