Moving to Greece was already an appealing prospect due to its beautiful whitewashed towns and clear blue waters. However, it could be more attractive now the Greek government has proposed an incentive for overseas pensioners.
The incentive is a 7% base tax rate on all income, for overseas pensioners who spend more than six months of the year in Greece. This lasts for 10 years and to be eligible, retirees will need to come from a country that has a double-taxation treaty with Greece, such as the UK, and prove their pension status.
So, if you were thinking of buying in Greece before, or if the prospect has just become a lot more appealing, here are the best places to buy in Greece.
Often overlooked as a holiday destination, Athens is a great location to move to. With great airport links, access to plenty of amenities and the best healthcare options, there’s no wonder that Greece’s capital is high on the list for expats. You’ll also be living in a city full of beautifully historic buildings and monuments, and for a weekend in a quieter location, there’s easy access to the Greek islands from here.
Corfu is home to more expats than any other part of Greece. So, if you’re looking for a lively community, this could be the place for you. The capital has all of the amenities you require, whilst the rest of the island boasts stunning beaches and scenery. The north of the island is traditionally the place for holiday homes, whilst the south is more touristy. However, with resorts all over, you can expect to see tourists in peak seasons.
The island of Crete is also very popular with expats, is a great option if you want to find a community. Communities are spread throughout the island but, like Corfu, are mostly concentrated in the north. It goes without saying that Crete’s beaches are second to none, but head inland and you’ll encounter stunning rolling hills and mountains. Heraklion, the island’s capital, is a city that has many things to offer for expats and the island as a whole offers excellent cuisine at reasonable prices.
If you’re looking for true peace and tranquillity, look no further than Hydra. Motorised traffic is prohibited on the island and one of the main modes of transport is riding a donkey! Stretches of unspoilt sandy beaches and secluded coves are dotted all over, and the town boasts many restaurants, bars and shops to keep you busy.
Mykonos is known for its nightlife and is popular with tourists who are looking for a lively week away with friends. However, it’s also a favourite with expats who are there to enjoy its whitewashed towns and beautiful beaches. A great residential area to settle in would be Alefkántra (Little Venice), an 18th century district. The capital, Hóra, is ideal for wondering around cobbled marbled streets and enjoying the lively waterfront.
If you would like further advice on the selling process in Greece, download your free Greece Guide.
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