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SECOND CHANCE RESIDENCE PERMIT

Pursuant to article 40 of Law 5075/2026, paragraph 9 was added to article 163 of the Migration Code, introducing for the first time the “second chance” residence permit. This permit concerns third-country nationals who held a residence permit for at least five (5) years, the validity of which has expired or whose issuance and delivery took place after its expiration, during the last year prior to the entry into force of the law, and which was not renewed, was revoked, or whose renewal application was rejected.

GOLDEN VISA – INVESTMENT THROUGH THE ESTABLISHMENT AND OPERATION OF A BUSINESS IN GREECE BY A NATURAL PERSON

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.

EMPLOYMENT INVITATION PROCEDURE - CONTENT OF MINISTERIAL CABINET’S ACT’S FOLLOWING THE AMENDMENTS INTRODUCED BY LAW 5275/2026

Article 17 of Law 5275/2026 amended article 26 of Law 5038/2023, which regulates the procedure for determining the volume of worker admissions for the provision of dependent employment, highly skilled employment, and seasonal work.

 

These amendments concern the provisions set out in the annually issued Ministerial Cabinet Act and are as follows:

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