Entering the real estate sector, which is the first investment opportunity, can be a great idea when it comes to Greece. This is because according to regulations, individuals who invest more than 250,000 Euros in Greece are granted residence permits under the Golden Visa program. Therefore, if you purchase a property in Greece for more than 250,000 Euros, you will not only have a residence permit in a country within the EU but also, even if you do not reside there, you will have the freedom to benefit from other advantages solely for investment purposes. Additionally, there are many advantages to investing in Greece. These include:
1) Direct travel to any Schengen country from their own country.
2) Many European countries have recently started offering new access to Europe for non-EU citizens under the name of Golden Visas. In this regard, Greece offers the most economically reasonable solutions and is one of the cheapest countries in the Mediterranean region.
3) Greece serves as a bridge between Europe, Asia, and Africa thanks to its strategic location.
4) Greece offers an extraordinary summer season from early May to late September, allowing you to enjoy the sea and nature almost all the time.
Who Can Invest in Greece?
Anyone interested in investing in Greece, including foreign investors, can invest. Greece offers various incentives and advantages to encourage foreign investors. However, individuals wishing to invest must meet certain legal and regulatory requirements.
Tax System
Foreigners living in Greece can benefit from tax advantages. Since 2021, tax advantages have been offered to foreigners residing in Greece, especially retirees and digital nomads. Various incentive programs are available for them. This increases the likelihood of international income not being taxed in Greece, allowing commercial activities to be conducted outside Greece and benefit from tax advantages.
Investment Requirements
Greece offers an attractive opportunity with the Greece Golden Visa Program initiated in 2013. This program provides a five-year residence permit for a low real estate investment, such as only 250,000 Euros. Along with this residence permit, you can include your family in the program. The Greece Golden Visa not only provides the right to live in the country but also allows visa-free travel in the Schengen area. Through this program, you can explore the beauties of Greece and easily travel to different parts of Europe. This advantageous opportunity can prevent the taxation of your international income in Greece and expand the scope of your commercial activities, thus increasing your lifestyle and your business potential.
What are the language(s) spoken in the country?
The official language in Greece is Greek. However, Arvanitika, Macedonian, Turkish, Romani, Bulgarian and other minority languages are also spoken in the country.The most widely used foreign language in the country is English.
What is the Main Currency? Which countries’ currencies are used? What is the value of TL according to the Main Currency?
The current official currency of Greece is the Euro. 1 euro = 51,84 Turkish Lira
What is the climate like?
Greece is a country with a Mediterranean climate. Summers are hot and dry and winters are mild and rainy. Generally, the temperature in summer is 30-40 degreeswhile mild weather prevails in the winter months. Snowfall can be seen in mountainous regions.
Which direction is traffic used? Can I get general information about traffic?
In Greece, traffic flows on the right side, meaning that vehicles travel in the right lane. Therefore, one of the most important points to be considered while driving is to drive on the right side. Traffic rules in Greece are generally similar to those in European Union countries. There are certain rules on issues such as speed limits, driving under the influence of alcohol, and the use of seat belts. In addition, people who will rent a car in Greece are required to have their international driver’s license with them.
What is the economic situation of the country?
Greece’s economic situation has been quite challenging in recent years. The country faced a serious debt crisis after the 2008 global economic crisis. Greece,The country received aid from the European Union and the International Monetary Fund (IMF) due to its inability to pay its debts and economic difficulties.
Which nationalities predominantly live in the country?
Greece is predominantly inhabited by Greeks. There are also Albanians, Macedonians, Macedonians, Turks, Roma and other minority groups.The foreign population living in Greece is also quite large, especially immigrants from Balkan countries and the Middle East.
What is the annual inflation rate in the country?
Greece’s annual inflation rates are generally above the Euro Area average. In recent years, inflation rates have fluctuated due to uncertainties and crises in the country’s economy.has been following a course. Inflation rates were particularly high during the debt crisis of the 2010s.
In which sectors does the country mainly earn money?
Greece has a service-oriented economy and earns a lot of money from areas such as shipping, tourism and banking.
What are the 3 most popular cities?
Atina, Selanik ve Rodos.
Which countries invest the most in the country?
The countries that invest the most in Greece are generally European Union countries and countries with developed economies such as the USA. Especially countries such as Germany, France, the UK, the Netherlands and the USAIt is making significant investments in Greece.
For those considering real estate investment by purchasing houses, apartments, residences, or villas in Greece, or for those seeking short-term rental opportunities, discover the exclusive options at Property Expo Istanbul. Our expert team is dedicated to helping you find the right real estate investment tailored to your needs. You can fill out the form below for a callback, or contact us directly via phone or WhatsApp to receive detailed information.
Sarıyer, İstanbul, Türkiye
Sarıyer, İstanbul, Türkiye
