What Are the Investment and Trade Opportunities in Greece?

There are many trade opportunities for those who want to invest in Greece, Turkey's neighbor. Greece, which is located in southern Europe with a population of around 10 million, has a close relationship with Turkey both in terms of tourism and economic matters due to its proximity. Since Greece has been a member of the European Union since 1981, it guarantees that the investments made within its borders can reach a wider audience. Given that Turkey is not a member, benefiting from EU opportunities is an important issue for our country's investors, and they can achieve this by conducting their business activities in Greece.

Entering the real estate sector, which is the first investment opportunity, can be a great idea when it comes to Greece. According to regulations, individuals who invest more than 250,000 euros in Greece are granted residency permits under the Golden Visa program. Therefore, if you purchase a house priced above 250,000 euros in Greece, you will have residency rights in a country within the EU, and even if you do not reside there, you will have the right to freely benefit from other advantages solely by using this opportunity for investment purposes.

Another investment opportunity, as in every country, is to engage in trade. Starting a business, becoming a partner in an enterprise, or investing in a sector in Greece means having access to similar consumers as in Turkey. Due to our long-standing relations and with our neighborly ties, consumers in Greece and Turkey exhibit similar behaviors, having embraced each other's cultures. For this reason, there will not be situations requiring excessive adaptation in services, and you can grow in the business you establish with lower risks.

How Is the Distribution of Investment in Greece According to Sectors?

Investing in Greece offers many opportunities for individuals and companies. Greece, which is beginning to make a name for itself with its growing sectors, can open many doors for you. Particularly due to its islands and access to the sea, the country has developed in the maritime transportation sector, and it is also taking significant steps in mining, banking, air transport, energy, and construction sectors. In relation to these rising sectors, it would be a good idea for your company to conduct market analysis depending on the sector it is involved in and prepare general research.

We can also observe that many Turkish companies are turning their eyes to Greece for investment purposes. We observe that Turkish firms are forming partnerships with Greek companies in the energy sector and new companies are being established in the construction sector. Keeping a close eye on news related to Turkish investments in Greece will be guiding for companies that want to invest in Greece.

What Are the Advantages of Investing in Greece?

Although Greece may not have a relatively small and highly developed economy, starting commercial relations with Greece means taking a step towards the opportunities of Europe, thanks to its strategic position and diplomatic agreements. In this sense, if you engage in physical trade in Greece, you can easily communicate with other European countries thanks to the facilities provided by the European Union.

5 Reasons to Invest in Greece

1. Ease of Golden Visa
Generally, obtaining residency in European countries or other developed countries and being able to conduct commercial activities freely is a costly and complicated process. However, for Greece, you can easily obtain a Golden Visa with a relatively low-cost investment compared to other countries, enabling you to acquire the right to residence without a minimum stay in Greece. With this residency permit, there is no obligation to live there, and after 7 years, you can also obtain citizenship, which will allow you to start businesses and benefit from health services under the citizenship scope.

2. Proximity to Turkey
Greece is located just southwest of Turkey, so much so that some of our cities can even see its islands. As mentioned, this proximity provides cultural closeness and also offers convenience in case of a potential business problem, avoiding long journeys that could prolong the process. Thanks to this advantage, you can tightly organize your investment relations in Greece and keep them under planning.

3. Diplomatic Arrangements
Establishing a business and investing in Greece, which is a member of important institutions such as the European Union, NATO, and the Francophonie Organization, means you can benefit from the opportunities and conveniences these arrangements offer. In this context, although Greece may not promise as much commercial development as you desire, investing in the country will definitely not be a wrong decision, thanks to its gateway to Europe.

4. Low Cost
Greece offers trade opportunities at lower costs compared to other European or developed countries. The tax system and a minimum investment of 250,000 euros for residency allow investors to have better opportunities with smaller amounts compared to other countries.

5. Ease of Business and Freedom in Trade
Doing business in Greece is really easy. In addition to the lack of need for long and cumbersome paperwork, Greece is a country that prevents companies from facing difficulties in their investment journeys through regulations implemented under the European Union. Investing in Greece, which offers freedom in trade and the opportunity for sectoral development, will be a good choice.

How to Establish a Company to Invest in Greece?

Similar to Turkey, there are various company types you can choose from when establishing your businesses in Greece. You need to comply with the necessary regulations and meet the requirements according to the relevant company type. For instance, to establish a joint stock company in Greece, you need a minimum capital of 24,000 euros, while there are no capital restrictions for a limited company. To be attentive to such regulations, seeking legal assistance or consulting an expert when establishing a company in Greece will always help you avoid potential mistakes.