In an interview with Le Figaro, Greek Prime Minister Alexis Tsipras stated: "In recent years, Europe has adopted many strict economic measures that have caused investors to suffer. However, Greece is very attractive to investors. During the years of the Greek crisis, the Chinese seized the opportunity to invest in Greece. In the economy, only the adventurous can succeed."
Tsipras believes that Greece now possesses a series of advantages that attract investors. He summarized: "We have carried out very important reforms and have our own advantages. Greece is located at the intersection of three continents, possesses a favorable geographical location and a good climate, is a country suitable for tourism, and is also suitable for investment in fields such as energy, communications, and new technologies. In addition, the Greek people are well-educated and active. Greece is an opportunity."
Moreover, various signals indicate that the Greek economy has gradually recovered, and investment opportunities are everywhere!
The Increasingly Powerful Greek Shipping Industry
Greece borders the Aegean Sea, with the Ionian Sea and the Mediterranean Sea to the southwest. It is located between the three continents of Europe, Asia, and Africa, and is the largest inland sea in the world. The shipping industry has always been developed, with the Greek fleet being the most prominent.
Over the past decade, Greek shipowners have invested a total of more than 100 billion US dollars in new shipbuilding. As of early October, the total value of their order book reached 15.2 billion US dollars, second only to Japanese shipowners' 20.1 billion US dollars, ranking second in the world. Ranking third are Chinese shipowners with 15 billion US dollars. In the first 9 months of this year, Greek shipowners ordered another 86 new ships, returning to the top spot globally.
As cash becomes increasingly abundant, Greek shipowners will continue to order and purchase ships, and the pace of fleet renewal and expansion continues. As one of the country's most important pillar industries, the revival of the Greek shipping industry also confirms the current status of the Greek economic recovery.
Greece's Tourism Industry is Booming
According to statistics from the Greek tourism department, the number of foreign tourists visiting Greece in 2016 increased by 7.6%, reaching 27 million. It is expected that the number of visiting tourists this year will exceed 30 million, with the potential to achieve double-digit growth, marking the fourth consecutive year of growth exceeding 7%, and tourism revenue will rise significantly. The continuous deepening of China-Greece exchanges has led to an increasing number of Chinese tourists flocking to Greece. From June of last year to May 2017, a total of 16,369 Chinese tourists visited Greece, ranking sixth among all populations. The recently launched Alipay service in Greece will also greatly facilitate and attract more Chinese tourists.
Greek Real Estate Attracts Chinese Investors
According to data from the Bank of Greece: from January to April 2017, the funds flowing into Greece from abroad for the purchase of Greek real estate reached 135 million euros, an increase of 51.7% compared to the same period last year. The total for the whole of 2016 was 270 million euros, an increase of 45% over 2015.
Among investors from non-EU countries, especially those from China, the investment demand for Greek real estate continues to rise. The Greek property purchase immigration policy is relatively relaxed. As one of the popular choices for investment immigration, Greece is also the birthplace of European civilization and has a sound EU education system. Investors only need to invest a certain amount in real estate to obtain a Greek permanent residence card for three generations of their family. Not only can they obtain certain investment returns, but after obtaining Greek permanent residency, the investor's children can enjoy free education in Greek public schools. Furthermore, Greece has a sound prevention and emergency system, and the healthcare system is very complete. Investing and immigrating to Greece offers many benefits.
The "Belt and Road" Policy Deepens China-Greece Trade Exchanges
Economic and trade exchanges between China and Greece are constantly heating up. The "Belt and Road" development strategy is continuously being implemented. As a fortress of the Maritime Silk Road and a gateway to Europe, Greece has become an important fulcrum for Chinese capital to enter Europe. In the first half of 2016, the bilateral trade volume of goods between China and Greece reached 1.81 billion US dollars, a year-on-year increase of 9.7%.
Convenient Greek Flights, Closer International Exchanges
On September 30, a direct flight route between Beijing and Athens was opened, further shortening the distance between China and Greece. Recently, relevant Greek officials stated that Greek airlines will further expand the international market in 2018. They plan to add 18 new international flights departing from the capital, Athens, 11 new destinations, and 700,000 new seats in 2018.
Greece to Further Lift Capital Controls
According to local media reports, Greek Finance Minister Euclid Tsakalotos has currently signed a decree on further eliminating the country's capital controls. The decree stipulates that from December 1, 2017, Greek residents will be able to withdraw 100% of funds remitted from abroad into their existing accounts within Greece.
From the above data, it can be seen that the Greek economy is warming up, and Greece is also highly favored by the Chinese. Investing in Greece is the perfect time. Greek property purchase immigration, high-quality life, and investment appreciation are coming immediately! Now is a period when the processing cycle for Greek immigration is relatively short and fast. The island properties launched by WorldWay offer a 5-year lease with a 7% annual return, meaning investors can recover 35% of their profits in 5 years, which is equivalent to investing only 160,000 euros to immigrate to Greece with three generations of their family.
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