Under the Immigration and Social Integration Code (Law 4251/2014, Government Gazette 1, no 80), non-EU nationals and their family members may be granted a Greek permanent residency permit in exchange for an investment in real estate.
Investment may be purchasing real estate property, or a timesharing agreement with a duration of at least 10 years, or lease with a duration of at least 10 years of hotel facilities or furnished homes in combined tourist facilities.
It doesn’t matter whether the property is commercial or residential.
The minimum investment must be at least €250,000.
The Greek permanent residence permit has a duration of 5 years, renewable, provided that you still own the property.
Family members include the spouse, the lineal descendants of the spouses, who are under 21 years old, and the lineal ascendants of the spouse.