Greece is expanding its residency-by-investment framework with a startup-focused Golden Visa pathway, currently operational.
This new option, known as the Greece Golden Visa Startup Investment, complements the country’s traditional real estate-led Golden Visa and reflects the country’s shift toward innovation, entrepreneurship, and long-term economic value creation.
Este artículo trata:
- How much investment is needed for a Greece Golden Visa?
- Who’s eligible for a golden visa startup investment?
- What are the disadvantages of Greece Golden Visa startup investment?
Principales conclusiones:
- Greece’s startup Golden Visa is now operational and allows residency by investment in qualifying startups.
- The route favors active business participation over passive ownership.
- It carries higher risk than real estate, with ongoing compliance and job-creation obligations.
- The scheme aligns Greece with EU substance-based residency and innovation policies.
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La información contenida en este artículo es meramente orientativa. No constituye asesoramiento financiero, jurídico o fiscal, ni una recomendación o solicitud de inversión. Algunos hechos pueden haber cambiado desde el momento de su redacción.
What is the Golden Visa for startup in Greece?
The Golden Visa for startups in Greece is an operational residency-by-investment option that allows non-EU investors to obtain a Greek residence permit by investing in qualifying Greek startups, not just propiedad.
A key eligibility requirement of this golden visa option is that the startup must be registered on the National Startup Registry, which is part of the Elevate Greece initiative.
Elevate Greece is the country’s official government platform for identifying, supporting, and tracking innovative startups.
Being listed on this registry serves as the gateway for qualifying companies that investors can back to secure residency.
The current startup Golden Visa framework involves:
- Equidad or capital investment in a startup registered on the Elevate Greece National Startup Registry, typically via a capital increase or approved bonds issued by the company.
- Investment in companies vetted for innovation and growth through the Elevate Greece platform, which provides a centralized database and credibility filter for investors.
- Active business participation; this is a productive investment aimed at supporting growth, rather than simply holding assets.
- Operational and reporting obligations, including job creation and compliance monitoring tied to renewal eligibility.
The setup ensures that funds flow into dynamic Greek ventures with genuine economic impact rather than purely passive asset classes.
Investors must maintain their investment and meet associated conditions to retain residency status.
How do you qualify for a startup visa in Greece?
Eligibility for the Greek golden visa startup route requires a qualifying investment in an approved startup through Elevate Greece, along with compliance with business and personal criteria.
Investment criteria
- Minimum capital contribution: €250,000 into a Greek startup registered on the Elevate Greece National Startup Registry
- Investment holding period: Must be maintained for at least five (5) years
- Funds origin: All investment capital must be sourced legally and transparently from abroad
Business eligibility
- Startup registered and operating in Greece
- Focus on innovation, scalability, or strategic sectors
- Business plan approved by a competent authority
Investor profile
- Non-EU / non-EEA national
- Antecedentes penales limpios
- Valid seguro de enfermedad coverage
- Proof of financial self-sufficiency
Unlike real estate routes, passive holding alone is unlikely to qualify.
What are the risks of the Golden Visa program startup investment option?
The main risk of the Greece Golden Visa startup investment pathway is that the investment involves active business exposure rather than passive real estate.
- Business risk: Startups have higher failure rates than real estate, and capital loss is possible.
- Compliance risk: Residency depends on business continuity, meeting job creation targets, and ongoing reporting; failure can affect permit renewal.
- Liquidity risk: Startup investments are generally illiquid, with limited exit options compared to property.
- Regulatory evolution: As a new program, rules and requirements may change during early implementation years.
This route is best suited for investors comfortable with higher risk in exchange for strategic residency and engagement in Greek innovation.
Why Greece Expanded Its Golden Visa to Include Startups
Greece introduced the startup investment option in its Visado de oro to redirect foreign investment away from real estate and toward productive, innovation-led ventures, boosting economic diversification, job creation, and sustainable growth.
- Economic diversification: The real estate–centric Golden Visa contributed to housing market pressures; the startup route encourages capital inflows into dynamic sectors.
- Talent and innovation attraction: Greece seeks to draw global founders, angel investors, and scale-up capital to strengthen technology, green energy, fintech, and other high-growth ecosystems.
- Alignment with EU policy direction: By prioritizing substance-based investment and job creation over passive property acquisition, the program aligns with broader EU migration and economic priorities.
- Long-term fiscal benefits: Investments in startups foster job creation, expand the tax base, and build export-oriented businesses, offering a more sustainable economic model than property speculation.
How the Startup Route Compares to Other Greek Golden Visa Options
The Golden Visa startup route differs from other Greece Golden Visa options by requiring active business involvement and higher investor engagement.
Startup investment vs real estate
- The startup route carries higher risk and requires more investor engagement.
- Investors are not exposed to Greek property market cycles, unlike with real estate.
- Participation in the startup route requires ongoing operational involvement in the business.
Startup investment vs capital transfer or funds
- The startup option is more hands-on compared to investing through capital transfers or funds.
- Investors may realize potential upside through equity growth in the startup.
- The startup route involves greater compliance oversight than passive fund investments.
Startup investment vs bank deposits
- There is no guarantee of capital preservation in startup investments, unlike bank deposits.
- The startup route aligns more closely with long-term residency policy objectives than simple deposit-based options.
The startup Golden Visa is therefore best suited for active investors seeking engagement and growth potential, while other options remain more appropriate for those prioritizing capital preservation.
| Investment Route | Inversión mínima | Key Conditions |
| Startup Investment | €250,000 | Invest in an Elevate Greece–registered startup; equity cap applies; job creation required |
| Real Estate – High-Demand Areas | €800,000 | Single property (min. 120 m²) in Athens, Thessaloniki, or major islands; no short-term rentals |
| Real Estate – Other Regions | €400,000 | Single property (min. 120 m²) in other regions |
| Real Estate – Special Category | €250,000 | Commercial-to-residential conversion or restoration of listed buildings |
| Bank Deposit | €500,000 | Fixed-term deposit in a Greek bank |
| Shares / Corporate / Government Bonds | ~€350,000 | Investment in eligible Greek securities |
| Fondos de inversión | €350,000 | Investment in approved Greek funds |
Conclusión
The Greek startup Golden Visa option marks a shift toward impact-focused residency, connecting foreign investment directly to innovation and job creation.
Unlike passive property routes, it rewards active participation in growing businesses, offering both residency and economic influence.
Success requires careful assessment of business viability and compliance obligations, making it a pathway for strategic, hands-on investors.
As Greece’s startup ecosystem matures, this visa positions investors to benefit from and shape the country’s emerging sectors.
Preguntas frecuentes
What is the Golden Visa for real estate investment in Greece?
The real estate option for Golden Visa allows non-EU nationals to obtain residency by purchasing qualifying Greek property above a minimum investment threshold.
This route remains available but has seen increased minimums and geographic restrictions.
What is the easiest country to get a Golden Visa?
Golden Visa countries often considered accessible include Greece, Portugal, Cyprus, Letonia, and select Caribbean programs, though rules continue to change.
Can a Greece Golden Visa lead to citizenship?
Yes. A Greece Golden Visa can eventually lead to citizenship, provided the holder meets long-term residency, physical presence, integration, and language requirements.
Golden Visa status alone does not guarantee citizenship.
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Adam es un autor reconocido internacionalmente en temas financieros, con más de 830 millones de respuestas en Quora, un libro muy vendido en Amazon y colaborador de Forbes.
