Chinese Investors Expected to Invest up to 1.0 Billion Euros in Greek Real Estate Assets in 2020

(Photo by Eurokinissi/ Dimitropoulos Sotiris)

ATHENS – Chinese investors are expected to invest up to 1.0 billion euros in Greece this year on real estate assets in the framework of the Golden Visa programme, the Association of Chinese Investors of Greece said during the opening event of its foundation last Saturday.

The Greek government was represented by Nikos Papathanasiou, Development and Investments Deputy Minister. A representation of the Association is expected to meet with the deputy minister this week to discuss problems that arise in the framework of investment processes. According to official figures, Greece offered 6,304 visas to investors-buyers of real estate assets in 2019, of which 4,371 were Chinese citizens, following 4,065 visas in 2018, 2,232 in 2017, 1,273 in 2016, 785 in 2015 and 364 in 2014.