THALATTA.realty is dedicated to large real estate projects related or being part. Such properties, often are intended for hospitality city or resort projects of an LCET (Luxury Curated Experience Touring) character, often including yachting investing, sometimes including condominiums associated to a hotel business. Large real estate investments in Greece often also refer to Athens or Thessaloniki housing or office developments and commercial projects and even urban inner city redevelopments, while many investments are intended as industrial spaces and logistics and industrial level storage facilities.
These type of projects, would attract very substantial co-financing, possibly equity financing and certainly Greek bank lending on extremely beneficial for the borrower terms, while any such financing would be greatly augmented via subsidised interest, subsidised wages and HSS related costs and a very dynamic, environment related and international promotion connected, subsidies’ program, financed by the GG (Greek Government) and the EU.
The TTUK team of experts would consult, advise and facilitate investors in every step of their Greek projects, including bank mortgaging or bank lending facilitation and GG and EU programs applications.
Types of Greek Residency Visas
Regarding Long-term Residence visas, there are three types, all giving access to the Schengen-Area EU countries – the G-GV (Greek-Golden Visa), of 5-year duration, usually pricy, the G-FIP (Greek Financially Independent Persons) Visa of 3-year duration, perfectly affordable and usually easy to get and the G-DM (Greek Digital Migrants) Visa, of similar duration.
The duration of all types of Greek residency visas is renewed in increments of five (5) or three (3) years. All of these visas are processed digitally and remotely, apart for the stage, when the applicants would have to be identified biometrically, in person, usually as part of the first application. After a seven (7) year continuous residence, these visa holders can apply for Greek Citizenship, if they so wish.
1. The Greek Golden Visa (GGV), of five (5) year duration, renewable, for you and your family and free access to the Schengen-Area, which require either investing in a real estate property to live in or on some specified areas of investing, such as Government Bones, hi-tech start-ups, defence related products and services and R&D. If the means of securing ones’ GGV is property, then this particular property cannot be used as a hospitality outlet, such as AirBnB. Suffice to say, if one wishes to invest in a another (second) property asset, not related to ones’ GGV or undertaken by a member of ones’ family, already covered by a GGV, this second property, can be financed and be engaged in business, like any other asset.
GGVs are expensive, requiring a property investment of € 800K for most places, over 3,150 permanent Greek inhabitants or € 400K, for less popular locations. In very few cases, a GGV applicant can get its GGV approval and granting, by investing just € 250K on a property asset, built under special Planning and holding parameters. TTUK has access to some such properties in Athens and a few other regions in Greece.
2. The G-FIPV (Greek Financially Independent Persons Visa), aimed at non-EU citizens, (like Britons, as well as other nationalities of similar circumstances), allowing long-term (presently 3-year, renewable) residency, but strictly without permission of working in Greece, for you and your family, but with free access to the Schengen-Area.
To qualify (as per 2025), applicants generally need to demonstrate a stable monthly passive income, typically a pension, of at least €3,500 per month, which increases for spouses and dependent children, as well as, proof of health insurance and accommodation in Greece.
3. The G-DMV (Grek Digital Migrants’ Visa), is a two (2) year, renewable, residence visa, aimed at salary employed or self-employed people, working digitally across the Globe, while reside in Greece and while having full access to the Schengen Area EU countries. Applicants’ families would enjoy the same privileges, for as long as they satisfy the criteria applied for an G-FIPV (Greek Financially Independent Persons’ Visa.
The applications are made strictly at Greek Consulates in the applicants’ country, strictly digitally or via registered post. EU, EEA or Swiss citizens, don’t have to have a Digital Migrants visa, as they have this right, by EU regulations.
None of these Greek Visas gives to holders of any of these visas, a license to engage in business in Greece. However, as per international and EU rules, as well as Greek Law, anyone’s non-Greek company, for example a typical off-the-shelf UK Ltd. company, can register and own a Greek company, with all the privileges of Greek companies within the EU and the world, providing he or she is not in the payroll or in a salaried corporate position.
TTUK, would be happy to introduce you to a number of often international accountancy and/or legal practices, specialising in Greek Visas and will facilitate you in dealing with any such consultants or authorities in Greece. TTUK can of course offer professional advice to businessmen and entrepreneurs on all these issues, but would always advise you to seek local, proper and expert legal advice and financial consult, independently.