The Greek golden visa program contributed nearly €1 billion to the country's economy in the first five months of this year, before the new increase began.
The total value of properties sold during that period reached €975 million, three times higher than the €361 million in the previous year.The Greek decision didn’t make the European Union happy as it has been intensifying the pressure on member countries to scrap all
The E.U.’s effort to crack down on this combined multi-billion euro industry has gained favor especially before the security risk represented by the war in Ukraine.has also called for the end of golden visa programs that “have turned European Union citizenship and residency rights into a luxury good: with enough money, anyone can buy in. This is a particularly attractive prospect for criminals and the corrupt – and numerous scandals have proven they are taking advantage. These E.U.
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