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Those Who Couldn’t Get Schengen Rushed to the Neighbor, Turks Came Second in Investment When Greece Opened the EU Door

Home - News - Those Who Couldn’t Get Schengen Rushed to the Neighbor, Turks Came Second in Investment When Greece Opened the EU Door

The recent issues with European visas are pushing those with travel plans abroad toward alternative destinations. Those unable to obtain a Schengen visa are first heading to Greece. They are knocking on the doors of EU countries by investing in neighboring countries.
 

TÜRKIYE IS THE COUNTRY WITH THE MOST GOLDEN VISAS IN GREECE AFTER CHINA

Greece, which offers a 'Golden Visa' through real estate acquisition for €250,000 in Piraeus and certain regions, and €500,000 in Athens, has announced its year-end figures. Turkish citizens became the second-largest group to receive Golden Visas in Greece after Chinese citizens. While rental income in euros can be obtained through real estate investments in Greece, the program also grants the right to trade and work in EU countries.
 

THEY OBTAIN RESIDENCY IN GREECE THROUGH THE GOLDEN VISA

Offering great opportunities in real estate, Greece has come under the close watch of Turkish citizens. A significant number of Turks wanting to benefit from the citizenship program, along with their families, are showing intense interest in neighboring Greece. Although talks have accelerated to resolve visa problems with EU countries, Turkish citizens and investors who wish to avoid visa issues are applying to the ‘Golden Visa’ program. Greece, where a €250,000 investment in Piraeus and some other areas and a €500,000 investment in leading cities like Athens grants access to the “Golden Visa,” has released its year-end figures. Turkish citizens who benefited from this program ranked second after Chinese citizens. In 2023, Greece received 7,752 Golden Visa applications, with the total investment value through these applications exceeding €2.3 billion. Greece, which grants residence permits to foreign nationals and investors who purchase property, has been attracting investors lately with the advantages it offers. Investors benefiting from the program can earn euro-based rental income from their real estate investments and even gain the right to trade and work in EU countries.
 

REAL ESTATE INVESTMENT IN GREECE IS MORE ATTRACTIVE

Vesta Global, one of Türkiye's leading companies providing consultancy services on overseas investment and residency permits, is opening the doors of Greece to Turkish citizens through the Golden Visa program. Offering demand-driven solutions to its clients, the company manages the entire process on a turnkey basis, ensuring fast and lasting solutions for Turkish citizens. Vesta Global Co-Founder Teuta Narazan said, “With the alternatives we offer, our citizens can make investments suitable to their budgets in neighboring Greece and benefit from the advantages of the ‘Golden Visa’ program. There is intense interest from Türkiye in the program. In fact, Turkish citizens who benefited from this program ranked second after the Chinese. In 2023, there were 7,752 ‘Golden Visa’ applications to Greece, and the total investment value from these applications exceeded €2.3 billion. Investors benefiting from the program can earn euro-based rental income from their real estate investments and even gain the right to trade and work in EU countries. All these advantages make real estate investment in Greece attractive,” she said.
 

THEY OVERCOME THE VISA BARRIER

Teuta Narazan stated that many investors who have recently had great difficulty obtaining visas from the Schengen area, the US, and the UK have found the chance to reach the world through this program: “Turkish investors are mostly choosing Greece. At Vesta Global, through the Golden Visa program, we ensure that Turkish citizens who choose Greece make high-income real estate investments and reach lasting solutions for their visa issues,” she said.
 

SERVICES IN OVER 10 COUNTRIES

With the advantages it offers families, the Golden Visa program ranks high among the preferences of Turkish citizens. The spouse of the investor, their children up to the age of 21 or studying, and their dependent parents can also benefit from the program's advantages. Vesta Global offers services in more than 10 countries, including EU countries like Greece, Spain, and Malta, as well as the UK, the USA, and the United Arab Emirates, depending on the preferences of its clients. Turkish citizens who want to generate profits through their investments in Greece or countries included in the Golden Visa program and eliminate visa barriers can open up to the world through the wide-ranging portfolio provided by Vesta Global.
 

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