UAE investors eyeing residency in EU: Why Greece Golden Visas are surging

Golden Visa grants surge 15% in a year, new survey reveals: UAE expats, know this!

Last updated:
Justin Varghese, Your Money Editor
2 MIN READ
There is a sharp rise in Golden Visa grants in Greece.
There is a sharp rise in Golden Visa grants in Greece.
Pixabay

Dubai: The Greece Golden Visa program is making waves, and UAE-based investors are taking notice.

New data from global immigration experts Astons reveals a sharp rise in Golden Visa grants, with total initial grants jumping 15% just in the past year — pushing the total beyond 14,800 by April 2025.

But it’s not just the main investors who benefit. Thanks to family inclusions, these grants actually extend residency to nearly 28,000 additional family members. That means UAE expats looking for EU residency options can secure a lifestyle upgrade not only for themselves but their entire family.

What’s fueling the surge?

The Greek Golden Visa offers one of the most affordable and straightforward pathways to EU residency for foreign investors, starting with a real estate investment as low as €250,000 — significantly lower than other EU countries.

And now, with new rules that set tiered property prices by location (up to €800,000 in hotspots like Mykonos and Santorini), investors get flexibility and access to some of Europe’s most desirable real estate markets.

Investment options beyond property include capital transfers, government bonds, bank deposits, shares, and alternative investment funds — giving UAE investors multiple avenues to secure residency.

Family benefits are huge: the program covers spouses, children under 21, and even parents — a real bonus for multigenerational households common among UAE expats.

How long does residency last?

Golden Visas are issued for five years and renewable as long as the investment is maintained. After seven years, permanent residency and even citizenship become achievable, provided applicants meet language and residency requirements.

Important details for UAE investors:

  • Recent changes raised property investment thresholds, but old rates apply if deposits are made before September 30, 2024.

  • Properties must be at least 120 sq. meters and single units.

  • Commercial properties converted to residential are accepted with a €250,000 threshold.

  • Renting the Golden Visa property short-term or using it as a company HQ is prohibited — violations risk fines and visa revocation.

Game-changer for UAE expats?

With growing interest in EU residency, the Greece Golden Visa program offers a powerful combination of affordability, family inclusiveness, and access to the Schengen Zone. For UAE investors seeking global mobility, educational opportunities for children, or lifestyle diversification, this is a smart move.

Justin Varghese
Justin VargheseYour Money Editor
Justin is a personal finance author and seasoned business journalist with over a decade of experience. He makes it his mission to break down complex financial topics and make them clear, relatable, and relevant—helping everyday readers navigate today’s economy with confidence. Before returning to his Middle Eastern roots, where he was born and raised, Justin worked as a Business Correspondent at Reuters, reporting on equities and economic trends across both the Middle East and Asia-Pacific regions.
Related Topics:

Sign up for the Daily Briefing

Get the latest news and updates straight to your inbox

Up Next