"Through the new program, non-European Union citizens can invest a minimum of 250,000 euros (about $291,120) in a start-up listed on the national registry, Elevate Greece, across industries such as travel, real estate, defense, and financial technology. In exchange, they'll receive a five-year Greek residence permit, according to Global Citizen Solutions (GCS), a residency-by-investment consulting firm. Greece introduced the program under Law 5187/2024 and included it in its draft 2025 fiscal plan, submitted to the European Commission in October."
"The golden visa will be granted for one year but can be renewed every other year for the five-year duration, provided the applicant meets certain requirements. For example, they can't hold more than 33% of the start-up's shares or voting rights, according to Global Citizen Solutions. The company must also generate at least two new jobs in its first year post-investment and then maintain these positions for a minimum of five years, per GCS."
Greece offers a five-year residence permit to non-European Union citizens who invest a minimum of 250,000 euros in a start-up listed on the national registry Elevate Greece. Eligible investments span industries including travel, real estate, defense, and financial technology. The visa is initially granted for one year and can be renewed every other year over five years if conditions are met, including owning no more than 33% of shares or voting rights and the start-up creating and maintaining at least two jobs for five years. Applicants must apply in person at a Greek consulate. After seven years of permanent legal residence, holders may apply for citizenship.
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