ΔΔ:Golden visa (timeshare) – Initial issuance

943aff8e-e09c-4e9e-a5e7-d196c8ce29c2 943894 Μόνιμη άδεια διαμονής επενδυτή (χρονομεριστική μίσθωση) – Αρχική χορήγηση

• At a Glance
• Basic information
• Application
• What you will need
• Requirements
• Fees
• Related
• Output
• Steps
• Digital steps
• Other information
• Feedback
• Legislation
• Categories
• Show Procedure
  • Steps
  • Digital Steps

At a glance

Points of service

Available only digitally

Digital provision points

• Online application

Number of required documents

7 to 8

Fees

2,016 €

Estimated Time

50 to 60 days

Description

This procedure concerns the granting of a residence permit for investment purposes and is aimed at citizens of third countries who have entered into a tourist accommodation timeshare agreement of a minimum duration of five years.

Basic information

Competent body

MINISTRY OF IMMIGRATION AND ASYLUM

Authority/Public body’s Unit responsible for the institutional framework of the procedure

Service / organizational unit of a authority entity

Directorate for Residence Permits, Directorate General for Migration Policy

Provided to

Foreigners

Related links

Validity duration

5 years

Notes

Investor residence permits do not provide right of access to any form of employment.

Last update

08/05/2026

Application

Application Type

Application / Solemn Declaration

Submission by:

Submitted by the applicant (digital)

Submitted by:

Persons

Title

Golden visa (timeshare) – Article 100 of Law 5038/2023 (B.5) – initial issuance

Notes:

Applications for residence permits for investment purposes shall be submitted via the electronic services of the Ministry of Migration and Asylum. Furthermore, a third-country national who meets the conditions for inclusion under the provisions of Articles 96 to 100 may submit, through a proxy, an application for the granting of a residence permit under the above provisions before entering Greece. The application is submitted on the basis of a relevant power of attorney, which has been executed before a Greek consular authority or before a competent foreign authority or a notary established abroad and bears the Hague Apostille (Apostille of the Hague Convention of 5 October 1961) or the corresponding authentication by the competent Greek consular authority.

What you will need

Means of authentication, identification and signature

Identification by email and mobile phone

Print

Requirements

Fees

Related

Means of redress or appeal:

Administrative appeal

The third-country national concerned has the right to appeal against the rejection decision. The application for treatment should be submitted within two (2) months of service of the decision. Applications for treatment are subject to a fee of EUR 50. The request for treatment is submitted to the department that issued the relevant decision, which decides on it within an exclusive period of thirty (30) days from the date of submission.

Output & Results

Output

Administrative Act, Decision, Digital document production

Steps

Digital steps

Other information

Alternative titles

Granting of a residence permit through a timeshare lease of tourist accommodation, Golden Visa through a timeshare lease of tourist accommodation Article 100 of Law 5038/2023 (B.5)

Official title

Golden visa (timeshare) – Initial issuance

Languages supported

Greek, English

Legislation

Categories

Τype of procedure

Residence permits

Trigger

Applied for

Trigger (submission method)

Application (digital)

Type

Outgoing

End of Process

Ιndefinite

   ΔΔ
   
   5
   2
   0

0 4

   0
   
   

   56992
   
   No
   5205600
   3466800
   
   P5Y
   Defined
   Identification by email and mobile phone
   Other
   411257
   
   
   
   
   
   
   
   Supporting document

This procedure concerns the granting of a residence permit for investment purposes and is aimed at citizens of third countries who have entered into a tourist accommodation timeshare agreement of a minimum duration of five years. 2016.00 2016.00 7 1 0

50 days 60 days

1 Administrative The applicant must have a valid travel document recognised by the competent Greek authorities and fulfilling the criteria set out in Regulation (EU) 2016/399 ‘Schengen Borders Code’.

No No

2 Administrative The applicant must have the required valid national visa or residence permit or have entered under a uniform visa waiver regime or visa-free regime, as a holder of a residence permit from another Schengen area Member State.

No No

3 Time limit If the applicant has entered the country via a national visa, he/she must submit the application for the residence permit after entering the country and before the expiry of the national visa.

No No

4 Ownership The applicant must have entered into a tourist accommodation timeshare lease agreement as per Law 1652/1986 (Government Gazette, Series I, 167) or a long-term tourist accommodation complex lease agreement of a duration of at least five years and a value of at least eight hundred thousand euro (EUR 800 000) for tourist accommodations located in the Region of Attica and the Regional Unit of Thessaloniki of the Region of Central Macedonia, the Regional Units of Mykonos and Thira of the Region of the South Aegean as well as for tourist accommodations located on islands with populations exceeding three thousand one hundred (3,100) residents according to the most recent census. It is noted that Euboea is an island region and falls within the above limit of 800 000. The minimum value of any agreement entered into in other regions of Greece is four hundred thousand euro (EUR 400 000).

No No

5 Financial In case the tourist accommodation timeshare agreement is entered into by a legal person seated in Greece or any other EU Member State, the third-country national must be able to demonstrate in writing ownership of the entirety of said legal persons corporate shares or other ownership interests.

No No

6 Financial 6. Furthermore, the agreed lease amount must have been paid in full via one of the following methods: (a) by crossed bank cheque drawn from a current account held by the beneficiary with a credit institution operating in Greece; (b) by credit transfer, as per Article 4(24) of Law 4537/2018 (Government Gazette, Series I, 84); or (c) via a POS installed by a payment service provider operating in Greece, at the debit of a bank credit or debit card from the buyer to a payment account held with a payment service provider operating in Greece, as per Article 4(11) of Law 4537/2018. The above payment may also be made by a spouse or relatives by blood or marriage of the buyer, up to the second degree.

No No

7 Insurance The applicant must have an insurance contract from a private insurance provider.

No No

8 Of National Security The applicant must not be considered a threat to public order, public security or international relations, and must not be registered as undesirable in national databases for serious reasons of public order and security for a period exceeding five (5) years.

No No

9 Health The applicant must not pose a risk to public health.

No No

10 Identity To submit an application, the applicant must have a mobile telephone number and an email address.

No No

1 Fee for residence permit, EUR 2 000 2000 €

e-Administrative Fee code 2112

Cost Calculation One-off

Method of Payment Bank cashier, Digital (debit / credit card), Digital (web banking), Hellenic Post

Type of Cost e-Administrative Fee

Fee Link https://www1.gsis.gr/sgsisapps/eparavolo/public/create.htm?langId=2

No

2 Charge for a printout of the electronic residence permit 16 €

e-Administrative Fee code 2119

Cost Calculation One-off

Method of Payment Bank cashier, Digital (debit / credit card), Digital (web banking), Hellenic Post

Type of Cost Impost

Fee Link https://www1.gsis.gr/sgsisapps/eparavolo/public/create.htm?langId=2

No

1 A copy of the travel document with any valid entry visa or under a visa waiver regime. Passport

A copy of the travel document with any valid entry visa or under a visa waiver regime.

Submission by: Submitted by the applicant (digital)

Submitted by: Persons

Notes: A third-country national who meets the conditions for inclusion under the provisions of Articles 96 to 100 may submit, through a proxy, an application for the granting of a residence permit under the above provisions before entering Greece. The application is submitted on the basis of a relevant power of attorney, which has been executed before a Greek consular authority or before a competent foreign authority or a notary established abroad and bears the Hague Apostille (Apostille of the Hague Convention of 5 October 1961) or the corresponding authentication by the competent Greek consular authority.

Document submitted under requirements: No

No 3971

2 A valid residence permit issued by the Greek authorities or under a visa-free regime, as a holder of a residence permit from another Schengen area member state. Residence Permit

A valid residence permit issued by the Greek authorities or under a visa-free regime, as a holder of a residence permit from another Schengen area member state.

Submission by: Submitted by the applicant (digital)

Submitted by: Persons

Notes: A third-country national who meets the conditions for inclusion under the provisions of Articles 96 to 100 may submit, through a proxy, an application for the granting of a residence permit under the above provisions before entering Greece. The application is submitted on the basis of a relevant power of attorney, which has been executed before a Greek consular authority or before a competent foreign authority or a notary established abroad and bears the Hague Apostille (Apostille of the Hague Convention of 5 October 1961) or the corresponding authentication by the competent Greek consular authority.

Document submitted under requirements: No

Alternative document of: 1

Yes 4178

3 A certificate issued by the notary who drew up the notarial transfer deeds, certifying the details of the contracting parties, the details of the property, the agreed lease consideration, including a reference to the granting of the relevant operating licence by the Greek National Tourism Organisation (GNTO), the method of payment of the agreed consideration or lease respectively, and all specific details of the execution of the payment, in accordance with the provisions of Article 100 of Law 5038/2023, the existence of any resolutory condition, as well as whether the specific property has been used by the seller for the issuance of a permanent residence permit for investors. Certificate

A certificate issued by the notary who drew up the notarial transfer deeds, certifying the details of the contracting parties, the details of the property, the agreed lease consideration, including a reference to the granting of the relevant operating licence by the Greek National Tourism Organisation (GNTO), the method of payment of the agreed consideration or lease respectively, and all specific details of the execution of the payment, in accordance with the provisions of Article 100 of Law 5038/2023, the existence of any resolutory condition, as well as whether the specific property has been used by the seller for the issuance of a permanent residence permit for investors.

Submission by: Submitted by the applicant (digital)

Submitted by: Persons

Document submitted under requirements: No

No 9703

4 A tourist accommodation complex timeshare or long-term lease agreement of a duration of at least five years, specifying the lease amount per year. Contract

A tourist accommodation complex timeshare or long-term lease agreement of a duration of at least five years, specifying the lease amount per year.

Submission by: Submitted by the applicant (digital)

Submitted by: Persons

Document submitted under requirements: No

No 9164

5 A certificate of registration by the competent land registry or entry of a registrable deed with the competent cadastral office, in which the tourist accommodation complex timeshare or long-term lease agreement has been registered, or a certificate issued by a lawyer as per the provisions of Article 36(2)(b) of the Lawyers’ Code (Law 4194/2013). Proof

A certificate of registration by the competent land registry or entry of a registrable deed with the competent cadastral office, in which the tourist accommodation complex timeshare or long-term lease agreement has been registered, or a certificate issued by a lawyer as per the provisions of Article 36(2)(b) of the Lawyers’ Code (Law 4194/2013).

Submission by: Submitted by the applicant (digital)

Submitted by: Persons

Document submitted under requirements: No

No 3798

6 Proof of submission of application for transfer or registration of a registrable deed with the competent cadastral office, in which the tourist accommodation complex timeshare or long-term lease agreement has been registered, or a corresponding certificate issued by a lawyer. Proof

Proof of submission of application for transfer or registration of a registrable deed with the competent cadastral office, in which the tourist accommodation complex timeshare or long-term lease agreement has been registered, or a corresponding certificate issued by a lawyer.

Submission by: Submitted by the applicant (digital)

Submitted by: Persons

Notes: By way of derogation, the proof of the application for transfer or registration of registrable deed with the competent cadastral office may be submitted only as part of the initial granting of the residence permit. The proof of transfer or registration of the registrable deed with the cadastral office must be submitted together with the application for renewal of the golden visa.

Document submitted under requirements: No

Alternative document of: 5

Yes 3798

7 Confirmation by GNTO that it has been informed of the tourist accommodation complex timeshare or long-term lease agreement. Certificate

Confirmation by GNTO that it has been informed of the tourist accommodation complex timeshare or long-term lease agreement.

Submission by: Submitted by the applicant (digital)

Submitted by: Persons

Document submitted under requirements: No

No 9703

8 An insurance contract from a private insurance provider. Insurance contract

An insurance contract from a private insurance provider.

Relevant link: http://www1.eaee.gr/

Submission by: Submitted by the applicant (digital)

Submitted by: Persons

Document submitted under requirements: No

No 6183

9 Documents demonstrating that the third-country national is the owner of all shares or other ownership interests, in the case of a timeshare lease through a legal entity established in Greece or another Member State of the EU. Document

Documents demonstrating that the third-country national is the owner of all shares or other ownership interests, in the case of a timeshare lease through a legal entity established in Greece or another Member State of the EU.

Submission by: Submitted by the applicant (digital)

Submitted by: Persons

Document submitted under requirements: Yes

Document’s requirement: Financial

No 4084

10 One (1) recent colour photograph in hard copy format, which meets the same technical specifications as those applicable to photographs submitted for Greek passports, as in force from time to time, as well as in digital format, either on an optical storage disk (CD) or on a magnetic storage medium (USB stick) in JPEG2000 format. Photograph

One (1) recent colour photograph in hard copy format, which meets the same technical specifications as those applicable to photographs submitted for Greek passports, as in force from time to time, as well as in digital format, either on an optical storage disk (CD) or on a magnetic storage medium (USB stick) in JPEG2000 format.

Relevant link: https://www.gov.gr/en/ipiresies/polites-kai-kathemerinoteta/stoikheia-polite-kai-tautopoietika-eggrapha/myphoto-gia-polites

Submission by: Submitted by the applicant (digital)

Submitted by: Persons

Relevant Procedure: MyPhoto for citizens

Document submitted under requirements: No

No 8298

Law 64 5100 2024 49 Α

Description Residence permit linked to investment in real property – Replacement of Article 100 and Article 176(49) of Law 5038/2023

Legal references https://ia37rg02wpsa01.blob.core.windows.net/fek/01/2024/20240100049.pdf

Circular 1 9 2024

Description Instructions for implementation of the provisions of Article 100 of Law 5038/2023 (Government Gazette, Series I, 81), as amended by Article 64(1) of Law 5100/2024 (Government Gazette, Series I, 49) and other transitional provisions of migration legislation, concerning investments in real property and granting of golden visas to third-country nationals.

Legal references https://migration.gov.gr/wp-content/uploads/2024/10/9%CE%95%CE%B3%CE%BA%CF%8D%CE%BA%CE%BB%CE%B9%CE%BF%CF%82-Golden-24.9.2024-FINAL.pdf

Law 100 5038 2023 81 Α

Description Investments in real property (golden visa) (residence permit ‘B.5’)

Legal references https://ia37rg02wpsa01.blob.core.windows.net/fek/01/2023/20230100081.pdf

Joint Ministerial Decision 1, 2 214926 2025 6014 Β

Description Specification of special documentation for granting of the golden visa of Article 100 of Law 5038/2023 ‘Migration Code’ (Government Gazette, Series I, 81) and method of certifying the cases of par. 2(c) and (d) thereof.

Legal references https://ia37rg02wpsa01.blob.core.windows.net/fek/02/2025/20250206014.pdf

1 Receipt of an application for a residence permit

Responsible for Implementation Competent Directorate

Μethod of Implementation Software action

Description The third-country citizen shall submit an application electronically - and the necessary supporting documents - for a residence permit on investment grounds.

No No

PT4H PT2H

2 Sending proof of application to the applicant/applicant

Responsible for Implementation Competent Directorate

Μethod of Implementation Software action

Description Evidence shall be provided to the applicant/supplier.

No No

PT2H PT1H

3 Verification of supporting documents

Responsible for Implementation Competent Employee

Μethod of Implementation Inspection

Description They shall be examined if the supporting documents are complete.

No No

P10D P7D

4 Send to the applicant/applicant of the electronic application for a residence permit

Responsible for Implementation Competent Directorate

Μethod of Implementation Software action

Description It shall be sent to the applicant/applicant for an electronic application for a residence permit.

No No

P2D P1D

5 Checking the application and biometric data

Responsible for Implementation Competent Employee

Μethod of Implementation Inspection

Description At this stage, the application is examined and the applicant/applicant biometric data are received.

No No

P40D P30D

6 Adoption of a residence permit

Responsible for Implementation Competent Director

Μethod of Implementation Signature

Description A residence permit shall be issued after the verification of the application.

Yes Yes

P8D P2D

5

7 Rejection of an application

Responsible for Implementation Competent Director

Μethod of Implementation Inspection

Description An application for a residence permit shall be rejected after the check on the application.

Notes The third-country person concerned shall have the right to challenge the rejection decision; the application for treatment should be submitted within two (2) months of the decision being delivered.

Yes Yes

P8D P2D

5

https://portal.immigration.gov.gr/electronic-applications/ Electronic application