Greece, the country in the Mediterranean and occupying the southern part of the Balkan Peninsula in southeastern
Europe. Greece is composed of two main peninsulas and some thousand islands in the Aegean (east) and the Ionian seas (west of the mainland). The country is bordered by Albania, Bulgaria, Turkey and North Macedonia. Greece shares maritime borders with Cyprus, Egypt, Italy and Libya.
Greece is famous for its ancient philosophers, like Plato, Pythagoras, Socrates and Aristotle, to name just a few. It is known as the birthplace of democracy in the West; they invented the Olympic Games and theatre. Ancient Greeks invented monumental temples with Greek columns.
Greece is home to 18 UNESCO World Heritage sites, 16 cultural and two mixed.
The Acropolis of Athens and its monuments are considered the universal symbols of the classical spirit and classical civilisation. The temple complex on a hill in the middle of Athens is the
largest architectural and artistic group of monuments that Greek antiquity has left to the world. In ancient times, strong fortification walls surrounded the summit of the Acropolis hill.
Year-Round Tourist Destination
Greece has always been near the top of the tree when it comes to popular travel destinations. Greece has an abundance of resources that tourists with ecological and cultural interests will find very attractive.
Most attractive: Athens, the capital with the Acropolis complex, the Ionian Islands, the Cyclades, the Dodecanese islands and the Sporades.
Famed as a sun-drenched location for beachside holidays in the summertime, Greece is fast becoming known as a year-round destination, not only offering northern Europeans (and others) a much-needed dose of sun in the depths of winter, but the country is also famous for Greek food and wine, also serving up a wide range of attractive destinations in its hitherto unspoiled mountainous regions.
Also, Greece is the most affordable skiing destination in Europe, with average daily costs a staggering €200 cheaper than the more upmarket resorts in the Swiss Alps.
Crete Island
Crete, the most famous island in Greece is currently among the world’s top 10 destinations for adventure, nature and wellness tourism. Ranked alongside the likes of Bali in Indonesia, and Portugal’s Algarve, Crete continues to be the ‘jewel in the crown’ when it comes to Greek tourism, offering visitors an unparalleled variety of holiday experiences, from bucolic mountainside villages to popular coastal resorts.
Tourism & Investment
Greece has been a tourist hotspot for decades, but in recent years it has also become an increasingly attractive destination for foreign investors. With its strategic location, strong economy, and investment-friendly policies, Greece has emerged as an investor’s paradise.
Indeed, Greece boasts hundreds of thermal springs, making it an attractive option for those wishing to invest in the rapidly expanding global health and wellness tourism market. While Greece does not currently have the necessary infrastructure to accommodate millions of tourists willing to pay handsomely for such services – a whopping trillion dollars globally over the next five years – municipalities across the country are scrambling to develop spa complexes and specialist resorts in their respective regions; the advantage being that they can operate on a 12-monthly basis.
Greece’s tourism industry is particularly noteworthy, with over 30 million visitors per year. The country’s stunning beaches, ancient ruins and vibrant culture are just some of the attractions that draw tourists from around the world. But the tourism industry is also a major driver of economic growth, providing jobs and driving demand for a range of goods and services.
Investor Friendly Environment
In addition to its strong economy, Greece also offers a range of investment-friendly policies. The country has a flat corporate tax rate of 24%, which is one of the lowest in Europe. Greece also offers a range of tax incentives and exemptions for foreign investors, making it an attractive destination for businesses looking to expand into new markets.
Greece’s government has made a concerted effort to improve the country’s business environment in recent years. This includes reducing bureaucracy, simplifying regulations and creating a more investor-friendly legal framework. These efforts have paid off, with Greece ranking 61st in the World Bank’s ‘Ease of Doing Business Index’ in 2021, up from 79th in 2020.
Rising Real Estate Market
Rising prices in the real estate market can be a strong indicator of development in a country, and this is true for Greece. As the economy recovers and the country stabilises, demand for real estate has been steadily increasing. This has led to an increase in property values, with prices rising in major cities like Athens and Thessaloniki, as well as in popular tourist destinations such as the Greek islands. This trend is a positive sign for the Greek economy, as it indicates that investors have confidence in the market and are willing to put money into real estate. Furthermore, as property values continue to rise, it may encourage further development and growth in the country’s real estate sector.
Investor’s Paradise
All of these factors combine to make Greece an investor’s paradise. With its strategic location, strong economy, investment-friendly policies and growing tourism industry, Greece offers a range of opportunities for investors looking to expand into new markets. Whether you’re interested in the Golden Visa program or other investment opportunities in Greece, the country’s future looks bright for those willing to take the plunge.
