EuropeIntel & Data

Greek Golden Visa Was the World’s Most Popular in 2023 – Time to “Abolish” the Program, Says Main Opposition Party

Editor

Christian Henrik Nesheim

Many market observers had assumed Greece's long-anticipated increase in the minimum investment requirement for real estate in 36 densely populated municipalities was the driver of the golden visa's rapidly growing application volumes, as investors rushed to apply ahead of the price hike. But while the price increase took effect in July, application volumes have remained extremely elevated compared to previous years, suggesting other factors are catalyzing demand for the program.

In the four months that have passed since the policy change, a total of 2,866 investors have submitted golden visa applications, an ...


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