US nationals opt for Greek Golden Visas

American citizens are increasingly turning to Greece to secure a Golden Visa, thereby turning this country into the third most popular in terms of applications for residence permits by US property investors, according to research by Astons.

The British investment immigration and relocation provider showed in a survey this week that there has been a major shift in interest toward the Greek program for the provision of a five-year residence permit through the purchase of property, and that is not only thanks to the upcoming increase of the investment threshold from 250,000 to 500,000 euros as of August 1 - it is also related to developments in other Southern European countries.

Astons showed in its research that during March 2023 overall searches for the Greek Golden Visa program soared 75.2%, just as Portugal's program was abolished. While Spain also showed an increase...