PROTOCOL: EU-03
REGION: Southern Europe
STATUS:

Greece

ENTRY CAPEX €250,000
SYSTEM LATENCY 3-5 Months
PHYSICAL LOAD 0 Days / Year
TAX EXPOSURE Non-Dom (Flat Tax)
/// STRATEGIC UPSIDE
/// VULNERABILITY REPORT
  • Remote Execution: The entire process—from opening a bank account to purchasing property and submitting the visa—can be done remotely via Power of Attorney. You are only required to visit once for biometrics after the application is submitted.
  • The "Conversion" Arbitrage: While standard real estate in Athens has jumped to €800k, the new law allows a €250k entry point anywhere in the country if you purchase a commercial property (e.g., warehouse, office) and legally convert it to residential usage.
  • Paper Residency: There is zero physical stay requirement. You can hold the permanent residency card for 5 years without spending a single day in Greece.
  • UHNW Tax Cap: The "Non-Dom" tax regime allows investors to pay a flat lump-sum tax of €100,000 per year on global income, regardless of how much you earn worldwide (ideal for annual incomes >€300k).
  • Zone Complexity (Tier 1 vs. Tier 2): The country is now divided into price zones. Athens, Mykonos, Santorini, and Thessaloniki are €800k zones. The rest of the country is €400k. The cheap €250k route is highly specific to "Conversion" projects and carries construction risk.
  • Blue Paper Delays: While legally fast, specific land registries in high-demand areas (like Attica) are overwhelmed, leading to delays in issuing the "Blue Paper" (temporary residency receipt).
  • Citizenship Reality: Unlike Portugal, Greece effectively requires you to live there and learn the language to get a passport. It is a "Permanent Residency" play, not a "Direct Citizenship" play.
  • PARALLEL /// INTEL CONTACT