Greece’s golden visa program saw a major dip in August 2025, with applications dropping 43% year-on-year, according to the Greek Migration Ministry. Only 288 new applications were filed compared to 504 last August.
The decline follows a similar trend in July, where applications fell by nearly 24%. Overall, 5,333 applications were submitted between January and August, a slight rise from 2024, mostly driven by a rush early in the year before investment thresholds increased.
Chinese investors continue to lead the race, followed by applicants from Turkey, Lebanon, the UK, Iran, and Israel. The slowdown hints at shifting investor sentiment in Greece’s real estate market.
