The number of "Golden Visas" issued by Greece has surged by more than 31% so far in 2025, driven by a dramatic increase in demand from investors from Turkey, Israel, and China, according to a new report.
An analysis by the real estate consultancy Astons shows that between January and July, the number of visas granted to Turkish nationals skyrocketed by 79%.
The number granted to Israelis rose by 42%, and to Chinese nationals by nearly 28%.
Greece's program is one of Europe’s most affordable residency-by-investment options, requiring a minimum real estate investment of €250,000.
The country also offers a favorable tax regime for foreign retirees and a flat €100,000 annual tax for high-net-worth individuals on foreign income.
"Demand for Greece's Golden Visa has been increasing for some time, and the Greek government remains welcoming due to the program’s positive contribution to the national economy," said Suzanna Uzakova, a senior advisor at Astons.
She noted that the program strengthens local markets and the real estate sector.