Recently, data released by the Hellenic Statistical Authority showed that Greece's Gross Domestic Product (GDP) grew by 8.3% in 2021. In a joint statement, Greek Minister of Finance Christos Staikouras and Minister of Development and Investments Adonis Georgiadis stated that despite a relatively unfavorable environment, the Greek economy still achieved a strong recovery in 2021.
In addition, the Bank of Greece released the housing price index for the fourth quarter of 2021. The data shows that compared to the same period in 2020, apartment prices in Greece rose by 9.1% in the fourth quarter of 2021, with Athens seeing the highest increase at 10.5%. Prices for new apartments (under 5 years old) rose by 9.8% in the fourth quarter of 2021. Overall, the Greek real estate market continued to perform strongly in 2021, with an average annual growth rate of 7.1% for apartment prices.
As one of the world's well-known destinations for tourism, vacations, and honeymoons, Greece has always been favored by global investors and has captivated tourists from all over the world. In fact, it is not just Warren Buffett who is optimistic about the investment prospects in Greece; numerous well-known companies such as Fosun Group, Amazon, Microsoft, Xiaomi, Alibaba, and COSCO Shipping have already invested and established a presence in Greece!
According to data from the Greek statistical website, Greece received a net inflow of direct foreign investment exceeding 5 billion euros in 2021, an increase of 74.3%. The record level of foreign direct investment confirms that the Greek economy is on an upward trend, which is the result of successful efforts made in recent years to attract foreign investment to Greece.
Meanwhile, the international rating agency Fitch Ratings announced that it has maintained Greece's sovereign credit rating at "BB" and upgraded the outlook from "stable" to "positive." According to Fitch, the Greek economy is expected to continue its recovery in 2022, with economic growth reaching 4.1%, and a similar growth rate is expected for 2023. The international financial market generally believes that as long as the EU recovery funds are utilized effectively, reforms are deepened, and political stability is maintained, Greece's sovereign credit rating is expected to be upgraded to investment grade in 2022. In addition, the internationally renowned rating agency DBRS also recently announced that it has upgraded Greece's sovereign credit rating from "BB" to "BB+".
It can be seen that while the world is experiencing an economic winter, Greece is bucking the trend, working to improve its own strength while delivering multiple impressive results. Currently, positive signals are frequently appearing for investment in Greece, and visionary investors have already taken the lead in entering the Greek real estate market. If you also have needs for overseas status, asset allocation, or children's education, you must act in advance!
Currently, through the Greece Permanent Residency Program, investors can invest in properties starting from 250,000 euros. Not only can they apply for a Greek permanent residence visa for three generations of their family, allowing them to travel freely through 26 Schengen countries, but they can also enjoy social welfare benefits such as Greek education and medical care, while also acquiring properties with permanent property rights in Greece to establish a second home overseas. It is truly a multi-benefit investment.
At the same time, by immigrating to Greece, children can also participate in the Joint Entrance Exam for Overseas Chinese Students based on their overseas Chinese status, easily enrolling in top-tier universities such as 985 and 211 institutions, and enjoying mainland higher education! Ten years of hard study is not as good as easily entering a top university with an overseas identity. One identity not only allows children to grow up in a high-quality overseas educational environment but also provides them with more high-quality choices when facing university decisions. One investment brings multiple rewards. Now is the preferential period for the Greece property investment immigration program. Opportunities are rare, and you can receive a gift package upon purchasing a property. Interested parties should seize the opportunity in time!
As one of the top 500 Asian brands, WorldWay Group, as one of the earlier immigration agencies to introduce the Greek property investment immigration program to China, has once again joined hands with powerful Greek developers to grandly recommend another heavyweight Greek property investment immigration project—ready-to-move-in apartments on the Athens Riviera, suitable for both renting and self-occupation.
Athens Riviera Ready-to-Move-in Apartments
Located in the potential area of the Athens Riviera, with an excellent location
Convenient transportation, easy access to all areas of Athens
Perfect surrounding facilities, enjoy a quality life
Overlooking the Acropolis of Athens and the charming coastal scenery
Purchase a property from 250,000 euros to apply for Greek permanent residency for three generations of the family
The property project images are for reference only, and the actual delivery shall prevail.
At the same time, WorldWay also works with powerful Greek developers to recommend a variety of high-quality properties to investors, such as apartments in the center of Athens, to meet the needs of different investors.
For more details, please send us a private message in the comment section or call the WorldWay service hotline: Mainland China: 400-138-2929, Hong Kong, China: (852) 2802 8798.
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Investment involves risks, and the above information is for reference only.