Over the last 1.5 years, the number of Turkish nationals applying for Greece’s Golden Visa Program increased by nearly 40 percent.
A source from Sozcu says that the increase is expected to continue throughout this year, Schengen.News reports.
The same shows that for a period between March 2024 and March 2025, Turkish nationals showed an increase of 46 per cent in Greek Golden Visas.
According to Astons Business Development Director and President, Denis Kravchenko, the political instability was among the main reasons when it comes to the surge in interest noted in the Greek Golden Visa Program.
Greece’s proximity to Turkey and its cultural familiarity make it a natural choice.
Kravchenko told News Bomb that in January 2025, based on the statistics from the Central Bank of Greece, Turkish nationals spent a total of €135 million on foreign real estate, mainly in programs such as the Golden Visa.
Turkish Among Top Beneficiaries of Greece’s Golden Visa
Greece’s Golden Visa Program offers wealthy non-EU nationals the opportunity to obtain residency in exchange for financial investments and meeting some required requirements.
Recently, it was reported that Türkiye ranks second among the top beneficiaries of Greece’s Golden Visa Program.
Last year alone, the Hellenic Republic experienced a surge in demand from Turkish nationals for the Residency-by-Investment scheme.
Greece received a total of 9,289 golden visa requests in 2024of the total 1,356 came from Turkish citizens.
Earlier this month, it was reported that the top destinations for real estate purchases by nationals of Türkiye are Greece and Dubai.
The President of the Real Estate Services Exporters Association of Türkiye, Bayram Tekce, told Business Voice.
Among the main reasons for buying a house in other territories is that those who want to feel free are interested in obtaining a golden visa.
Dubai and Greece stand out in Turkish property investments abroad. The most important reason why Greece is preferred is that with an investment of €250,000, the doors of all European countries are opened to the buyer. Spain and Portugal are also preferred, but now their visa programs have been closed.
In 2024, the Hellenic Republic said that it is aiming to attract wealthy international individuals through more productive ways, instead of real estate investment options. In addition, authorities in this country also provided details related to the startup option that will be added to this scheme.