Concerns in Greece Regarding Turkish Real Estate Investments and Residency Programs
Recently, Greece has become a favored location for global investments, especially through its “golden visa” program. This initiative allows non-EU citizens to obtain residency permits by investing in real estate above a certain threshold. Though,the significant rise in property acquisitions by Turkish investors has sparked serious concerns among Greek citizens and government officials alike. Given the existing geopolitical tensions between Greece and Turkey, these developments raise significant discussions about economic impacts, national security implications, and the future of Greece’s real estate market. The potential for increased cross-border investments to transform local communities and influence diplomatic relations necessitates an in-depth examination of both socio-political ramifications and governmental responses.
Local Concerns Arising from Turkish Investments
The growing trend of…
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Author : Victoria Jones
Publish date : 2025-04-17 16:21:00
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