Since the launch of the Greek "Golden Visa" policy, it has attracted a large number of Chinese investors to purchase property and invest in Greece. Worldway Group has learned that according to the latest data released by the Greek Ministry of Migration Policy, from the launch of the "Golden Visa" policy in 2013 to the first quarter of 2019, the Greek government issued a total of 4,145 "Golden Visas," with 1,399 issued in 2018 alone, a 46% year-on-year increase. Among all applicants, Chinese nationals firmly rank first in the number of approvals, and their share continues to rise.
Data shows that since the implementation of the property-for-residency policy, Greek authorities have issued 2,416 "Golden Visas" to Chinese investors, accounting for 58.16% of the total issued. From January 2018 to date, 1,300 Chinese investors have obtained "Golden Visas," with their share rising to 78%.
Russian nationals rank second among "Golden Visa" investors, having received 428 residence permits last year; Turkish nationals follow closely behind, with their numbers also increasing from 241 in 2017 to 402 in 2018.
Through the Greek "Golden Visa" policy, investors only need to purchase property starting from 250,000 Euros to quickly obtain Greek Golden Residence Permit visas for three generations of their family. This allows them to travel freely across 26 European countries, enjoy Greece's generous education and medical benefits, and acquire properties with permanent property rights, making it highly sought after by investors.
As the Greek economy continues to heat up, property-based immigration to Greece has become exceptionally popular in recent years. This led to a brief 48-hour suspension of appointments and signing of POA authorizations by the Greek Embassy and Consulates in Beijing in early September last year, and even resulted in backlogs and waiting periods for "Golden Visa" applications at some regional immigration offices in Greece.
The emergence of waiting periods has, to some extent, caused inconvenience to investors. However, major good news regarding Greek property-based immigration was recently announced: The waiting period has been cancelled! Effective May 1, 2019, applicants for the Greek "Golden Visa" can provide fingerprints at any immigration office without waiting. This is undoubtedly a major benefit for the many investors eager to obtain a "Golden Visa" as soon as possible.
At the same time, the Greek Parliament recently passed a new bill expanding the scope of "Golden Visa" issuance. Building on the existing investment route of purchasing Greek property starting from 250,000 Euros, new investment methods such as bonds, stocks, or bank deposits have been added. The current property-based investment route starting from 250,000 Euros remains the lowest investment threshold.
All these positive developments indicate that Greece, with its warming economy, is opening its arms to welcome investors from around the world.
Worldway immigration experts state: With the arrival of positive news such as the elimination of waiting periods and the diversification of investment methods, applications for the Greek "Golden Visa" are expected to become even more popular. Those interested in investing in Greece should seize the opportunity for low-cost immigration early to benefit sooner.
Influenced by the warming Greek economy and the continued popularity of property-based immigration, the current state of the real estate market can be summarized in four words: supply cannot meet demand! Against this backdrop, how can investors spend less money to buy better properties and earn greater returns?
Pioneer of Greek Property-Based Immigration: Worldway Group
Partnering with powerful Greek developers to launch a prime Athens city center commercial property project with an ultra-long lease term
12-year guaranteed rental, ultra-long lease term, with considerable rental income
Purchase property to quickly obtain a Greek Golden Visa for three generations of the family
Double harvest of residency status and investment returns
Superior location, convenient transportation, seamless connection to urban transport hubs
The project is located in the main urban area, adjacent to the beautiful coastal promenade and the noble former royal district. Overlooking the Acropolis of Athens, it is a 2-minute walk to the subway station, seamlessly connecting to the city's transport hub, providing convenient access to all parts of Athens.
Subway reaches the city center in less than 10 minutes, and Alimos in about 10 minutes
Provides great convenience for clients and partners, and brings continuous foot traffic to the shops
Convenient access to law firms, tax consultants, and government departments
Seamless connection with Athens' high-net-worth individuals
Born from market demand, a perfect combination of hotels, shops, and shared office spaces
Above the shops is a high-end hotel with complete facilities, making it an excellent investment choice. The ground floor shops will feature a hotel lobby, high-end restaurants, cafes, etc., to meet the diverse lifestyle needs of high-net-worth individuals. The first floor is equipped with a shared office area, integrating life and work, encompassing residential, work, leisure, entertainment, and other three-dimensional spaces to create a highly efficient and vibrant community.
In addition, the shops are located in a core area with convenient transportation, superior location, and a rich commercial atmosphere. Its business model of integrating tourism hotels, shops, and office spaces has been successfully verified around the world. The service and management model of star-rated hotels, the flexible and convenient experience of shared offices, and rich operational experience will attract a large number of consumers to the shops.
The Athens city center shops with ultra-long lease terms allow you to quickly obtain a Greek Golden Visa upon purchase. Properties are limited, first come, first served! Choose Worldway for your Greek property-based immigration, and make your immigration journey easier! In addition to the ultra-long lease shops in Athens city center, Worldway currently has many other high-quality properties to choose from! Property purchase hotline: 400-138-2929.
