The year 2023 witnessed a significant increase in Greek Golden Visa applications, with many experts believing this surge was to seize the opportunity to obtain residency before the application fees increase. However, the continued rise in applications despite the fee hike confirmed the presence of other factors driving investors to obtain Greek Golden Residency.

Greek Golden Residency: Popularity Booms with 78% Increase in Applications

According to statistics, in the last 4 months of 2023, the total number of applicants for Greek Golden Residency reached 2,866 applications, with an average monthly application rate of about 717, which is 78% higher than the applications in 2022.

Regarding pending applications, one out of every four applications was approved, and Greece managed to reduce the number of pending applications in August. It is worth noting that the Greek Golden Residency program significantly contributed to boosting Greece’s economy and attracting substantial investments, with an average monthly intake reaching €200 million in 2024.

Will the current year witness new developments in the Golden Residency program?

To stay updated on the latest developments in Golden Residency programs, you can always follow the official website of NTL, as we are committed to keeping track of the latest updates related to investment citizenship and Golden Residency.