Golden Visa distortions
The decision to raise the threshold for acquiring a Golden Visa, that is Greek citizenship in exchange for a real estate purchase, seems to be paying off.
More measures are needed, however, to discourage opportunists who reap all the benefits without doing very much for the Greek economy.
These are not the kind of investments that will add to the country’s wealth in the long run. Quite the opposite; they produce more distortions than rewards.
