- You must have entered Greece legally.
- You must have full ownership, possession, and occupancy, or a percentage of undivided ownership of one or more real estate properties in Greece, the total value of which should amount to at least €250,000. Alternatively, you can sign a timeshare agreement (lease) for a minimum of 10 years for hotel accommodations or furnished tourist residences in integrated tourist resorts according to article 8, paragraph 2 of Law 4002/2011, provided the minimum cost of the lease also amounts to €250,000.
- Alternatively, you can purchase a plot of land or acreage and proceed to erecting a building, provided that the cumulative value of the land purchased and the contract with the construction company also amounts to at least €250,000.
- In cases of joint ownership, where the value of property is €250,000 or more, the residence permit is only granted if the owners are spouses with undivided ownership of the property. In all other cases of joint ownership, the residence permit is only granted if the amount invested by each of the joint owners is at least €250,000.
- If the owner has acquired the property through a legal entity, the applicant shall own 100% of the company shares.
