Greece has risen to the top as the most sought-after Golden Visa destination, offering EU residency and unparalleled travel freedom to investors and travelers.

If you’ve ever imagined skipping airport queues with ease, Greece might hold the key to making that dream a reality. A new global ranking reveals that Greece and Spain now sit at the top when it comes to travel freedom, with Greece holding a special advantage. Keep reading to discover why Greece stands out.

Europe’s Passport Powerhouses

For years, Japan and Singapore have battled with European nations for the title of the world’s most powerful passport. However, Spain and Greece are now shining bright like sun-seekers in a winter crowd. These rankings go beyond pride; they are shaped by complex global relationships that determine which passport holders can breeze through borders and who is burdened with extra paperwork.

While European passports remain at the forefront, the U.S. has been slipping in the rankings. Meanwhile, Russian and Chinese travelers face more obstacles, as their passports allow access to fewer countries—127 and 96, respectively—due to ongoing political tensions.

The End of Spain’s Golden Visa Opens Doors for Greece

Spain may still hold the title of having the world’s most powerful passport, but the end of its Golden Visa program has left a gap for those looking to invest in the Mediterranean lifestyle. This is where Greece steps in. Known for its stunning islands, rich history, and vibrant culture, Greece not only offers an attractive lifestyle but also a highly coveted passport. Like other Schengen Area nations such as France and Germany, Greek passports allow visa-free access to 176 countries.

Greece’s Golden Visa: A Lucrative Alternative

With Spain’s Golden Visa program coming to a close, Greece has become an even more attractive destination for those seeking residency. For a minimum investment of €250,000 in real estate in less popular areas, individuals can secure a five-year residency for their family. According to Forbes, “The investment threshold has been raised to €800,000 (around $840,000) in high-demand regions like Athens and Santorini, and €400,000 ($420,000) elsewhere.” Despite this increase, the Greek program is still seen as a competitive option compared to other countries. Residency can be obtained in as little as 60 days, there’s no mandatory stay requirement, and after seven years, applicants can apply for citizenship and enjoy the benefits of Greece’s powerful passport.

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