Permanent residency status means that your family has the right to live freely in Greece or continue to live in your home country and use the permit whenever you need it.
Greece is a superb base for travelling throughout Europe with its excellent flight connections to Europe and the rest of the world. Additionally, it offers a high quality of life, including modern medical facilities, shopping, natural beauty, sports, cultural events, a warm climate, and many private schools and universities with English as a teaching language.
As a PR holder, you are able to enjoy the same health and education rights as Greek nationals.
Investors need to purchase real estate property for a minimum of €250,000.
The investment of €250,000 (net of vat) can be made in land, off-plan, new or resale properties as long as the investor reaches the minimum value required.
If the owner has acquired the property through a legal entity, the applicant must own 100% of the company shares.
Permanent residents have the right to apply for Greek citizenship after living in Greece for 7 years, in accordance with legal provisions.
Their children may apply if: they attend any Greek school for 9 years, or they attend a Greek secondary school for 6 years, or they attend a Greek University.
An EU citizen is free to live, work, travel, receive healthcare or pursue education anywhere within the EU.
Greece is the all time Classic Country
A visit to Greece is the dream holiday of a lifetime. When thinking of holidays, people picture the long crystal beaches and the relaxing beach taverns. But be careful because Greece is addictive: if you have experienced Greek holidays once, no other place on earth will be sufficient for you.
Walking on sunshine Greece is famous for its perfect climatic conditions. Not tropical and not arctic, this is a fantastic destination for every season. Did you know that most places in Greece get sunshine 300 days per year?
Breathtaking landscape. You will love the virgin landscape, the exotic color of the sea, the bright light of the sun. Each place in Greece has a different authentic style, both in the islands and in the mainland. It will take you years to explore all the Greek islands, but only a glance to love them. Have a look at our beautiful photos of Greece.
Safety Greece remains among the safest countries in the world. The criminality rate is very low, especially on the islands. Feel no fear to walk late at night and have chats with the locals. In fact, this will be among the best pleasures during your Greek holidays. Only in Athens should you have an eye open, as pick-pocketing is usually reported in large queues, for example in buses or when boarding the ferry. But this is not the case in the islands, where you can lay back and enjoy a carefree atmosphere.
High level of hospitality. Since ever, warm hospitality is one of the main reasons to come to Greece. Feel free to mingle with the locals, have long chats with them or stop them at the street to ask for directions. They love it! Apart from the locals, you will also enjoy a high quality of services in the hotels and resorts.
A country with a strong past. Even in the smallest piece of land in Greece, you will find a connection to the past. All around the country and the islands, there are ancient sites of various historical periods.
Why to Invest in Athens Real Estate?
Greece is a country that numbers a Rising Demand from foreign investors and the capital, Athens, to likely become the next Greek city to witness a tremendous period of growth in Real Estate.
Economic recovery Athens is the economic center of Greece, generating 19.9% of the country’s GDP – more than any other EU capital. It is logical to presume that the recovery of the Greek economy would have a direct impact on the capital. According to the International Monetary Fund (IMF) and all Trading Economics forecasts, Greece’s GDP will continue growing in very stable measures. Unemployment in Greece is expected to declined to 18.8% by the year 2020.
An increase in the number of tourists Athens is the country’s tourist capital, thanks to its well-preserved cultural heritage and comfortable climate. According to the Greek Tourism Confederation (SETE), the number of international tourists visiting Athens almost doubled the last years growing to almost 5 million. According to MasterCard, Athens is among the top 20 European cities in terms of number of international tourists spending a minimum of one night at their destinations. Prices are relatively low according to Global hospitality industry tracker STR and hotel rates in Athens are lower than tourist hubs like Paris, Rome, Barcelona, Amsterdam, London, and Dublin.
Low prices with a potential for growth Property in Athens is cheaper than in many other European capitals: about thrice cheaper than Lisbon, Madrid, and Berlin, five times cheaper than Vienna, and almost eight times cheaper than Paris.
Athens has endless options to offer for holidaying, not only in the summer but all year round. The sun, the beaches, the warm climate, the great food , cultural arts and hospitality are only a few reasons that make Athens a perfect destination for everyone to own a holiday get-away.
Retirement Home – Lifestyle Greece holds a high place on foreigner’s list as a retirement destination and there’s a reason for that. In fact, according to The Telegraph, Greece ranks 10th among the best place to retire in the world. Greece can be ideal for foreigners as the cost of living, the safe environment and the affordable private healthcare in Greece makes it an enticing place for retirees.
Strategically Placed As far as Geopolitics is concerned, Greece is a strategic element in the Eurozone. Greece’s strategic location in the Mediterranean is a bonus for foreign investors. Their dominant strategic place amongst, The Balkans, Turkey and Middle East makes it very tempting for investing.
Greece is the epicenter of the Mediterranean climate. With longer summer days than winter days and winters being consistently mild, Greece is a great place to live. Apart from the wonderful warm waters, the thousand hospitable islands to visit in both Aegean and Ionian seas, Greece’s location in Europe makes it a smart place to be based. With flights to the furthest place in Europe only being a maximum of 3 hours away.