Can I Get a Visa to Start a Business in Greece?

Yes β€” Greece offers several business and entrepreneur residency options for non-EU citizens who want to live in Greece while managing their company.

Whether you’re launching a startup, investing in an SME, or relocating your business, there are legal residency pathways available.


πŸ” Who Needs a Visa?

Nationality Visa Required to Start Business?
EU/EEA citizens ❌ No
Non-EU citizens (e.g. US, Canada, UK) βœ… Yes β€” visa + residence permit

🧳 Option 1: Greek National Visa (Type D) – Business Purposes

This long-stay visa allows you to:

βœ… Enter Greece to start a business
βœ… Register a company (IKE, AE, etc.)
βœ… Open bank accounts and apply for AFM
βœ… Apply for a residence permit upon arrival

Key requirements:

  • Solid business plan

  • Proof of company formation or intent

  • Financial means to support yourself

  • Accommodation in Greece

πŸ“Œ You apply through your local Greek consulate, then apply for residency inside Greece.


πŸ’Ό Option 2: Greek Residence Permit for Financially Independent Entrepreneurs

Once in Greece, you can apply for a 2-year renewable permit based on:

  • Proof of company registration

  • Active economic activity in Greece

  • Business address & Greek tax number (AFM)

  • Private or public health insurance

  • Income of at least €2,000/month (can vary by family size)

βœ… This is the most common pathway for business founders and digital entrepreneurs.


πŸ’‘ Option 3: Greek Startup Visa (Innovative Entrepreneurs)

Greece offers a Startup Visa Program under the Elevate Greece platform, ideal for:

  • Tech startups

  • Innovative solutions with international scale

  • Teams or solo founders

  • EU and non-EU citizens

Eligibility:

  • Approval by the Ministry of Development

  • Innovation-oriented business model

  • Registered Greek company (IKE or AE)

  • Funding or accelerator participation (optional)

⚠️ This route is selective and involves an application review panel.


πŸ“ˆ Option 4: Company Owner as Director or Employee

You may also obtain residency by:

  • Appointing yourself as Director or Manager of your Greek company

  • Signing a local employment contract

  • Paying into EFKA (Greek social security)

  • Drawing a legal salary from the company

This can serve as the basis for a residence and work permit.

🧾 Must show minimum income, active company, and real economic presence.


🏑 Residency via the Greek Digital Nomad Visa

If you run your company remotely and don’t serve Greek clients, consider the Digital Nomad Visa.

Key requirements:

  • Work remotely for a non-Greek company (or your own)

  • Minimum monthly income: €3,500 (solo)

  • Valid health insurance

  • Clean criminal record

  • Commitment not to work for Greek clients

βœ… This is a fast-track permit β€” valid for 1 year (renewable if you stay tax compliant).


πŸ“‚ Key Documents for Business Visa or Residency

Document Required?
Passport βœ…
Business plan βœ…
Company formation certificate (GEMI) βœ…
Greek tax number (AFM) βœ…
Proof of funds (bank statements, salary) βœ…
Health insurance βœ…
Lease or property ownership in Greece βœ…
POA (if remote setup) Optional
CV, diplomas Sometimes required

πŸ”„ Renewal & Duration

Visa Type Initial Duration Renewable?
Business D-Visa 90–365 days No (converted to permit)
Financially Independent Entrepreneur 2 years βœ… Every 2 years
Startup Visa 2 years βœ…
Director/Employee Permit 1–2 years βœ…
Digital Nomad Visa 1 year βœ… (1 renewal max)

πŸ“Œ Most permits require you to reside in Greece for at least 183 days/year.


πŸ§‘β€πŸ’Ό Example: South African Founder Moves to Crete

Nadia, a South African national, launched a travel tech startup in Chania.

  • Formed an IKE via POA

  • Applied for a Business D-Visa at the consulate in Cape Town

  • Entered Greece and secured a 2-year entrepreneur residence permit

  • Now employs 3 local staff and sponsors her own renewal

All done with support from Borderless Lawyers, fully compliant and remote.


❗ Common Mistakes (and How to Avoid Them)

  • ❌ Applying for a tourist visa instead of business visa

  • ❌ No business plan or income proof

  • ❌ Forming company after arriving β€” delays residence

  • ❌ Using the wrong legal structure

  • ❌ Failing to register AFM, EIN, or insurance

βœ… We guide you through every step β€” from visa to tax filings.


πŸ§‘β€βš–οΈ How Borderless Lawyers Helps

We offer full visa and relocation services for founders:

βœ… Business plan preparation
βœ… POA-based company formation
βœ… Greek AFM, EIN, VAT setup
βœ… Visa application support at consulate
βœ… Health insurance & lease assistance
βœ… Residency permit filing in Greece
βœ… Ongoing tax, legal, and immigration support

πŸ’Ό One legal partner β€” from idea to residency.


❓ FAQ – Business Residency in Greece

Q: Can I get residency just by owning a company?
A: Not automatically β€” you must show activity, income, and comply with legal requirements.

Q: How long does the visa + residency process take?
A: 4–8 weeks with full documentation. We speed things up with POA and early AFM/VAT filing.

Q: Can I bring my spouse and children?
A: Yes β€” most business permits allow family reunification.


πŸ›οΈ Ready to Build Your Business β€” and Life β€” in Greece?

Borderless Lawyers helps entrepreneurs relocate legally, grow their company, and obtain Greek residency β€” all with no stress.

πŸ‘‰ Contact us today to launch your Greek company and apply for the right visa β€” all done remotely.

error: Content is protected !!