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Even the price increase cannot be stopped! Why are Chinese people scrambling for this European green

label: 2025-02-24

Recently, the Greek Immigration Bureau released the 2024 Golden Visa application data, showing a surge in applications.


It can be seen that despite the two price increases of the program last year, the Greek Golden Visa is still one of the hot choices for global investors seeking a second identity, especially favored by Chinese investors.


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Greek Golden Visa


Applications surge


Data shows that the Greek Golden Visa program received a total of 9,289 new applications in 2024, an increase of 10% compared to 2023, and once again set a new record.


In particular, in the fourth quarter of 2024, the number of applications increased significantly. For example, the average monthly application volume in the first three quarters was 683, and in the fourth quarter it soared to 1,048, of which December set a new high in monthly applications in two years.


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As of December 2024, Chinese applicants accounted for the highest proportion of people applying for Greek Golden Visas for the first time, reaching 49.9%.


This shows that although Greece has raised the investment threshold twice in 2024, the "commercial to residential" real estate project with no geographical restrictions and an investment threshold of only 250,000 euros still provides investors with a relatively low-cost immigration option, so this channel is still popular among Chinese applicants.


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Greek Golden Visa


Why is it so popular


➤ One person applies, three generations immigrate


The Greek Golden Visa program allows one person to apply, and the whole family can immigrate for three generations. In other words, the main applicant can bring his spouse, children under 21 years old, and both parents to immigrate together and enjoy family happiness.


As a world-renowned holiday paradise, Greece has a beautiful environment, good air quality, rich historical and cultural heritage, and the local people are extremely friendly to the Chinese.


In addition, children with Greek transcripts can more easily apply for well-known European and American universities, or choose to return to China to take the Overseas Chinese Students Joint Examination and apply for top universities such as 985/211 with lower scores.


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➤ Travel in Europe


One of the key benefits of the Greek Golden Visa is that it allows the holder to reside in Greece and travel freely as a resident (not a tourist) in 29 Schengen countries, including France, Germany, Italy, Hungary, Spain, and Portugal.


In addition, the Golden Visa is valid for up to five years and can be renewed as long as the investment remains valid. After seven years of residence in Greece, applicants have the opportunity to obtain Greek citizenship.


It should be noted that policies change frequently and time is of the essence. For example, the Spanish Golden Visa has been closed, and Hungary and Malta have also tightened their policies.


Therefore, if you are interested in applying, please contact Xingyunhai International and we will provide you with a tailor-made exclusive plan.

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