Mobestate retirement
After a well-filled professional life, it is thoroughly deserved to fully enjoy retirement under the best possible conditions. While the current situation makes this endeavor increasingly complicated in many countries, there are still a few havens of tranquility, and Greece is one of them.
Long considered a secondary vacation destination, Greece evolved in the shadows to become the preferred destination for European retirees. Indeed, given the numerous advantages that this country offers, it is not difficult to understand the reasons behind such a choice.
Greece within a few words
Located in southern Europe, between the Ionian Sea and the Aegean Sea, Greece enjoys over 300 days of sunshine per year, giving its landscapes a postcard-like appearance. Despite its 15,000 kilometers of coastline and 170 inhabited islands, it has just 11 million citizens, making it a still calm and preserved country.
With a so-called 'Mediterranean' culture, the local population, warm and welcoming, is a crucial key point, ensuring easy integration for foreigners wishing to settle there. Accustomed to tourism, Greeks often speak multiple languages, with English, French, and Italian ranking at the top.
Renewal of national infrastructure
Driven by a rapidly developing economy, Greece has heavily invested in the development of its infrastructure, both in the transportation and healthcare sectors. A large number of healthcare professionals are available throughout the country.
With 17 international airports and 18 domestic ones, Greece is just a 1-hour flight from Italy, 2 hours from France, 3 hours from Switzerland, and less than 4 hours from England or Germany. As an easily accessible and pleasant destination, it ensures regular contact for foreign retirees with their families.
Enjoying Retirement :
purchasing power in Greece
In recent years, the devaluation of the Euro, the widespread rise in prices, and the resulting social unrest have turned this much-anticipated period of retirement into a cause for concern. Indeed, it is becoming increasingly challenging for retirees to fully enjoy a well-deserved rest.
Fortunately, Greece remains a unique space, where tranquility and accessibility are preserved. The economy, driven by tourism, has been on a constant rise for about a decade, positively impacting the social climate of the country. Regarding the cost of living, it remains 25% to 30% cheaper than in Western Europe.
Tax Benefits: A Helping Hand for Retirees
After improving its healthcare system, Greece decided to take an additional step towards retirees wishing to enjoy the charms of the country. Since 2020, foreign retirees choosing to live in Greece benefit from a reduced tax rate of 7% for 15 years.
In addition to this measure, another advantage that comes with affordable property access is the absence of inheritance tax. These measures, combined with the numerous other benefits the country offers, have made Greece the favorite living destination for European retirees for several years now.
Living abroad with ease thanks to Mobestate
Even if the destination of your dreams offers only advantages, moving abroad remains a delicate process. Ideally, you need to know the regions to find the ones that suit you, be aware of administrative and legal specifics, have one or more contacts on site to assist you...
To spare you from such complexities, Mobestate provides you with its entire teams. Real estate agents, lawyers, notaries, and advisors—Greek and perfectly fluent in French—they will be able to assist you in all your proceedings throughout our partnership.