That’s a good point. But the US is not offering this same path to citizenship to anyone willing to buy a house in rural Alabama. I assumed these visa programs were aimed at attracting wealthy foreigners which is why the US has something similar for anyone willing to invest $800K in a commercial enterprise. That’s why I was curious if $263K is considered relatively wealthy in Greece and could buy a house even in desirable areas. The fact that apparently this is not the case makes the goals of this program unclear.
glomag
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Scientist
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Beer Drinker
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Advocate for distributed / user-supported communities and media
I wish that I was skinnier but I love beverages.
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Cake day: June 10th, 2023
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“Greece’s golden visa program requires a minimum investment of approximately $263,000 (€250,000) in real estate.”
Is that enough to buy an average house? Is the economy still this bad over there?
Rock Auto? Probably have to wait more than 2 days for your order to arrive though.
115·11 months agoIt’s probably bad form to bring this type of comment over from reddit but in this case I can’t help myself.
Username checks out.
If this is true it might help explain the recent divergence between GDP and GDI.