Greece is often referred to as the seat of Western civilization. These ancient islands have been blessed with the Aegean, the Ionian and the Mediterranean seas and boasts of beautiful sun-drenched landscapes. Enjoy the best of the country with your Golden Visa Greece.

The ten best places to visit in Greece to experience the Greek lifestyle are the following:

  1. ATHENS

Athens is the capital of Greece and in the 5th century BC, the center of an ancient and powerful empire. It is a mix of the modern and historical.

A modern subway system, wide freeways, spotless streets and well-manicured parks exist along with the Acropolis on which stands the Parthenon, the magnificent temple to Athena, and the Temple of Erechtheum among many others. Here too stands the New Acropolis Museum, an archeological museum dedicated to the findings on the Acropolis.

In and around Athens can be found the hills of ancient Agora where the Temple of Hephaestus can be found, Olympia where the Temple of Zeus still proudly stands, the historical neighborhood of Plaka and the National Archeological Museum, one of the most important museums in the world dedicated to ancient Greek art.

  1. CRETE

The Palace of Knossos is the most fascinating historical site in Crete. Knossos was the Bronze Age capital of the Minoans, an ancient and sophisticated civilization that ruled vast parts of the Aegean.  The palace holds an extraordinary wealth of frescoes, sculptures, jewelry and structures that attest to this.

The Cretan cuisine is the healthiest in the world.  It’s rural tavernas produce their own meat, cheese, olive oil, herbs, raki and wine, and they catch their own seafood.  Recipes are often passed down through many generations.

  1. DELPHI

Delphi is a small Greek town and a sacred site that overlooks a vast grove of olives that lead down to the Gulf of Corinth. It is where the Sanctuary of Apollo, home to the ancient world’s most renowned oracle is located.

  1. RHODES

Rhodes Old Town is Greece’s medieval town that is surrounded by a double ring of high walls and deep moat. It’s history and culture have been shaped by the Classical, Ottoman and Italian occupation.

It is a living museum that has cobbled alleyways, soaring archways and lively squares that give this town its medieval feel. The ancient Knight’s Quarters, Jewish Quarter, the Turkish Quarter are worth visiting.

  1. PATMOS

It is in a cave in Patmos where St. John, the beloved apostle of Christ, received the apocalyptic visions that are recorded in the Book of Revelations in the Bible.

It is also one of the best places to experience the Easter celebrations of the Greek Orthodox Church. The island comes to life with fireworks, dancing in the streets, goats roasted in outdoor pits, and plenty of ouzo. The celebrations begin on the evening of Good Friday with a candle-lit procession of flower-filled biers through the streets and ends on Holy Saturday night where shouts of Hristos Anesti (Christ is Risen) are heard throughout the town and eggs dyed a bright red are cracked.

  1. CYCLADES

The Cyclades are a group of Greek islands peppered with dazzling white villages and blue-domed churches, interesting archeological sites and lovely beaches.

The islands of Mykonos, Ios, Delos, Andros, Amorgos, Santorini, Donousa, and Anafi from myth and Hollywood are just a ferry hop away from each other.

  1. METEORA

Meteora is famous for its massive pillars of rock that rise heavenwards and topped by ancient Byzantine monasteries.

Built in the 14th century by monks fleeing persecution, they were accessible only by rope ladders. Today, can be reached by steps carved into the rock. Six of the twenty four monasteries remain open to resident monks and visitors in this World Heritage site.

  1. THESSALONIKI

Thessaloniki is a Greek port city that is filled with the ruins from Roman, Byzantine and Ottoman structures.

It is a university town with a vibrant cultural and art scene, and a lively nightlife.

  1. HYDRA

Hydra can only be reached by sea and has no airport and no cars.

This charming stone village of white-gold houses is tucked into a natural cove that hugs the mountainside. All sorts of boats fill Hydra’s quays and quaint cafes and taverns fill the harbor.

  1. CORFU

Since the 8th century, this island the ancient Greeks called Kerkyra has been prized for its untamed beauty and strategic location and has been fought over by ancient armies.

It was known for its learning and artistry thanks to the influence of the Venetians, French and British who ruled the island before it was united with the rest of Greece in 1864.

The Greek Golden Visa

The Greek experience and lifestyle can be yours through the Golden Visa Greece.  For a minimum investment of €250,000, through a real estate purchase for private ownership or rental, one can avail of a five-year residency after which one can apply for the citizenship program.

The Golden Visa Greece allows the holder the following benefits:

  • The right to live in Greece
  • The entire family is eligible
  • Visa-free travel to Schengen zone
  • Good quality of life
  • High standards of education
  • Free and equal access to the Greek Healthcare System

The Golden Visa Greece is approved within 60 days and does not require the applicant to live in Greece. Apply for your Greek Golden Visa right away.

 

The number of foreign entrepreneurs that are eyeing on acquiring an investment property for sale in Greece to turn into their second home or for rental business with positive interest is increasing. Regardless of the pandemic, Greece is on the way to reaching the real estate prices before the economic crisis of 2007 that affected many European countries. The spectacular landscapes in the island of Santorini, and the many historical locations and arts from Ancient Greek makes international entrepreneurs look for investment properties for sale in the beautiful country.

The perfect Mediterranean weather and the breathtaking views attract non-residents of the country to invest in one of the islands of Greece, and with a Golden Visa, the investors along with their family members are eligible for a five-year residency permit with a real estate investment of 250,000 euros. The family could choose to turn the summer-stay into a permanent address with this visa, and after 7 years of residency, the investor and his family can apply for the Greek citizenship.

Become an owner of a property

The prices in real estate in Greece are a great investment idea for acquiring a property in a beautiful island of Greece can give you the chance to make passive income, and as time passes, the prices will increase. To become an owner of a property in one of the 227 islands that are inhabited in Greece, you must be accompanied by real estate experts and lawyers. Our team in Orience International will help you choose the best path and assist you before signing any sales agreement to ensure your financial safety.

A non-resident tax registration number, or AFM, and the access codes to the “TAXIS” system is needed by investors that seek to acquire a property in Greece. Also, a bank account in the country will be advisable to facilitate the transaction and tax procedures related to the ownership of your real estate acquisition. Our team will accompany you in every step, assuring you a comfortable and easy process so you can just focus on the great lifestyle that awaits you in Greece.

Best places to buy an investment property for sale

For investors that are planning to buy an investment property for sale to make a rental business, the best places to choose are in the largest island, Crete, Cyclades, Rhodes and Porto Heli – these are the areas in Greece that have year-long visits, specially during the summer where islands like Santorini are the chosen destination of many newlyweds, where over two million of tourists visit annually.

In order to find an investment property for sale in Greece, foreign investors are welcome to seek the help of our team in Orience International. We will locate the property that best fits your needs at an affordable price.

What is the Golden Visa

If you are looking for a program that comes with great benefits, the Golden Visa will be the best option for you. In just 60 days and for as low as 250,000 euros, you can obtain a residency permit that will allow you and your family to live, work and study in the country. Moreover, you can travel to other Schengen countries without the need of an additional visa, which is advantageous for entrepreneurs that are constantly on business trips, or families that enjoy visiting the beautiful neighbouring countries.

The Golden Visa Greece offer different investment options:

  • Real estate of €250,000 – this purchased property must be held for the duration of residence and for a minimum period of 5 years
  • Real estate lease of €250,000 – or also a timeshare, which has to be held for the duration of residence and for a minimum of 5 years

 

Greece has been labeled as the new hot investment destination because of its lower cost compared to other countries, and its stable growth in real estate value. Likewise, the Golden Visa Greece has been ranked as the most favourable location for international investors in the recent survey by the international experts on real estate in the immigration firm Astons.

The applicants for this visa can obtain the EU residence in the fastest and lowest cost entry to Europe, in just 60 days and for as low as €250,000. With the Golden Visa Greece, foreign entrepreneurs might find a new location for their business, as well as a desirable place to live in — beautiful landscapes, the perfect Mediterranean weather and an incredibly good value in the real estate market.

Why choose Greece as your new country of residence?

Greece is known for its spectacular views in islands such as Santorini, for the famous historical locations and arts from Ancient Greek, like The Old Town of Corfu, a UNESCO Heritage, and  for the amazing beaches, such as the Elafonisi Beach famous for its pastel pink sand.

Greece is the destination of choice for millions of tourists every year, which can be a business opportunity for investors that purchase properties for profit. The country, which offers a great quality of life, is also the chosen destination for foreign retirees that opt to live on a paradise island during their retirement days.

The Golden Visa Greece has become the preferred option for non-European entrepreneurs, for instead of buying a property in the country, whereas in the last year, the prices on real estate in Greece has increased about 2.7%, from €127,596 to €131,040 for an average property, foreign investors choose the Golden Visa Greece. In this way, they can buy a property in one of the beautiful Greek islands, and obtain a residency permit that will allow the investors and their family to legally stay in the country.

Benefits of the Golden Visa Greece

Visa-holders will be eligible to live, work and study in Greece, with access to free healthcare and the prestigious educational system of the country. Furthermore, with the Golden Visa Greece you can travel to the 26 Schengen countries without the need of an additional visa, and after living in Greece and paying the taxes for at least 7 years, you can apply for the Greek citizenship.

The different investment options available under the Golden Visa Greece are:

  • Real estate of €250,000 – this purchased property must be held for the duration of residence and for a minimum period of 5 years
  • Real estate lease of €250,000 – or also a timeshare, which has to be held for the duration of residence and for a minimum of 5 years

With the Golden Visa Greece, foreigners will have the chance to live in one of the exceptional islands, or choose to make profit from your real estate purchase. Crete, the biggest Greek island that is filled with beautiful beaches and historical palaces and churches, will give investors a great business opportunity for the island has thousands of tourist visits that look for apartments for short-term stays (mainly from Airbnb). Another great real estate investment would be in the island of Santorini, which is the chosen destination of many for their honeymoon. The island welcomes an average of two million tourists annually, and is still lively during winter – it is the most visited island in Greece, perfect to live in and for business.

Once you have decided on the place you want to purchase real estate, our experts in Orience International will help you choose the best investment route. Afterwards, you will be submitting all the legal documents as well as the residence application. After your residence application has been examined and approved, you will be issued with the residence permit.

 

It’s not just a job; it’s a lifestyle, a way of maintaining a harmonious balance between work and travel. The pandemic has accelerated the implementation of teleworking and the decentralization of large and small companies, so when it becomes possible to travel freely again, more people will decide to become digital nomads. All you need is a laptop and a good Internet connection to work from anywhere in the world. Most digital nomads move several times a year to get around visa restrictions or avoid scorching summers and freezing winters, but there is always a starting point. Beyond sticking a pin in a desired location on the world map, there are other ways to choose a first destination, and Greece can be this destination thanks to the Golden Visa Greece.

Why choose Greece as your workplace

There are very special places for digital nomads all over the globe, from cutting-edge tech cities to medieval villages to beach resorts. However, they must all have some characteristics in common. The first, and essential, is a good Internet connection.

It is also very important that there are suitable places for the development of the activity, such as shared workspaces, cafes with free wifi or places that offer the possibility of organizing events and social gatherings through the networks.

Thirdly, it is essential that the destination offers visa facilities: some countries allow you to apply for residence visas in exchange for investment. One of the most popular is the Golden Visa Greece, since the Hellenic country meets all the above-mentioned characteristics.

What is the Golden Visa Greece

The current Golden Visa Greece is a residence visa for investment, which is granted to non-EU citizens who wish to make a significant contribution to the Greek economy.

Greece offers several investment options, but the most common is through the purchase of real estate worth at least 250 thousand euros.

Greece is an easy country to travel to and from, and as a member state of the Schengen Treaty, it allows short-term visa-free travel for residents of many countries. Moreover, digital nomads holding a Golden Visa Greece, in addition to being able to live freely in Greece indefinitely, will be able to travel to other Schengen countries for periods of up to 90 days without needing to apply for any extra visa.

Greece is a place of fascinating natural and architectural beauty, and many freelancers travel to the country for a great selection of scenic locations from which to work. Greece offers stable Internet connectivity, especially in major cities, as well as coworking spaces and free Wi-Fi in cafes. Greece is a year-round holiday destination. Famous for its crystal-clear waters, pebble beaches and one of the healthiest cuisines in the world, the country offers a unique atmosphere that many nomads are keen to explore.

The special Golden Visa Greece for nomads

The Greek government plans to introduce a special visa for digital nomads. The plan, which will be realized soon, follows a common agreement reached between Greece’s migration and foreign ministers to help remote workers through this innovative new trend. The government’s aim is to create an organized and attractive environment for people who choose this advanced way of working.

In addition, the digital nomad visa could be combined with tax incentives, which would attract permanent investments. Currently, 5G networks are already operational in major Greek cities (and will also reach some Greek islands) and tax incentives are targeted at those moving to Greece.

Greece is a very safe country that enjoys a low cost of living index. The country has long been a vacation destination for Europeans who flock to Greece for its year-round sunny and warm climate. It is a democratic and developed country with an advanced economy and a high quality of life. Working in Greece is like having an office in a museum. The country is full of historical sites such as the Acropolis, the Parthenon, the Temple of Olympian Zeus and many others. A relaxing beach time is guaranteed on the islands, and Elafonisi in the southwest of Crete is one of the best windsurfing spots in Europe.

 

The Mediterranean country of Greece is famous for its ideal climate and marvelous landscapes, which is the reason why Greece is the chosen destination for millions of tourists every year. During this pandemic, strategic investors are seeing the undervalued real estate in the potential islands of Greece as a business opportunity, for the beauty and the promising profit of purchasing a property in one of the best islands of Greece. There are 6,000 islands, of which 227 are inhabited, that form the European country of Greece, whereas with the Golden Visa Greece, foreign entrepreneurs might find a new location for their business and a desirable place to live in.

Best moment for retirees to invest in Greece

The country is also the chosen destination for foreign retirees that want to live their retirement days seeking for beautiful landscapes, rich culture and lots of island-hopping spots.

The best islands to live with your Golden Visa Greece

  • One of the islands a holder of the Golden Visa Greece would probably choose to live in is in the largest of them all, Crete. The Greek island of 1,600 square meters is perfect for those who want to experience traditional Greek food: exquisite cuisine with homeland cheese, honey and olive oil, as well as delicious goat, rabbit and smoked-pork dishes.

Crete offers a distinguished landscape, such as the Samaria Gorge, a national park with an area of 16 km where you can hike and take amazing pictures; beautiful and unique beaches, like the Elafonisi Beach famous for its pastel pink sands; and visits to some of the most historical places in the country, like the glorious palace of Knossos, the ancient Minoan ruins that have been referred to as Europe’s oldest city.

The island is also perfect for entrepreneurs that decide to buy a property to lease to tourists for short term stays during peak season. Nevertheless, Corfu is home to 630,000 people, which promotes great business opportunities to those who choose to live on the island, regardless of the lack of tourists due to the pandemic.

  • Corfu is another place where your island lifestyle dream can come to life. Located in the Ionian Sea near Italy, Corfu has been influenced by Venetian, British and French colonies through the years, which have contributed to the wonderful essence of the island.

In Corfu, you will experience the sensation of being in the very Italian Tuscany with the traditional villages and large olive fields, blended with historical and cultural places, such as the Old Town of Corfu, a UNESCO World Heritage, and the sandy and gorgeous blue water of the beaches in the island; perfect for foreign residents that want to have the best of Greece, all in one place.

  • Moreover, for those who are searching for the best place to buy real estate for business purposes, or want to simply live in a dreamy town, the island of Santorini must be the ideal location. Chosen by many as their honeymoon venue, Santorini is undoubtedly one of the most beautiful and breath-taking islands in the world. With over two million tourists annually, and still lively during winter with plenty of tourists that want to avoid the wave of visitors during summer, Santorini is Greece’s most visited island; perfect to live in and for business.

The Golden Visa Greece will give you the chance to live in one of these exceptional islands, while still having the opportunity to make profit from your real estate purchase.

There are other islands to choose from, such as the traditional and quiet Naxos, the choice for the unaccompanied, or the affordable lifestyle that Lefkada offers, a haven for retirees.

Regardless of where you choose to live, the philoxenia (word that translates to “friend to the stranger”) Greek culture, guarantees that all new residents of Greece will be welcomed to their new home.

 

Brexit has convinced many UK residents to plan and move to a European country that offers a residency permit and later, citizenship. One of the best options for British citizens is to obtain EU citizenship by investing in Greece, Cyprus, Ireland, or Spain, for their quick processes and without the need to reside in the country prior; in a period of two months, British nationals can become EU citizens by residency permit. Among all the options available, the most affordable choice is investing €250,000 toward Greek Golden Visa or residency, followed by €300,000 in Cyprus and €350,000 in Portugal. If the UK residents are planning to switch to an EU citizenship the quickest way, Maltese citizenship can be acquired in just one year, after investing a minimum of €800,000.

For UK citizens to obtain the Greece Golden Visa, they will have to first apply for residence status and obtain the new biometric residence card before the June 30, 2021 deadline. The card is similar to the residence cards that are issued to other non-EU nationals living in the EU and will grant the holder the rights defined in the Withdrawal Agreement, wherein the cardholder and family members will be exempted from ETIAS and visa requirements when moving to Greece. Once you have obtained your new residence card, you will have to request documents in the Aliens Department located in the area you will be going to reside. Afterward, you will be eligible to apply for the Greece Golden Visa.

This Greek residency permit allows you to grow a business by investing in real estate while having the opportunity to benefit from the various advantages from living in Greece. The applicant and family members will have access to free healthcare and the prestigious educational system of the country, as well as having the opportunity to travel to different countries in the Schengen Area. Furthermore, the holders of the Greece Golden Visa will be able to choose from undervalued real estate among several potential neighborhoods of the country as a business opportunity. Many investors choose the Mediterranean country as their choice for short-term rent (Airbnb). Some of the best neighborhoods to buy real estate in the country for a reasonable price are in Kerameikos, Psirri, Exarcheia, and Kypseli, for their easy access to public transportation and its proximity to the famous Acropolis.

The unique architecture within its 2,000 islands, where famous historical locations, art, and gorgeous metropolises attract tourists from around the globe, is the reason it is strategic for international entrepreneurs to live and invest in the country. In fact, Greece has been labeled the new hot investment destination for its price drop, offering plenty of top quality real estate in the market at an affordable price. The investment options for the Greece Golden Visa are:

  • Purchasing real estate of €250,000 to be held for the duration of residence and for a minimum period of 5 years.
  • Lease real estate or a timeshare of €250,000 to be held for the duration of residence and for a minimum of 5 years.

After choosing the location of your new acquisition, Orience International professionals will help you choose the best investment route based on your preferences. Later on, the applicant will proceed to submit all the legal documents as well as the residence application. After your residence application has been examined and approved, you will be issued with a residence permit. This visa is the most affordable and fastest in Europe – in just 60 days you can obtain your EU residence. In the case of Greece, it is required to reside for 5 years in the country before you can apply for citizenship.

Are you interested in the Greek Golden Visa. Contact us, our team is going to help you.

The exit of the United Kingdom from the EU politically and economically, has left British citizens residing in a European country wondering how it will affect them. According to the official website of the European Union, UK nationals, along with their family members, will have to apply for a new residence status. The new biometric residence card, which is similar to the residence cards that are issued to other non-EU nationals living in the EU, grants one access to the rights defined in the Withdrawal Agreement, wherein the cardholder and family members will be exempt from ETIAS and visa requirements when moving to the European country of choice. Here are the rules to be met by non-EU residents that opt to apply for the new residence card:

  • Reporting presence
  • Registering your residence abroad
  • Registering your EU family
  • Registering your non-EU family

In order to obtain the new card, you will have to ensure that you meet all the stated requirements, so you can keep using your current residence card until you get your new biometric residence card. Although it is not obligatory to get the new card, it is recommended.

Once you have updated your residency status and ensured that you have gathered all the required documents, you will continue to be allowed to live in the country you have been living in. Nevertheless, all the benefits you are entitled to while residing in the EU country have to be covered by the Withdrawal Agreement in order to be lawful. For expats that are planning to return to the UK, the right to live, work, and access benefits and services, such as healthcare in the UK or the right to vote, has not changed.

There are different options for British nationals to choose where to live in Europe after Brexit. For all the options, however, you will need to register as a resident in the country, register for healthcare, and exchange your UK driver’s license for one from the country. 

Living in Europe: best options

One of the best options is Greece, with its ideal climate and marvelous landscapes, wherein great business opportunities can be available within the 2,000 islands that the country has to offer. All UK nationals resident in Greece should get the new biometric residence document before the June 30, 2021 deadline, in order to retain the rights under the Withdrawal Agreement. The eligibility for residency depends on how long one has stayed in the country: for those residing for 5 or more years, they will be eligible for permanent residency and a 10-year renewable residency document; for those with less than 5 years residing, they will be eligible for a document with 5 years validity.

The request for documents depends on the location, where you will be instructed to visit the Aliens Department of your area. For example, those living in Attica and Thessaloniki will be visiting the nearest Hellenic Police station that has an Aliens Department.

Another place where British nationals can live in Europe after Brexit is Spain and Portugal. The biometric residence is needed to ensure your rights under the Withdrawal Agreement, regardless of how long one has lived in the country or is just planning to do so. If you have been registered as a resident before July 6, 2020, you will have a certificate that ensures your rights regardless if you choose to get the new biometric residence or not.

Different fees are also required to be paid in order to successfully acquire the biometric residence card and start living the European dream after leaving the UK. Furthermore, UK nationals that are seeking additional help to secure their rights under the Withdrawal Agreement can approach the UK nations Support Fund.

If you want more information about the European residence, we can help you.

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In just 60 days and for as low as €250,000, the fastest and lowest cost entry to Europe, international investors have the opportunity to obtain EU residence through the Golden Visa Greece. The country is known for its spectacular views and Mediterranean lifestyle, where famous historical locations, art, and gorgeous metropolis attract tourists from around the globe all year long.

Why choose the Golden Visa Greece

Real estate experts have chosen it as a target for its potential in growing a business by investing in real estate, while having the chance to benefit from the various advantages of acquiring the Golden Visa Greece. Some of these advantages include: the primary applicant and members of his family have access to free healthcare and the prestigious educational system of the country, as well as to travel to the different countries in the Schengen area, such as Switzerland and Spain. In addition, Greece has been labeled as the new hot investment destination for its price drop since the crisis of 2010, offering plenty of top quality real estate in the market at an affordable price.

Options of investment

The different investment options under the Golden Visa Greece which possible international applicants may choose from are:

  • Purchasing real estate of €250,000, to be held for the duration of residence and for a minimum period of 5 years.

  • Lease real estate or timeshare of €250,000 to be held for the duration of residence and for a minimum of 5 years.

Some of the best neighborhoods to buy real estate in the country for a reasonable price are in Kerameikos, Psirri, Exarcheia, and Kypseli, for their easy access to public transportation and its proximity to the famous Acropolis.

Once you have decided which option to choose and the place you prefer to purchase real estate, it is time to determine the use of your new property. The return on rental investment in Greece usually varies between 4% and 6%, which is why many real estate investors that have purchased apartments in the tourist areas, such as the Cyclades (in particular in Santorini and Mykonos), Crete, Rhodes or Porto Heli choose to rent out their properties and become part of the popular Airbnb market. However, if you receive income in the country, you will have to pay for the “non-resident” income tax, wherein property income is taxable at 15% up to €12,000, 35% between €12,000 and €35,000, and 45% for annual rental income above €35,000. Nevertheless, if the duration of the rental does not exceed 90 days per year and 60 days on islands with less than 10,000 inhabitants, owners will not be subject to tax.

Another option for Golden Visa Greece holders is to turn the country into your home, where you will enjoy its amazing climate and marvelous landscapes, while spending an average of 30% less than many other EU countries. Moreover, many have chosen safe and welcoming Greece as their “plan b“, or their retirement haven, as owning an EU residency permit allows the whole family to benefit from its advantages, which include having access to a high standard of schooling and health service for free. This plan B for your family will give you the opportunity to enjoy a more prosperous life, wherein you will be able to choose freely to leave your country and move to Greece when in crisis situations, or in unexpected life-threatening situations that involve the country you are currently residing.

For global investors that may need to keep their investment safe, we offer a full service through the Orience Membership Club.

If you are interested, contact us

 

Entrepreneurs are looking forward to investing in Athens, the capital of Mediterranean Greece. Known for its unique and historical architecture within its 2,000 islands, the popular and touristic neighborhoods in its capital are the brokers and real estate experts’ choice for promising investment. Even before the pandemic, opportunities in real estate in the country were plentiful but low in demand, whereas owners had bet on turning to long-term leases temporarily with the hope of a recovery by the first months of 2021. Strategic investors will see the undervalued real estate in potential neighborhoods in the capital as a business opportunity, for there are plenty of places on sale to buy real estate in Greece.

Buying buildings in Athens to lease to tourists for short term stays or investing in buying an old property for a lower price and renovating it to enjoy higher returns on their investment are the main advantages for investors that want to profit from the beauty and touristic Athens. As a matter of fact, this has led the short-term rental market (mainly from Airbnb) to be the biggest change in Greece’s economy, becoming an advantage for both the country and the investor.

Best places to buy real estate in Athens

The best places for investors to buy real estate in the capital are located near the famous Acropolis, whereas prices are currently lower than in the center of the city. Nevertheless, it is where tourists are steadily looking to stay for its convenient transportation options to all the important places that all visitors need to explore, including museums, parks, and historical places. The best neighborhoods of the city include Kerameikos, Psirri, Exarcheia, and Kypseli, all of which are fairly near the Acropolis, where the Airbnb market is abundant.

According to experts in real estate, the ancient city of Kypseli is the most welcoming neighborhood for international investors and tourists to contribute to the rich multicultural neighborhood with its low-price to buy real estate. Located 2 to 3 kilometers away from Omonia square, the neighborhood of Kypseli is full of theaters, very close to the National Archaeological Museum, and is near to the center of the city. Many buildings in the area are targeted by investors that want to turn them into apartments for migrants or travelers. Spitagatos.gr, states that the range for apartments for sales in the area go from €900 to €1,400 per square meter depending on the number of bedrooms and its overall status; a 90m2apartment in Kypseli will cost €75,000, while a 200m2 maisonette will cost €280,000. Wise investors would pick larger apartments with multiple bedrooms to renovate so it can accommodate different sets of travelers at once; this investment idea will benefit them in the long-term as many tourists prioritize the location and proximity of their accommodation to the northern suburbs of Athens when it comes to short-term stays.

Why invest in Greece

The pandemic has momentarily frozen the tourism-related transactions in many European countries including Greece, which has suffered a notable decrease in foreign visits. However, the singular location of the country that offers excellent Mediterranean weather, along with the extensive unique historical and cultural places that the country offers, makes it an attractive bet for entrepreneurs to invest in; as the vaccine for COVID-19 is released and normality is restored, tourists will start returning to the capital and they will be searching for the best offers for short-term stays.

For international investors that want to buy real estate and obtain residence in the country, they can choose to apply for the Greek Golden Visa, which offers the lowest cost of entry in Europe (€250,000) and the fastest program to obtain EU residence, in just 60 days. The applicant and their family will be beneficiaries of the advantages of this permit, which includes access to many prestigious universities with low tuition fees, free health service, and the possibility to travel around the Schengen area without the need for a visa.

Golden Visa Greece

The Greek experience and lifestyle can be yours through the Golden Visa Greece.  For a minimum investment of €250,000, through a real estate purchase for private ownership or rental, one can avail of a five-year residency after which one can apply for the citizenship program.

The Golden Visa Greece is approved within 60 days and does not require the applicant to live in Greece.

Are you interested in the Golden Visa Greece? Contact us.

Our team in Orience International will help you choose the best path and assist you before signing any sales agreement to ensure your financial safety.

 

The Golden Visa is the best option for international investors that aim to have a plan B for themselves and their family, with the possibility of top-quality education and low-cost living in exchange for capital investment in a certain country. With this residence permit, the main applicant and his family will be allowed to live, study, and travel without the need for a visa. For instance, for investors that have obtained a Golden Visa in Spain, Portugal or Greece, their whole family is granted visa-free access to the Schengen Zone, which includes Sweden, Germany, and Italy; perfect for hassle-free visits to a neighboring European country to experience traditional food, explore foreign streets, and learn about a different culture.

Benefits of the Spanish, Portuguese and Greek Golden Visa

The main benefit of acquiring a residence permit with the Golden Visa is that you will be able to move freely to the country of residence of your preference with your family, which is a privilege that will ensure the best option for your future. Being a resident of a country includes having access to their health system which is advantageous in places like Spain. In the long-term, investing €500,000 for a residence in Spain will be a wiser option for American citizens, rather than spending it on the price of healthcare in the USA; the low cost of living and the Mediterranean weather is just a plus.

The advantages of the Golden Visa vary depending on the country you want to invest in. The most popular, the Spanish Golden Visa, grants EU residency in 60 days without the need to stay in the country for renewal after investing €500,000 in real estate. The Golden Visa is the fastest and easiest way to reside in the country, which also:

  • Allows the investor and all the family members (spouse, children that are under 18 or economically dependent, and dependent parents) to move together to the country.
  • The possibility of all the beneficiaries of the permit to work if over the age of 16.
  • Access to public and private healthcare, whereas the public system provides free basic healthcare for those who contribute to the Spanish social security system and their families, and to retirees.
  • And also access to the education system which is of international standards.

For this, investing in real estate in Spain has been an all-time retirement choice for foreign entrepreneurs, or for families that want to secure an alternative plan.

Another option for overseas investors is the Greek Golden Visa, which offers the lowest cost and fastest program to obtain a residence in the EU. With more than 2,000 islands in total, Greece has plenty of space for entrepreneurs to expand their business while having the chance to enjoy the good economy, wonderful landscapes, and the warmth of the Mediterranean people and weather. Like its neighbor country, Spain, Greece offers a golden visa where the whole family can benefit from its advantages, which also includes access to a high standard of schooling and health service for free; although the investment is more economic, with a minimum of €250,000.

The Golden Visa is also offered by other countries outside the EU. From the lowest to the highest minimum of investment with a range of €175,000 to £2,000,000, investors from across the world can choose to live in Spain, Greece, Portugal, Canada, UAE, United Kingdom, and Germany among other countries. This crucial investment is the free pass for whole families to enjoy a more prosperous life, having the opportunity to choose in crisis situations or when there are unexpected life-threatening situations as the actual pandemic is. This right to choose, should you prefer to escape to the calm and budget-friendly Portugal, or to invest in a potential business in a foreign country, will give you the assurance of a lifetime investment that benefits the whole family.

¿Do you want to apply for the Golden Visa? Contact us.