Investing in real estate
Greece is one of the most beautiful countries in the world, so there should be no question why people are all over the world are investing in real estate. The region has a wonderful climate, and the landscape is unique and inviting, making it an ideal place to hold real estate. If the investment is made for personal use, the investor and their family will be able to enjoy a wonderful lifestyle. If the investment is made to generate income, they should have not problem getting visitors to rent the place. Further, Greece is in the Schengen Region, which means if an individual moves to the country and becomes a resident, they will be able to move throughout the 26 European counties in the region visa-free for up to 90 days every six months. This could be an ideal situation to be in because more travel means real estate holders can rent out their property while they are gone to generate more income. Economically speaking, the Greek economy recovering from a downfall, and it is happening faster than expected. While businesses are still recovering, investments are not as expensive as they used to be, especially property.More than just an investment
The Immigration and Social Integration Code allows non-EU nationals and their families to gain residency in Greece through an investment in real estate. This is known as the Greek golden visa, launched in July 2013. This is appealing for those looking to gain a home to live in while in Greece, individuals looking to diversify their portfolio while earning a European residency permit, or anyone looking to earn a faster route to Greek residency. To qualify for this program, investors must make a minimum investment of €250,000 into a real estate property, a 10-year timeshare agreement, a 10-year lease for hotel facilities, or furnished homes in combined tourist facilities. The property can be either residential or commercial. The residency permit that is granted lasts for five years but can be renewed when there is proof that the individual still owns the property. There is also an incentive for wealthy foreigners to move to and invest in the country. The lump-sum tax legislation allows qualified investors to pay a single lump sum each year.Alpen Partners International
Your wealth is important. If you are serious about your life goals, financial planning and investments are probably important to you. Financial planning can involve many steps, from tax optimization to asset protection. Different investments have different rules with different returns. With the help of financial planning, you will be able to predict where you will be in the years to come by evaluating where you are currently, what sources of income you plan to have in the future, investments you plan to make, and your retirement plans. Alpen Partners International, the sister company of Alpen Partners, is now a registered investment advisor with the U.S. Securities and Exchange Commission (SEC). Together with our partner Swiss private banks, our company can now offer the full Swiss private banking experience to American clients, both resident, and non-resident. No matter if you are investing in real estate for personal reasons, to generate more income or gain residency in a new company, Alpen Partners International can help you every step of the way. Alpen Partners International also has the expertise to assist individuals with relocation needs. For more information, contact our team today! All investments involve certain risks. All investments carry the potential for financial loss, including the loss of the principal amount invested. Past performance should not be viewed as an indicator of future results. Market conditions and broader economic factors can significantly impact the value of investments. Investments in international markets are subject to additional risks, such as currency exchange fluctuations, political or economic instability, and variations in accounting practices. Alternative investments, including but not limited to hedge funds, private equity, and real estate, may be illiquid, speculative, and are not suitable for all investors. The above information should be considered before making any investment decisions. All posts and publications are for your information only and are not intended as an offer, promotion, or solicitation to buy or sell any financial instrument or perform any other financial transactions. All information and opinions expressed in posts and publications reflect our current views as of the date of the publication and may be liable to change without notice.Interested? Contact us now
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