Pursuant to article 97 par. 1 of Law 5038/2023, a residence permit for investment activity (Golden Visa) may be granted to third-country nationals who intend to establish and operate a business based in Greece for the purpose of making an investment of at least five hundred thousand (500,000) euros, which will have a positive impact on national development and the economy.

Pursuant to the provisions of Article 100, paragraph 2, cases a and b of Law 5038/2023, it is possible to obtain a permanent investor residence permit (Golden Visa) by purchasing a vacant land and constructing a residential property. In this case, the investment is considered valid provided that a building permit has been issued and either the total value of the land purchase and construction or only the value of the construction amounts to at least €400,000 or €800,000, depending on the area where the property is located.