Financial Investments for Golden Visa in Greece: Bonds, Deposits & Mutual Funds

   

Introduction

Greece’s Golden Visa program, governed by Law 5038/2024, offers third-country nationals the right to reside in Greece through specific financial investments. With benefits including Schengen access and long-term residence rights, the program attracts global investors.

This guide explores three of the most effective investment routes permitted under the law:

• Greek Government Bonds (€500,000).
• Time Deposit in a Greek Bank (€500,000).
• Mutual Fund Units (€350,000).

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1. Greek Government Bonds –State-Backed Investment

Investors can qualify for a Golden Visa by investing at least €500,000 in Greek government bonds. These bonds must have a minimum remaining maturity of three years at the time of purchase and must be acquired through a Greek credit institution.

Key Requirements:

• Bonds must be listed on regulated Greek markets.
• Investment must be held for the full duration of the residence permit.
• Custodian bank must be based in Greece.

Why Choose This Option? It is ideal for investors seeking stability, predictable returns, and state-backed security.

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2. Time Deposit in a Greek Bank – Simple and Secure

Another route involves placing a minimum €500,000 in a one-year time deposit at a Greek bank, with an automatic renewal instruction in place.

Key Requirements:

• Must be deposited in a licensed Greek financial institution.
• Proof of deposit and renewal is mandatory.
• Capital must remain locked during the permit’s validity.

Why Choose This Option? Best for low-risk investors seeking passive income through interest, while supporting the local banking system.

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3. Mutual Fund Units – Diversify with Professional Management

Investors may also choose to invest in mutual funds registered in Greece, with at least €350,000 directed toward eligible funds. These funds may include:

• Greek stocks.
• Corporate bonds.
• Greek government bonds.

Requirements for Eligibility:

• Fund must manage assets ≥ €10 million.
• Must be licensed by a competent capital market authority.
• Investment must be managed through a Greek-based entity.

Why Choose This Option? Ideal for investors who want portfolio diversification and access to professional fund management with exposure to the Greek market.

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Legal Framework & Due Diligence

The above investment options are authorized under Articles 99 of Law 5038/2024. Full regulatory compliance is essential, including:

• Verification of funds’ legal origin.
• Continuous holding of the investment.
• Official documentation filed with Greek immigration authorities.

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Conclusion

Greece’s Golden Visa scheme offers flexible and appealing financial investment paths. Whether you choose government bonds, a bank deposit, or mutual fund units, each option provides a unique blend of security and opportunity.

Legal Tip: Always consult with a licensed immigration and investment attorney to ensure your strategy complies fully with Greek and EU laws.

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By: Eleni Petrakou

Posted in: Our News