Why tourists choose Greece for vacations during the pandemic

March 16, 2021
Residence permit in Greece by investment in 2021: a summer trip to the country
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Greece has become the most popular country for the summer holidays during the pandemic. This conclusion was made by the American marketing agency Sojern. We tell you which Greek regions are already open to visit and how Russians can go on vacation in Greece.

Sojern ― an American tourism marketing agency. The company talks about travel and studies tourists’ choices.

Sojern uses artificial intelligence in its research. It analyzes millions of user searches on the Internet and ticket data on booking sites.

In 2021, most Europeans want to spend holidays in Greece. The most popular destinations are Athens, Rhodes, Kos, Rethymno and Kefalonia. The British were the first to worry about their vacations: hotel bookings soared by 96% compared to 2020.

18 Greek islands with a population of fewer than 1,000 people received covid-free status in March 2021. Among them are the islands of Kastelorizo, Nisyros, Chalki, Simi and Tilos. The status means that all citizens of the island have been vaccinated against the coronavirus.

Residents of the “covid-free” islands are already preparing for the tourist season. The mayor of the island of Castelorizo notes that the locals feel good, and the atmosphere on the island is relaxed. But safety rules are in effect: residents wear masks and keep their distance, and stores and public places close at 9 p.m.

Residence permit in Greece by investment: a summer trip to the island of Kastelorizo

The island of Kastelorizo, Greece. The architecture of the island is characterized by colourful Mediterranean hues

Residence permit in Greece by investment: a summer trip to the island of Nisyros

View of the village of Pari on the island of Nisyros. Every day before the pandemic more than 200 tourists visited the island

Residence permits in Greece by investment: a summer trip to the island of Chalki

The waterfront of Emporio, the capital of the island of Chalki. Tourists walk in boats and small yachts around the island

Residence permit in Greece by investment: a summer trip to the island of Kastelorizo
Residence permit in Greece by investment: a summer trip to the island of Nisyros
Residence permits in Greece by investment: a summer trip to the island of Chalki

When Greece begins to receive tourists

The Greek government will open the border to tourists on May 14, 2021. Tourists with coronavirus vaccination will be able to enter the country without restrictions. Other holidaymakers will need to provide a certificate with a negative test result for coronavirus.

In March 2021, foreigners must fill out a form for entry one day before the trip, and at the border show a negative test for coronavirus and a document with the address of stay in the country. In addition, it is mandatory to stay for seven days in quarantine.

How Russians can get to Greece during a pandemic

Greece allows its citizens, residents and foreigners to enter the country, subject to restrictions and security measures.

500 Russians a week can fly to Greece. The regime of restricted flights will last until March 22, 2021. Then the government of the country will revise the conditions of entry depending on the epidemic situation in the world.

Greek citizens and residents have the right to return to the country at any time. The fastest way to become a Greek resident is to obtain a residence permit through the Greece Golden Visa investment program.

Participants of the residence permit program in Greece choose one of the provided investment options. It takes about 3 months to become a resident.

Buying real estate

From 250 000 €

Opening a deposit

From 400 000 €

Buying shares of local companies

From 400 000 €

Buying real estate allows you to invest in a liquid asset. The investor owns the property for 5 years, during which time it is allowed to rent the property and receive a passive income of 5-9% per annum. And after 5 years, the property can be sold and get back the money invested.

In 2020, because of the pandemic, Greek real estate prices rose more slowly than in 2019. But Greece’s economy was more resilient to the crisis than the government expected. The country’s GDP shrank by 8.2 percent instead of the predicted 10 percent.

The government plans to stick to current economic policies in 2021: continue vaccinations, help local residents and companies, and provide tax incentives.

The European Commission predicts that Greece’s GDP will grow by 3.5% in 2021 and 5% in 2022. The economy will begin to recover and real estate prices will begin to rise faster.

Immigrant Invest real estate experts recommend taking a closer look at Greek real estate now, while prices are rising slowly, and you can get a residence permit under the simplified procedure. We told about the current conditions of the program in the article “How to get a residence permit in Greece during the pandemic”.

Residence permit in Greece by investment: real estate for participation in the program

Apartments overlooking the sea in a hotel complex on the island of Milos, Greece. The architecture of the building is stylized in the traditional style of Cyclades islands.
Price from €250,000

Residence permit by investment: purchase of real estate under the residence permit program

Apartment of 110 m² with two bedrooms, two living rooms and two balconies. The apartment is located in the central area of Athens.
Price from €268,500

Residence in Greece by investment: a townhouse under the residence permit program

Traditional style townhouse of 75 sq.m. on the beachfront of Sithonia peninsula in a gated complex in Halkidiki.
Price - €260,000

Residence permit in Greece by investment: real estate for participation in the program
Residence permit by investment: purchase of real estate under the residence permit program
Residence in Greece by investment: a townhouse under the residence permit program

Immigrant Invest is a licensed agent who helps you obtain a residence permit in Greece by investment. If you want to become a resident of Greece and visit the country freely even in a pandemic, seek advice from experts in investment programs.

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