Investment Based Business Residence Permit
Overview
The Investment-Based Business Residence Permit is a special category of Greek
residence permit designed for non-EU nationals who invest in or establish a
business in Greece. Unlike passive investment routes (such as real estate Golden Visa), this permit is
active and business-driven, meaning the applicant must directly participate in
economic activity that contributes to the Greek economy. It is governed under:
� Greek Immigration Code (Law 5038/2023), Articles 96–100A
Investment Requirements
This residence route is divided into structured investment categories:
Business Establishment / Operation Route
- Minimum investment: €500,000+
- Must involve:
o Establishment of a new company in Greece, OR
o Expansion of an existing foreign business into Greece
The investment must demonstrate positive impact on national development and
employment
Always verify the latest requirements with a competent representative before
submission
Strategic / Corporate Investor Route
- Applies to executives, shareholders, or directors of investing companies
- Up to 3 residence permits may be granted per investment entity depending on capital
structure
Executive Entry Provision
- Up to 10 foreign executives may be granted entry/residence under supporting work
categories (EU Blue Card, intra-company transfer, etc.) tied to the investment project
Eligibility Requirements
Applicants must meet the following criteria:
- Non-EU / non-EEA / non-Swiss nationality
- Minimum 18 years of age
- Clean criminal record
- Proof of legally sourced investment funds
- Approved business or investment plan
- Demonstrated economic benefit to Greece
- Valid Type D national visa before arrival
� Approval is granted only after review by the Greek Ministry of Migration and
Investment authorities
Approved Investment Types
Eligible investment activities may include:
- Establishment of commercial companies in Greece
- Expansion of foreign businesses into Greece
- Industrial or manufacturing investments
- Tourism and hospitality developments
- Technology and innovation enterprises
- Large-scale service operations
The key requirement is economic contribution (jobs, GDP impact, or strategic value
Processing Timeline
Step 1: Pre-Approval Stage
- Business plan submission & review: 1–3 months
Step 2: Visa Stage
- Type D visa issuance: 4–8 weeks
Step 3: Residence Application
- Submission in Greece upon arrival
Step 4: Government Review
- Evaluation period: 2–4 months
Total estimated timeline:
� 3 to 6 months (average processing time)
Key Benefits
✔ Legal Residence in Greece
Live in Greece while actively managing your investment.
✔ Business Operations
- Establish or manage a Greek company
- Hire staff (depending on structure)
- Operate across EU markets via Greece base
✔ Family Inclusion
- Spouse included
- Dependent children included
✔ Pathway to Long-Term Residency
- Eligible for permanent residence after continuous legal stay
- Possible citizenship pathway after ~7 years (subject to integration requirements)
Important Clarification
This permit is often confused with the Greek Golden Visa, but they are
fundamentally different:
Golden Visa
- Passive real estate investment
- No work required
- €400K–€800K real estate
- Easier residency approval
Investment-Based Business Permit
- Active business investment
- Business operation required
- €500K+ business investment
- Strict evaluation process
Who This Program Is Best For
✔ Ideal for:
- Entrepreneurs expanding into the EU market
- Investors planning long-term business operations in Greece
- Companies relocating regional headquarters
- High-capital founders seeking EU residency through business activity
Not suitable for:
- Passive investors
- Small startups with low capital
- Individuals seeking quick or guaranteed residency
Summary
The Investment-Based Business Residence Permit is a high-value Greek
immigration route designed to attract serious foreign investors and active
entrepreneurs.
- Minimum investment: ~€500,000+
- Processing time: ~3–6 months
- Requires active business operations
- Includes family residency
- Strong long-term EU residency pathway