943aff8e-e09c-4e9e-a5e7-d196c8ce29c2
943894
Μόνιμη άδεια διαμονής επενδυτή (χρονομεριστική μίσθωση) – Αρχική χορήγηση
At a glance
Points of service
Available only digitally
Number of required documents
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
Application
Application Type
Application / Solemn Declaration
Submission by:
Submitted by the applicant (digital)
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
Related
Means of redress or 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
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
Categories
Trigger (submission method)
Application (digital)
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 €
No
2
Charge for a printout of the electronic residence permit
16 €
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
No
8298
Law
64
5100
2024
49
Α
Circular
1
9
2024
Law
100
5038
2023
81
Α
Joint Ministerial Decision
1, 2
214926
2025
6014
Β
1
Receipt of the residence permit application
Responsible for Implementation
Competent Directorate
Μethod of Implementation
Software action
Description
The third-country national submits an online application – along with the necessary supporting documents – for granting of a residence permit for investment purposes.
No
No
2
Transmission to the applicant of proof of submission of his/her application
Responsible for Implementation
Competent Directorate
Μethod of Implementation
Software action
Description
Proof of submission of the online application is provided to the applicant.
No
No
3
Checking of supporting documents
Responsible for Implementation
Competent Employee
Μethod of Implementation
Inspection
Description
A check is carried out to verify that the supporting documents are complete.
No
No
4
Transmission to the applicant of the certificate of submission of an online application for granting a residence permit
Responsible for Implementation
Competent Directorate
Μethod of Implementation
Software action
Description
A certificate of submission of an online application for granting a residence permit is transmitted to the applicant.
No
No
5
Examination of the application and biometric data
Responsible for Implementation
Competent Employee
Μethod of Implementation
Inspection
Description
At this stage, the application must be examined and the applicant’s biometric data must be obtained.
No
No
6
Issuance of a residence permit
Responsible for Implementation
Competent Director
Μethod of Implementation
Signature
Description
Following an examination of the application, the residence permit is issued.
Yes
Yes
7
Rejection of the application
Responsible for Implementation
Competent Director
Μethod of Implementation
Inspection
Description
Following an examination of the application, the application for the issuance of the residence permit is rejected.
Notes
Third-country nationals concerned have the right to appeal against the rejection decision. The objection must be submitted within two (2) months of the service of the decision.
Yes
Yes
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