After weathering a brutal economic storm from 2010-2018, marked by vivid images of protests and unrest, Greece has emerged anew.
Today, it ranks 7th in the world as the best place to retire, thanks to its charms: sunny climate, affordable living compared to the US, delicious and healthy cuisine, and a rich tapestry of history and culture. Whether you crave the buzz of a metropolitan hub or the serenity of a village retreat, Greece offers an array of enticing options.
With a population hovering around 10 million, Greece boasts diverse landscapes and communities. Athens, the bustling capital, thrums vibrantly, while Thessaloniki offers a more relaxed pace. Islands like Crete, with its captivating city of Heraklion, beckon with their sun-kissed shores and Aegean allure.
While Greece's financial recovery and growing investor interest have led to some property shortages and price increases, especially in popular areas, the overall cost of living remains 30-50% lower than in the US. However, it's worth noting that bureaucracy can be a hurdle, demanding patience and persistence.
Suellen Curkendall, who recently embraced island life on Syros with her husband, shares, "The Golden Visa option based on property ownership, along with the milder winters, cemented Greece's place at the top of our European retirement search." While private healthcare facilities are readily available, public hospitals may lack basic resources. Private nurses are sometimes necessary, but doctor visits and medications remain significantly cheaper than in the US.
For the Greek Diaspora seeking citizenship, navigating taxes requires awareness. Greece has one of the highest rates in the world, with individuals earning as little as €40,000 falling into the 45% bracket.
Beyond the sunshine and affordability, Greece's soul lies in its renowned hospitality. Cafes and tavernas pulsate with life, inviting you to linger and connect with friends. Athens, in particular, has developed a vibrant coffee culture and trendy neighbourhoods where you can luxuriate in the laid-back pace.
"Greeks are genuinely friendly and helpful," adds Curkendall. "The climate and proximity to the sea were key factors for us. Longer, temperate seasons mean more outdoor activities, something we missed in the US."
Finding your tribe is easy in Greece. Expat communities thrive, and language courses abound for those wishing to embrace the Greek tongue. As Curkendall aptly puts it, "Living in Greece isn't always smooth sailing, but not a day has passed where I haven't cherished this move. Yes, there's a learning curve, and the bureaucracy can test your patience, but with a smile and a determined spirit, doors open, and magic happens."
So, if you're seeking a retirement destination that blends affordability, natural beauty, rich culture, and a warm embrace, Greece might be your Elysium. Remember, a touch of patience and a spirit of adventure are your essential travel companions!
