The number of Chinese tourists visiting Greece is expected to grow by 50% this year! According to figures released by the Bank of Greece, tourism revenue in Greece increased by 10% in 2017, reaching 14.63 billion euros, setting a historical record for tourism income. This represents a 10.8% increase compared to 2016, with the number of visitors rising from 28 million to 30.16 million, a year-on-year growth of 7.4%. This brought the total contribution of the tourism industry to Greece's GDP to 35 billion euros, accounting for 19.7% of the GDP.
And today, this figure continues to grow. It is estimated that the tourism industry's contribution to Greece's GDP will increase by 5.3% this year, reaching 36.9 billion euros, equivalent to 20.1% of the GDP.
Greece's ability to emerge from the shadow of the economic crisis in such a short time is undoubtedly due to its tourism industry, and the most direct "beneficiary" of this is the local Greek investment immigration market. Purchasing property in Greece worth 250,000 euros or more grants you a Greek Golden Visa. The appreciation or rental income from the property itself is very substantial, and holding a Greek residence permit allows applicants to enjoy multiple benefits, including access to education, healthcare, and visa-free travel across 26 Schengen countries.
With the deepening of the "Belt and Road" initiative and the opening of direct flights between China and Greece, Greek investment immigration is bound to become one of the best "landing points" for Chinese citizens in Europe! As property values continue to rise, Greek investment immigration is naturally attracting domestic and international individuals to take action. Worldway immigration experts remind investors to seize this "booming" investment opportunity.
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A reminder to everyone: be sure to act quickly on good properties, as some are already sold out!
How popular are Greek properties?
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