Food and agriculture, tourism, energy, information and communication technology and logistics are the most active sectors of the Greek economy that offer opportunities for investment. After a decade of economic crisis, Greece has now become a hotbed for investors. Microsoft, Amazon, Volkswagen, Pfizer and Cosco are some of the companies that have chosen to invest in Greece in recent years. The Elenikon investment project, the largest urban regeneration project in Europe, with a multi-billion budget has started in the south of Athens and is expected to be completed by 2026, and is expected to be one of the best investment opportunities in Greece, not only in the Attica region. but to have a positive effect on the economy of the whole country. Greek bonds are issued at the lowest interest rates and now is undoubtedly a good time to trade and invest in Greece.
Why invest in Greece?
Based on expert reviews, there are five main reasons why a potential investor should seriously consider investment opportunities in Greece. These reasons are:
Greece’s geostrategic position
Greece has been a constant target of great powers for centuries and since ancient times, because the most important and major trade routes pass through this country and Greece includes strategic passages.
Greece’s economic stability
As a member of the European Union, Greece is under the supervision of the European Central Bank, which ensures that inflation is maintained at a level that achieves currency price stability in the member countries. Investment opportunities in Greece have transformed this country from a growing economy to a top economy in the region in recent years, and Greece is now on the list of top countries to live in by buying a house.
Political stability of Greece
The European Union and NATO give Greece as a member state political stability and security, and this is an important guarantee for potential investors.
Greece’s Privatization Program
Greece has an active privatization program involving public organizations as well as other state-owned enterprises. Privatization offers opportunities for investors, but it can also be a positive sign for both workers and consumers, as it guarantees economic growth, creates new jobs and increases competition.
What are the most profitable investment opportunities in Greece?
Investing in Greece is possible in different ways, such as buying property in Greece, staying in Greece, registering a company, entrepreneurship, and so on. The Greek government has made changes in recent years to focus on attracting investments that will strengthen the national economy in all regions of the country. New types of investment opportunities in Greece include research and development, renewable energy and strategic acquisitions. In general, the following types of investment methods in Greece can be mentioned:
Investing in the food and agricultural sector of Greece
is one of the main export sectors of Greece, agricultural products. The role of private investors in this process can be significant, as they can maximize their competitiveness in European markets by providing capital and market access to Greek producers. Therefore, investing in the Greek food and agriculture sector can be the best investment in Europe for you. Mastaki, Kalamata olives, Kozani saffron, Agina pistachios, Greek yogurt, olive oil and honey are among the most important exports of this sector.
Investment opportunities in Greece in the food and agriculture sector:
Integrating and upgrading the supply chain,
developing and producing innovative products,
marketing and selling products in order to penetrate developed markets,
combining local production and technical knowledge with such investments can bring high returns, and investing in the food and agriculture sector is one of the best opportunities. It is considered as an investment in Greece.
Investing in Greek tourism
Greece is one of the top tourist destinations in the world. Maybe you have searched the internet at least once for the best time to travel to Greece. Greece’s rich cultural heritage, natural beauty and geographical diversity have attracted the attention of investors in recent years.
Investment opportunities in Greece in the tourism sector:
Tourism focusing on vacations on the sunny beaches of Greece,
marine tourism; Whether with private boats and ships or with tourist ships,
the establishment of tourist centers around the two cities of Athens and Thessaloniki for
cultural and religious tourism; Exploiting the historical, cultural and religious monuments and museums
of medical tourism in Greece, which offers an exciting growth opportunity with Greece’s skilled medical personnel.
Tourism Industry Events (MICE) where Greece acts as a meeting and conference center for regional associations and companies.
Large resorts: Apart from the development of existing tourist destinations, resorts are considered investment opportunities in Greece for obtaining residence permits by non-EU citizens.
Investing in the energy sector of Greece
Greece is located at the intersection of East and West and plays an important role in the energy sector of the region. The abundance of renewable energies (wind, hydro, biomass, geothermal, solar and solar thermal) combined with Greece’s ongoing large-scale infrastructure projects (TAP trans-Adriatic pipeline and oil exploration projects) means that the country It plays a key role in transferring energy to Western Europe, so the energy sector is considered one of the best investment opportunities.
Investment opportunities in Greece in the energy sector:
privatization of state assets,
creation of new infrastructure in natural gas transmission (liquefied gas terminals, gas pipelines, gas distribution systems),
participation in international public tenders for hydrocarbon exploration in different regions of Greece
. Renewable energy (wind, solar-thermal, biomass, geothermal, small hydroelectric power plant)
Energy efficiency investments
Project connecting the islands to the grid
Investment in the information and communication technology sector Greece
Greece is a country in the European Union with the best access to eastern producers such as China, Japan and Korea. This favorable location, along with logistics infrastructure and skilled workforce, makes the IT sector one of the best investment opportunities in Greece. The ICT sector in Greece offers numerous opportunities to invest in high-value-added services with global reach, taking advantage of the availability of skilled labor, existing knowledge and research capabilities, and strong infrastructure, business opportunities such as the establishment of software development laboratories. , or microchip design centers and microelectromechanical systems, data centers and research and development laboratories can be established with full government support and qualified personnel available to be highly productive in a very short period of time. Greek engineers have been placed in the top 20 groups of information and communication technology human resources worldwide by the Economist. Also, more than 70% of the Greek population speaks English. If you have a good financial budget and you have skills and experience in the field of starting a business and you want investment immigration, immigration through company registration in Greece is one of the best ways to obtain Greek residency with investment.
Investment opportunities in Greece in the information and communication technology sector:
Data centers
Call centers / service centers with English speaking staff
Development of software products
Assembly and distribution of ICT devices
Start-ups
Investing in Greece’s logistics sector
Greek shippers control the world’s largest merchant fleet. Greece, which is located at the intersection of the three continents of Europe, Asia and Africa, has long been a strategic node for the development of transportation in the region. The traffic of Southeast Mediterranean ports has grown by more than 8% annually. Greece’s geographical position as a gateway between East and West makes it a suitable option for investment in logistics and transportation.
Investment opportunities in Greece in the logistics sector:
Investing in Greek ports
Investing in rail and road transport
Investing in logistics centers
Investing in Greek real estate
The Greek Golden Visa program was launched in 2014. Applicants can get a 5-year residence permit by investing at least 250,000 euros. The most popular investment option is buying residential or commercial real estate. There are different ways to invest and get a Greek Golden Visa through real estate investment.
Investment opportunities in Greece in the real estate sector:
Buying real estate worth at least 250,000 euros
Renting a hotel or tourist accommodation for 10 years worth at least 250,000 euros
Buying land for construction or agriculture worth at least 250,000 euros
Buying property in Greece as a joint venture worth at least 250,000 euros Euro
Inheriting real estate or receiving it as a gift worth at least 250,000 Euro
Challenges and benefits of investing in Greece
Like any other immigration program, you should weigh all aspects before investing in Greece. Some of the challenges of investing in Greece and its benefits include:
With no language requirements
in the Greek Golden Visa program, the applicant is not required to learn the language to be approved for residency. One of the investment opportunities in Greece is the possibility of obtaining a visa without the need to know the Greek language.
Access to work opportunities in Greece
Although most investors do not live in Greece permanently, if you want to live in Greece, the visa does not allow you to work. If the applicant wants to work in Greece, he must choose another type of Greek visa for Iranians.
Taking advantage of special tax benefits
This is a unique plan that allows foreigners to avoid paying foreign income tax by paying annual tax all at once. Greece also has a double taxation agreement with 57 countries of the world, and if you use investment opportunities in Greece, you can benefit from tax exemption. Residents must spend more than 183 days a year in Greece to be considered a taxable citizen.
The ability to open an international bank account
Investors can open bank accounts in Greece that allow them to transact across Europe and freely access credit facilities.
Access to quality national services
Golden visa holders can access local health and education services for free as residents.
The possibility of visa-free travel to Schengen countries
When applicants and their dependents receive the Greek Golden Visa, this visa allows them to travel to the Schengen area for a maximum of 90 days in 180 days without the need for another visa; Therefore, if you use the investment opportunities in Greece, you can easily travel in the European Union.
Finally,
there are many ways to invest in Greece, one of the most popular of which is investing in property. By investing in Greek real estate, you have the chance to receive a golden visa that allows you to travel freely in the 27 countries of the Schengen area with your family. To stay in Greece by buying a property, you only need 250,000 euros. But according to the new rules, most likely from May 1, 2024, the minimum investment amount in Greek real estate will increase to 800,000 euros. If you are serious about taking advantage of the investment opportunities in Greece and immigrating to this country, the Stargate immigration consulting company is by your side so that the process of obtaining your visa is as fast as possible and before you have to pay 550,000 euros more than the current amount. be finished