Foreigner Pensioners- move in Greece key points

Greece has become an attractive destination for foreign pensioners due to its favorable climate, rich history, and relatively low cost of living compared to other Western European countries.

Here are some key points to consider if you're thinking about retiring to Greece:

1. Residency and Visa Requirements

- EU/EEA Citizens: If you’re from an EU/EEA country, you can live in Greece without needing a special visa, but you will need to apply for a residence permit.

- Non-EU Citizens: If you're from outside the EU/EEA, you may need a long-term visa or residence permit. The "Golden Visa" program is one option, which grants residency in exchange for a significant investment in real estate.

2. Healthcare

- Greece offers public healthcare through the National Health System (ESY), which is available to residents. Pensioners might also opt for private health insurance to cover additional services and access quicker care.

3. Cost of Living

- Generally, the cost of living in Greece is lower than in many Western countries, though it can vary significantly depending on the region. Popular areas like Athens and the islands might be more expensive compared to rural areas.

4. Taxation

- Greece has agreements with many countries to avoid double taxation, so you should check how your pension will be taxed. Greece offers a special tax regime for retirees which can be beneficial in certain cases.

5. Property Ownership

- Foreigners can buy property in Greece, but the process involves various legal steps and potential fees. It’s advisable to consult with a local real estate agent and a lawyer to navigate this process.

6. Language and Culture

- While Greek is the official language, many people, especially in tourist areas and larger cities, speak English. Understanding some Greek and immersing yourself in the local culture can enhance your experience.

7. Community and Lifestyle

- Greece has a welcoming community with a slower pace of life that many retirees find appealing. There are also expat communities and social clubs where you can connect with others in a similar situation.

Before making any decisions, it's wise to visit Greece, explore different regions, and consult with experts on legal, financial, and real estate matters to ensure a smooth transition to retirement in this beautiful country.