According to the Greek media outlet "Kathimerini," following Microsoft's recent major investment in a Greek data center, Greece, a hotspot for investment, has welcomed another international giant! Recently, the global giant Amazon Web Services announced that it will establish a branch in Athens in January 2021.
Reports state that Amazon Web Services, which has already entered the Greek market, is active in cloud technology with an operating turnover exceeding $40 billion.
The Greek government has formulated five strategies to fully attract foreign investment
With Microsoft and Amazon successively increasing their investments in Greece, and based on these strong investment advantages, the Greek government hopes to attract more high-tech companies and professionals from related economic sectors to set up in Greece. To this end, it has formulated five major strategies and launched multi-pronged investment services.
To achieve these goals, the strategy will focus on five key areas. The first is tax incentives. After cutting taxes and social security contributions in 2019 and 2020, the government plans to reduce contributions by another 3% in 2021 and has suspended the solidarity tax to this end.
The second is to strengthen the construction of technological infrastructure, such as advancing the 5G tender process by the end of the year, as well as increasing fiber optic installation and network speeds.
In addition, the Greek government has formulated further strong measures in three other areas, including accelerating judicial justice, strengthening institutional reliability, and increasing the efficiency of license issuance by reducing bureaucracy.
A recovering Greece will continue to be an investment hotspot
On one hand, Greece is continuously introducing relevant policies to comprehensively attract foreign investment; on the other hand, its economy continues to gain momentum, ensuring that Greece remains a hotspot for investment. According to the "World Economic Outlook" recently released by the International Monetary Fund (IMF), the Greek economy is expected to grow by 4.1% in 2021. According to IMF forecasts, affected by the pandemic this year, Greece's current account deficit will reach 7.7% of its GDP, and this figure is expected to drop to 4.5% of GDP next year. Regarding the unemployment rate, it may reach 19.9% this year, but it will fall to 18.3% next year, while the inflation rate will remain in negative territory this year at -0.6% and will return to positive growth (0.7%) next year.
In recent years, with the continuous recovery of the economy, Greece has attracted numerous well-known companies such as Microsoft, Xiaomi, Alibaba, Fosun Group, and COSCO Shipping. Furthermore, thanks to the support of the Greece Golden Visa policy, the country has also attracted an increasing number of international investors.
Currently, through the Greece Golden Visa program, investors can invest in property starting from 250,000 euros. This not only allows the applicant's family of three generations to apply for Greek permanent residency and enjoy freedom of movement across 26 Schengen countries, but also allows them to enjoy Greek social benefits such as education and healthcare, while acquiring property with permanent title deeds to establish a second home overseas. It is truly a multi-benefit solution.
In 2020, the Greek government also introduced multiple investment immigration incentive policies, such as simplifying the application process, shortening waiting times, and extending the validity of residence permits, which has strengthened the confidence of investors in handling Greek immigration. If you have needs regarding health planning, education, retirement, or asset allocation, you must take action in advance. Now is the best time to invest in Greece! November is a prime period for Greece's property-based immigration offers. Opportunities are rare, and there are grand gift packages available for property purchases. Interested parties should seize the opportunity in time!
Worldway Group, one of the Top 500 Asian Brands and one of the earliest immigration agencies to introduce the Greek property investment immigration program to China, is once again collaborating with powerful Greek developers to introduce another blockbuster Greek property immigration project to investors—The Athens Seaside Apartments Phase 2 is launching with a bang. It is worth mentioning that Phase 1 of this project, previously promoted by Worldway, was highly favored by investors and was sold out shortly after its launch.
Athens Seaside Apartments Phase 2
Brand new high-end buildings in the Athens area, suitable for both rental and self-occupation
Located in a popular area for long-term and summer rentals with broad prospects
Near the light rail station, with convenient transportation, a good regional environment, and complete living facilities
Purchase property from 250,000 euros and apply for permanent residency in Greece for the whole family of three generations
Brand new high-end buildings in the Athens area, suitable for both rental and self-occupation
The project has 7 floors and offers 10 apartments, including 6 two-bedroom apartments and 4 three-bedroom duplexes, all featuring high-end design. The surrounding environment is excellent with complete supporting facilities, numerous five-star hotels, and several light rail stations. Transportation is convenient, providing easy access to all parts of Athens, making the apartments suitable for both rental and self-occupation.
Distance to the Stavros Niarchos Foundation Cultural Center—120m
Distance to the light rail station—1.1km
Distance to Flisvos Marina—2km
Distance to the Acropolis of Athens—4.4km
Located in a popular area for long-term and summer rentals with broad prospects
The project is situated in a superior area of the Athens coast, adjacent to the Stavros Niarchos Foundation Cultural Center, the National Opera, and the National Library. It is close to the beach and the luxurious Flisvos Marina. All major facilities and the famous Aegean Sea are within walking distance, making it a popular area for long-term and summer rentals with broad prospects.
Project renderings (the following images are for reference, please refer to the actual delivery)
At the same time, Worldway also works with powerful Greek developers to introduce a variety of high-quality properties to investors, such as brand new apartments in the center of Athens and rare ready-to-move-in high-end residences in Athens, satisfying the needs of different investors.
There is no need to elaborate on how popular Greek real estate is! Not missing out is the best investment! Currently, you can enjoy grand discounts on the Athens Seaside Apartments Phase 2. Availability is limited, first come, first served! 2020 is the Year of Health Planning; prioritize health and identity by choosing Greek property immigration. For more details, please consult: Mainland China: 400-138-2929 Hong Kong: (852) 2802 8798.
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