ATHENS, Greece — Greece has announced new measures to protect locals from a deluge of mainly Chinese nationals purchasing homes and property in exchange for residency rights in the West — what is commonly known as a “Golden Visa” scheme.
For many of China’s newly well-off citizens, the incentive to emigrate has been rising, feeding what is being dubbed worldwide as “investment migration” businesses.
In recent years, there has been a massive rush of Chinese nationals to Greece, and that has created a serious housing crisis. Читать дальше...