Advantages and disadvantages of Greek investment in buying a house

One of the important reasons why Greece is sought after by investors is to pay attention to its overvalued real estate prices and buy real estate with lower valuation in order to achieve the effect of maintaining and increasing wealth. It is reported that since the European debt crisis in 2008, house prices in Greece and other countries have fallen sharply, generally falling by about 30% compared with the peak period. With such a big drop, the investment value is obvious. In addition, since September 20 14, the exchange rate of the euro has been falling, always in the prefix of "7", so now is the best time to buy Greek real estate.

Great favor

It is reported that the Greek government will relax the investment immigration policy, and only need 250,000 euros to buy local real estate, including that both parents can follow their children to immigrate to Greece to obtain identity, and three generations have obtained permanent residence status to live in Greece. If the residence period reaches the statutory limit, the applicant can be naturalized. This investment immigration policy is expected to take effect at the beginning of 20 15. This is undoubtedly icing on the cake for investors, and it also makes Greek investment immigration projects more competitive.