Greece•EuropeB.1 — Strategic Investor Permit (Άδεια Στρατηγικού Επενδυτή - B.1)
At a Glance
3–6 months
EUR €466
10 years
Renewable
Renewal
Renewable
Family
Dependents allowed
PR Pathway
Yes
Sponsor
No job offer needed
Work
Remote work OK
Overview
Residence permit for investors making large-scale strategic investments in Greece approved under the strategic investment framework.
The Strategic Investor Permit (B.1) was established under Greek immigration law (notably Law 4251/2014 and subsequent amendments) to incentivize large-scale capital inflows into the Greek economy. It fills the gap for high-net-worth individuals and corporate entities whose investments exceed standard thresholds and offer significant national economic impact. By providing a streamlined, fast-track residence permit, Greece aims to attract major projects that stimulate growth, innovation, and job creation across key sectors like technology, tourism, and infrastructure.
This permit is designed for major investors, key executives, and essential staff of officially classified 'Strategic Investments.' Unlike standard residency programs, it requires formal approval from the Interministerial Committee for Strategic Investments. The permit is highly distinctive, offering a long-term (10-year) renewable residence status, fast-track processing, and potential tax incentives. It is ideal for business leaders and major stakeholders seeking a stable, long-term base in the EU while actively contributing to Greece’s national economic development.
Cost Breakdown
Stay & Extensions
| Initial grant | 10 years |
Conversion Paths
Visas you can typically switch to from this status.
GreeceG.1 — EU Long-Term Resident Permit (Άδεια Επί Μακρόν Διαμένοντος - G.1)
Requirements
PUBLISHED REQUIREMENTS
Must be a non-EU/EEA national.
Must be a board member or shareholder of a foreign legal entity involved in a strategic investment, or a third-country national involved in large-scale investments meeting specific criteria under Law 4864/2021.
Investment must be characterized as 'strategic' by the Interministerial Committee of Strategic Investments.
Must have a clean criminal record.
Must hold valid health insurance.
Must have legally entered Greece or be legally residing in the country.
REQUIRED DOCUMENTS
Valid passport and passport-size photos.
Proof of legal entry or residence in Greece.
Certificate of characterization of the investment as 'strategic' from the Interministerial Committee.
Criminal record certificate from the country of origin.
Private health insurance policy.
Proof of funds/investment capital.
Application form for the residence permit.
Advantages & Considerations
Key Benefits
- Allows for a 10-year residence permit (renewable).
- Provides visa-free travel within the Schengen Area.
- Can include family members (spouse, children under 21).
- May allow for tax residence benefits (e.g., maintaining tax residence abroad for non-Greek income).
- Access to health and education services in Greece.
Worth Knowing
- High threshold for investment classification as 'strategic'.
- Complex administrative process involving multiple ministries.
- Strict adherence to the investment plan is required to maintain the permit.
- Fees and regulations are subject to change under the latest Immigration Code (Law 5038/2023).
Application Process
Submit a request for the classification or certification of the investment to the Ministry of Development and Investments.
Once characterized as strategic, submit an application for a residence permit to the Directorate of Residence Permits at the Ministry of Migration and Asylum.
Undergo a review process where the Ministry of Development and Investments advises the Directorate of Residence Permits.
Provide biometrics for the residence permit card.
Pay the required administrative fee (EUR 466).
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