+44 207 043 6026
Let’s Talk Let’s Talk
  1. Home
  2. Case Studies
  3. Greece
  4. Residence Permit
  5. Indian Investor and Family Obtain Greek Golden Visa via Piraeus Property Investment

Indian Investor and Family Obtain Greek Golden Visa via Piraeus Property Investment

Program

Greece

Timeline

6 months

Investment

€528,464

Family Size

4 person

Names and photos changed for client privacy

Case provided by Astons expert

Susanna Uzakova

Susanna Uzakova

Senior Citizenship & Residency Advisor

Contents

Speak With an Expert

Get an expert advice for your unique situation

Susanna Uzakova

Susanna Uzakova

Senior Citizenship & Residency Advisor

Book Consultation

+357 97 424386

European residency is a practical tool, providing freedom of movement, access to banks, and business partnerships.

Rahul M.

Entrepreneur , UAE

PROFILE

Entrepreneur & Family

Main Applicant 45 y.o.
Spouse 42 y.o.
Parents 64, 68 y.o.

goals

Client Requirements

  • EU residency & mobility
  • Liquid real estate investment
  • Residency for parents

Client Situation

In spring 2024, an Indian entrepreneur based in Dubai approached Astons to secure EU residency through real estate investment. His objectives were:

  • Obtain Greek residency for himself, his spouse, and elderly parents.
  • Invest in a property with strong liquidity and rental potential.
  • Maintain UAE tax residency with minimal physical presence requirements in Greece.

The client required a program that allowed rental income and offered flexible residency conditions, ensuring both family security and strategic business mobility.

Solution

The Greek Golden Visa program provided the optimal solution. It offers:

  • Flexible tax regulations and minimal residency requirements.
  • A reliable, well-established residency-by-investment framework.
  • Access to a real estate market with strong capital appreciation and rental potential.

At the time of application, Greece was preparing to raise minimum investment thresholds, particularly in Piraeus. Acting quickly was essential to secure a qualifying property at the optimal price.

Astons, recognised by the European Property Awards 2024-2025 as the top real estate agency in Greece, works exclusively with licensed and vetted property developers. From our curated portfolio, the client selected a fully finished apartment in Piraeus – a fast-growing suburb of Athens known for strong property demand and long-term growth potential.

Step-by-Step Process of Obtaining Greek Residency With Astons

1. Consultation With Astons Immigration Specialist
Within 24 hours, Rahul’s eligibility was confirmed, including the inclusion of his spouse and parents. Greece requires strict due diligence and proof of lawful source of funds; our assessment ensured maximum approval chances.

2. Property Portfolio Preparation
Astons presented a curated portfolio of new, high-quality, business-class apartments. Rahul selected a fully finished and equipped unit in a gated Piraeus development which is ideal for rental and long-term capital growth. A 10% deposit secured the property.

3. Document Preparation
Using a power of attorney, Astons’ Greek attorney signed the purchase agreement at the notary. Rahul was able to complete the purchase remotely, without travelling to Greece.

4. Application Submission
Once the property, taxes, government fees, and medical insurance were in order, Astons submitted the residency application electronically.

5. Processing and Approval
The application was processed promptly. After developer confirmation of payment, approval took approximately 10 days.

6. Issuance of Temporary Entry Permit
The family received the “White Paper”, a temporary entry permit, granting up to one year to travel to Greece and complete biometrics.

7. Biometrics Appointment
The family visited Greece to provide fingerprints and photos (mandatory for all applicants over six years old).

8. Residency Card Issuance
Six months after the property purchase, Astons’ attorney collected and shipped the 5-year renewable residency cards to Dubai. All four family members obtained full Greek residency who;e maintaining investment compliance.

Current Investment Thresholds | Global Comparison of RBI Programs

Program Investment Threshold Processing Time Schengen Access Physical Presence Requirement

Greece Greece

Residency

 from €250,000 4 months None None

Portugal Portugal

Residency

 from €500,000 18 months None None

Malta Malta

Residency

 from €169,000 9 months None None

Hungary Hungary

Residency

 from €250,000 4 months None None

Italy Italy

Residency

 from €500,000 3 months None None

Cyprus Cyprus

Residency

 from €300,000 8 months None None

Key Insights:

  • Greece offers one of the most accessible pathways to EU residency with low investment thresholds and no minimum stay requirements.
  • Malta and Hungary are similarly flexible for investors seeking minimal travel obligations.
  • Portugal and Cyprus require some physical presence, which may affect lifestyle planning.
  • Italy’s program focuses on business investments, making it ideal for entrepreneurs but requiring a longer commitment.

Investment Breakdown: Piraeus Apartment

Property

€500,000

Property Transfer Tax (3.09% of property price) €15,450
Land Registry Fee (0.6% of property price) €3,000
Notary Fees (1.5% of property price) €7,500
Immigration Fees (family of 4) €2,000 (main applicant) + 3 × €150 = €2,450
Residency Cards (4 × €16) €64
Total Investment: €528,464

 

Notes:

  • Astons’ legal and service fees are additional and depend on the complexity of the transaction.
  • Extra costs may include document translations and private health insurance.
  • This breakdown ensures transparency and allows investors to plan the total Greek Golden Visa cost accurately.

Personalised Cost Breakdown for Program Participation

Get your investment estimate

Similar Success Stories

How the Greece Golden Visa Became a Gateway to Europe for an Egyptian Property Developer Ahmed has spent more than two decades in Egypt’s construction industry, successfully delivering large-scale residential projects across Cairo and Alexandria. As his company prepared to enter the European market, he required consistent, secure access to the EU and the ability to attend high-level negotiations without delays or visa constraints. How Astons Secured Greece Residence for Three Generations of a Turkish Family High-quality European education is one of the key priorities for many parents outside the EU. A diploma from an EU country provides strong career prospects worldwide. However, not every family is ready to send their child alone to a foreign country. Iranian Family Secures Greek Residency to Safeguard Mobility and Prepare Their Children for European Education In 2024, a successful entrepreneurial family from Iran partnered with Astons to access one of Europe’s most prestigious residency-by-investment programmes. Their objectives were threefold: to establish a secure legal foothold in the European Union, unlock world-class educational opportunities for their children, and guarantee that the entire family - including the grandmother - could remain together seamlessly across borders.

Result

Rahul and his family successfully obtained a 5-year Greek residency permit, renewable as long as the property investment is maintained.

Key benefits include:

  • Visa-Free Travel: Full access to the Schengen Area for all family members.
  • European Access: Banking, healthcare, and education opportunities without relocating tax residency from the UAE.
  • Investment Performance: The Piraeus property appreciated by 12% in the first year, reflecting Greece’s strong real estate growth.
  • Rental Income: Generates a 4% annual rental yield, driven by high demand from expats and corporate tenants.
  • Family Mobility: Rahul’s elderly parents enjoy unrestricted travel across Europe, able to stay up to 90 days in any Schengen country per 180-day period.

This case demonstrates how a strategic property investment in Greece can simultaneously provide residency, mobility, and financial returns.

Why Greece Attracts Investors

Greece remains a top choice for international investors seeking European residency due to its affordable investment thresholds, efficient processing, and strategic benefits:

  • Low Entry Investment: Residency achievable from €250,000 in qualifying real estate.
  • Efficient Timeline: Residence permit approval from approximately 6 months.
  • Flexible Residency: No minimum stay requirement to maintain the permit.
  • Schengen Access: Full visa-free travel across the 26 Schengen countries.
  • Business-Friendly: Opportunity to open a company and bank account in Grece.
  • Attractive Returns: High rental yields and potential capital appreciation in key locations.
  • Tax Advantages: Non-Dom tax regime allows a €100,000 flat tax on global income. Ideal for investors maintaining foreign tax residency.
  • Path to Citizenship: Potential eligibility for EU citizenship after meeting residency requirements and investment continuity.

The combination of affordability, mobility, and investment potential makes Greece an appealing destination for global entrepreneurs and families seeking EU residency.

Register for Our Upcoming Events

Ultimate Guide for a Greek Golden Visa

Discover how to secure EU residency through Greece's €250,000 Golden Visa programme at our expert-led webinar. Get all the crucial details about investment options and benefits.

Upcoming webinar

Ultimate Guide for a Greek Golden Visa

Discover how to secure EU residency through Greece's €250,000 Golden Visa programme at our expert-led webinar. Get all the crucial details about investment options and benefits.

Sunday, December 2nd — Wednesday, December 2nd from 6:00pm to 6:00pm

Speakers

Aleksandr Kosovsky

Investment Citizenship Expert

Igor Nemtsov

Head of UAE Office

Reserve Your Spot

Explore Our Calendar of Events

Gain unrestricted access to +125 countries, including the world's leading financial centres

View All Events

Residency by Investment

Cyprus Cyprus

Residency

from €300,000

~8 months

Processing time

  • Purchase of new property
  • Eligibility for citizenship after 8 years
  • Non-Dom tax regime
Explore Program

Greece Greece

Residency

from €250,000

~4 months

Processing time

  • Real estate purchase
  • Eligibility for citizenship after 7 years
  • Most accessible and fastest program
Explore Program

Hungary Hungary

Residency

from €250,000

~4 months

Processing time

  • Investment in a fund / non-refundable donation
  • Visa-free access to Schengen countries
  • Eligibility for citizenship after 8 years
Explore Program

Italy Italy

Residency

from €500,000

~3 months

Processing time

  • Investment in shares or bonds / non-refundable contribution
  • Eligibility for citizenship after 10 years
  • Visa-free access to Schengen countries
Explore Program

Malta Malta

Residency

from €169,000

~9 months

Processing time

  • Rental or property purchase
  • No residency requirements
  • Visa-free access to Schengen countries
Explore Program

Portugal Portugal

Residency

from €500,000

~18 months

Processing time

  • Investment in a fund
  • Eligibility for citizenship after 7–10 years
  • Visa-free access to Schengen countries
Explore Program

Turkey Turkey

Residency

from $200,000

~2 months

Processing time

  • Real estate purchase
  • Visa-free access to 115+ countries
  • Eligibility for citizenship after 5 years
Explore Program

UAE UAE

Residency

from $204,000

~2 weeks

Processing time

  • Real estate purchase
  • Rental income ~7% per year
  • Possible domestic staff inclusion
Explore Program

USA USA

Residency

from $800,000

~12 months

Processing time

  • Investment in a regional fund
  • Returnable investment
  • Eligibility for citizenship after 5 years
Explore Program

let’s talk

Receive a Personalised Investment Immigration Solution

It’s time to take control of your future. Start your residency journey today with a personalised consultation.

Schedule a Consultation
Tamara Chetcuti

Tamara Chetcuti

Real Estate Expert, Head of Greek Office

Similar Success Stories

10 minutes Greece Residence Permit 27 February 2026 Indian Investor and Family Obtain Greek Golden Visa via Piraeus Property Investment
10 minutes Greece Residence Permit 27 February 2026 How the Greece Golden Visa Became a Gateway to Europe for an Egyptian Property Developer
8 minutes Greece Residence Permit 27 February 2026 How Astons Secured Greece Residence for Three Generations of a Turkish Family
12 minutes Greece Residence Permit 27 February 2026 Iranian Family Secures Greek Residency to Safeguard Mobility and Prepare Their Children for European Education
13 minutes Cyprus Residence Permit 27 February 2026 How Astons Secured Cyprus Permanent Residence and Tax Optimization for a London IT Entrepreneur
10 minutes Greece Residence Permit 27 February 2026 How Astons Revived EU Business Post-Brexit with Greece Residence
10 minutes Greece Residence Permit 27 February 2026 How an Astons Client Secured Greece Residence and Non-Dom Tax Status
5 minutes Greece Residence Permit 27 February 2026 UK Investor Gains Greek Golden Visa with Final €250,000 Property in Piraeus
5 minutes Greece Residence Permit 20 February 2026 British Family Secures a Long-Term Future in Greece with Golden Visas for Both Parents and Adult Son
5 minutes Greece Residence Permit 20 February 2026 U.S. Investor Gains Greek Residency with a €400,000 Penthouse in Athens
×

schedule a Meeting

Let’s Discuss the Details

Our expert will create a tailored solution based on your needs within 24 hours

Susanna Uzakova

Susanna Uzakova

Senior Citizenship & Residency Advisor

Your Data is Protected

Your information is protected under strict privacy policies

Discover Your Path to Global Mobility

Family Dependents

Promo Code

Preferred contact method: