The number of Greek Golden Visas issued increased by more than 31% since the start of the year, with particularly high demand from citizens of China, Turkey, and Israel, according to analysis from international property consultancy.
A total of 17,254 Golden Visas were issued in July 2025, marking a month-on-month increase of 5.7%. This is the largest monthly increase of the past 12 months, and maintains a record of consistent growth dating all the way back to October 2024.
Suzanna Uzakova, senior consultant for residency and citizenship programmes at Astons, said: “Demand for Greek Golden Visas has been growing for a long time, and the Greek government has proven amenable to issuing visas due to the boost that they provide to the national economy.
“Many of the foreign nationals obtaining Greek citizenship are wealthy individuals whose investment into the country is helping to further bolster the local business and real estate markets, but it’s not just the arrival of HNWIs that the Greek government is interested in.”
Greece’s Golden Visa is one of the most accessible in Europe, with investment requirements starting at just €250,000, providing the money goes towards commercial real estate that is converted into residential dwellings.
Citizens of Turkey have seen the biggest increase in the number of visas issued, rising by almost 80% (79.2%) between January and July 2025.
Israelis have seen an increase of 42.1%, followed by citizens of China (27.8%), the USA (27.3%), and the UK (25%).
Expat retirees who want to relocate to Greece pay a flat 7% income tax rate on foreign pensions for up to 15 years.
Meanwhile, high net worth individuals are subject to a flat annual tax of €100,000 applied to all foreign-sourced taxable income, with an option to include family members for an additional €20,000 per person.