THE REAL ESTATE MARKET IN GREECE ONE OF THE MOST POPULAR INVESTMENTS OF THE CHINESE-GOLDEN VISA
In recent years, thousands of Chinese citizens have bought real estate in Greece, mainly with the aim of obtaining the Golden Visa, i.e. the five-year residence permit in Greece and in all Schengen countries. The threshold for the acquisition of Golden Visa is the purchase of real estate with a contract value of 250 thousand euros. Greece offers unlimited options for the purchase of one or more properties to supplement the necessary value and in many cases these properties offer, in addition to Golden Visa, a stable income to the Chinese investor.
Golden Visa is also offered with other investments but the most popular is the real estate market. This “product” has significantly contributed to the promotion of Greece in China as more than 7,000 Chinese have acquired property and the Golden Visa in recent years. The pandemic has created significant problems in this area as well, as the inability of the Chinese to travel does not facilitate trade.