Greek immigrants

The average increase in property and rental prices in various regions of Greece is over 6%, indicating that the Greek real estate market is booming and the prospects for property returns are clear. So in European housing immigration projects, Greece is highly favored. Here is a collection post compiled by the editor! A comprehensive guide to Greek immigration.

I want to apply for Greek housing immigration. You only need to purchase a property worth 250000 euros or more to apply for immigration. Three generations can apply, and there is no age limit for both parents. The age limit for children is under 21 years old. (Age is based on the date of passport, calculated based on the time of application submission), and even if applying for Greek permanent residency status, it is still Chinese nationality, so there is no need to worry about this.

After obtaining permanent residency in Greece, although one cannot freely find a job, they can freely engage in business in Greece, purchase local medical insurance, and enjoy better medical services. At the same time, their children can also attend international schools in Greece and enjoy integration with the European and American education systems. If they want to return to China to study, they can also participate in the college entrance examination as overseas Chinese students.

According to the regulations of Guangdong Provincial Education Examination Institute:

The candidate and one of their parents must obtain long-term or permanent residency in the country of residence, and have resided continuously in the country of residence for 2 years, with a cumulative residency of no less than 18 months within 2 years. The candidate must have resided in the country of residence for an actual cumulative residency of no less than 18 months within 2 years prior to registration.

It can be seen that after obtaining permanent residency status in Greece through the Greek housing immigration program and meeting the living conditions, children can use their overseas Chinese identity to apply to 211 and 985 schools in China.

However, although the purchased property is a permanent property, if the property is sold, one will lose their permanent residency status, which everyone should be aware of.

How to naturalize in Greece after obtaining permanent residency status in Greece?

To apply for citizenship, the following requirements must be met:

1. Applicants must be at least 18 years old;

2. The applicant shall not be punished with imprisonment for more than 6 months in the first 10 years prior to submitting the naturalization application;

3. The applicant must have lived in Greece for at least 7 years before submitting the citizenship application;

4. Applicants must hold a 5-year long-term residence visa in Greece;

5. The applicant must be fluent in Greek and able to integrate into the Greek environment in terms of economy and daily life;

6. Applicants must not have any records of violating immigration laws or being deported.

Some friends who want to obtain permanent residency in the European Union need to meet these conditions:

Firstly, it is necessary to leave the country for a cumulative period of no more than 10 months within 5 years, and to reside for at least 6 months per year (a total of 4 years and 2 months); Secondly, the minimum annual income of a household cannot be less than 8500 euros, and for every additional person, an additional 15% of annual income is required; You also need to purchase health insurance and pass the A2 level language and cultural exam.

Additionally, it is important to note that Greece currently does not have a birth policy, so children born in Greece cannot automatically obtain Greek citizenship.

Greece's current epidemic prevention policies are also relatively loose. Starting from May 2022, all tourists entering Greece are not required to present vaccination and testing certificates, nor are they required to undergo quarantine.

Nowadays, choosing a house is also very convenient. You don't have to go to Greece for local inspections, and you can choose a house remotely through video in China to meet the needs of different customers.

Regions worth investing in for Greek immigrants:

1. Northern Athens

The northern region of Athens belongs to the traditional wealthy area, which is surrounded by embassies and is also the best green area in the city. There are numerous prestigious schools and international schools, as well as dignitaries, embassy staff from various countries, executives from Fortune 500 companies, and traditional wealthy people living here. It is the preferred area for many parents who want to consider their children's future. This area has a strong sense of architectural design and high quality due to its unique geographical location. Due to the unique characteristics of the residential population, the northern region mainly offers large apartment units such as villas and duplex apartments, which are very suitable for investors who want to move their families to Greece. This area has a strong living atmosphere, convenient transportation, and complete living facilities, making it an ideal place for both the elderly and children to live.

2. Southern Athens

Southern region: With numerous celebrities and emerging wealthy areas.

Starting from the city center to the southeast, it is a ten minute drive to the emerging affluent area of South Athens. The properties range from small to large units, distributed from north to south. Most of the properties in this area are avant-garde, distinctive, and feature villas with a wide view and sea view. The living facilities in the southern region, like those in the city center, are quite sound, and all transportation facilities are also efficient and convenient. Chinese people who are familiar with Greek immigrants know that the southern part of Greece belongs to the emerging affluent area, where many Athenian celebrities or wealthy people live, and housing prices are relatively high compared to other areas. But for high net worth individuals, having a comfortable life and investing more is still worth it. The best luxury entertainment facilities such as golf courses and yacht clubs in Athens are all located here. Facing the sea, spring is warm and flowers bloom, public security is good, the environment is favorable, and vitality is full.

3. Central Athens

Central Athens is the central area of Athens, with a high rental rate suitable for investors.

The central commercial area of Athens radiates ten kilometers from the Constitution Square and the Acropolis, making it the busiest commercial area. The northwest corner of Chinatown, the northeast corner of the embassy, and the Fortune 500 office area are well-known to everyone. The city center of Greece belongs to the old city area, located in a bustling commercial district with convenient transportation facilities. Due to the numerous prestigious universities in the center of Greece, renowned universities such as the University of Athens, the National Technical University of Athens, and the University of Economics and Business of Athens gather in the old city area, with abundant educational resources, attracting local and overseas residents to live and work here. Naturally, the rental rate of real estate is also quite high, with high occupancy rates for homestays or hotels near the Acropolis and Constitution Square, resulting in good returns. The housing prices in Athens are completely opposite to those in Chinese metropolises, with the city center often having the cheapest prices. There are few villas or luxury houses in this area, mainly small apartments. Europeans have a relaxed work schedule and ample leisure time. Most high net worth individuals often return to Athens, both north and south, to live after work. The city center has the highest foot traffic, and houses in this area are the easiest to rent out in the city.

To sum up, the advantages of Greek homebuyers mainly include the following:

1. The application requirements are simple, with no educational requirements or proof of funding source;

2. Without immigration monitoring, it can meet the needs of immigrants not to move;

3. Having Greek permanent residency allows free passage to 26 Schengen countries in Europe;

4. One person purchasing a house, a family of three generations obtaining Greek permanent residency status, with high cost-effectiveness

5. There is a prospect for property appreciation, which can be self occupied or rented out;

6. Children's education can advance, attack, retreat, and defend: seamless integration with European and American education, and admission to prestigious schools in Europe and America; Refusal can be granted as a Chinese overseas student with a low score to be admitted to a domestic first tier university.

In European and American investment projects, Greek immigration is a cost-effective option, which can not only obtain overseas identity but also generate returns on overseas property investment. If you have needs such as purchasing overseas properties, settling in Europe, planning for children's education, etc., you may want to seriously consider Greek immigration.