JK_Poulsen_Blog-4

02 Jul: How To Open A Greek Bank Account As A Permanent Resident

How to open a Greek Bank Account You are able to start a Greek bank account whether you are a resident or a non-resident. It is far better to open a bank account in person than by correspondence from abroad. Ask your friends, acquaintances, or colleagues for their recommendations and proceed to the bank of your choice and introduce yourself. You must be over 18 years old and supply evidence of identity, e.g., a passport, the regional address, and papers to show the funds you have imported along with the procedure used. You are able to start a bank account…

Dealing With Greek Real Estate Agents

26 Jun: Dealing With Greek Real Estate Agents

Everything You Need To Deal With Greek Real Estate Agents There are thousands of real estate agents in Greece (over 2,500 in Athens independently ) and lots of land sales in Greece, especially those in resort areas and cities, are handled by estate agents or developers’ brokers, particularly those involving overseas buyers. It is typical for foreigners in several countries, particularly third-country nationals, to use an agent in their own nation who functions in co-operation with a foreign agent or developer. Most brokers in popular areas of Greece now have staff that speak English and other foreign languages, so don’t…

Invest in Greek securities

25 Jun: Investing In Greek Securities For Permanent Residency In Greece

Greek Securities For Permanent Residency An Economy Ministry bill tabled in Parliament motioned for the broadening of the requirements for non-European Union citizens to be issued a five-year permanent residence permit, or Golden Visa, past the expense of 250,000 euros in local property resources. A time deposit in a Greek charge of at least that amount for twelve or more months using a predetermined order for renewal will probably suffice for a Golden Visa. In the same way, an investment of the same amount in a property investment firm will also do. The new standards include the expense of a…

Greek national healthcare

23 Jun: Using the Greek National Health Service As A Permanent Resident

Understanding The Greek National Health Service If you are visiting, residing or working in Greece, it is extremely risky to not get health insurance for your loved ones, since if you are uninsured or under-insured, you might come face to face with some very high medical bills. Luckily the Greek national health service is very reliable to as a permanent resident you are able to take advantage if this. When choosing the kind and degree of health insurance, ensure it covers all of your family’s current and future health conditions before you get a massive bill. A medical insurance plan…

Should I still be worried about the Greek financial crisis?

30 May: Should I be worried about the Greek financial crisis?

Is The Greek Financial Crisis Still In Effect? The recapitalisation, consolidation and reform of the banking sector has witnessed short-term obstacles, but the picture is becoming increasingly optimistic. The Greek financial crisis is still a thing, but it shouldn’t be called a crisis anymore. The Greek banking industry has completely transformed as a result of the monetary crisis. Legislation, restructuring and recapitalisation have created a sector that’s now internationally known for its high capitalisation levels and substantial improvements in stability, transparency and governance. As Prof. Nikolaos Karamouzis, Chairman of EFG Eurobank and also Chairman of the Hellenic Bank Association, says,”we’ve…

Greek business culture

23 May: What Is Greek Business Culture Like?

Greek Small Business Culture There’s not any formal ritual in regards to exchanging business cards in Greece, though it’s a great idea to have one side translated into Greek and offer the company card with this aspect facing upward. It’s necessary to dress professionally, particularly when meeting business partners for the first time, as good value is put on first impressions. Colleagues often deal with each other on a first name basis, though it’s ideal to allow another person make the first play, particularly when they are older than you or maintain a higher status in the business. As Greek…

Obtaining a Greek Driving License

16 May: How Can I Get A Greek Driving License?

Driving in Greece isn’t for the faint of hearted. Aside from the logistics of converting your driving licence or needing to sit a test to get a new one, there’s also the issue of reckless driving. Although the roads are very nice and the panoramic views in more distant areas make for picturesque driving, the way people drive in the cities may come as a shock initially. To be secure, you will have to learn to drive defensively. Here are the steps and procedure for non-residents to gain a Greek driving license.     Generally, the logistics of driving in…

The Greek education system

09 May: What Is The Structure Of The Greek Education System?

The Greek Education System In recent years, the Greek Education Ministry has enacted significant changes to the education system, the majority of which were mandated by the desire of every government to adopt recent scientific research and acclaimed education models of different nations on earth. Adapting state-of-the-art research in the sphere of education, as well as foreign education practices to satisfy the needs of the Greek society and labour market has caused a multilayered education system, which caters for all pupils in the nation. Investing in Greece to reside permanently means that you are able to take advantage of the…

Greek tax system info

18 Apr: How Will The Greek Tax System Affect You?

How Does The Greek Tax System Work? With the Greek tax system constantly changing to accommodate the ever-evolving austerity measures, it is probably a fantastic idea to not attempt to file taxes by yourself. Many Greeks do not, either: even though the online tax-filing system just recently became available to everyone, the majority of the population still hires a professional to take care of things. Find one who can walk you through the technicalities of the Greek tax system and browse below for some of the key things you need to understand. Since 2010, the government has executed (and retains…

What rental income can I expect from my Greek property investment

11 Apr: What Rental Income Can I Expect From My Greek Property Investment?

What To Expect From Your Greek Property Investment? As part of your citizenship by investment plan, a Greek property investment will be made. This is a great deal for many reasons. Greece has a great deal to offer in regards to properties available. You’ll get a broad selection of properties available, particularly if you’re searching for a home for retirement or holidaying. There are a lot of reasons why you’d wish to obtain a house in Greece. But, it’s crucial to consider different factors when seeking to get possessions there.   It’s crucial to realize why you would like to…