Greece on becoming irresistible: Greek Golden Visa
Desire for prosperity, welfare and success is what motivates thousands of new investors to confidently apply for Greece’s Golden Visa scheme. Numbers don’t lie, thus seeing an increase in the number of applicants by 231% (in 2022) has been eye-opening for investors desiring to make a smart and profitable investment.
Greece has a tendency of alarming property buyers with unique benefits made available by the Golden Visa, which offers relief in multiple areas such as strong property value and return on investment. In addition, this program is the leading residency-for-investment program in Europe and provides instant access to the Schengen Area and the EU. Such characteristics of the program, have encouraged 4,264 applications for a Golden Visa to be submitted in 2022.
It comes to no surprise that investment migration industry experts like Yiannos Trisokkas, are encouraging their clients in making a wise and tactful decision in acquiring property in Greece stating the following: ‘With the goal of maximizing our clients’ benefits, it is with no doubt that we consider investing in the Greek Golden visa, a unique opportunity for our clients’ maximizing their potential and revel in the unique benefits of the program that are present in no other European programme.’ Additionally, in commenting on possible concerns regarding property value, Yiannos Trisokkas offers an adequate response: ‘The location itself [in Greece] is enough to guarantee incredible value to any professionally chosen property. This is the case whether a property buyer chooses to invest in a higher profile area such as Ekali and Glyfada or prefers to explore Greece’s gems in areas further away from the Greek capital centre, like Peristeri, Aigaleo, Saronida and Anavyssos .’
Statistics of the year ended 2022, support views of real estate experts as mentioned above:
Chinese buyers where the ones with the most investor visas granted accounting in December 2022 for 6,159 occupying the 62.8 percent of all visas granted. Buyers from Turkey make up the 6.4 percent of the total with 631 permits followed by Lebanon which makes up the 4.5 percent of the total.
Evidence of a strong strategy and government measures have ensured a consistently steady growth in the Greek economy, inspiring potential buyers in developing a “blind trust” towards what Greece is able to offer, which surpasses all expectations. There is no other choice, besides making the wise decision in acquiring property in Greece, securing a property with multiple benefits.