The statistics for Golden Visa in Greece are very interesting, which also indicate the special importance of the program in the Greek real estate market. In particular, the program that issues residence permits with a duration of 5 years, which began in 2014, contributed significantly to the development of real estate market and the investment of high capital in the country.
As we have mentioned in the section “how to obtain Golden Visa in Greece” the basic condition is the purchase of real estate with at least 250.00 euros or the investment of 3 to 100 million euros in infrastructure projects and Greek companies. In fact, in the first five years, and specifically from 2014 to 2019, the program of Golden Visa brought more than 2 billion euros in the country. An amount that increased the following year.
According to official data from Greek Authorities, by 2020 more than 23 thousand residence permits were issued under the Golden Visa program. In fact, the majority of investors make investments of 300,000-350,000 euros. Investors from China, Turkey and Russia hold a key position in the real estate market.
In particular, the detailed statistics of the investors who issued a Golden Visa until 2020 based on nationality are:
Number of investors who received Golden Visa
Number of Total residence permits including members of the investor family
The total number of people who received the Golden Visa per year is:
Number of Residence Permits that issued
Μέχρι τον Ιούλιο του 2020
As you can easily see, every year the number of investors and their family members issuing Golden Visa increases significantly.
n general, the real estate market is growing more and more every year. Certainly with the global crisis of the coronavirus pandemic, many people are postponing investing in the purchase of a property, since the consequences have significantly affected the global economy.
However, according to experts and financial analysts, investors who will buy real estate with the aim of issuing the Golden Visa will increase in the coming years. In fact, the already high number of investors from China will increase even more, as they see Greece as an excellent investment opportunity for both real estate and business.