International investment in Greece increased by 61% in the first half of this year

The real estate market in Greece recorded an increase in the value of investments made by Internationals from outside the country by 80-85%. Their total investments amounted to 788 million Euros in the local real estate market in the first half of 2022, which is an increase of 61% compared to last year, according to Greek Central Bank, by the end of 2022, the expected amount of real estate investments for international investors will reach 1.7 billion Euros, surpassing the 1.45 billion Euros for 2019.

The popularity of the Golden Visa Program for Greece is increasing day by day for those seeking residency in Europe. The Greek government launched the Golden Visa Program in 2013 to boost its economy. The program allows investors and their eligible family members to obtain permanent residence. Investors wishing to apply are required to apply for the program. Make an investment in the real estate sector in Greece (apartment, house, shop, plot of land, or a group of real estate assets) with a value of no less than 250,000 euros to obtain residency, and they are required to maintain ownership of the property purchased for life. This program qualifies you to obtain Greek citizenship and passport, which ranks eighth according to to Reach Immigration Index for passport classification, as it allows you to enter 185 destinations around the world without a visa or visa on arrival. For more information about this program by visiting our website here.