The Greece Golden Visa is valid for a period of five years from the date of issuance. After this initial five-year period, the residence permit can be renewed for an additional five-year period. The renewal process is similar to the initial application process, and it requires the investor to continue to meet the requirements of the program, including the ownership of the required real estate in Greece. After ten years of continuous residence in Greece, investors who have obtained a Golden Visa are eligible to apply for permanent residence in the country.