Picture a golden sandy beach. Turquoise waters soothe you with their ambient lullaby, a light breeze caressing your face while nibbling on freshly harvested fruit from the tree and warm-hearted locals greet you as they rush down the street. Seems too cliché?
Not surprisingly, this snapshot is the dream scenario of many seniors seeking to make the most of their golden years by traveling for extended periods or retiring abroad. Evidently, Greece is one of the perpetual favorites with retirees from mostly the northern European countries and the US.
Undoubtedly, the country’s aficionados will boast about how the whole land takes credit for the most beautiful sun-drenched islands, mind-blowing beaches, diverse landscapes, mouthwatering food, and timeless traditions. But then again, when it comes to stretching your Social Security payments or savings, one must factor in more “banal” parameters. Affordable accommodation, low cost of living, health care, safety, and transportation assume more importance when the golden years approach, not to mention the hassle of navigating the logistics.
Aligned with the soaring numbers of senior expats looking to relocate, Greece has initiated programs to showcase the framework for the perfect reception of every retiree, by providing useful information, services and advice: The 7% flat tax rate -a tax program for foreign pensioners who decide to live in Greece-, the Golden Visa program and Happy Retirement are initiatives focusing on attracting the golden agers.
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