As a world-class holiday paradise, Greece attracts a number of tourists several times its local population every year. Its ancient civilization, historical architecture, comfortable climate, and the romantic Aegean Sea make it a world-renowned destination for tourism and vacation. The booming Greek tourism industry has stimulated the local real estate market, attracting a significant number of foreign buyers to Greece to purchase property.
According to a report by the Greek newspaper *Kathimerini*, thanks to the positive impact of a thriving tourism industry on the real estate market, this year has seen the fastest growth in foreign real estate buyers in the past decade. Latest data released by the Bank of Greece shows that in the first quarter of this year, capital inflows from abroad for property acquisitions rose by 61.7% year-on-year, with a 56.7% increase in January-February, and an even faster growth rate in March. The report states that foreign investment in Greek real estate reached €270 million in 2016, a year-on-year increase of 45.3%. If this trend continues throughout 2017, €430 million in foreign capital will enter the Greek real estate market. Real estate industry insiders state that the influx of foreign capital into the Greek property market has brought significant positive effects to the Greek economy.
At this stage, as China promotes its "Belt and Road" development strategy, Greece can be considered the gateway for Chinese capital to enter the European market, occupying a highly strategic position. The continued cooperation between China and Greece under the "Belt and Road" framework will further boost the Greek economy. As the Greek economy gets back on track, Greek property investment for immigration—offering both an immigration status and substantial investment returns—has become a preferred choice for domestic investors. Not only have high-profile figures like Jack Ma and Wang Jianlin explored the Greek real estate market, but many members of the middle class are also actively purchasing property in Greece.
The Greek Deputy Minister of Economy, Stergios Pitsiorlas, recently stated that since the implementation of the Greek property investment immigration policy, 1,684 overseas individuals have invested in the Greek property market through this policy, obtaining five-year residency visas and successfully immigrating to Greece. Reports indicate that the Greek property investment program is one of the European investment immigration programs with the lowest capital requirements; by purchasing property worth over €250,000, investors can obtain residency visas for their entire family of three generations. Since the Greek government introduced this policy, it has attracted approximately €1 billion into the country.
Now, investors in Greek property immigration are receiving more great news! It is reported that starting from November 1st of this year, direct flights between Beijing and Athens, Greece, will officially commence! Air China will provide direct flights to Athens every Wednesday and Saturday, with an average flight time of 10 hours for each leg of the journey. This is a significant benefit for Greek property immigration investors, as the opening of direct flights will provide immense convenience for those traveling to Greece for property inspections, tourism, and travel between China and Greece.
Advantages of the Greek Immigration Program:
1. High Cost-Effectiveness: Highly cost-effective European residency via property purchase.
2. Low Investment Amount: Only €250,000 required for property purchase to obtain residency in one step.
3. No Residency Requirement: No minimum residency requirement after obtaining the residence permit.
4. Low Property Prices: Greek property market values are nearly 50% lower than before the economic crisis; with the economic recovery, there is significant room for appreciation in housing prices.
5. Simple Application Requirements: No proof of education, management experience, source of funds, or medical check-ups required.
The "3rd USA Immigration Month" major promotional event launched by WorldWay is currently in full swing. Anyone who signs a contract for a mainstream investment immigration project with WorldWay on any day in June will be eligible for major discounts. In addition, there are many themed activities awaiting you, including overseas investment salons, immigration policy interpretation seminars, and client appreciation events. For details, please call the WorldWay hotline: 400-138-2929.
