Greece 2.0 Greece at a Glance Last Updated: 21-05-2021
- €97.3 bnEU and EU backed funding earmarked to Greece over next 6 years
- Green and Digital InvestmentsTwin drivers of Greece 2.0
- 7%Greece 2.0’s forecasted contribution to GDP growth
- 7bnInward investments channeled into Greece over past 18 months*
Investment and residence-linked incentives
Since 2014, Greece has been offering residence permits to real estate investors in Greece through the Golden Visa programme. Third party nationals who purchase property with a minimum value of €250,000 can acquire a 5-year renewable residence permit in Greece for themselves and their immediate family. In 2018, the scheme was extended to cover the purchase of securities, regulated investments, or bank deposits with a value of over €400,000. The programme provides holders with the right to visa-free travel within the EU’s Schengen area, and does not carry a requirement to reside in Greece.
Greece has also introduced incentives for foreign nationals moving their tax residence to Greece. Investors of more than €500,000 and Golden Visa holders can opt for an annual lump-sum flat tax rate of €100,000. Additional initiatives include the creation of a non-dom framework for workers and retired persons, and tax incentives for the establishment of Family Offices In Greece.