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How Astons Secured Greece Residence for Three Generations of a Turkish Family

Program

Greece

Timeline

~6 months

Investment

€856,103

Family Size

4 person

Names and photos have been changed to protect client privacy.

Case study by an Astons expert

Susanna Uzakova

Susanna Uzakova

Senior Citizenship & Residency Advisor

Contents

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Susanna Uzakova

Susanna Uzakova

Senior Citizenship & Residency Advisor

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+357 97 424386

We invested both in real estate on a promising market and in our son’s education — expanding opportunities for the entire family.

Osman K.

Furniture Entrepreneur , Turkey

PROFILE

Furniture Entrepreneur & Family

Main applicant 45 y.o.
Spouse 43 y.o.
Mother of the main applicant 68 y.o.
Son 17 y.o.

goals

Client Requirements

  • Education in Europe
  • Relocation to the EU
  • Global mobility
  • Future access to EU citizenship

Case Overview

Our clients, Osman and Elif, live in Istanbul. Osman owns a kitchen furniture manufacturing business that operates both domestically and for export to Europe. Elif helps manage the business, while their son Kerem is completing high school and dreams of studying at a European university before joining the family company.

For the family, it was important to provide Kerem with a solid education and a smooth transition into a new environment — with family support and minimal stress.

They were looking for a country offering:

  • Quality higher education with an EU-recognised diploma
  • A friendly, familiar culture
  • A climate similar to Turkey’s and proximity to Istanbul
  • A residence permit option for Kerem’s grandmother, Meryem, who would accompany her grandson
  • A path to future EU citizenship

The Solution

After consulting with Astons, the family chose Greece, which allows residence permits for three generations through property investment.

Moving to Athens seemed ideal — just a 1.5-hour flight from Istanbul, a familiar culture, and a city they already knew well from previous visits.

“We didn’t want to send our son alone. It’s a new culture, and at that age, he still needs support. Having his grandmother with him and being able to visit often gives us peace of mind,” — says Elif.

Astons expert in Athens, Tamara Ketkuti, presented several real estate options in Piraeus, a coastal district of the capital where one of Greece’s top universities offers degrees in economics. The area combines student-friendly infrastructure with comfort for older residents.

The family purchased a new 5-bedroom villa with a private pool in a gated community. Osman and Elif plan to visit frequently and enjoy their time together as a family.

There are no minimum stay requirements to maintain residency status.

Comparison of EU Residency by Investment Programs

Program Investment Threshold Processing Time Schengen Access Minimum required stay

Greece Greece

Residency

 from €250,000 4 months Yes None

Cyprus Cyprus

Residency

 from €300,000 8 months No 1 visit every 2 years

Hungary Hungary

Residency

 from €250,000 4 months Yes None

Malta Malta

Residency

 from €169,000 9 months Yes None

Portugal Portugal

Residency

 from €250,000 18 months Yes 14 days every 2 years

Italy Italy

Residency

 from €500,000 3 months Yes None

Expenses

Villa in Piraeus

€810,000

Property transfer tax (3.09%) €25,029
Land registry fee (0.6%) €4,860
Notarial fee (1.5%) €12,150
Immigration fees €2,300 (€2,000 for main applicant + €150 × 2 adults)
Residence card issuance €64 (€16 × 4 people)
Power of attorney preparation €500
Translation services €150
Family health insurance €700
Astons legal support services calculated individually
Total: €856,103 (excluding Astons service fees and travel costs)

Personalised Cost Breakdown for Program Participation

Get your investment estimate

Similar Success Stories

Indian Investor and Family Obtain Greek Golden Visa via Piraeus Property Investment The Greek Golden Visa program allows non-EU nationals to secure EU residency through real estate investment. Investors can include their spouse, children under 21, and parents, obtaining a renewable 5-year residence permit without the need for physical presence or tax residency in Greece. How the Greece Golden Visa Became a Gateway to Europe for an Egyptian Property Developer Ahmed has spent more than two decades in Egypt’s construction industry, successfully delivering large-scale residential projects across Cairo and Alexandria. As his company prepared to enter the European market, he required consistent, secure access to the EU and the ability to attend high-level negotiations without delays or visa constraints. Family’s Fast-Track to Dominica Citizenship: $264K Investment Secures Global Backup Plan in Just 5 Months Over the past five years, the global atmosphere has become increasingly tense. Political situations in many countries have worsened, prompting a growing number of people to create a “Plan B” for themselves and their families. Today, having an alternative citizenship has become a valuable form of security and freedom.

Result

Kerem and his grandmother have already moved into their new home. Osman continues managing his business between the two countries, while Elif plans to spend one to two months in Athens regularly.

Astons also assisted Kerem in preparing his application to the University of Piraeus, one of Greece’s leading economics and business schools. His program will be taught in English.

Advantages of the Greek Residence Program

  • Minimum investment from €250,000
  • Residence permit within 4+ months
  • No residency requirement
  • 5-year renewable residence permit
  • Includes the entire family — parents and in-laws
  • Visa-free access across the Schengen Area
  • Right to rent out property
  • Eligibility for citizenship after meeting the legal requirements

Why Astons?

Astons supports clients at every stage — from property selection to residency approval. We take into account every detail: educational opportunities, healthcare quality, architectural preferences, and logistics for senior family members.

With a dedicated local team in Athens, we provide full bilingual support in Greek and English. In 2024–2025, our real estate division was recognised as Best Real Estate Agency in Greece at the prestigious European Property Awards.

Book a consultation today — take the first step toward life in one of Europe’s most stable and welcoming destinations.

Residency by Investment

Cyprus Cyprus

Residency

from €300,000

~8 months

Processing time

  • Purchase of new property
  • Eligibility for citizenship after 8 years
  • Non-Dom tax regime
Explore Program

Greece Greece

Residency

from €250,000

~4 months

Processing time

  • Real estate purchase
  • Eligibility for citizenship after 7 years
  • Most accessible and fastest program in the EU
  • Visa-free access to Schengen countries
Explore Program

Hungary Hungary

Residency

from €250,000

~4 months

Processing time

  • Investment in a fund / non-refundable donation
  • Visa-free access to Schengen countries
  • Eligibility for citizenship after 8 years
Explore Program

Italy Italy

Residency

from €500,000

~3 months

Processing time

  • Investment in shares or bonds / non-refundable contribution
  • Eligibility for citizenship after 10 years
  • Visa-free access to Schengen countries
Explore Program

Malta Malta

Residency

from €169,000

~9 months

Processing time

  • Non-refundable contribution and property rental or purchase
  • Rental or property purchase
  • No residency requirements
  • Visa-free access to Schengen countries
Explore Program

Portugal Portugal

Residency

from €250,000

~18 months

Processing time

  • Investment in a fund
  • Eligibility for citizenship after 7-10 years
  • Visa-free access to Schengen countries
Explore Program

Turkey Turkey

Residency

from $200,000

~2 months

Processing time

  • Real estate purchase
  • Right to live in Turkey
  • Eligibility for citizenship after 5 years
Explore Program

UAE UAE

Residency

from $100,000

~2 weeks

Processing time

  • Real estate purchase
  • Rental income ~7% per year
  • Possible domestic staff inclusion
  • Favourable tax regime
Explore Program

USA USA

Residency

from $800,000

~12 months

Processing time

  • Investment in a regional fund
  • Returnable investment
  • Eligibility for citizenship after 5 years
Explore Program

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Susanna Uzakova

Susanna Uzakova

Senior Citizenship & Residency Advisor

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