On 17 November, Vice reported that Greece introduced golden visas in 2014, and as of May 2020, the country had issued 7,550 of them – 5,504 to Chinese citizens. It is also said that, in 2019, the it was said that there were over 27,000 Chinese agencies specialised in organising Golden Visa deals, and that 57,000 Chinese citizens have invested more than €37 billion in golden visas over the previous decade. The article highlights a case in which a Chinese woman not only had her apartment grossly overpriced and located in an entirely different part of Athens, but it had also been sold to another Chinese investor after she’d bought it, at a lower price and, when she confronted her agent in Greece, they asked her to produce a list of documents she didn’t have, to prove the apartment belonged to her. She is suing and Vice says that her and another are just the tip of the iceberg – and that Athens might be facing a bigger real estate bubble.
I had omitted the following link (as it did not seem to generate much interest!), but it seemed time to add it again and say that, if you would like to make a (polite) gesture and help me with my removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y