Investments in Greece are being discussed almost daily by politicians, journalists, investors and ordinary people in our country as well as globally. According to surveys, studies, analyzes and expert lectures there are five important reasons-advantages, why a prospective investor should seriously consider trusting his money in an investment, business or project with a Greek flavor. The European Union and NATO provide Greece as a Member State with security and political stability – two important safeguards for all potential investors. Greece has transformed from a growing economy in recent years into an emerging economy that is now on the rise.
The specific reasons and advantages are:
The geostrategic position of the country: Greece has been, over the centuries, since ancient times, a constant target of the great powers as it traverses the most important and major trade routes and includes strategic passes.
The monetary stability of the country: Greece as a member of the European Zone is under the auspices of the independent European Central Bank, which ensures that inflation is maintained at such a level as to achieve stable price and currency stability in the member states.
The European Union and NATO provide Greece as a Member State with security and political stability – two important safeguards for all potential investors.
Greece has transformed from a growing economy in recent years into an emerging economy that is now on the rise. Emerging economies have been an attraction for investors over time.
Greece has an active privatization program (public utilities as well as other public enterprises). Privatization offers opportunities for investors, but it can also have a positive sign for both workers and consumers as growth is promoted, new job positions are created and competition is increasing.
Greece is a country with a rich history, stunning natural beauty, and a unique cultural heritage. Here are some of the key benefits and attractions of Greece:
Historical Significance: Greece is often referred to as the cradle of Western civilization, with a history dating back thousands of years. It’s home to iconic ancient sites such as the Acropolis in Athens, the Temple of Apollo in Delphi, and the Palace of Knossos in Crete.
Beautiful Landscapes: Greece boasts diverse landscapes, from pristine beaches with crystal-clear waters to picturesque islands, rugged mountains, and lush forests. The Greek islands, including Santorini, Mykonos, and Crete, are renowned for their natural beauty.
Mediterranean Climate: Greece enjoys a Mediterranean climate with mild, wet winters and hot, dry summers. This climate makes it an attractive destination for those seeking sunshine and pleasant weather.
Cultural Heritage: Greece has a rich cultural heritage, with contributions to art, philosophy, literature, and science that continue to influence the world today. Greek culture is celebrated through music, dance, festivals, and traditional cuisine.
Delicious Cuisine: Greek cuisine is known for its fresh and flavorful ingredients. It includes dishes like moussaka, souvlaki, tzatziki, and an abundance of seafood. Greek cuisine is often enjoyed with local wines and spirits.
Warm Hospitality: Greek people are known for their warm hospitality and friendliness towards tourists and visitors. It’s common to be greeted with a warm “Kalimera” (good morning) or “Kalispera” (good evening) from locals.
Island Hopping: Greece’s extensive island chain offers opportunities for island hopping, each with its own unique charm. Exploring different islands allows travelers to experience a variety of landscapes and cultures.
Outdoor Activities: Greece offers numerous outdoor activities, including hiking in the mountains, water sports on the coast, and exploring archaeological sites. The country is also a popular destination for sailing and diving.
World-Class Archaeological Sites: In addition to the Acropolis, Greece is home to many other archaeological wonders, such as the ancient city of Olympia, the Sanctuary of Asklepios in Epidaurus, and the ancient theater of Epidaurus.
Access to the Mediterranean: Greece’s strategic location provides access to the Mediterranean Sea, making it a key player in regional trade and commerce.
Cultural Festivals: Greece hosts a variety of cultural festivals and events throughout the year, celebrating music, dance, food, and local traditions.
Modern Amenities: Greece offers modern amenities, including well-developed infrastructure, healthcare facilities, and education institutions. Major cities like Athens and Thessaloniki provide a cosmopolitan lifestyle.
European Union Membership: Greece is a member of the European Union, which provides certain benefits and opportunities for residents and businesses.
Golden Visa Program: Greece offers a Golden Visa program, allowing individuals and families to obtain residency through real estate investments, which can be an attractive option for international investors.
Quality of Life: Greece offers a high quality of life with a slower pace, a focus on family values, and a strong sense of community.
Low-Cost Permanent Residence Scheme: Greece offers a relatively low-cost pathway to permanent residence through its Golden Visa program, making it an attractive option for individuals and families seeking European residency.
No VAT for New Properties: New properties in Greece are not subject to Value Added Tax (VAT), which can result in cost savings for property buyers.
Schengen Visa Access: Greece’s membership in the Schengen Area allows residents to travel to and within 26 European countries without the need for separate visas, making it easier to explore Europe.
Mediterranean Climate and Hospitality: Greece’s Mediterranean climate ensures plenty of sunshine and mild winters, while the warm hospitality of the Greek people creates a welcoming and friendly atmosphere for visitors and residents alike.
Greek Gastronomy: Greek cuisine is celebrated worldwide for its fresh, wholesome ingredients and delicious flavors. It offers a culinary journey of traditional dishes, fresh seafood, olive oil, and regional specialties.
Safety: Greece is known for being a safe country with low crime rates, providing peace of mind for residents and travelers.
Stunning Natural Environment: Greece’s breathtaking natural environment includes pristine beaches, dramatic coastlines, lush forests, and majestic mountains. The country’s diverse landscapes make it a paradise for nature enthusiasts.
Hot Destination for Tourists: Greece is a popular tourist destination, attracting millions of visitors each year. This not only contributes to the country’s economy but also provides ample opportunities for tourism-related businesses.
Excellent Health System: Greece boasts a well-developed healthcare system that meets European standards. Residents have access to high-quality medical services and facilities, making it an ideal choice for those prioritizing healthcare.
These additional benefits further enhance Greece’s appeal as a destination for residency, investment, and tourism, offering a wide range of advantages for those looking to make Greece their home or explore its natural and cultural wonders
The Greece Golden Visa program indeed offers a range of benefits for individuals and families looking to secure residency in Greece and the broader European Union. Here’s a summary of the key points you’ve provided:
Benefits of the Greece Golden Visa Program:
Fast-Track Residency: The program offers a quick processing time of 2-3 months to obtain European residency.
Visa-Free Travel: Visa holders have the privilege of visa-free travel to 29 Schengen countries without requiring additional documentation or visas.
Extended Stay: Golden Visa holders can stay in Schengen states for up to 3 months every 6 months with multiple entries.
Investment Opportunities: Investors have the option to purchase property in Greece or invest in government bonds or capital shares to meet the investment threshold.
Family Inclusion: The program allows the inclusion of the investor’s spouse and children up to 21 years old.
Permanent Residency: Successful applicants receive a permanent residency permit, renewable indefinitely, as long as the investment is maintained.
EU Mobility: Residency in Greece allows unrestricted mobility within the EU, providing access to 27 member states.
Property Rental: Investors can generate income by renting the purchased property or earning interest on the investment.
Possession of a valid passport.
Purchase of an immovable property in Greece valued at a minimum of €250,000.
Opening a bank account in Greece.
Age over 18.
No criminal record.
Sufficient financial resources for the investment.
Non-EU/EEA citizenship.
Medical insurance for the applicant and family.
Living in Greece:
Comfortable Mediterranean climate.
Diverse natural beauty with sea, hills, and mountains.
Respectful and hospitable culture.
Widespread use of the English language.
High safety standards and low crime rates.
Moderate cost of living with a high standard of living.
Strategic location connecting Europe, Asia, and Africa.
Advanced education system with English-language schools.
Access to high-quality healthcare within EU standards.
Abundance of social activities, entertainment, and shopping centers.
Investment Opportunities in Greece:
Strategic location in the Middle East.
Full membership in the European Union and Schengen zone.
English language usage in business.
High safety and political stability.
Advanced communication and transportation infrastructure.
Well-organized banking system.
Clear prospects for future development.
The Greece Golden Visa program provides an attractive pathway for individuals and families seeking residency in Europe while also offering investment opportunities in a country known for its rich history, natural beauty, and strategic advantages. It’s important for potential investors to thoroughly understand the program’s requirements and consult with legal and financial experts before proceeding
Original documents in English ( no stamping needed )
Notarized Passport Copy.
Curriculum Vitae (including academic qualifications).
Utility Bill (e.g. electricity, water, etc.) to prove residence ( original country ).
Two (2) photographs for each member in the family.
Documents to prove income from other sources other than employment in Greece. (shares, companies, industry, rentals, etc.)
Documents stamped from Greece Embassy (English translation)
Marriage Certificates.
Birth Certificates.
Health Insurance Certificate for each member of the family.
Original documents to prove the purchase of property in Greece.
Statement of money transfer and deposit account in a Greece bank.