Frequently Asked Questions
Yes, individuals who have resided continuously in Greece for 7 years and meet certain language and integration requirements are eligible to apply for citizenship.
No, investment payments are made in euros. However, we provide expert guidance on converting your Turkish lira into foreign currency and on the transfer process.
Yes, you can. However, to sell the property, either your Golden Visa period must have expired, or the buyer must be an eligible investor able to take over the Golden Visa rights.
Yes. Your spouse, children under the age of 21, and your or your spouse’s parents are eligible to participate in the program.
Yes. You must have a bank account in Greece to apply for investment and Golden Visa. We will organize the opening of the account for you.
Yes. For some projects, we offer an annual rental guarantee of 3% to 5% for a period of 3 to 5 years. Details vary depending on the project’s location and developer.
Yes. You can generate income by renting out your property on a short- or long-term basis. At PortaNova, we also offer property management and rental support throughout this process.
Once all documents and payments have been completed, the Golden Visa card is usually delivered within 6–8 months. However, the white paper (preliminary approval) is issued within 2–3 months and grants entry to the Schengen area.
Yes, in areas where the total amount reaches €250,000, multiple apartments can be purchased. However, in areas where the total amount reaches €500,000, only a single property can be purchased.
The Golden Visa is a program that grants residence permits to foreign investors and their families who make a certain amount of real estate investment in Greece. It offers visa-free travel in Schengen countries, residence in Greece, and investment rights.
As of 2024, the minimum investment amount is €500,000 in Athens, Thessaloniki, Mykonos, Santorini, and some tourist areas; €250,000 in other areas (e.g., Lamia, Patra, some areas outside Athens).
We manage the entire process from start to finish, including selecting the right property in the right location, investment consulting, property management, coordinating with lawyers and banks, preparing Golden Visa applications, tracking residence permits, and providing post-settlement support.
At PortaNova, we connect you with lawyers, certified translators, and authorized real estate developers in Greece. We work with you every step of the way.
No, you only have to pay tax if you earn rental income from your property. If you have annual rental income, you will be taxed at rates starting at 15%.
