The Greece Golden Visa program is one of Europe’s most popular residency-by-investment schemes, offering non-EU citizens a pathway to live in Greece through property investment. However, many potential applicants wonder: Can you work in Greece with a Golden Visa? Let’s explore the answer in detail.
Understanding the Greece Golden Visa
The Greece Golden Visa grants residency to individuals who invest a minimum of €250,000 in Greek real estate. It allows holders and their immediate family members to live in Greece, travel freely within the Schengen Zone, and access healthcare and education services. However, the primary purpose of the visa is residency, not direct employment.
Employment Rights for Golden Visa Holders
Golden Visa holders are allowed to live in Greece but are not automatically permitted to work as employees under Greek labor law. In simple terms:
You cannot take up salaried employment (e.g., working for a Greek company or organization).
You can, however, own and manage businesses in Greece.
This means investors can open, operate, and profit from their own businesses, such as real estate agencies, tourism companies, or restaurants.
Business Opportunities for Golden Visa Holders
While direct employment is restricted, many Golden Visa holders find business ownership an attractive alternative. Greece offers significant opportunities in sectors like:
Tourism and hospitality
Real estate development
Food and beverage
Technology startups
By setting up a business, Golden Visa holders can actively participate in Greece’s economy while enjoying the benefits of residency.
Special Cases and Future Changes
Occasionally, discussions arise about expanding work rights for Golden Visa holders, but as of 2023, no major changes have been implemented. It’s important to stay updated through official channels or consult with a legal expert for the latest regulations if you plan to move to Greece under this program.
Conclusion
In short, Golden Visa holders cannot work as employees in Greece but are free to run their own businesses and enjoy residency benefits. If you’re considering relocating to Greece and building a life through entrepreneurship or investment, the Greece Golden Visa offers an excellent starting point.
For personalized advice on your Golden Visa application and opportunities in Greece, consulting with immigration experts is highly recommended.
