The Greek Golden Visa program has undergone significant structural changes. As of January 2026, new laws have shifted the focus from simple property acquisition to urban regeneration and administrative efficiency.
Here are the updated requirements for the Golden Visa in Greece:
1. New Investment Thresholds (2026)
The investment amount now depends strictly on the location and type of property:
€800,000 (Tier 1): Applies to high-demand areas, including the entire Attica region (Athens and surrounding suburbs), Thessaloniki, Mykonos, Santorini, and all islands with a population over 3,100.
€400,000 (Tier 2): Applies to all other regions of Greece.
€250,000 (Special Exception): You can still qualify at the lower rate regardless of location if you invest in:
Commercial-to-Residential Conversions: Buying a commercial building (like an office or warehouse) and converting it into a home.
Listed Buildings: Purchasing and fully restoring a historic "listed" property.
2. Critical New Property Rules
To prevent investors from buying up small family apartments, the government has added these restrictions:
Single Property Only: You can no longer combine three €150,000 apartments to reach a threshold. You must invest the full amount in one single property.
Minimum Size: For the €400k and €800k tiers, the property must be at least 120 square meters (1,291 sq. ft).
Short-Term Rental Ban: Properties bought under the new Golden Visa rules cannot be rented out via platforms like Airbnb or Booking.com. They can only be used for long-term residential leases.
3. Procedural "Logical" Update (January 2026)
A new law introduced this month fixes a major frustration for investors:
Validity Start Date: Previously, your 5-year residency permit started on the day you applied. Because of backlogs, many people received their cards with only 3 or 4 years left.
The Fix: From 2026 onwards, the 5-year validity officially starts on the date the card is issued, ensuring you get the full 60 months of residency you paid for.
4. Required Documentation & Fees
Government Fee: €2,000 for the main applicant; €150 for family members (spouses and children under 21).
Health Insurance: Must have a private Greek health insurance policy.
Clean Record: A certified criminal record check from your home country.
AFM Number: You must obtain a Greek Tax Identification Number (AFM) to complete any purchase.
Summary Table
Investment Type Minimum Amount Min. Size Airbnb Allowed?
Prime Areas (Athens, islands) €800,000 120 sqm No
Other Areas €400,000 120 sqm No
Commercial Conversion €250,000 None No
Listed Building Restoration €250,000 None No
The issuance of a Golden Visa also ensures a temporary residence permit for all family members up to 21 years old.