In Athens and the Greek real estate market
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Greece offers one of the most economically sound solutions and the cheapest in the Mediterranean area. Countries such as Portugal or Spain, where the minimum property value must be €500,000, and Cyprus, where the minimum property value must be €300,000, are considered very expensive compared to Greece where the similar requirement is only €250,000. Moreover, Greece is the only Mediterranean country offering permanent residency from day one. Since early 2019, the Greek residency program became the most popular residency program in the world with an annual increase rate exceeding 100%.
After a prolonged economic downturn, Greece has made progress in implementing structural reforms and fiscal consolidation measures. These efforts, along with financial assistance from international organizations, have helped stabilize the economy and improve investor confidence.
The Schengen Area consists of 26 European countries*, excluding Cyprus. Holders of the Greek residency permit enjoy the same travel privileges as a Greek citizen in the Schengen Area. This means they can travel directly from their country of origin to any Schengen country Travel freely within the Schengen zone without lengthy customs checks.
Reside in any other Schengen country up to a period of three months in every six month period, with the right of multiple entries.
*Schengen Area countries: Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden and Switzerland
Greece is a member of the European Union (EU), which provides certain benefits and rights for EU citizens, including residency and travel privileges within the Schengen Area.
Greece is strategically located at the crossroads of Europe, Asia and Africa, a great plus for a country, as it is possible to reach any of these continents within 1 hour via airplane, while in 3 hours max any part of Europe is within reach. Greece is connected via direct flights to all major cities in the world, like New York, London, Dubai, Moscow, Beijing, Shanghai, Singapore and a lot more.
In a 2000 report by the World Health Organization, the Greek healthcare system was ranked 14th worldwide (out of 191 members), surpassing other richer countries such as Germany (25) and the United Kingdom (18), while ranking 11th at the level of services offered.
Greece, including Athens, is generally considered safe for residents and visitors, with a low crime rate compared to other major cities. Additionally, Athens has a relatively safe public transportation system, including the metro, buses, and trams.
on the Greek Success Story
Kyriakos Mitsotakis fizzes with energy and satisfaction as he reviews his four years in the Greek prime minister’s office with a rapid-fire list of achievements and successes