According to a recent statistical report released by the Hellenic Statistical Authority, Greece's GDP grew by 16.2% year-on-year in the second quarter of 2021, driven by consumption, private investment, and exports.
Nikos Magginas, an economist at the National Bank of Greece, stated: "The performance of the Greek economy in the second quarter exceeded expectations; we had previously projected an annual growth rate of 13.0% for the second quarter." He attributed the outstanding performance of the Greek economy in the second quarter of this year to an increase in consumer spending and a strong recovery in investment activity.
Greek Minister of Finance Christos Staikouras stated that the new data indicates that Greece's actual economic performance will be better than previously projected. The Greek government had previously forecast economic growth of 3.6% for this year.
According to a report previously released by the Bank of Greece, Greece's tourism services sector recorded a surplus of 826 million euros from January to June this year, with a surplus of 689 million euros in June alone, a significant increase compared to the same period last year.
In June of this year, tourism revenue in Greece grew from 83 million euros in June of last year to 791 million euros, an increase of 851.8%. The Bank of Greece stated that the growth in tourism revenue in June was mainly due to a 317.1% year-on-year increase in inbound passenger traffic and a 124.8% year-on-year increase in average expenditure per trip.
It is evident that not only is Greece's economic growth better than expected, but its tourism industry is also experiencing a strong recovery. Recently, Greece was once again ranked at the top of the 7th annual "Most Popular Tourism Country" list for 2021 by Global Traveler magazine. This demonstrates that global travelers widely recognize the high-quality tourism experience provided by Greece, which indirectly indicates that there is huge demand in the Greek tourism market and also means that foreign tourists still have a special preference for island tours in Greece.
In fact, as one of the world's well-known tourism, vacation, and honeymoon destinations, Greece has always been favored by global investors and has also fascinated tourists from all over the world. Previously, the Hellenic Society for the Protection of Nature announced that 545 beaches, 16 marinas, and 6 tourism boats in Greece were awarded the "Blue Flag" status this year, with the number of "Blue Flag" beaches ranking second in the world.
As Greece returns to normalized travel, it will attract more tourism enthusiasts and investors! At that time, tourists from various countries will flock to Greece for vacations, which will promote the continued recovery of local homestays, hotels, and rents, and drive the development of the local real estate market. For those who want to enter the Greek real estate market and invest in Greece, this is undoubtedly a major benefit!
Currently, through the Greece Golden Visa program, investors who invest in properties starting from 250,000 euros can not only apply for permanent residence visas for three generations of their family, travel freely through 26 Schengen countries, and enjoy social welfare benefits such as education and medical care in Greece, but also acquire properties with permanent property rights in Greece and establish a second home overseas, which can be described as achieving multiple goals at once.
Most importantly, by immigrating to Greece, children can attend international schools or participate in the Joint Entrance Exam for Overseas Chinese Students, allowing them to easily enter top-tier universities such as 985 and 211 institutions and enjoy mainland higher education! Ten years of hard study is not as effective as easily entering a prestigious university with an overseas identity. An identity not only allows children to grow up in a high-quality overseas educational environment but also provides them with a better choice when facing university decisions. It is worth noting that if you want your child to participate in the 2024 Joint Entrance Exam for Overseas Chinese Students, the planning for Greek permanent residence status has already entered the countdown stage, and you need to start configuring your status now.
Sometimes choice is more important than effort! One investment brings multiple rewards. Now is the promotional period for Greece property investment immigration. Opportunities are rare, and you can receive a gift package upon purchasing a property. Interested parties must seize the opportunity in time!
Athens Seaside Apartments
◆ Brand new building, located in a popular area for long-term and summer rentals, suitable for both renting and self-living
◆ Very suitable for family living, combining seaside life and international schools
◆ Near light rail station, convenient transportation, and complete living facilities
◆ Purchase property from 250,000 euros, and three generations of the whole family can apply for Greek permanent residence
At the same time, Worldway also works with powerful Greek developers to recommend a variety of high-quality properties to investors, such as brand-new apartments in the center of Athens, to meet the needs of different investors.
Investing in Greece is just the right time. There are many popular properties for you to choose from. Buy a property now and get a gift package. Interested parties must seize the opportunity in time! For more details, please call the Worldway service hotline. Mainland China: 400-138-2929, Hong Kong, China: (852) 2802 8798.
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