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 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 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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