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The penalty for failure to obey this law shall be a 50.000€ fine and cancelation of the residence visa. Applicants should note that the golden visa is only for residence in Greece and no other jurisdiction, as this competence is reserved to individual member states of the European Union. It also does not permit employment in Greece.
Visa requirements for Greek citizens are administrative entry restrictions by the authorities of other states placed on citizens of Greece. As of 2025, Greek citizens have visa-free or visa on arrival access to 189 countries and territories, ranking the Greek passport 6th in the world according to the Henley Passport Index .
A "golden visa" is a permanent residency visa issued to individuals who invest, often through the purchase of property, a certain sum of money into the issuing country. Dating back to the 1980s, golden visas became much more popular and available in the 21st century.
Lately, though, Portugal's golden visa has lost some luster. ... Italy and Greece also have popular programs, according to investment migration consultancy Henley & Partner's 2023 Wealth Report.
Hungary's government has submitted the outlines of a new "golden visa" programme to parliament as part of a draft bill regulating immigration from third countries to Hungary. The bill, submitted ...
For the first half of the twentieth century, immigration mostly flowed outwards from Greece. At the turn of the century, the majority of Greek immigrants migrated to the United States; from the 1950s to the 1970s, migration flowed towards other European countries, mainly the Federal Republic of Germany, where there was a labor shortage in the rebuilding process after the second world war.
Greece, [a] officially the Hellenic Republic, [b] is a country in Southeast Europe.Located on the southern tip of the Balkan peninsula, Greece shares land borders with Albania to the northwest, North Macedonia and Bulgaria to the north, and Turkey to the east.
The visa policy allows nationals of certain countries to enter the Schengen Area via air, land or sea without a visa for up to 90 days within any 180-day period. Nationals of certain other countries are required to have a visa to enter and, in some cases, transit through the Schengen area.
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