The Cheapest EU Residency: How to get a Greek Golden Visa

The Cheapest EU Residency: How to get a Greek Golden Visa

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Can you guess the cheapest EU residency?

For many, second residency in the European Union is a goal worth paying extra for.

EU second residencies (and, in many cases, the future second passports to follow) are more expensive and more complicated, but also offer increased freedom of movement and the potential for an excellent second passport.

For many, the easiest way to get EU residency is through residency by investment, whereby an investor purchases real estate, makes a bank deposit or makes some other investment.

The cheapest residency by investment program in the European Union is in Greece.

A mere 250,000 euro real estate investment entitles the investor and his family to live not only in Greece, but to move freely about the Schengen Area.

However, investing in Greece is not as easy as it sounds.

Andrew explains why purchasing Greek real estate for residency and future citizenship has some challenges, and you might consider other options.


Andrew Henderson travels to nearly 30 countries every year to stay up to date on the latest legal strategies for entrepreneurs and investors to pay less tax, grow their money faster, and build their personal freedom.

Andrew started Nomad Capitalist to help people like you follow his five magic words: “go where you’re treated best”. He has personally started foreign companies, opened offshore bank accounts, and obtained multiple second passports.

He also learned the hard way that perpetual information seeking is often the biggest barrier to getting the results you want. Many entrepreneurs spend months and even years constantly researching how to pay less in tax or live overseas, but are afraid to make the jump.

As a result, they get stuck and keep paying a fortune in taxes and never get the lifestyle they deserve.

Nomad Capitalist’s Youtube channel is based on Andrew’s vision that focusing on the end result, rather than the latest shiny object, is the best way to actually obtain the benefits of the Nomad Capitalist lifestyle.

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20 thoughts on “The Cheapest EU Residency: How to get a Greek Golden Visa

  1. 8:30 false. You don't need to live in Greece for 7 years to get the residency.
    You just need to hold the property for 7 years.

  2. 250,000 euro for greek passport are you serious? these days 10,000 dollars can manage easy
    to get eu citizenship only the mad people invest 250,000 euro.

  3. A got a full package of an EU citizenship without a lot of stress, with just a little of risk to go through with it by trusting an organization which is not around me. If any interested they could hit me up to get contact with them.

  4. lel I am from Greece and I am doing my best to get out of this shithole. everyone that thinks that it is some form of paradise, is fucking deluded

  5. Hi Andrew, great info as always. You mention, though, that one could live (but not work or use a health care system) in other Schengen countries with some rules applied, but don't mention that later in the video. What kind of rules would allow one to live in another country with this residency? Thanks

  6. I'm personally on a "Tier B" passport and I would like to apply for the UK Tier 1 Entrepreneur Visa, it's 200k pounds (plus a few other things that aren't an issue if you're starting a business)and that will grant you PR and passport within 5 years and UK passport is better than greece and you still have the isle of man for better taxation in the UK so unless brexit goes horribly wrong then it would be worth having a secondary EU passport to make it easier in the schengen area side of things.

  7. Andrew, I'm pretty sure Portugal lowered the amount from 500,000 to 350,000 if one buys real estate outside of Lisbon. It's still 100,000 more than in Greece but one only needs to be physically present in the country for 1 or 2 weeks a year. There's been fraud in its program, but it still seems more straightforward and "convenient" than the Greek -depending on one's goals-, and cheaper than the Spanish at 500,000.

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