Residence permit for investment through the establishment and operation of a business (type B.2)
Residency route facts
Identity
| Official name (local) | Άδεια διαμονής για πραγματοποίηση επένδυσης μέσω σύστασης και λειτουργίας επιχείρησης (άδεια διαμονής τύπου «Β.2») as of 2023-04-01[3] |
|---|---|
| Official name (English) | Residence permit for investment through the establishment and operation of a business (type B.2) as of 2023-09-13[3][5] Translation of the statutory Greek name |
| Legal basis | Migration Code (L.5038/2023) Art. 97, with common provisions in Arts. 94-95 as of 2023-09-13[3][5] |
Who can apply
| Nationals not served by this route | EU, EEA as of 2023-09-13[3][5] |
|---|---|
| Criminal-record condition | Not established from a qualifying source General public-order screening applies; per-route documentation defined by JMD under Art. 176(46), not verified |
Permit terms
| Initial duration | 5 years as of 2023-09-13[3][5] Art. 95(1) |
|---|---|
| Renewable | Yes as of 2023-09-13[3][5] Equal renewals while the investment continues to be implemented/operated |
| Renewal duration | 5 years as of 2023-09-13[3][5] |
| Work rights | own activity only as of 2023-09-13[3][5] Permit covers the establishment and operation of the specific business; board/manager roles of a foreign-entity vehicle are expressly without remuneration (Art. 97(1)); no general labour-market access conferred |
Permanent residence and citizenship
Requirements
| Minimum capital | EUR 500,000 as of 2023-09-13[3][5] Art. 97(1): minimum investment of EUR 500,000 through establishing and operating a business seated in Greece, with positive effects on national development and the economy |
|---|---|
| Business plan required | Not established from a qualifying source Investment 'characterisation' dossier is defined by JMD under Art. 176(46); whether a formal business plan is required was not verified from the primary text |
| Endorsement required | Yes as of 2023-09-13[3][5] Permit granted by the Minister of Migration and Asylum only on positive proposal of the Foreign Direct Investments Directorate of the Ministry of Development on the characterisation of the investment and the expediency of the permit (Art. 97(1)) |
| Innovation criterion | No as of 2023-09-13[3][5] No innovation requirement in Art. 97; the statutory criterion is positive impact on national development and the economy |
Family inclusion
| Family members may be included | Yes as of 2026-02-06[2][3] |
|---|---|
| Eligible relations | spouse, registered partner, minor child, adult dependent child, parent as of 2026-02-06[2][3][4] Art. 95(2) as amended |
| Family may apply at the same time | Yes as of 2023-09-13[3][5] |
| Family members' work rights | Not established from a qualifying source Not confirmed from primary source |
Your next step
Read the requirements above considering your own situation: the income multiple, the absence limits, who you can bring. Check the country record for the reference figure those amounts are calculated from, and for anything that has changed recently.
The next step is your own case. That assessment is legal work. Create profile for our assistance in this.
Profile benefits
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Verification
| Sources cited | 5 |
|---|---|
| of which official (tier 1) | 3 |
| Oldest as-of date | 2023-04-01 |
| Newest as-of date | 2026-02-06 |
| Reviewed on | 2026-08-11 |
| Schema version | 1.1 |
Sources
- [1] Council Directive 2003/109/EC concerning the status of third-country nationals who are long-term residents
EUR-Lex (Publications Office of the EU) · statute · Tier 1 · Accessed 2026-08-04 - [2] Law 5275/2026 – promotion of legal migration policies, transposition of Directive (EU) 2024/1233 (Government Gazette A' 17/06.02.2026)
National Printing House (et.gr) · statute · Tier 1 · Published 2026-02-06 · Accessed 2026-08-04 - [3] Law 5038/2023 – Migration Code (Government Gazette A' 81/01.04.2023)
National Printing House (et.gr) · statute · Tier 1 · Published 2023-04-01 · Accessed 2026-08-04 · Archived copy - [4] New Immigration Law – Legal Flash on L.5275/2026
PwC Greece · law firm · Tier 2 · Published 2026-02-28 · Accessed 2026-08-04 - [5] L.5038/2023: Change of the conditions for granting residence permits for investment purposes
Sioufas & Associates Law Firm · law firm · Tier 2 · Published 2023-09-13 · Accessed 2026-08-04