Why Choose Greece?
Greece is all about balance: stunning landscapes, ancient history, and a low cost of living. Whether you’re in a bustling city or a quiet coastal village, the Mediterranean lifestyle means sunshine, healthy food, and a relaxed pace of life. Plus, it’s more affordable than many parts of Europe. Living costs, especially outside tourist-heavy areas, can be surprisingly low—think fresh markets, cozy tavernas, and reasonable rent.
Visas & Residency: What Do You Need?
If you’re planning to stay longer than 90 days, you’ll need to get your paperwork in order. EU citizens can move freely, but if you’re from outside the EU (like the UK post-Brexit), you’ll need a visa. Greece offers several options, like the standard long-term visa or even a “Golden Visa” for property buyers who invest at least €250,000.
Looking to stay long-term? Residency is quite achievable, especially for retirees or those planning to work. For example, retirees can apply for a financial independence visa, and after seven years of continuous residence, you can even apply for Greek citizenship.
Finding Your Dream Home
Greece has something for every taste and budget. Whether it’s a beachfront villa or a cozy countryside home, property in Greece can be quite affordable compared to Western Europe. When buying property, having a good local lawyer is a must to navigate the complex bureaucracy. Properties in tourist areas, like Mykonos or Santorini, can be pricier, but lesser-known gems offer fantastic value.
Before you buy, it’s essential to understand property taxes and ongoing costs. Ownership fees in Greece are low, but taxes like ENFIA (property tax) should be considered. Plus, there are restrictions on foreign ownership in certain areas, especially near borders and islands, but these are easily managed with legal advice.
Healthcare in Greece: What’s the System Like?
Greek healthcare is modern and of high quality. Public healthcare is accessible to residents, but many expats opt for private health insurance to avoid waiting times. Private healthcare is relatively affordable, with many doctors trained internationally. EU citizens can use the European Health Insurance Card (EHIC) for short-term coverage, but if you’re staying long-term, registering with the public system (EOPYY) is essential.
For non-EU expats, private insurance is a good safety net until you establish residency. There are also options for global health insurance if you want coverage beyond Greece.
Living Costs: How Far Does Your Money Go?
Living in Greece is cheaper than many European countries, but your lifestyle will affect how far your money goes. If you’re in Athens or other big cities, expect higher rents, especially in trendy neighborhoods like Kolonaki. But in rural or less touristy areas, prices drop significantly. On average, a couple can comfortably live on €1,500–€2,000 per month, including rent, utilities, and groceries.
Utilities are reasonable, with internet and mobile phone services being widely available and relatively inexpensive. Eating out is a huge part of Greek life, and dining at a local taverna won’t break the bank. You’ll find delicious food, including fresh seafood and local produce, at a fraction of the cost you’d pay in most other European countries.
The Language: How Important is Greek?
Greek is a tricky language, but you’ll find that most people in urban and tourist areas speak English, especially the younger generation. However, making an effort to learn basic Greek will go a long way in winning over locals and making daily life easier, especially in rural areas. Plus, learning a few phrases can help you feel more at home in your new country.
Transport and Getting Around
Greece has a well-connected public transport system, especially in larger cities like Athens and Thessaloniki, where buses and metros are reliable and affordable. For island hopping, ferries are the main mode of travel, and domestic flights are frequent between major islands and the mainland.
If you plan to drive, remember Greece drives on the right-hand side, and you’ll need an international driving permit or a Greek license if you’re staying long-term. Roads are generally in good condition, but narrow winding roads in rural areas can be a bit challenging at first!
Taxes and Finances
If you live in Greece for more than 183 days a year, you’ll be considered a tax resident. Greece has double-taxation agreements with many countries, which can help avoid being taxed twice on the same income. For retirees, pensions can generally be transferred and taxed at a flat rate of 7% for the first ten years.
When buying property, keep in mind that you’ll be subject to transfer taxes, as well as annual property taxes. Banking in Greece is straightforward, and many expats open local accounts to manage day-to-day expenses. Most places accept cards, but having some cash is always handy, especially in smaller towns.
Daily Life and Integration
One of the best parts of living in Greece is the laid-back lifestyle. Greeks prioritize family and social time, so expect long, leisurely meals and a focus on enjoying life. The local cuisine is a big highlight – think fresh olives, feta, and grilled fish, all enjoyed with a glass of local wine.
There are also plenty of expat communities across the country, particularly in popular areas like Crete, Corfu, and the Peloponnese. These communities can help you integrate into Greek life and make the transition smoother. Joining local clubs or participating in cultural events is a great way to meet people and immerse yourself in the local culture.
So, Is Moving to Greece Right for You?
If you’re after a lifestyle with sunshine, good food, history, and a more relaxed pace of life, Greece might be your perfect match! With a little planning around visas, healthcare, and property, your dream of living in Greece can become a reality.