It’s official: Greece is one of the top 10 destinations for retirees around the world, ranking seventh in International Living’s “2024 Annual Global Retirement Index”.
According to the survey, Greece’s rich history, great cuisine and perfect Mediterranean climate make it a top destination for pensioners seeking to relocate for their “golden years”.
As a relevant article notes, Greece’s affordable cost of living, estimated at 30-50% below that of the United States, makes it particularly appealing to American retirees.
Another incentive for US pensioners is the fact that property costs in Greece are considerably cheaper than in America.
Finally, the Greek state’s “Golden Visa” scheme for investors willing to spend a minimum of 250,000 euros on a property in most regions of the country (excluding Athens proper and some islands, where the limits rises to 500,000 euros) is another factor that makes Greece one of the attractive destinations for retirees.