Since its launch in 2013, Greece's "** visa" policy has attracted widespread attention from investors from many countries, including China, and has also brought a lot of benefits to Greece.
It has been 10 years since the implementation of the Greek visa policy.
According to official data from the Greek Immigration Service, as of December 2023, Greece has issued a total of 41,142** residence permits to applicants, an increase of 30% for the whole year.
Among them,23,655 residence cards were issued to Chinese applicants, an increase of 28% for the year, accounting for 57 of the total number of approvals in the world5%, continuing to rank first.
Surprisingly, in the four months following the new policy of raising the investment threshold for visas in some parts of Greece from €250,000 to €500,000 last year, around 2,866 people submitted visa applications, an increase of 65% compared to the same period in 2022.
Monthly data for Greece** visa applications in 2023.
Greece's ** visa has entered the era of the New Deal, with real estate investment starting from 250,000 euros in non-price increase areas and 500,000 euros in price increase areas, no language, education, and background requirements, and the whole family can obtain a "green card" for EU countries in one step, and free visa-free passage through the European Schengen Area.
Greece's "green card" has no immigration supervision, and you can renew your status every 5 years by maintaining the property you have purchased, and you can live, live and do business in Greece for a long time in the beautiful scenery, public education is free, the medical system is at the forefront of the world, and many international schools are rich in high-quality educational resources, helping children to hit the top schools in Europe and the United States, and you can also return to China as overseas Chinese students to take the joint entrance examination, with a minimum score of 460 to apply for domestic famous universities.
250,000 euros in the non-price increase area
For areas outside the price increase zone, such as the port area of Piraeus, the northeast and west of Athens, etc., the minimum investment amount of €250,000 remains unchanged for the Greece** visa.
The price increase area is 500,000 euros
In the central, northern and southern regions of Athens, Thessaloniki, Mykonos and Santorini, the minimum investment for a Greece** visa has increased from €250,000 to €500,000 (single property).
Since the introduction of the Greece** visa in 2013, it has provided international nationals with an easy way to obtain residency in Europe. However, while the program has attracted a large number of foreigners to invest in Greece, it has also brought significant challenges to the Greek real estate market.
Property rental and selling prices are soaring across Greece
Compared to the fourth quarter of 2022, the average of rental housing nationwide in the fourth quarter of 2023 was ***88% compared to the average of ***11 for *** houses9%。Compared to the third quarter of 2023, residential sales and rentals nationwide are up about 1%.
In terms of gains, Piraeus and its suburbs saw the largest increase in average residential sales** in the fourth quarter of 2023 compared to the fourth quarter of 2022. In terms of rentals, Piraeus and central Athens were among the regions with the largest increases in average residential rentals**.
Greece** Visa Advantages
1.The right to reside in Greece
The Greece** visa allows you and your family to live in Greece for no time limit, and you can also enjoy public health and education benefits in Greece.
2.Visa-free travel within the European Schengen area
*The visa allows you to travel freely through the Schengen area without the need for an additional visa. These include many popular tourist countries such as Austria, France, Italy, Denmark, Hungary, etc.
3.Suitable for the whole family
The Greece** visa program allows you to include your spouse and children under the age of 21 in the program. This means that all these family members can also get and enjoy all the benefits of the ** visa card. In addition to other ** visa programs, the Greek program offers extended family benefits, which means that the main applicant's parents and parents-in-law can also live together without any additional requirements.
4.The investment threshold is low, and the real estate market has broad prospects
Greece has the lowest investment threshold in Europe** visa programs. You can invest as little as €250,000 in Greek real estate to qualify for the program, with the exception of cities such as Athens, Thessaloniki, Mykonos, and Santorini. However, as of July 31, 2023, the minimum investment threshold is €500,000 in these specific sectors. As of 2023, the Greek real estate market is on an upward trend, and you also enjoy the opportunity to rent out your investment property, with plenty of room for investment.
5.The application process is simple
Greece** visa application is a simple process that takes as little as 3 months to complete.
6.There is no need to provide proof of academic qualifications, management experience, funds**, and medical examination reports
7.It is possible to live and work in EU countries
8.Greece is safe, with a high standard of living and a low cost of living
Greece is known for its good security and high quality of life. This Mediterranean country has an excellent standard of living, offering a rich culture, cuisine, and unforgettable landscapes. The cost of living in Greece is relatively low compared to many other European countries, which makes it possible for both residents and foreigners to enjoy a relatively affordable life here. From a pleasant climate to a rich history, Greece offers a variety of experiences for residents and visitors alike.
9.Quality education and medical resources
Greece has a top-notch education system and medical resources. When it comes to education, the country has many excellent universities and research institutes that offer students a rich and diverse range of academic options. Whether in the sciences, arts, or humanities, education in Greece focuses on providing high-quality teaching and research resources that provide students with a wide range of opportunities for academic development.
In terms of medical care, Greece has modern medical facilities and professional medical teams, from basic health care to specialty**, medical resources are comprehensive, providing people with peace of mind and high-quality medical protection. Public hospitals are free of charge, and private hospitals are reimbursed by 80% of their insurance.