Surge in Turkish Interest for Golden Visas, Greece a Top Choice

08:51 26/4/2025 - Πηγή: iEfimerida

Interest in Golden Visa programs among Turkish nationals has jumped by nearly 40%, according to a recent analysis by Astons, as the country experiences increasing political and social unrest.

Wealthy Turks arereportedly seeking to relocate themselves and their investments tomore stable nations.

The increased demandfollows widespread protests in Istanbul

against President RecepTayyip Erdoğan, with demonstrators supporting the city's imprisonedmayor.

In response, manyaffluent Turks are considering investment migration, particularlythrough real estate acquisitions abroad.

Greece has emergedas a preferred destination, attracting roughly €514 million inTurkish investments in 2024 — a tenfold increase over the previousyear. Much of this influx is linked to the Greek Golden Visa program,which grants residency through property investments.

Last year, Turkishcitizens accounted for 15% of all Golden Visa applications in Greece,a trend that appears to be continuing in 2025.

Astons utilizedGoogle Trends data to measure interest in the term “Golden Visa”in Turkey. The findings show a 46% increase in search interestbetween March 2024 and March 2025, with a notable 39% rise in thepast three months alone, correlating with escalating tensions withinTurkey.

Denis Kravchenko,Business Development Director and Head of Astons Cyprus, commentedthat political instability is a key driver behind the rising interestin Golden Visas, noting similar patterns observed elsewhere followingperiods of political uncertainty.

He added thatJanuary 2025 data from the Central Bank of Turkey indicated thatTurks spent €135 million on foreign real estate, largely connectedto migration programs like Golden Visas.

“Greece’sproximity and cultural familiarity make it a natural choice,”Kravchenko noted, emphasizing that the trend is unlikely to slow downas uncertainty in Turkey persists.

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