Q&A

You can use real estate as collateral, just like the Greeks.


Holders of residence permits enjoy a public education similar to that of Greeks. Regarding access to medical services, citizens of third countries and their family members subject to the current law must purchase insurance that can cover their medical care and medical care costs. The following documents can be submitted to prove that this condition has been met: an insurance contract signed outside Greece, provided that such contract clearly states that the coverage includes the period of stay of the applicant in Greece.



Regardless of whether you own one or more properties, you are entitled to the right of abode, provided that the total value is equal to or greater than € 250,000.


The amount of €250,000 refers to the price shown in the contract.Residency is granted to both spouses if the property is jointly owned



No, unmarried partners are not considered family members.



According to the law, family members of third country citizens who can enter Greece are:

a. spouse

b. Immediate offspring of spouse under 21

c. Spouse's immediate relatives

Holders of residence permits enjoy a public education similar to that of Greeks. Children can apply for admission to a well-known local international school with tuition fees between 8,000 Euros. If you choose a public school, everything from a nursery to a doctorate is free.

Regarding access to medical services, citizens of third countries and their family members subject to the current law must purchase insurance that can cover their medical care and medical care costs. Investors who have obtained a residence permit in Greece through a home purchase immigration can enjoy free public medical services just like local citizens. In addition, if customers need higher-level medical services, they can choose a private hospital or purchase medical insurance at a private hospital. Medical insurance prices are not high, only a few hundred euros per year, and can cover the costs of common diseases, surgery and hospitalization. For resident customers, there is also a higher insurance coverage that covers the entire EU.

Except for non-citizens who are legally resident, they enjoy the same treatment, education, health care and social benefits as citizens of the host country.


The law states that € 250,000 must be the price stated in the contract. No distinction is made between commercial and residential real estate.

Therefore, Greek immigrants who buy a house do not limit the type of real estate they purchase, including: houses, shops, office buildings, farmland, factories, warehouses, or residential construction land. As long as the value of the real estate is not less than 250,000 euros, you can apply for permanent residence.

A residence permit never grants any type of employment qualification. According to Article 20, paragraph 6, of Law No. 4251/2014, employment does not include economic activities carried out by shareholders or chief executive officers. Family members who have obtained a residence permit (which is valid for the same period as the sponsor's residence permit) are also not allowed to enter the job market. Although you cannot work as an employee, you can set up a company and manage the company as the company's share holder.


For the free entry and exit of individuals in the Schengen area, a residence permit or long-term visa is valid. Any citizen holding a long-term visa issued by the Schengen country with a validity of one year (for example, a residence permit for a real estate owner) can, within the 6-month period, based on the same conditions that apply to a residence permit holder Traveled to other Schengen countries and stayed for up to three months, and was granted multiple entry rights. You can go directly to any Schengen country you want to go to.


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