Greece offers something for everyone, whether you're a tourist or planning to live there. It has affordable lodging, friendly people, a beautiful climate, delicious food, and a rich history. Greece is known for being the world's earliest democracy and is filled with must-see locations like Athens, Delphi, Rhodes, Crete, Olympia, Skiathos, Meteora, Corfu, and Santorini. The country values family, history, and nature. English is widely spoken, and the infrastructure supports residents and visitors. Greek cuisine is a delight for food enthusiasts.

Guide to Living in Greece

Greece has one of the lowest costs of living in the EU, with Athens being more expensive. The country is relatively safe with low crime rates. Greece offers a pleasant climate, rich history, beautiful architecture, and a distinct Greek culture. It joined the EU in 1981 and has made significant progress since then. Greeks are known for their hospitality, and the majority of the population follows the Greek Orthodox Church.

Reasons to Consider Living in Greece

Greece, located at the center of the earth, is known for its historical contributions to democracy, philosophy, and western civilization. The country provides easy access to Asia, Africa, and Europe, attracting a diverse population of foreigners. Greece offers beautiful natural landscapes, including mountains, woods, and 6,000 Mediterranean islands. It provides a fairy tale-like life with warm weather, stunning beaches, remarkable architecture, and a high standard of living. Whether seeking solitude or adventure, Greece promises to fulfill your desires.

Understanding the Cost of Living in Greece

Greece, as a member of the European Union and the Eurozone, offers more than just its tourist attractions and beautiful weather. The country is known for its relatively affordable cost of living, encompassing rent, utilities, food, groceries, and transportation. In this article, we will delve into the details of understanding the cost of living in Greece, highlighting its advantages and disadvantages, as well as providing specific information on key aspects such as rent, utilities, food, groceries, and transportation.

Advantages of the Cost of Living in Greece

Greece offers several advantages in terms of cost of living, especially when compared to the United States and many other European countries. Here are some key advantages:

• Affordable Everyday Necessities: The prices for everyday necessities such as food and transportation in Greece are generally lower than in the United States. On average, the cost of living in Greece is approximately 30% cheaper than in other European countries. This affordability allows individuals, including expats, to enjoy a comfortable lifestyle at a reasonable cost.
• Lower Rent: Rent prices in Greece can be significantly lower than in many other countries. For example, compared to the United States, the cost of renting an apartment in Greece can be as much as 70% lower. By opting for apartments outside of major cities or in lesser-known areas, individuals can find affordable housing options that fit their budget.
• Budget-Friendly Living: By adopting certain strategies such as using public transportation, avoiding tourist traps, shopping at local markets, and dining at local establishments, it is possible to save money while living in Greece. With a budget of less than $2,000 per month, expats can lead a comfortable and fulfilling life.

Disadvantages of the Cost of Living in Greece

While Greece offers numerous advantages in terms of affordability, there are also a few disadvantages to consider:

• Tourist Prices: Popular tourist destinations in Greece tend to have higher prices, especially for high-end accommodations, fine dining experiences, and general entertainment. The location plays a significant role in determining the amount of money one might spend. Living in lesser-known islands or small inland towns can substantially reduce yearly expenses compared to residing in popular areas like Athens or Santorini.

Rent and Utilities

Renting a home in Greece is generally affordable, even in the capital city of Athens, which is considered the most expensive city in the country. Here are some typical rent ranges in Athens:

• One-bedroom apartment in the city center: €300 to €500 per month.
• One-bedroom apartment outside the city center: €200 to €400 per month.
• Three-bedroom apartment in the city center: €500 to €1,000 per month.
• Three-bedroom apartment outside the city center: €400 to €800 per month.

When it comes to utilities, the cost can vary depending on factors such as the size of the home, the season, and individual consumption habits. On average, utility expenses range from €150 to €300 per month.

Food and Groceries

Food is an essential aspect of the cost of living, and Greece offers a variety of affordable options. Dining out in a low-cost restaurant can cost between €10 and €18 for a meal, while a dinner for two at a mid-range restaurant may range from €35 to €60. Greece is renowned for its agricultural products, including olive oil, wine, cheese, and saffron, which contribute to a healthy Mediterranean diet that promotes longevity and reduces the risk of heart disease and diabetes.

For groceries, Numbeo provides an updated pricing list of essential items. Here is a sample list showcasing the average prices in Greece:

• Milk (1 liter): €1.18
• Loaf of Fresh White Bread (500g): €0.89
• Rice (1kg): €1.68
• Eggs (12): €2.83
• Chicken Breasts (Boneless, Skinless, 1kg): €7.04
• Apples (1kg): €1.46
• Potatoes (1kg): €0.92

Transportation

Greece offers various transportation options for both intercity and intracity travel. In Athens, the tram system is well-known for connecting different areas. The cost of local transportation in Greece is relatively affordable, with a one-way ticket costing around €1.20, and a monthly pass available for approximately €30.

Conclusion

Understanding the cost of living in Greece reveals that the country provides a reasonably affordable lifestyle, particularly when compared to other European nations and the United States. While living costs are generally lower, it is essential to consider location, as popular tourist destinations tend to have higher prices. By making informed choices regarding housing, utilities, food, groceries, and transportation, individuals can manage their expenses and enjoy a comfortable standard of living in Greece.

Exploring the Job Market in Greece

Greece, after enduring a significant economic setback during the global financial crisis in 2008, has been gradually recovering and reclaiming its economic stability in recent years. With high unemployment rates and plummeting real estate values, the country faced numerous challenges. However, thanks to the resilient Greek workforce and various government measures aimed at attracting investors, such as the Greece Golden Visa program, Greece has been making strides towards resolving its economic issues.

Job Market Overview

The job market in Greece can be a challenging landscape for expatriates, particularly due to the limited presence of multinational corporations operating in English. Nevertheless, the Greek government actively encourages foreigners to seek employment opportunities in the country, especially within international corporations or the thriving tourism industry. While finding a job in Greece may present some difficulties, it is not impossible, and the country's growth trajectory offers promising prospects for those looking to live and work there.

Opportunities for Expats

English teaching is a popular profession among expatriates in Greece, particularly in suburban areas and remote islands. The demand for English teachers remains high, and positions can be found in language schools, public schools, or private tutoring. As an English teacher, one can expect to earn a monthly salary ranging between €1200 and €1800. While this may seem lower compared to salaries in the United States, it is important to consider the lower cost of living in Greece.

Minimum Average Salary

Greece's minimum average salary is €758.33 per month, which is not significantly high. However, it is worth noting that many Greeks who earn less than the minimum salary tend to live in family homes or inherited houses, which helps to mitigate the challenges of living on a modest income.

Expected Average Salary

The expected average salary in Greece varies depending on the position and the applicant's experience. The monthly wages typically range from €1,428 to €2,788. The table below provides an overview of average salaries for specific occupations in Greece:

It is important to note that these salary ranges are approximate and can vary depending on factors such as location, industry, company size, and level of expertise.

Conclusion

Despite the challenges faced by expatriates seeking employment in Greece, the country's economy is on a positive trajectory, offering potential opportunities for individuals looking to live and work there. While the job market may be predominantly conducted in Greek, international corporations and the flourishing tourism sector provide avenues for non-Greek speakers to find employment. English teaching remains a popular profession, and salaries, although lower compared to certain countries, are often sufficient to cover the cost of living in Greece. With the right skills, qualifications, and perseverance, expats can navigate the job market in Greece and find rewarding career opportunities in this vibrant Mediterranean country.

Relocating to Greece: A Step-by-Step Guide

Relocating to Greece can be an exciting opportunity, whether you are planning to visit the country or settle down permanently. This step-by-step guide will provide you with essential information and guidelines to make your relocation process smooth and hassle-free. From visa requirements to residence permits, we will cover all the necessary steps to help you navigate the process successfully.

Visa Requirements

EU Citizens and Citizens of Norway, Iceland, Liechtenstein, or Switzerland

If you are a citizen of the European Union or a citizen of Norway, Iceland, Liechtenstein, or Switzerland, you do not require a visa to enter Greece. Simply present your passport or identity card at the port of entry, and you will be granted a pass for up to three months.

Non-EU Citizens

If you are a citizen of a country other than the EU member states or the aforementioned nations, you must apply for a three-month entrance visa, also known as a "D" visa, before your arrival in Greece. This visa allows you to stay in Greece for a period of three months.

To obtain an entrance visa, visit the nearest Greek Consulate or Embassy and submit the necessary paperwork. You will need to appear in person for the application and may be called for an interview. Biometric data will also be collected during the application process. The tourist visa is valid for three months from the date of admission.

Documents required for a visa application:

• Two biometric photos meeting the Schengen Visa photo requirements.
• Valid passport or travel document with copies of previous visas, valid for at least three months beyond the visa's expiration date.
• Completed application form in English or Greek.
• Proof of medical insurance coverage in Greece.
• Cover letter stating the purpose of your visit to Greece.
• Proof of civil status (marriage certificate, birth certificate of children, etc.).
• Flight itinerary.
• Hotel reservations.
• Proof of sufficient funds.
• Criminal record excerpt from your country of origin or current residence.

Greek Golden Visa Program

If your intention is not only to visit Greece but also to obtain Greek citizenship, you may consider applying to the Greek Golden Visa Program. This program requires you to make an investment in the country, reside in Greece for a consecutive period of seven years, and fulfill several other requirements, including passing the Greek Citizenship Test. This option provides an opportunity for individuals seeking long-term residency or eventual citizenship in Greece.

Residence Permits

Once you have relocated to Greece, you will need to obtain a residence permit from the Ministry of Interior. The following documents are typically required for the residence permit application:

• Passport with photocopies of each page.
• Two completed application forms obtained from the Ministry of Interior's office.
• Three biometric passport photos.
• Evidence of health insurance coverage.
• Health certificate issued by a hospital in Greece.
• Proof of sufficient funds to support yourself during your stay.
• Employment agreement (if applicable).

Employment Residence Permits

For individuals relocating to Greece for employment purposes, specific requirements apply. The initial residence permit for employment is typically granted for one year and must be renewed within two months prior to its expiration. Subsequent permit renewals are required every two years.

EU Citizens

If you are an EU citizen relocating to Greece for work, the process is relatively straightforward. Upon arrival, you will need to apply for a residence visa, which is typically an easy and streamlined process.

Non-EU Citizens

For non-EU citizens, the procedure is slightly more complex. The Greek government offers different types of residency permits based on whether you are classified as an "executive" or "standard" employee. It is important to consult with the Greek Consulate or Embassy for specific details regarding the required documents and procedures.

Conclusion

Relocating to Greece involves understanding the visa requirements and obtaining the necessary permits for your stay. Whether you are an EU citizen or a non-EU citizen, familiarizing yourself with the application process and preparing the required documentation in advance will help ensure a successful relocation. Additionally, exploring opportunities such as the Greek Golden Visa Program can provide a path to long-term residency or citizenship. Remember to stay informed and seek assistance from the appropriate authorities to make your relocation to Greece a smooth and fulfilling experience.

Taxation in Greece: What You Need to Know

Taxation in Greece is an important aspect of the country's financial system. Understanding the tax regulations and requirements is crucial for individuals residing or conducting business in Greece. This article provides an overview of the key aspects of taxation in Greece, including tax breaks for non-residents, taxpayer identification numbers, and the different types of taxes applicable in the country.

Non-Resident Taxation in Greece

Non-residents in Greece enjoy certain tax benefits. They are only obligated to pay taxes on income earned within Greece, while any foreign income remains tax-free. However, individuals who meet specific criteria must pay taxes in Greece. These criteria include:

• Physical Presence: If you spend more than 183 days in Greece within a calendar year, you are required to pay taxes.
• Permanent Address: Individuals with a permanent address in Greece are also subject to taxation.
• Business or Investment: Having a company or investment in Greece makes you liable for taxation.
• Professional Activity: Engaging in any work or professional activity within Greece obligates you to pay taxes.

Taxpayer Identification Number (TIN)

When relocating to Greece and acquiring employment, obtaining a Taxpayer Identification Number (TIN) is essential. Referred to as "Arithmos Forologikou Mitroou" (AFM) in Greek, this identification number is necessary to open a bank account and set up utilities. To apply for a TIN, you must visit your local tax office. Generally, filling out the M1 Form and providing your passport is sufficient, but it's advisable to consult the local tax office to confirm the required documentation.

Types of Taxes in Greece

In Greece, there are four primary types of taxes:

• Personal Income Tax: Personal income tax is levied on an individual's earnings. The tax rates vary based on income brackets, ranging from 9% for employment income up to €10,000, to 44% for income exceeding €40,000.
• Capital Gains Tax: Capital gains tax is applicable to gains from the sale of assets such as real estate, lottery winnings, and inheritances.
• Social Security Tax: Social security tax is deducted from an individual's earnings to fund various social security programs and benefits.
• Value Added Tax (VAT): VAT is a consumption tax imposed on the sale of goods and services within the country. It is added to the pricing of products and services and is typically set at different rates for different types of goods and services.

Detailed Tax Rates in Greece (as of 2020)

The tax rates in Greece vary depending on the type of tax and income level. The following tables outline the income and capital gains tax rates as of 2020:

Income tax on salaries earned from employment, pensions, and business and professional income:

Income tax on income generated from real estate:

Income tax on capital gains from dividends, royalties, and interest:

Conclusion

Understanding taxation in Greece is crucial for individuals residing or conducting business in the country. Non-residents enjoy tax breaks, but specific criteria determine their taxation obligations. Obtaining a Taxpayer Identification Number is necessary for various financial transactions. Greece imposes different types of taxes, including personal income tax, capital gains tax, social security tax, and value-added tax. Familiarizing oneself with the applicable tax rates and regulations ensures compliance and smooth financial operations in Greece.

Navigating Bank Accounts in Greece

When moving to Greece, creating a Greek bank account is essential. It enables you to receive your salary if you work for a Greek company and is also required for self-employed individuals to qualify for a residence permit. Having a Greek bank account will greatly facilitate your life in Greece.

To open a bank account in Greece, the process is straightforward. Simply visit any bank with your passport and taxpayer identification number. It's advisable to check the specific list of documents required by the bank beforehand.

Some of the well-known banks in Greece include Eurobank, Alpha Bank, Piraeus Bank, and National Bank of Greece.

Education System in Greece: An Overview

Education in Greece is compulsory for children aged six to sixteen. The system is structured into different levels, including elementary schools, lower secondary schools, and upper secondary schools. In this overview, we will delve into the various aspects of the education system in Greece, including preschool education, public and private schools, and international schools.

Preschool Education

Preschool education in Greece is not compulsory but widely available. There is a plethora of non-compulsory public and private preschools and kindergartens throughout the country. Most Greek children attend public preschools, where they can begin their education journey from the age of two and a half. This early education phase helps children develop social skills, basic knowledge, and prepares them for primary school.

Primary and Secondary Education

• Elementary Schools: Greek children enter elementary schools at the age of six and continue their education for six years. The curriculum in elementary schools focuses on fundamental subjects such as Greek language, mathematics, science, social studies, foreign languages, and physical education.
• Lower Secondary Schools: After completing elementary school, students move on to lower secondary schools for a three-year period. The curriculum becomes more comprehensive and includes a wider range of subjects. Students continue to study core subjects while also being introduced to subjects such as history, geography, music, art, and technology.
• Upper Secondary Schools: Upper secondary education in Greece is non-compulsory and typically lasts three years. At this level, students have the option to choose between academic or technical fields. Academic schools prepare students for higher education, while technical schools provide vocational training and skills for immediate employment opportunities.

International Schools

For families residing in Greece, there are several international schools available, mainly located in Athens or Thessaloniki. These international schools cater to the needs of expatriate families and offer education in various languages, including English, German, French, and Japanese. Some notable international schools in Athens offering an English curriculum include Campion School, American Community Schools of Athens, International School of Athens, and Saint Catherine’s British School.

Moreover, Greece boasts around 15 schools that offer an International Baccalaureate (IB) program following the Swiss curriculum. The IB program allows students to pursue their higher education in colleges and universities outside of Greece, offering them a global perspective and enhancing their academic prospects.

Conclusion

The education system in Greece provides a structured and comprehensive approach to learning, starting from preschool education and progressing through elementary, lower secondary, and upper secondary levels. While public schools are the norm for Greek children, international schools offer an alternative for expatriate families seeking education in their native language or a globally recognized curriculum. By providing diverse educational opportunities, Greece aims to equip students with the skills and knowledge necessary to succeed in their future endeavors, both nationally and internationally.

Healthcare in Greece: A Comprehensive Guide

The education system in Greece plays a crucial role in shaping the intellectual and professional development of its citizens. With a rich historical and cultural heritage, Greece recognizes the importance of education in building a knowledgeable and skilled workforce. This article provides an in-depth overview of the education system in Greece, highlighting its structure, key features, and important information.

Structure of the Education System:

The Greek education system is divided into three main levels: primary education, secondary education, and tertiary education. Each level has its own distinct characteristics and objectives.

1.1 Primary Education:

• Primary education in Greece is mandatory and caters to children aged 6 to 12.
• The curriculum focuses on core subjects such as Greek language, mathematics, science, social studies, physical education, and foreign languages (typically English).
• Primary education aims to provide a solid foundation of knowledge, develop critical thinking skills, and foster social interaction.

1.2 Secondary Education:

• Secondary education in Greece is divided into two cycles: the Gymnasium cycle and the Lyceum cycle.
• The Gymnasium cycle, spanning grades 7 to 9, offers a broad range of subjects, including humanities, sciences, foreign languages, and arts.
• The Lyceum cycle, comprising grades 10 to 12, allows students to specialize in specific fields such as humanities, sciences, or applied sciences.
• At the end of the Lyceum cycle, students take a nationwide examination known as the Panhellenic Examinations, which determine their eligibility for higher education.

1.3 Tertiary Education:

• Tertiary education in Greece includes universities, technological educational institutes, and higher education institutions.
• Greek universities offer undergraduate and postgraduate programs across various disciplines.
• Technological educational institutes provide practical-oriented programs, focusing on applied sciences and engineering.
• Higher education institutions offer specialized vocational programs in fields such as nursing, tourism, and business.
• Admission to tertiary institutions is based on the Panhellenic Examinations results, with some programs requiring additional entrance exams or criteria.

Key Features of the Education System:

The Greek education system incorporates several key features that shape its functioning and objectives.

2.1 Emphasis on Classical Education:

• Greece's education system places great importance on classical education, aiming to preserve its historical and cultural heritage.
• Classical subjects such as Greek language, literature, philosophy, and history hold a prominent place in the curriculum.

2.2 Bilingual Education:

• English language instruction is integrated into the curriculum from primary education onwards.
• Bilingual education aims to enhance students' language proficiency and prepare them for a globalized world.

2.3 Vocational Training and Apprenticeships:

• The Greek education system recognizes the importance of vocational training and apprenticeships.
• Vocational schools and higher education institutions offer programs that equip students with practical skills and knowledge for specific trades and professions.

2.4 Teacher-Centered Instruction:

• Traditional teaching methods in Greece tend to be more teacher-centered, with a focus on lectures and direct instruction.
• However, efforts are being made to promote student-centered learning approaches that encourage critical thinking, creativity, and active engagement.

Challenges and Reforms:

The Greek education system faces various challenges and has undergone reforms to address them.

3.1 Funding and Resources:

• Adequate funding and allocation of resources remain significant challenges for the education system.
• Budget constraints have sometimes resulted in limited infrastructure, outdated equipment, and insufficient teaching materials.

3.2 Technological Integration:

• Integrating technology into classrooms and educational practices is an ongoing challenge.
• Efforts are being made to enhance digital literacy and provide access to technology for students and educators.

3.3 Inclusivity and Equal Opportunities:

• Ensuring equal access to quality education for all students, regardless of socioeconomic background or geographical location, remains a priority.
• Initiatives are being implemented to address disparities and promote inclusivity in the education system.

Conclusion:

The education system in Greece plays a pivotal role in equipping individuals with the knowledge and skills necessary for personal growth and societal development. With a structured framework encompassing primary, secondary, and tertiary levels, Greece emphasizes classical education, bilingualism, and vocational training. While facing challenges, the system is continually evolving through reforms to provide an inclusive and quality education for its citizens, preparing them for a rapidly changing world.

Golden Visa Greece: Your Path to Residency

Greece introduced the Golden Visa scheme in 2013 as a means to attract international investors and stimulate economic recovery following its financial crisis. This residency by investment program offers non-European Union (EU) and European Economic Area (EEA) citizens the opportunity to obtain permanent residency in Greece in exchange for investing in Greek real estate, government bonds, capital funds, and more. Eligible individuals who participate in the program are granted a renewable five-year residency permit, which can be extended indefinitely.

The program has gained significant popularity among foreign investors due to its most accessible condition: a minimum real estate investment of €250,000*. Successful applicants and their families receive a five-year residency permit in Greece, renewable every five years, as long as the investment is maintained. It's important to note that residing in Greece for a period of seven years can make an individual eligible for Greek citizenship through naturalization.

To qualify for the program, investors must fulfill one of the following investment options:

• Purchase real estate property anywhere in Greece with a minimum value of €250,000*.
• Acquire a timeshare or lease in a hotel or furnished tourist accommodations for at least ten years.
• Invest at least €400,000 in government bonds or a venture capital fund.
• Make a capital investment of at least €400,000 in securities or a bank deposit in Greece.
• Invest €800,000 in shares, corporate bonds, or Greek Treasury bonds listed in trading facilities operating in Greece.

If the Greece Golden Visa Program is not suitable for an individual and they prefer to apply for a conventional work visa, sponsorship by a Greek employer is required. The employer will handle the application process through the Ministry of Labor on behalf of the applicant.

Compared to other European countries, the Greek Golden Visa Program stands out as the most affordable scheme of its kind. It grants participants the freedom to travel in and out of Greece without any stay requirements. Additionally, there are no mandatory criteria for residing in the country. The entire process of obtaining legal resident status in Greece can be completed in as little as three months.

*Starting from July 31, 2023, the minimum investment for real estate will increase from €250,000 to €500,000. However, it's important to note that this change will only apply to specific areas, namely Athens, Thessaloniki, and Santorini.

Top Greek Cities Preferred by Expats

Greece is a country that offers an affordable and fulfilling lifestyle, making it an attractive destination for expats. From its stunning landscapes to the warm hospitality of the Greek people, there are several reasons why expats choose to settle in Greece. This article explores the top Greek cities preferred by expats, highlighting their unique characteristics and attractions.

Athens:

As one of the oldest cities in the world, Athens is a popular choice for expats in Greece. With a population of nearly four million people, it is a vibrant and bustling metropolis. Located near the Aegean Sea's Bay of Phaleron, Athens boasts a rich historical heritage and a thriving cultural scene.

Despite the impact of the economic crisis, Athens has shown remarkable resilience and has been steadily recovering, particularly in the real estate sector. Average incomes in Athens are higher compared to other parts of Greece, making it an attractive destination for job opportunities.

The city's proximity to the port of Piraeus, one of the busiest ports in the Mediterranean, contributes to its economic vitality. Athens is a hub for various industries, including handicrafts and manufacturing, providing employment opportunities for both locals and expats.

Thessaloniki:

Thessaloniki, Greece's second-largest city, is another popular choice among expats. With a population of nearly 800,000, it offers a slightly smaller and more intimate living environment compared to Athens. Founded in 315 BCE and named after Alexander the Great's sister, Thessaloniki has a rich historical and cultural heritage.

In the 1960s, Thessaloniki underwent industrial development with the establishment of petrochemical factories, oil refineries, and steel mills. It has also emerged as a major exporter of chrome, agricultural goods, and manganese. This economic growth has attracted investors and boosted the city's confidence in recent years.

Although Thessaloniki faced challenges, such as a devastating earthquake in 1978 and the economic crisis of 2008, it has shown resilience and has undergone positive development. Expats seeking a city with a strong economy and a rich history will find Thessaloniki an appealing choice.

Conclusion:

Greece offers a variety of cities that are favored by expats, each with its own unique charm and attractions. Athens, with its ancient history and economic opportunities, continues to be a top choice for many. Thessaloniki, on the other hand, provides a slightly smaller yet vibrant urban environment with a robust economy.

Whether it's the affordability, stunning landscapes, or the warm and welcoming nature of the Greek people, Greece offers expats a fulfilling and enjoyable living experience. The top Greek cities preferred by expats provide a blend of historical significance, economic prospects, and a high quality of life, making them excellent options for those looking to make Greece their new home.

Pros and Cons of Living in Greece

Greece, like any other country, has its own unique advantages and challenges for those considering living there. Understanding the pros and cons can help individuals make an informed decision. Here is an in-depth analysis of the positive and negative aspects of living in Greece:

Pros:

• Affordable Cost of Living: Greece offers a relatively low cost of living compared to many other countries in Europe and North America. Housing, transportation, and everyday expenses such as groceries and dining out are generally more affordable, making it an attractive option for expatriates and retirees looking to stretch their budgets.
• Safety: Greece is known for being one of Europe's safest countries. The crime rate is relatively low, and violent crimes are rare. This makes Greece an appealing destination for individuals and families seeking a safe and secure environment.
• High-Quality Healthcare: Greece has a well-developed healthcare system with high-quality medical care. The country boasts modern hospitals and clinics, advanced medical technology, and highly trained medical professionals. Expatriates and residents can have peace of mind knowing that they have access to reliable healthcare services.
• English Proficiency: Due to Greece's thriving tourism industry, English is commonly spoken, especially in popular tourist destinations and urban areas. This can ease the language barrier for English-speaking expatriates and make it easier to navigate daily life, interact with locals, and access services.
• Rich Cultural Heritage and Natural Beauty: Greece is renowned for its rich history, ancient ruins, and breathtaking landscapes. Living in Greece provides the opportunity to immerse oneself in a vibrant culture, explore historical sites like the Acropolis in Athens, and enjoy the stunning beaches and picturesque islands scattered throughout the Aegean and Ionian Seas.

Cons:

• Language Barrier for Employment: While English is widely spoken in tourist areas, Greek remains the primary language used in business and professional settings. For expatriates seeking employment, particularly in non-tourism industries, fluency in Greek is often required. This language barrier can make it challenging to find work opportunities, especially for those who do not possess Greek language skills.
• High Cost of Living in Tourist Destinations: While Greece overall offers an affordable cost of living, it's important to note that popular tourist destinations, such as Santorini and Mykonos, can be significantly more expensive. Rent, accommodation, dining, and entertainment costs tend to be higher in these areas due to high demand and limited supply. It is advisable to consider this factor when choosing a place to live in Greece.
• Residency Sponsorship Requirements: If you are not eligible for a Golden Visa (a residency-by-investment program) and wish to obtain residency in Greece, you may need sponsorship from a Greek employer. This can make it challenging for individuals who do not have job offers or established connections in the country. Navigating the residency process without a sponsor can be time-consuming and complex.
• Economic Challenges: Greece has faced economic challenges in recent years, and this can impact job opportunities and overall economic stability. Unemployment rates have been high, particularly among young people, and the country has implemented austerity measures to address its financial situation. These economic factors can affect the job market and living conditions for both locals and expatriates.
• Bureaucracy and Administrative Processes: Like many countries, Greece has a bureaucratic system that can sometimes be slow and complicated. Dealing with administrative processes, such as obtaining permits, licenses, or dealing with government agencies, may require patience and persistence. Understanding the local bureaucracy and seeking assistance from professionals or knowledgeable locals can help navigate these challenges.

In summary, living in Greece offers several advantages, including an affordable cost of living, safety, high-quality healthcare, and a rich cultural heritage. However, potential drawbacks include the language barrier for employment, higher living costs in tourist destinations, residency sponsorship requirements, economic challenges, and administrative complexities. Assessing these pros and cons will help individuals determine if Greece is the right fit for their lifestyle and goals.

FAQ

Is it difficult to move to Greece?

The process of moving to Greece can be relatively simple for residents of the European Union (EU). However, for non-EU/EEA nationals, the procedure can be more challenging. It's important to understand the requirements and opportunities available to ensure a smooth transition and comfortable life in Greece.

How much money do you need to live in Greece?

To live comfortably in Greece, a monthly budget of around €2,000 can be sufficient. This amount typically covers regular monthly expenses and includes the cost of renting a one-bedroom apartment in the lively city center of Athens.

Which countries have a double taxation treaty with Greece?

Greece has established double taxation treaties with 57 countries/jurisdictions. These treaties aim to prevent individuals or businesses from being taxed on the same income in both Greece and their home country. Some of the countries with double taxation treaties with Greece include Albania, Armenia, Austria, Azerbaijan, Belgium, Bosnia-Herzegovina, Bulgaria, Canada, China, Croatia, Cyprus, Czech Republic, Denmark, Egypt, Estonia, Finland, France, Georgia, Germany, Hungary, Iceland, India, Ireland, Israel, Italy, Korea, Kuwait, Latvia, Lithuania, Luxembourg, Morocco, Mexico, Malta, Moldavia, Netherlands, Norway, Poland, Portugal, Qatar, Romania, Russia, Saudi Arabia, San Marino, Serbia, Slovakia, Slovenia, South Africa, Sweden, Spain, Switzerland, Turkey, Tunisia, Ukraine, United Arab Emirates, United Kingdom, United States, and Uzbekistan.

Additionally, Greece has estate and inheritance agreements, as well as gift agreements, specifically with Germany, Italy, Spain, and the United States. These agreements help regulate taxation on assets transferred through inheritance or gifts between Greece and these countries.