Why Greece is the Perfect Destination for Indian Investors Seeking a European Lifestyle
For Indian investors looking to expand their horizons and secure a foothold in Europe, Greece has emerged as a top destination. Its Golden Visa program, coupled with a thriving real estate market, offers unparalleled opportunities to combine financial growth with a luxurious European lifestyle. Here’s why Greece should be at the top of your list:
1. Seamless Residency Path Through the Greece Golden Visa
The Greece Golden Visa program allows investors to gain European residency by purchasing real estate worth at least €250,000 (approximately INR 2.2 crores). This is one of the lowest investment thresholds among European residency-by-investment programs, making it an attractive option for Indian investors.
With the Golden Visa, you and your family can enjoy:
- Residency in Greece without the requirement to stay in the country.
- Visa-free travel across the Schengen Zone, including countries like France, Germany, and Italy.
- Access to world-class healthcare and education facilities in Europe.
2. Strategic Location and Easy Connectivity
Greece’s location serves as a gateway between Europe, Asia, and Africa, offering immense travel and business opportunities. Direct flights from India to Athens and other European hubs make it a convenient choice for Indian investors seeking accessibility.
3. Affordable Real Estate Market with High ROI
The Greek real estate market is not only affordable but also highly lucrative. Key locations like Athens, Thessaloniki, and Crete offer stunning properties at competitive prices, ranging from luxurious villas to chic city apartments. Investors can expect:
- Rental yields ranging from 4% to 7% in popular tourist and urban areas.
- Strong capital appreciation as Greece’s economy continues to recover and grow.
4. A Rich Cultural and Historical Heritage
Greece is a land of ancient history, vibrant culture, and breathtaking landscapes. From the iconic Acropolis in Athens to the serene beaches of Santorini and Mykonos, the country offers an unparalleled lifestyle. Indian investors often find the blend of tradition and modernity in Greece very appealing.
5. Favorable Tax Benefits
Greece provides attractive tax incentives for property owners, making it an investor-friendly destination. Additionally, there are no inheritance taxes on property for direct heirs, ensuring a legacy for your family.
6. Family-Friendly Benefits
The Greece Golden Visa extends to your immediate family, including your spouse and children under 21. This allows your family to enjoy the benefits of European residency, including high-quality education and healthcare.
7. Stability and Safety
Greece offers a safe and stable environment for families and businesses. Its membership in the European Union and Schengen Zone ensures strong governance and economic resilience.
8. Opportunities for Permanent Residency and Citizenship
While the Golden Visa initially grants a five-year renewable residency, it opens pathways for permanent residency and even citizenship after a few years, provided certain conditions are met.
Final Thoughts
For Indian investors, Greece represents an ideal mix of opportunity and lifestyle. Whether you are looking to diversify your portfolio, secure a better future for your family, or enjoy the European lifestyle, the Greece Golden Visa program provides the perfect gateway.
With a minimal investment, high returns, and access to the best of Europe, the time to invest in Greece is now. Explore the possibilities and take the first step toward your European dream today.
The author of this article is Mr. Prashant Ajmera, an Indian immigration lawyer and Canadian citizen. He is the founder of Ajmera Law Group and the author of two books, “Millionaires On The Book” and “How to Plan for Your Child’s Foreign Education.” Over the past 30 years, he has assisted and advised over 30,000 students and families on planning their foreign education and settlement. He regularly speaks at various forums on this subject.
Ajmera Law Group: Mo: +91 9974253030 | info@ajmeralaw.com | www.ajmeralaw.com