Can I live in Greece if I own a property?
Can I live in Greece if I own a property? Yes, you can get a residence permit in Greece if you buy a house. However, the house you're going to buy should be €250,000 or €500,000 minimum (depending on the location) to be able to qualify for Greece residency. If the house you're buying costs less, you'll not be able to apply for Greece Golden Visa program.
What are the disadvantages of living in Greece?
The most remarkable cons of life in Greece include high bureaucracy levels, frequent strikes and demonstrations, unemployment, and underwhelming tourist traps. How expensive is Greece? The price levels in Greece are 12% below the EU average.
Can I retire and live in Greece?
Can US Citizens Retire In Greece? Yes, US citizens can easily retire in Greece. As an American citizen, you can enter Greece without a visa for 90 days and apply for a residence permit during this time while in the country. However, if you plan on staying longer than 90 days, you need a Greece Visa.
How long can you stay in Greece if you own a property?
You can get a residence permit if you own a property in Greece. With this document, you are allowed to stay in Greece for as long as you want. However, you need to renew your residence permit every five years.
How much money do you need to retire on a Greek island?
How Much Money Do I Need to Retire In Greece Comfortably? All in all, you can expect to live comfortably on a budget of 2,000 Euro per month, which includes average monthly costs and rent for a one-bedroom apartment in the city center of Athens.
Can I live in Greece all year round?
Whether you're a short-term visitor or aspiring expat, Greece has it all: outstanding year-round weather, affordable accommodation, superb food, friendly locals, and amazing history.
What income do you need to live in Greece?
Rent excluded, the average living expenses for a single person in Greece is around €600 per month. If you're a university student, you'll need about €500 monthly. Whereas a family of four might need about €2,000 per month.
How does the 90 180 day rule work?
According to the 90/180-day rule, non-EU/EEA nationals can stay in EU member states of the Schengen Area for a maximum of 90 days within any 180-day period. The rule applies to cumulative stays within the Schengen Area and is calculated backward from the date of entry.
Can I live in Greece for 6 months?
Citizens. If you wish to stay in Greece for longer than 90 days within a 180-day period, you should apply for a visa at Greek Embassy or Greek Consulate prior to your arrival in Greece. Visas may be issued for property owners, students, employment, athletes, coaches, etc.
How much money do you need to retire comfortably in Greece?
How Much Money Do I Need to Retire In Greece Comfortably? All in all, you can expect to live comfortably on a budget of 2,000 Euro per month, which includes average monthly costs and rent for a one-bedroom apartment in the city center of Athens.
What is the 7 year law in Greece?
After living in Greece for at least 7 years, residents permit holders may apply for Greek citizenship.