- October 11, 2017
- Posted by: CIP Journal
- Category: Golden visa
Golden visa program in Greece has become a big hit among many foreign investors who are interested in buying a property in Greece for atleast 250,000 euros and also obtain five year permanent residence in Greece under the ‘Golden visa’ scheme.
According to Enterprise Greece Sep 2017 newsletter, Foreign nationals have invested €1 billion to purchase Greek real estate under Greece’s Golden Visa program. Since the program’s inception in 2013, 1,725 golden visas have been issued, entitling investors and their families to five-year residence permits in Greece.
Greece is also a schengen state, so buy obtain a permanent residency in Greece, investors and families can freely move to other schengen states .
The average property investment exceed 500,000 euros with significant interest in Luxury properties in Greece. A large number of turkish investors interested in the Greek Golden visa programme because of the political turmoil in Turkey, reported by Reporter.gr.
The leading investors for Golden visa Greece are from these countries..The top 3 are China, Russia and Turkey.
- Saudi Arabia
- United States