Is it cost-effective to buy a house in Greece?

Buying a house in Greece is cost-effective.

The European Union has repeatedly called for tightening the golden visa, and many European countries have also tightened their immigration policies, either raising the investment threshold or limiting the number of applicants. Ireland's investment doubled directly, and Hungary even shut down the investment immigration project. However, Greece has always been the same. Since 20 13, it has maintained a housing immigration fee of 250,000 euros, which can be said to be the lowest investment in housing immigration in all European countries.

Greek immigrants can obtain permanent residency in Greece by buying a house in one step, and their spouses, children and parents can also obtain immigration status at the same time. Moreover, there is no immigration supervisor in Greece, and you can not live in the local area if you don't have to. In addition, Greek property rights are permanent and can be passed down from generation to generation.

The economic crisis and debt crisis once caused Greek housing prices to fall to the bottom. Now that the new Greek government has taken office, it has actively promoted economic development and the tourism industry has continued to prosper. The "Belt and Road" has been vigorously built. Multiple factors caused the Greek economy to bottom out and the real estate market to pick up again. Greek housing prices have risen sharply this year, and the return on investing in Greek real estate is considerable.

Precautions:

1. The conditions for emigrating to Greece are simple. Applicants must first be non-EU citizens, have no criminal record, and have reached the age of 18. Secondly, they must buy a local property worth at least 250,000 euros, which is simple and direct, without any other additional requirements.

The general approval period is 3-6 months, and permanent residence status can be obtained in one step. There is no stage of changing temporary residence into permanent residence.