Five-year renewable B.5 permit.
Greece · investor residence
A property that works even without the residence card.
Greece's property route can provide a five-year renewable residence permit. The useful decision is whether the property and location fit your life and meet today's price, floor-area and use rules before you buy.
THE ROUTE AT A GLANCE
Understand the route before you commit.
A programme name says little about the rights you and your family will actually be able to use.
Property purchase from €400,000 or €800,000 by location; €250,000 only for narrow special routes.
Article 100 gives B.5 permit holders no access to work in Greece.
Purchase does not create citizenship or EU-wide settlement rights.
01 / STARTING POINTS
What could this route make possible for you?
A residence right is valuable when its effect fits your life, family or business purpose.
Mediterranean family base
Plan schooling, care and seasonal or full-time use.
Property decision
Test regional thresholds, asset type and exit as an investment.
Second European base
Use a Greek permit for a real plan without assuming EU-wide rights.
02 / LEGAL EFFECT
What the status grants. And what remains separate.
Residence, work, family and tax are not compressed into one promise.
LEGAL INSTRUMENT
ARTICLE 100 · B.5
Five years of residence, renewable. The permit does not allow gainful work in Greece.
03 / BASIS AND CAPITALStandard routes: one property; built property or property with a building permit needs at least 120 m² of main space. Complete conversion before applying and listed-building restoration before the first renewal.
What qualifies for this route.
€800,000
Attica, Thessaloniki, Mykonos, Santorini and islands with more than 3,100 residents.
€400,000
Other areas of Greece.
€250,000
Only qualifying conversions to residential use or listed buildings under separate conditions.
04 / LIFE BEHIND THE PERMIT
Residence alone does not settle daily life.
Who may join you, what you may do locally and how tax is affected are three distinct questions.
Family and daily life
Check eligible relatives and evidence for the actual application.
Work and business
Article 100 gives B.5 permit holders no access to work in Greece.
Tax position
A residence permit does not determine tax residence on its own. Home, actual presence, activity and applicable treaties require separate review.
05 / MAINTENANCE AND OUTLOOK
Keeping the status is part of the decision.
A sound plan considers admission alongside presence, renewal and the longer outlook.
Presence
Assess travel rights, actual home use and later long-term ambitions separately.
Renewal and duties
Continued qualifying ownership must be evidenced for renewal.
Later status
Purchase does not create citizenship or EU-wide settlement rights.
06 / PROCESS AND COSTS
The next step begins before applying.
Sequence property/legal diligence, acquisition, evidence and residence application.
Calculate the whole decision.
Where minimum amounts are stated, they are legal eligibility thresholds at the documented source date, not estimates of total cost. We review fees and other costs for the individual case before filing.
- Qualifying investment or economic basis
- Government fees and translations
- Legal and tax review
- Family, insurance and location
- Ongoing duties and renewal
- Potential exit or status change
07 / FIT AND LIMITS
When this route belongs on your shortlist.
A suitable permit serves a specific purpose. Where its rights or duties do not fit, comparison with another route begins.
The deciding question
Does the property serve your family and capital even without the residence card?
Where this route stops
For new acquisitions, short-term letting and related subletting under the sharing-economy rules are prohibited; older transitional acquisitions follow separate rules. The €250,000 exception is not a general low threshold; conversion or listed-building obligations may be material.
08 / WHAT NBF EXAMINES
Test the property and its use before committing capital.
You receive a filter for property, location and intended use, plus the questions Greek specialists must confirm before a purchase.
Property filter
Check category, location and the applicable eligibility threshold for the specific property.
Use plan
Assess personal use, letting, family and potential activities separately.
Purchase decision
Put legal, tax and cost questions in order before funds are committed.
09 / SOURCES AND REVIEW
The basis for the decision stays visible.
Programme brochures can explain routes. Responsible authorities and the current case determine their legal effect and conditions.
EDITORIAL VERSION · 2 OCTOBER 2026Sources and reviewView sources
The stated rules are grounded in the linked sources. Conditions, administrative practice and fit for your case are checked again before an individual recommendation.
Thresholds, permit and general use rules were checked against official sources. Before purchase, property classification, main area, any special route and family evidence still require case-specific review.
THE NEXT DECISION
Does Greece fit your life – and the property fit the route?
First test how your family would use the location and which rights you need. Then assess the property category, location and capital commitment behind the plan.
