Brief by Shorts91 Newsdesk / 06:26pm on 24 Sep 2024,Tuesday Business
A 37% increase in property purchases by Indian investors in Greece occurred between July and August, driven by a rush to secure residency before new regulations took effect on September 1. The Golden Visa Programme, launched in 2013, allowed non-EU citizens to obtain residency permits by investing in real estate, initially set at €250,000. However, rising demand has led to an investment threshold increase to €800,000 in popular areas like Athens and Mykonos. The program remains appealing due to attractive rental yields and access to quality healthcare and education in the EU.
