"Golden visas": over the past six months, Greece's income from real estate purchases in order to obtain a residence permit has amounted to 1 billion euros

In the first half of 2023, real estate in Greece became incredibly popular among foreign nationals who do not have EU citizenship. According to the Ministry of Finance, the number of registered transactions reached a record amount – 975 million euros! This is 170% more than last year. From January to June 2022, real estate was sold for a total of 361 million euros. What caused such an explosive growth in demand? Let's take a closer look.

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