In the context of a rapidly changing immigration policy, obtaining a Greek "** visa" seems to be one of the ideal options for many people who want to pursue a better life and future.
*: Photo.com.
This year is the 10th year of the introduction of the "** visa" program in Greece, although the policy has brought a lot of benefits to Greece**, but in the past two years it has been under increasing pressure, which is related to the high housing prices and rents to be solved by the Greek authorities, as well as the negative attitude of the European Union towards the "** visa".
*: Network data collation.
Nikos Andrerakis, the leader of Greece's second-largest political party, the Panhellenic Socialist Movement, said that controlling housing costs is a priority for the Pan-Greek social movement, and that he will push for the abolition of Greek visas.
Andrew Lakis said: "*Visa is a policy implemented by many countries in Europe as a result of the decade-long economic crisis. The policy has now reached its limits, which is why they have repealed or suspended the measure. Ireland, Portugal, Spain have all done it. I will launch a campaign to lead the abolition of (Greece)** visas. ”
*: Network data collation.
We'll keep an eye on where things go, but now that the news is out, it's probably only a matter of time before the shutdown comes in.
1. Why Greece is causing a "shutdown" crisis.
1. Housing prices have soared.
In the third quarter of 2023, house prices in Greece were significant** compared to the same period last year, with the average apartment price increasing by 119%, of which the increase in new homes was 116%, and second-hand housing rose by 122%。The rental market is also hot, with rents in the north and south of Athens being **6 each, according to Spitogatos data7% to 1067 euros for square meters and 68% to 113 euros per square meter, reflecting the continued activity of the overall housing market.
While such schemes may attract foreign investment and boost the real estate market in the short term, in the long term, they may have a negative impact on the housing affordability of local residents, who have become a major problem.
2. The number of applications has soared.
On August 1, 2023, Greece** implemented a dual government, and after the policy change, a total of 2,866 investors submitted applications to **, which equates to an average of 717 applications per month.
*：imidaily.com
As of the end of November this year, Greece has received a total of 7,752 applications, an increase of 78% compared with 2022, which is also due to the tightening of many immigration policies this year and the instability of the international situation, which has caused the number of Greek visa applications to soar.
The majority of applicants are from China, accounting for 58 percent, followed by Turkey, Russia and Lebanon.
2. Seize the opportunity to apply as soon as possible.
At present, the price increase in some parts of Greece has come into effect, and the investment threshold needs to be higher than 500,000 euros in popular areas such as the center of Athens, the northern and southern suburbs, Mykonos, Santorini and the city of Thessaloniki.
*：pexels
For investors who have been planning to handle the project, they can submit an application by avoiding the price increase area. For example, the eastern and western parts of Attica, Greece, as well as other regions such as Piraeus, will maintain a €250,000 policy to reach the threshold amount of the portfolio. These areas can be said to be cost-effective opportunities in the New Deal.
Looking at the evolution of the traditional immigration policy, it is also the general trend to tighten step by step. The investment immigration policies of many European countries have been affected, or the price has risen, or tightened, or even shut down. For the sake of safety, it is recommended that the majority of investors who are interested in immigrating seize the opportunity and apply as soon as possible!Nowadays, Greek investment immigration, which is popular with investors, may also be halted at any time, and the opportunity to immigrate cannot stand on the sidelines. For investors, now is a good time to emigrate to Greece, and perhaps the last one.