The Greek Golden Visa is one of the most popular residency-for-investment programs in the European economy, with demand increasing significantly in the first half of 2022.
According to a report by real estate broker Tranio, the number of applications for the Greek Golden Visa program in the first half of the year increased by 127 percent compared to the corresponding period in 2021.
The average number of foreign property buyers seeking to obtain a residence permit or citizenship in European countries increased by 20 percent in 2021.
The dynamics of interest in Golden Visa programs, and hence passports for real estate buyers in 2021, show:
Portugal is among the favorite countries, with a 100 percent gain.
Montenegro is up 50 percent compared to last year.
Spain added 28 percent, interest in Cyprus remains unchanged, but in Latvia, this figure fell by 38 percent.
However, the most popular programs for demand growth in the first half of 2022 are the Greek Golden Visa, followed by Golden Passports of Turkey (+24%), Malta (18%), and Montenegro (+12%). According to Italy’s Living Through Investment program, it has risen by 11 percent in the first half of 2022.
Outside of Europe, the UAE Golden Visa leads the way, with requests up eight percent compared to the first half of 2021. The UAE is followed by the US Green Card, up four percent, and Thailand’s Golden Visa, up four percent.
The Expat Insider 2022 report found that Portugal and Spain were the top two countries for ex-pats living in Europe, ranking fourth and sixth respectively.