After the financial crisis, Greece has managed to transform itself into an investment destination with promising rewards to potential investors. There has been a considerable increase in investors, who are interested in invest in Greece for the last 10 years. Amongst the most important reasons for that are the following:
– Low cost of living (35% lower than the UK)
– Golden Visa Programme that offers a European residence permit for investments in excess of 250,000€ to non-EU residents and their families.
– Tourism is one of the most important sectors of the Greek economy and a key pillar of economic growth. Tourism GDP contribution to Greece GDP is on the rise for the last decade. Click here for more information.
– Greece is a top holiday destination. (source)
– Competitive prices compared to other Mediterranean destinations.
– Relatively low transaction costs.
– High rental yields for high-quality holiday homes in competitive locations (ask us for more details).
– Healthy Lifestyle with Quality. Mediterranean, outdoorsy, culture, healthy and social.
– English is widely spoken. Foreign newspapers and satellite tv channels are widely available while satellite broadband internet covers 100% of the Greek inhabited territory.
– Well-developed private and public healthcare systems. Ability to obtain a European Health Card (https://www.nhs.uk/using-the-nhs/healthcare-abroad/apply-for-a-free-ehic-european-health-insurance-card/)
– High standard education system offering good foreign private schools and top-performing universities.
– The crime rate in Greece has historically been amongst the lowest in Western Europe and continues to be at 0.7% for 2017, a 12.5% decline from 2006. (source)
– Combine Sailing with holidays This is particularly true in Lefkada with so many options with regards to sailing.