Greek Golden Visa Program: Over 6,500 Residency Permits Issued to Chinese Nationals
Greek Golden Visa Program
Greece’s Golden Visa Program continues to be a popular choice for international investors seeking residency in Europe. As of February 2025, more than 6,500 residency permits have been issued to Chinese nationals, making them the largest group of beneficiaries under the program. This surge in interest highlights Greece’s appeal as a prime destination for investment and long-term settlement.
What is the Greek Golden Visa Program?
Introduced in 2013, the Greek Golden Visa Program grants residency to non-EU nationals in exchange for a minimum investment in real estate. With an investment threshold starting from €250,000, the program provides a five-year renewable residence permit and allows visa-free travel within the Schengen Zone. It has become one of the most attractive residency-by-investment programs in Europe, drawing investors from around the world.
Chinese Nationals Leading the Program
Chinese investors have shown a strong preference for Greece’s Golden Visa, with over 6,500 residency permits issued. The reasons behind this trend include:
- Access to the European Market: A Greek residency permit provides a gateway to business and lifestyle opportunities within the EU.
- Attractive Real Estate Investment: Greece offers a range of luxury and affordable properties in prime locations.
- Political and Economic Stability: Many Chinese investors see Greece as a secure and promising destination for long-term residency.
- Visa-Free Schengen Travel: The permit allows unrestricted travel across the 27 Schengen countries, making it a valuable asset for business and leisure.
Other Nationalities Benefiting from the Program
While Chinese investors dominate the program, other nationalities have also shown increasing interest:
- Turkish nationals – Over 1,400 permits issued
- Lebanese nationals – Close to 800 permits issued
- British nationals – Nearly 600 permits issued
Investors from the U.S., Iran, and Israel have also been actively applying for Greek residency through this initiative.
Popular Investment Choices
The majority of Golden Visa applicants prefer investing in Greece’s thriving real estate market. Some of the most sought-after locations include:
- Athens Riviera – Known for its luxury seaside villas and high-end apartments
- Kolonaki – A prestigious district in central Athens with historic significance
- Northern Suburbs of Athens – Areas like Kifisia, Ekali, and Marousi attract families and investors looking for tranquility and premium housing
- Greek Islands – Properties in Crete, Rhodes, Corfu, and Paros are popular for holiday homes and rental investments
Economic Impact of the Golden Visa Program
Greece’s Golden Visa Program has significantly contributed to the country’s economy, particularly in the real estate sector. With billions of euros in foreign investment, it has played a crucial role in revitalizing the housing market and boosting related industries. The program has also created job opportunities in construction, property management, and tourism.
Future of the Greek Golden Visa Program
With continuous interest from Chinese and other international investors, the Golden Visa Program is expected to remain a key driver of Greece’s economic growth. While policy changes or investment thresholds may be adjusted in the future, the demand for Greek residency is likely to stay strong due to the country’s strategic location, high quality of life, and investment-friendly climate.
For investors seeking European residency through real estate, Greece remains one of the most attractive options available today.
