Indian investors snapped up Greek properties at a record pace in July and August to secure permanent residency before the country's Golden Visa Programme underwent significant changes on September 1.

Indian investors have increased their property purchases in Greece during July and August, driven by the country's Golden Visa Program.

Greece has witnessed a notable 37 percent increase in property purchases by Indian investors between July and August, spurred by a rush to secure permanent residency under the country’s Golden Visa Programme before significant regulatory changes took effect on September 1, 2024, according to NDTV.

Indian investors are flocking to Greece’s Golden Visa Programme in a race to secure residency permits before new regulations raise the investment threshold. Between July and August 2024, property purchases by Indian buyers surged by 37%,