Aggelakakis & Associates — Investment Consulting in Greece

Aggelakakis & Associates is one of Greece’s leading investment consulting firms, headquartered in Thessaloniki with a branch office in Athens and international offices in Munich, Mumbai, and New Jersey. With more than 20 years of experience in investment advisory, we support Greek and international investors in leveraging every available funding instrument in the Greek market — from the Greek Development Law 4887/2022 and ESPA 2021–2027 programs to the Greece Golden Visa and the Recovery and Resilience Facility (RRF). On this page you will find a comprehensive overview of who we are, what we offer, where we operate, and everything you need to know about partnering with us for your investment in Greece.

Who We Are — Investment Consulting Firm with a Global Footprint

Aggelakakis & Associates was founded by Athanasios Aggelakakis, a graduate of the University of Macedonia and the University of Munich, and holder of an MBA from the University of Oxford. Since its founding, the firm has grown into one of the most trusted providers of investment consulting in Greece, specialising in the management of investment projects through national and European funding programs.

Our team comprises experienced business consultants, financial analysts, and legal experts who cover every aspect of the investment lifecycle — from idea conception and feasibility studies, to grant application submission, project implementation, and final audit. The firm is a member and institutional partner of leading organisations including the American-Hellenic Chamber of Commerce (AMCHAM Greece), the German-Greek Chamber of Commerce (AHK), the Exporters Association of Northern Greece (SEVE), and the Association of Export Companies of Northern Greece (SEPVE).

Meet our full team and learn more about our history on the About Us page.

Vision, Mission and Values

Our vision is to accelerate Greece’s business, economic, and social development by empowering investors and organisations to achieve measurable and sustainable growth. We believe Greece is one of the most attractive investment markets in Europe — and we are here to prove that this conviction can be transformed into tangible results for every client.

Our mission is to connect investors and businesses with Greece’s professional networks, to identify new investment opportunities, and to secure access to financing through the Greek Development Law and European Union programs.

The core values that guide every action we take are: integrity in all client and partner relationships, excellence in the execution of every project, innovation in the strategic solutions we propose, sustainability in investment decisions, and social responsibility as an integral part of every investment plan.

Investment Consulting in Greece — Complete Coverage

Aggelakakis & Associates offers fully integrated investment consulting services that cover every stage of the investment project. We are not simply advisors — we are partners who co-create success with each client.

Strategic Planning & Investment Strategy

We develop personalised investment strategies for each client, based on their objectives, investment budget, and the dynamics of the Greek market. We provide market analysis, opportunity mapping, competitive benchmarking, and risk assessment, ensuring that every investment decision is made with complete information.

Business Plan Development

We prepare professional business plans that meet the requirements of funding programs, banking institutions, and investors. Each business plan includes an executive summary, market and competitive analysis, 3–5 year financial projections, an operational strategy, a risk management plan, and a financing needs analysis.

We guide investors through Greece’s legal and regulatory framework, ensuring full compliance with permits, licences, and statutory obligations for foreign investors. We provide clear guidance on business structure, tax incentives, and risk mitigation.

Financial Advisory & Loans

We support businesses and investors in identifying and securing the right financing — from bank loans and alternative funding sources to EU-backed programs. We handle financing needs assessment, lender identification, application preparation, and negotiation of terms.

Reengineering & Business Restructuring

We help organisations redesign their processes and structures for measurable performance improvement. Reengineering services include process optimisation and cost reduction, organisational restructuring, digital transformation, and the development of key performance indicators (KPIs).

For a full presentation of our services, visit the Investment Advisory Services page.

Greek Development Law 4887/2022 — Investment Funding in Greece

The Greek Development Law 4887/2022 is the primary national investment incentive instrument in Greece. For more than 40 years, the law on investment incentives in Greece has served as the key driver of economic growth and entrepreneurship in the country. Its current form, Law 4887/2022, supports investments across the entire Greek territory with competitive incentives, regularly updated to reflect global business trends.

Types of Aid

  • Grant (direct subsidy): Direct funding of a portion of the investment cost, with no repayment obligation.
  • Tax exemption: Exemption from income tax on pre-tax profits generated by the investment.
  • Leasing subsidy: Coverage of a portion of financial leasing instalments for the acquisition of new equipment.
  • Employment cost subsidy: Subsidy of the payroll cost of new jobs created by the investment.

Aid Intensities

The aid intensity reaches up to 75% of eligible costs, depending on the implementation region and the size of the enterprise. For large investments, the maximum aid amount is €20 million per project.

Active Regimes

  • Major Investments: Industrial and logistics projects from €15 million — grants, tax exemptions, leasing and employment subsidies, fast-track licensing.
  • Hotels & Tourism: Comprehensive modernisation of hotel units and creation of new accommodation. New call for applications expected soon.
  • Manufacturing & Logistics: New units, capacity expansion, production diversification, and process upgrading.
  • Agri-Food: Primary production, agricultural product processing, and the food supply chain.
  • Software & Digital Economy: Software development, digital services, and technological innovations.

Aggelakakis & Associates provides end-to-end management of the Development Law application — from eligibility check and business plan preparation through to submission, evaluation monitoring, and implementation support. Our track record spans 100+ approved investment projects in manufacturing, software, tourism, and logistics. Full details on the Funding Tools page. The official legal framework is available at the Greek Ministry of Development — Investments.

ESPA 2021–2027 — European Funds for Businesses and Investors in Greece

ESPA 2021–2027 (Partnership Agreement for the Development Framework) is the main European Union funding framework for Greece for the period 2021–2027. With total resources of over €26 billion, ESPA co-funds investments in innovation, the digital economy, green development, tourism, manufacturing, and social cohesion.

  • Competitiveness 2021–2027: Support for SMEs in digital modernisation, export orientation, green economy, and innovation.
  • Digital Transformation: Funding for digital infrastructure, cloud adoption, automation, and e-commerce.
  • Rural Development Programme (RDP): Programs for agricultural holdings, agri-food businesses, and agri-tourism.
  • Just Development Transition: Investment support in regions affected by the phase-out of lignite.

Aggelakakis & Associates continuously monitors open ESPA calls and informs clients of every new opportunity matching their profile. We provide full service: eligibility check, file preparation, application submission, and project management through to final payment.

Golden Visa Greece — Residency by Investment

The Greek Golden Visa is one of the most attractive residency-by-investment programs in the world. According to the Henley Global Residence Program Index 2025, Greece ranks #1 globally among residence-by-investment programs, with 17,254 permits issued in the first half of 2025 alone — a year-on-year increase of 31.4%. The Greek Ministry of Migration and Asylum officially administers the program.

Golden Visa Investment Thresholds 2025–2026

  • €800,000: Real estate in Attica, Thessaloniki, Mykonos, Santorini, and islands with population above 3,100.
  • €400,000: Real estate in any other area of Greece.
  • €250,000: Conversion of commercial property to residential use, or renovation of listed historic buildings.
  • €500,000: Investment in shares of Greek companies or units of Alternative Investment Funds (AIFs) established in Greece.

What the Greek Golden Visa Includes

  • 5-year residence permit, renewable indefinitely as long as the investment is maintained.
  • Full family coverage — spouse, children up to 21, and parents of both investor and spouse.
  • Free access to the Schengen Area with no minimum stay requirement in Greece.
  • Pathway to Greek citizenship after 7 years of legal residence.
  • Access to the public healthcare system and public education.
  • Option to apply for the €100,000 flat tax regime on foreign-source income.

Aggelakakis & Associates provides comprehensive Golden Visa advisory — from eligibility assessment and investment selection to legal documentation, application submission, and permit issuance. Contact us for a free Golden Visa eligibility assessment.

Recovery and Resilience Facility (RRF) — NextGenerationEU Funding for Greece

The Recovery and Resilience Facility (RRF) is the central funding instrument of the European Recovery Plan — NextGenerationEU. Greece receives over €35.9 billion in total resources — the largest funding package in the country’s history. The RRF co-funds investments across six pillars: green transition, digital transformation, smart growth, social cohesion, health, and institutional resilience. Businesses access RRF resources through favourable loans and grants administered by the Hellenic Development Bank (HDB).

Aggelakakis & Associates has already presented RRF opportunities at professional events, including the “Presentation on the Recovery and Resilience Facility” in Nea Moudania (April 2025). Visit the Funding Tools page for full details.

Strategic Investments in Greece

Strategic Investments are large-scale projects of significant economic impact, job creation, and high added value for the Greek economy. Special legislation provides streamlined licensing, government support, and access to incentives. See the Ministry of Development — Strategic Investments for the legal framework. Aggelakakis & Associates guides investors through the recognition process and ensures the fastest possible path to implementation approval.

Investment Sectors in Greece

Greece offers outstanding investment opportunities across multiple dynamic sectors. Aggelakakis & Associates has proven experience across all of the following:

Tourism & Hotels

Greece welcomes over 33 million tourist arrivals annually, making it one of the world’s premier destinations. The sector benefits from the Development Law hotel regime, ESPA tourism programs, and Golden Visa-eligible real estate. Our firm has facilitated investments resulting in over 40,000 hotel beds.

Manufacturing & Logistics

Greece’s strategic position between Europe, the Middle East, and Africa makes it a natural logistics hub. Manufacturing and supply chain investments qualify for subsidies of up to 75%. We have managed projects covering 350,000 sqm of logistics infrastructure.

Renewable Energy

Greece’s energy transition agenda opens major opportunities in solar farms, wind power, hydroelectric energy, and smart grids. ESPA 2021–2027 and the RRF co-fund energy investments on highly favourable terms.

Technology & Software

The Greek technology ecosystem is expanding rapidly, with government-backed incentives for software development, AI, fintech, and deeptech under Development Law 4887/2022. We have supported 200+ approved technology investment projects.

Real Estate & Urban Development

Greek property prices grew 10.8% in Q1 2024, with rental yields of 5–6% in major urban centres. Real estate investments of €400,000+ also qualify for the Golden Visa, creating a dual financial and residency benefit for international investors.

Agri-Food & Primary Production

Greece’s world-renowned agri-food products — olive oil, feta cheese, olives, wine — underpin a thriving agricultural sector. Processing investments and agri-food supply chain projects are co-funded by the Development Law and ESPA programs.

Why Invest in Greece Now

  • Strategic location: At the crossroads of Europe, the Middle East, and Africa — a natural hub for trade, logistics, and energy.
  • Powerful incentives: Development Law 4887/2022, ESPA 2021–2027, RRF, and the Golden Visa create one of the EU’s most attractive investment environments.
  • Economic stability: Sustained GDP growth and successive credit rating upgrades by Fitch, Moody’s, and S&P.
  • Tourism boom: Record arrivals and revenues year after year — exceptional opportunities in hospitality and real estate.
  • Skilled workforce: Highly educated labour force with competitive costs relative to Western Europe.
  • EU legal framework: Full alignment with EU law — a secure, transparent environment for foreign direct investment.

For a detailed analysis of investment opportunities visit the Invest in Greece page and the official Greek investment portal Enterprise Greece.

Our Team

  • Athanasios Aggelakakis — Founder & Owner. University of Macedonia, University of Munich, MBA University of Oxford. 20+ years in investment consulting and international business development.
  • Katerina Kozanioti — Managing Director. Leads investment services and EU funding advisory across Greece and Europe.
  • Evaggelia Gialantzi — Senior Financial Advisor. Specialist in Development Law 4887/2022, ESPA programs, and financial structuring of investment projects.
  • Apostolos Aggelakakis — External Communications Manager. Investor relations and international partnerships.
  • Konstantinos Lialios — Business Consultant, Development Law applications and ESPA project management.
  • Giorgos Skakaras — Senior Business Consultant, investment strategy and feasibility studies.
  • Maria Georgiadou — Business Consultant, market entry and EU funding support.
  • Petros Palis — Business Consultant, investment project implementation.
  • Robin Lindner — Business Consultant, Munich Office. Connecting DACH investors with Greek Development Law opportunities.

Meet the full team on the About Us page.

Global Presence — Offices in 5 Countries

  • Thessaloniki (HQ): Management, investment advisory, Development Law & ESPA service centre.
  • Athens: Attica investments, Golden Visa real estate, Piraeus corridor strategic investments.
  • Munich, Germany: Serving DACH investors — Development Law, Golden Visa, ESPA.
  • Mumbai, India: Via INDELLAS SERVICES LLP — Indian investors and EU-India Trade Agreement 2026 opportunities.
  • New Jersey, USA: Greek-American investors and US entrepreneurs targeting the Greek market.

Institutional Partners & Memberships

Track Record in Numbers

  • 20+ years of investment consulting experience in Greece and South-Eastern Europe.
  • 100+ approved investment projects in manufacturing and software.
  • 200+ approved software development investment projects.
  • 40,000+ hotel beds funded through our advisory services.
  • 350,000 sqm of logistics infrastructure realised with our consulting support.
  • 5 countries of operational presence — Greece, Germany, India, USA.
  • 5.0 / 5.0 Google rating — Top Rated Service, verified by Trustindex.

Frequently Asked Questions — Investing in Greece

For comprehensive answers visit the FAQ page.

Who can apply under the Greek Development Law 4887/2022?

Companies of all legal forms operating in eligible sectors. Foreign companies establishing a permanent presence in Greece are also eligible. Sole traders are excluded.

How long does an ESPA or Development Law application take to evaluate?

Typically 2–5 months from submission. Strategic Investments benefit from a fast-track procedure.

Can a foreign investor purchase real estate and obtain a Golden Visa simultaneously?

Yes. Purchasing real estate valued at a minimum of €400,000 (or €800,000 in Attica, Thessaloniki, and certain islands) automatically triggers the right to apply for the Greek Golden Visa.

What is the difference between ESPA and the Greek Development Law?

The Development Law is a national instrument providing grants, tax exemptions, and leasing subsidies for qualifying investment projects. ESPA uses European co-funds and covers a broader range of businesses, including start-ups and SMEs. Both can often be combined, provided the same expenses are not co-funded twice.

Does Aggelakakis & Associates offer a free initial consultation?

Yes. Every engagement begins with a free eligibility assessment covering your investment profile, applicable programs, potential grant levels, and next steps.

Contact Us — Free Investment Assessment

Ready to take the next step in your investment in Greece? Aggelakakis & Associates offers a free initial eligibility assessment for every interested investor — individual or corporate. In your consultation we will identify the right funding programs, estimate your potential grant support, and outline your roadmap to approval.

Book your free consultation →

You can also reach us through the Contact page or visit our headquarters in Thessaloniki, Greece.