Greece has emerged as the dark horse of the European real estate investment migration market. While the Greek immigration policy is lenient, it remains an investment-based program with many intricacies that require careful attention to ensure you do not end up with a problematic Greek residence permit. We have specifically compiled the latest essential details for those immigrating to Greece, helping investors avoid pitfalls and secure a reliable status.
I. Mandatory Entry and Exit via Designated Ports
All individuals must enter and exit through designated ports. When entering, foreign nationals must hold a passport recognized by international treaties or other travel documents. If a visa is required, it must be affixed to the passport or travel document.
II. Foreign Exchange Control
Greece is a country with foreign exchange controls. Gold and foreign currencies can be freely brought into the country; however, amounts exceeding $1,000 must be declared. If the amount is not declared at the currency control window upon entry, only $1,000 may be carried out upon departure. Greek customs may conduct spot checks during exit, so honest declaration is required.
III. Daily Life Considerations
1. Time Zone
Greece is in the Eastern European Time Zone (UTC+2), which is 6 hours behind China. Please adjust your schedule accordingly after arrival.
2. Voltage
Greece uses round electrical sockets. Travelers from China should bring a plug adapter for convenience.
Most investors are primarily concerned with the potential value of Greek real estate. Currently, Greek property prices are at a historical low, making it an excellent time for investors to enter the market. Coupled with Greece's high-quality living environment and standard of living, purchasing property in Greece is an excellent choice for both personal residence and investment purposes.