Golden visa (timeshare) – Initial issuance

From National Registry of Administrative Public Services



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

At a glance

Points of service

Available only digitally

Digital provision points

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

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

              Trigger

              Applied for

              Trigger (submission method)

              Application (digital)

              Type

              Outgoing

              End of Process

              Ιndefinite


            • 1 Administrative The person(s) concerned should hold a valid travel document recognised by the competent Greek authorities meeting the criteria laid down in Regulation (EU) 2016/399 ‘Schengen Borders Code’.

              No No

            • 2 Administrative The applicant/applicant should hold a required national entry visa or residence permit or have entered with a uniform visa waiver scheme or visa waiver scheme, as a residence permit holder from another Member State of the Schengen single area.

              No No

            • 3 Time limit Where the applicant/applicant has entered the country with a national entry visa, he should submit the application for the residence permit after entering the country and before the end of the national entry visa.

              No No

            • 4 Ownership The person(s) concerned should have entered into a time-share rental contract, in accordance with Law 1652/1986 (A'167) or a long-term contract of complex tourist accommodation of at least five years duration of at least eight hundred thousand (800,000) for tourist accommodation located in the Attica Region, the Regional Unit of Thessaloniki of the Region of Central Macedonia, the Regional Units of Mykonos and Thera of the South Aegean Region and for the islands with a population of more than three thousand (3,100) inhabitants. Note that Euboea is an island region subject to the 800,000 limit.

              No No

            • 5 Financial If the time-share of the tourist accommodation enters into a legal person based in Greece or another EU Member State, the third-country citizen should be able to demonstrate by depositing documents that he is the owner of all the shares, shares or shares.

              No No

            • 6 Financial Also, the agreed rental of the tourist accommodation should have been paid in full in the following ways: (a) by two-line bank cheque on a payment account of the beneficiary in Greece, (b) by transferring credits in excess of 24 of Article 4 of Law 4537/2018 (A’84) and (c) via POS established by a payment service provider operating in Greece, by debiting a credit or debit card of the buyer/buyer, to a payment account of the payee held on a payment service provider, in excess of 11 of Article 4 of Law 4537/2018, which operates in Greece.

              No No

            • 7 Insurance It should have a private insurance company insurance policy.

              No No

            • 8 Of National Security It should not be considered as a threat to public policy, public security or international relations and should not be registered as unwanted in national databases for serious reasons of public order and security for a period beyond five years.

              No No

            • 9 Health It should not pose a risk to public health.

              No No

            • 10 Identity The applicant/applicant should hold a cell phone number and e-mail address in order to submit the application.

              No No

            • 1 Paradise for a residence permit of EUR 2000 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 End of 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 entry visa in force or a uniform visa waiver scheme. Passport

              A copy of the travel document with any entry visa in force or a uniform visa waiver scheme.

              Submission by: Submitted by the applicant (digital)

              Submitted by: Persons

              Notes: A third-country citizen who fulfils the conditions for entering the arrangements laid down in Articles 96 to 100 may lodge an application by means of a proxy for a residence permit under those provisions before entering the Greek territory.

              Document submitted under requirements: No


              No 3971

            • 2 Title of residence in force issued by the Greek authorities or under visa-free status, as holders of a residence permit by another Member State of the Schengen Single Area. Residence Permit

              Title of residence in force issued by the Greek authorities or under visa-free status, as holders of a residence permit by another Member State of the Schengen Single Area.

              Submission by: Submitted by the applicant (digital)

              Submitted by: Persons

              Notes: A third-country citizen who fulfils the conditions for entering the arrangements laid down in Articles 96 to 100 may lodge an application by means of a proxy for a residence permit under those provisions before entering the Greek territory.

              Document submitted under requirements: No

              Alternative document of: 1

              Yes 4178

            • 3 Confirmation of the notary who has drawn up the notarial transfer transactions, confirming the elements of the Contracting Parties, the property details, the agreed lease, in which reference is made to the issue of an EOT trade mark, the payment of the agreed price or lease correspondingly and all specific details of the payment, in accordance with the provisions of Article 100 of Law 5038/2023 presently, the existence of any dissolutionary suspension, as well as whether that property has been used by the seller/seller for the issue of a permanent residence permit. Certificate

              Confirmation of the notary who has drawn up the notarial transfer transactions, confirming the elements of the Contracting Parties, the property details, the agreed lease, in which reference is made to the issue of an EOT trade mark, the payment of the agreed price or lease correspondingly and all specific details of the payment, in accordance with the provisions of Article 100 of Law 5038/2023 presently, the existence of any dissolutionary suspension, as well as whether that property has been used by the seller/seller for the issue of a permanent residence permit.

              Submission by: Submitted by the applicant (digital)

              Submitted by: Persons


              Document submitted under requirements: No


              No 9703

            • 4 Time-share contract or long-term contract of a complex tourist accommodation of at least five years duration indicating the price corresponding to a year. Contract

              Time-share contract or long-term contract of a complex tourist accommodation of at least five years duration indicating the price corresponding to a year.

              Submission by: Submitted by the applicant (digital)

              Submitted by: Persons


              Document submitted under requirements: No


              No 9164

            • 5 Evidence of the transfer of the relevant mortgage or registration of an instrument to the relevant real estate office in which the time-share contract has been signed or the long-term contract of complex tourist accommodation or a certificate of the lawyer in accordance with the provisions of paragraph 2 of Article 36 of the Code of Lawyers (Law 4194/2013). Proof

              Evidence of the transfer of the relevant mortgage or registration of an instrument to the relevant real estate office in which the time-share contract has been signed or the long-term contract of complex tourist accommodation or a certificate of the lawyer in accordance with the provisions of paragraph 2 of Article 36 of the Code of Lawyers (Law 4194/2013).

              Submission by: Submitted by the applicant (digital)

              Submitted by: Persons


              Document submitted under requirements: No


              No 3798

            • 6 Proof of the request for the registration or registration of a registered act to the competent holding office in which the time-share contract or long-term contract of complex tourist accommodation has been signed, or the corresponding attestation of the lawyer. Proof

              Proof of the request for the registration or registration of a registered act to the competent holding office in which the time-share contract or long-term contract of complex tourist accommodation has been signed, or the corresponding attestation of the lawyer.

              Submission by: Submitted by the applicant (digital)

              Submitted by: Persons

              Notes: A request for the registration or registration of the registered act to the competent veterinary office may only be submitted within the framework of the initial authorisation of a residence permit; the submission of the request for the renewal of the permanent residence permit should be submitted to the applicant for proof of the registration or registration of the registered act in the veterinary office.

              Document submitted under requirements: No

              Alternative document of: 5

              Yes 3798

            • 7 Acknowledgement by the EOT that it has taken note of the training of this time-share or of the long-term contract of complex tourist accommodation. Certificate

              Acknowledgement by the EOT that it has taken note of the training of this time-share or of the long-term contract of complex tourist accommodation.

              Submission by: Submitted by the applicant (digital)

              Submitted by: Persons


              Document submitted under requirements: No


              No 9703

            • 8 Private insurance policy. Insurance contract

              Private insurance policy.

              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 showing that the citizen of a third country is the owner of all company shares, shares or shares, in the event of a time-share through a legal person based in Greece or another EU Member State. Document

              Documents showing that the citizen of a third country is the owner of all company shares, shares or shares, in the event of a time-share through a legal person based in Greece or another EU Member State.

              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 photography, the technical specifications of which are the same as those of photographs submitted for Greek passports, as they apply, as well as in digital format, either in a visual storage drive (CD), or in a magnetic storage medium (USB stick) in a JPEG 2000 graphical form. Photograph

              One (1) recent colour photography, the technical specifications of which are the same as those of photographs submitted for Greek passports, as they apply, as well as in digital format, either in a visual storage drive (CD), or in a magnetic storage medium (USB stick) in a JPEG 2000 graphical form.

              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 Replacement of Article 100 and paragraph 49 of Article 176 n. 5038/2023

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

            • Circular 1 9 2024

              Description Provision of instructions on the application of the provisions of Article 100 of Law 5038/2023 (A'81), as amended by Article 64(1) of Law No 5100/2024 (A'49) and other transitional provisions of the immigration legislation, as regards investments in immovable property and the granting of permanent residence permits for investors in 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 estate (permanent residence permit) (B.5 residence permit)

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

            • Joint Ministerial Decision 1, 2 214926 2025 6014 Β

              Description To lay down special supporting documents for the granting of the permanent residence permit an investor under Article 100 of Law 5038/2023 ‘Migration Code’ (A'81) and the method of certifying the assistance of clips (c) and (d) of paragraph 2 of that Article.

              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


            • 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


            • 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


            • 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


            • 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


            • 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


            • 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



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