Recently, according to the latest data from the official Greek website, as of September 30, 2023, the number of residence permit applications from Greek investors surged by 163% compared to last year, with 7,541 applicants submitting applications. The number of permanent residence cards issued reached 3,861, an increase of 120% compared to the same period last year (1,758 people).
Among them, 6,927 people from China were approved, accounting for approximately 61.2%, ranking first in the number of approvals. It is noteworthy that many people around the world want to immigrate to the UK and the US, but Americans and British prefer Greece, with applicants from the US and the UK consistently ranking in the top ten of Greece's immigration list!
This figure reflects the strong interest of investors from countries such as China, the United States, and the United Kingdom in the Greek real estate market and their high recognition of the Greek immigration program. In fact, since the announcement of the price increase for the Greek Golden Visa at the end of 2022, the number of applications for Greece has surged, becoming popular among investors from China, the United States, and the United Kingdom.
Although, starting from August 1 of this year, the investment threshold for the Greek Golden Visa in certain areas officially doubled from €250,000 to €500,000! However, the application data shows that the popularity of the Greek Golden Visa remains high even after the price increase. The Greek Golden Visa program offers investors multiple advantages, including convenient travel, quality education for children, flexible investment opportunities, a pleasant retirement environment, and desirable vacation destinations, among others.
According to the amendment, areas such as Eastern and Western Attica and Piraeus will maintain the €250,000 policy, and will continue to allow investment combinations through the purchase of multiple properties to meet the threshold amount. This presents a new opportunity for investors after the price increase for Greek property immigration. Investors choosing to purchase properties starting from €250,000 in non-price-increase areas can apply for Greek permanent residence visas for their entire family across three generations, making it a cost-effective choice.
The two key elements of immigration are timing and choice! As one of the few projects in the immigration market that allows for quick acquisition of a European Union country green card, the Greek property immigration program is very cost-effective among European countries. This program has relaxed application conditions, with no educational, language, management experience, or residency requirements, and allows the entire family across three generations to apply for Greek permanent residence visas, while also enjoying free movement across 27 Schengen countries, as well as access to Greek education, healthcare, and other social welfare benefits. Additionally, upon meeting the conditions, one can apply for an EU passport while also acquiring property with permanent ownership, offering numerous advantages!
For those wishing to immigrate to Greece, currently choosing properties in areas like Piraeus, which are not subject to price increases, is a good option. Moreover, property prices in this area are currently quite stable. According to the latest Greek real estate data, property prices in Piraeus increased quarter-on-quarter, comparable to core areas. Among them, the Port of Piraeus, adjacent to the changing political district, is expected to become a popular choice for investors!
The Port of Piraeus is Greece's largest port and one of the top 50 container ports in the world, as well as the largest container port in the eastern Mediterranean region. The entire Port of Piraeus is equipped with complete supporting facilities, including large supermarkets, subways, outlets, Chinese restaurants, shops, freight services, yacht marinas, theaters, and sports facilities, providing a beautiful environment and a prosperous economy. The development of the Piraeus area has rapidly advanced, and surrounding property prices have become one of the fastest appreciating areas in Greece, with unlimited potential for future appreciation. Whether for investment or personal residence, it is an excellent choice! The minimum investment threshold in the Piraeus area is only €250,000, allowing three generations of a family to obtain high-value residency status!
In collaboration with a strong Greek developer, Worldway proudly introduces another significant Greek property immigration project, "Greek Piraeus Apartments," which is a high-quality property located in the non-price-increase area of Piraeus. The project is strategically located in the Athens seaside corridor, adjacent to the largest port in the Mediterranean, the Port of Piraeus; the project has a well-developed transportation network, close to three newly opened subway stations, and within walking distance to numerous bus stops, making it convenient to access various lines to reach different parts of Athens, enjoying the convenience of commuting; the project is well-equipped with surrounding large shopping centers, famous tourist attractions, sports venues, hospitals, international schools, etc., providing convenience for life; the rental market of the project is active, situated in a popular area for long-term and summer vacation rentals, with broad development prospects; the project is crafted by a top architectural design team from London, featuring modern luxury designs and spacious balconies, with the top floor offering views of the Port of Piraeus, and each unit includes a private garden/balcony/terrace, making it suitable for both investment and personal use; the project meets the requirements of the Greek Golden Visa law, with property purchases starting from €250,000, allowing the entire family to obtain Greek permanent residency in one step.
As we all know, immigration is a long and complex process. After investors and their families obtain citizenship, they will have lifelong ties with the country, and many aspects of citizens' lives and careers may require assistance from the government in providing valid documentation. All these matters rely on intermediary agencies that maintain good relationships with the government for assistance. It can be said that Worldway is a trustworthy choice for investors immigrating to Greece.
In July 2013, Worldway Group collaborated with the Greek Embassy in China to hold the launch ceremony for "Greek Property Immigration" in China, introducing the Greek property immigration project to China. Since then, the country of ancient Greek civilization has opened its arms to welcome new Chinese immigrants, marking the official beginning of Chinese investors establishing a "second home" in Greece! Now in 2023, the Greek property immigration project has reached a significant milestone of ten years since its introduction to China, which is of great significance.
Over the past ten years, Worldway Group has maintained good interactions with the Greek government, and senior executives of Worldway Group have met with dozens of dignitaries, including the Greek Ambassador to China, Commercial Minister, Consul, and immigration bureau officials.
After the price increase of the Greek property immigration program, properties in non-price-increase areas may become highly sought after. Those interested in immigrating to Greece should contact Worldway as soon as possible, as quality properties are in high demand.
For more details, please send us a private message in the comments section or call the Worldway service hotline: Mainland China: 400-138-2929, Hong Kong: (852) 2802 8798.