What about Greek immigrants buying a house?

Greek immigrants have been very popular in the past few years.

Buying 250,000 euros of Greek real estate can get a "golden visa" for Greece, allowing many people to seize the opportunity to invest in Greece.

However, all kinds of misinformation about Greek immigrants came one after another, which made some people hesitate to take action.

What about Greek immigrants who buy houses? Then it is necessary to distinguish the pros and cons, and then see if it suits you after seeing the truth!

?

Advantages:

First, if you buy a property in Greece, you can rent it out to earn rent, or you can live by yourself, which also saves some housing costs.

Second, the Greek gold visa threshold is low. As long as you buy a legal and compliant house there, it is easy to get a green card there. And the success rate is extremely high.

Third, the property purchased in Greece is a permanent property right, and the house price is relatively low, so there is room for appreciation. Buying a house for children is also a guarantee for family members.

Fourth, the green card processing procedure in Greece is relatively simple, but it is very convenient to be present in person when changing the card.

Fifth, if you get a green card from Greece, you can enjoy the same treatment as other EU countries. This benefit is quite attractive.

Sixth, the educational environment and conditions in Greece are also very good. Public schools are free. Most private schools adopt British or American teaching methods and models, but compared with domestic and international schools, the fees are very low. The proportion of local and international schools in the United States is less than half. If ordinary people immigrate to Greece and send their children to such international schools, this choice is a good thing, but there is no harm.

Of course, not everything is fine. Let's look at the shortcomings of Greek immigrants.

First of all, the identity acquired by immigrants in buying a house is related to real estate. You can't sell the property you bought for five years, otherwise your identity will be lost, but if you hold it for more than five years, it won't have this effect.

Secondly, you must live in Greece for seven years to obtain nationality. If naturalization is not required, this time can be ignored.

Third, immigrants can't work in Greece. By purchasing a property of 250,000 euros, Greece can obtain permanent residency in Greece. This family has three generations of immigrants. However, according to Greek law, overseas immigrants with the right of abode cannot work in Greece.

How can you make a living without a job and a source of income? Don't worry, although Greek officials ask immigrants not to work, they can also earn income through entrepreneurship and investment. Immigrants can invest in real estate and become landlords, or set up small and medium-sized enterprises in the local area, or run small businesses and be their own bosses.