UGLOBAL.COM
There are 13 international schools in Athens, the most
popular being British and American schools. Graduates of
these schools receive offers from top universities around
the world, which shows how successful the teaching is at
these campuses. Compared to international schools at
many other countries, attending an international school in
Greece is competitive in both its teaching quality and low
costs. The average tuition fee in Greece is only half the price
of an international school in China, for instance. Applicants
also face less competition and may have a more diverse and
stress-free study environment in Greece.
When it comes to passive income, this is a very fortunate
and popular by-product of the real estate route. It allows
an investor to be minimally involved in the maintenance
and upkeep of their investment. Whether that is having
a property management company handle your property
or hiring people to run your business, the Golden Visa
program allows you to be as involved or uninvolved as you
wish. In addition to this, investors are allowed to rent out
their property or operate their business from the first day,
which means there is no time wasted when it comes to
gaining your investment back.
Golden Visas also help investors’ abilities to move
abroad at any given point. This is a very important factor
for families that may need an option like a new home
in Greece. There is also visa-free travel, an undeniable
and straightforward benefit. The visa gives essentially
a permanent and unlimited travel permit that’s valid in
every Schengen Area country. For travel purposes, this is
equivalent to a European passport.
FACTORS TO CONSIDER
The driving forces behind the desire to have a foothold in
Europe are a constant. However, any serious investor must
also consider timing. When considering the circumstances
of the Greek economy, 2019 is overall in a positive state.
Greece is getting ready to move on after the recent exit of
the Memorandum. The 10 years of financial turmoil have
created a lot of issues. Prices hit rock bottom, especially for
real estate. Businesses were shut down. Salaries decreased.
Due to this, the Greek state, through its representatives, is
more and more engaged to create a friendly environment for
foreign investors.
The Greek government has taken a proactive role in charting
a determined course for Greece that is friendly to investment,
promotes growth and welcomes new business. The next
decade is poised to experience sustained growth in tourism,
information and communication technology, energy,
environmental sciences, food, beverage, agriculture, logistics
and life sciences. Greece’s exceptional human capital,
advanced infrastructure, geostrategic position and potential
for economic expansion are attracting investor interest from
around the world.
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