NEWS

Greece’s Golden Visa program experienced a record-breaking year in 2024, with 9,289 new applications from principal applicants, marking a 10% increase compared to 2023. From 2018 to 2024, the program maintained a robust compound annual growth rate (CAGR) of 25%. However, the total backlog of applications, encompassing both new submissions and renewals from principal applicants ... Read moreGreece Receives Record 9,289 Golden Visa Applications in 2024; Backlog Nears 50,000

President Nikos Christodoulides has announced that Cyprus is expected to officially join the Schengen Area in 2025. This marks a significant step in strengthening the country’s European integration and enhancing its international standing. At a press conference in the capital city of Nicosia, the President stated that the necessary technical procedures for joining Schengen have ... Read moreGreece Receives Record 9,289 Golden Visa Applications in 2024; Backlog Nears 50,000

Before its termination in 2017, Hungary’s Golden Visa program was one of Europe’s most popular residency-by-investment options. Today, investors who participated in the program can still convert their temporary residence permits into permanent residency cards, unlocking long-term settlement benefits. Overview of Hungary’s Golden Visa Hungary’s Golden Visa program offered foreign investors the chance to obtain ... Read moreGreece Receives Record 9,289 Golden Visa Applications in 2024; Backlog Nears 50,000

The global real estate market is preparing to enter a new cycle with significant changes in 2025. Below are the key trends that investors need to watch, based on data and analysis from MSCI. 1. Uneven recovery across sectors After a prolonged downturn from 2023 to mid-2024, the real estate market has started showing signs ... Read moreGreece Receives Record 9,289 Golden Visa Applications in 2024; Backlog Nears 50,000

Over the past two years, foreign nationals, including those from the EU and third countries, have accounted for approximately 50% of all real estate purchases in Cyprus. This highlights the trust placed in the local market and underscores that market conditions would be vastly different without their participation. In addition to investing in real estate, ... Read moreGreece Receives Record 9,289 Golden Visa Applications in 2024; Backlog Nears 50,000

Over the past two years, foreign nationals, including those from the EU and third countries, have accounted for approximately 50% of all real estate purchases in Cyprus. This highlights the trust placed in the local market and underscores that market conditions would be vastly different without their participation. In addition to investing in real estate, ... Read moreGreece Receives Record 9,289 Golden Visa Applications in 2024; Backlog Nears 50,000

Stretching from the southern suburbs of Athens to the southernmost tip of Attica, Riviera Athens is rapidly emerging as a focal point for international real estate investors. With its stunning natural beauty, prime location, and the surge of modern development projects, this area is cementing its reputation as a premier global investment destination. One of ... Read moreGreece Receives Record 9,289 Golden Visa Applications in 2024; Backlog Nears 50,000

In 2024, Cyprus’s economy demonstrated strong recovery and growth, achieving an impressive 3.7% GDP increase despite geopolitical disruptions and internal challenges. Key drivers included steady development in tourism, construction, and retail, supported by active investment flows. Low unemployment rates, maintained at approximately 5%, reflected near-full employment levels. At the same time, inflation was effectively managed, ... Read moreGreece Receives Record 9,289 Golden Visa Applications in 2024; Backlog Nears 50,000

The government of Cyprus has announced significant changes to its startup visa program, making it easier for foreign entrepreneurs to invest and grow their businesses in the country. Key Updates: Longer visa duration: The startup visa now lasts for 3 years instead of 2. The extension period has also increased from 1 year to 2 ... Read moreGreece Receives Record 9,289 Golden Visa Applications in 2024; Backlog Nears 50,000