Greek Permanent Residency by Investment Expands to New Locations

Athens, Greece—The Greek Permanent Residency by Investment program, a leading choice for non-EU nationals seeking residence in Europe, is now reaching more prospective investors in additional locations. This expansion comes as interest in Greece’s residency program continues to grow, fueled by its competitive entry requirements, stable economy, and numerous advantages it offers to investors and their families.

Greece’s Permanent Residency by Investment program has consistently ranked among Europe's most attractive residency-by-investment schemes. With a minimum investment threshold starting at EUR 250,000, it provides an accessible route for individuals looking to secure European residency through real estate acquisitions or other approved investment channels. Recent regulatory updates have introduced differentiated investment thresholds based on location, ensuring applicants have various options to suit their financial and lifestyle preferences.

“The expansion of this program into new regions marks a significant milestone for investors looking to establish their presence in Greece,” said Charles, a representative of Savva & Associates. “With increasing demand for secure and beneficial residency solutions, the Greek Permanent Residency program remains one of the most viable options for global investors.”

With the new expansion, applicants can now explore investment opportunities in additional high-potential regions beyond Athens and Thessaloniki. The program's flexibility allows investors to choose from various real estate options, including modern apartments, restored historic properties, and resort accommodations. The newly covered locations offer a mix of urban and island properties, catering to those seeking a vibrant city life and those interested in a more relaxed Mediterranean lifestyle.

The Greek government has maintained the efficiency of the application process, with residency permits typically being granted within five months of submission. Once obtained, the residency permit provides visa-free travel across the Schengen Zone, further enhancing the program’s appeal. The residency extends to immediate family members, allowing spouses, children, and parents to benefit from the investment.

Applicants are given several options when making qualifying investments. In addition to real estate purchases, alternative routes include long-term hotel lease agreements and capital contributions to Greek businesses. Recent adjustments to the investment structure mean that prime locations such as Attica, Thessaloniki, Mykonos, and Santorini require a minimum investment of EUR 800,000. In contrast, other locations maintain a lower threshold of EUR 400,000. Investors purchasing in designated areas with historical or cultural significance can still access the program with the original EUR 250,000 minimum, provided the property meets specific restoration requirements.

The program's expansion aims to support the local real estate market while offering investors long-term security in Greece. With increasing numbers of applicants seeking alternatives to other European residency programs, Greece stands out for its affordability, flexibility, and straightforward path to permanent residency. Unlike many similar programs, there are no strict stay requirements, allowing investors to maintain their residency status without needing to reside in the country physically.

“This initiative is more than just an investment opportunity—it is a gateway to long-term stability and connectivity in Europe,” added Charles. “They are proud to be part of a program that benefits investors and contributes to Greece’s economic growth.”

Given Greece’s rising prominence as a prime destination for global investors, interest in the Permanent Residency by Investment program is expected to grow. With its straightforward application process, family-inclusive policies, and access to one of the world’s most historically rich nations, the program remains a compelling option for those seeking European residency through strategic investment.

For those who have further inquiries or want to learn more about investment opportunities in Greece’s newly covered regions, contact Savva & Associates at info@savvacyprus.com.