Uglobal Immigration Magazine Volume 2, Issue 1 | Page 10

UGLOBAL IMMIGRATION MAGAZINE 8 THE GROWTH & NEW DEVELOPMENTS OF THE GOLDEN VISA PROGRAM IN GREECE BY / MARY TSIGANOU Whether buying property or investing in a business, an increasing number of investors find viable options for their global mobility needs through Greece’s flexible program. T he Greek Golden Visa investment program has faced many developments, challenges and, most importantly, growth over the recent few years. With the ever- increasing popularity of Greece as an investment destination, the number of issued Golden Visas has skyrocketed to more than 4,150 investors as of January 2019. If including the investors’ family members, that number jumps to more than 11,400 visas as of January 2019. Together with strong financial reform efforts, the Greek economy is ready to handle a larger volume of incoming investments while promising steady and reliable rates of return.