November 27, 2023

Retirement villages

Greece is the country of Assisted Living and the country of the affluent, due to the climate, the culture, the hospitality but also the language-learning human resources in combination with the ideal natural environment, the systematic health care and the Greek diet for longevity and well-being.

Greece favors the permanent establishment of affluent foreign retirees, for the relatively low purchase or rental prices of real estate, due to the easy settlement of EU citizens, in combination with the golden visa program for third country nationals. Also, the relatively low cost of living, the high level of utilities, the unique bioclimate, the ease of integration of foreign nationals and the high quality of life with the possibilities of service, transportation, access and security in all areas of reception of senior tourists, are additional advantages for relocating them to Greece.

Silver and golden age are a global market for goods and services, aimed exclusively at the elderly and retirees, meeting the special needs of the age. In the European Union, this market currently amounts to more than 4 trillion. euros, with increasing trends, as in 2025 it is estimated that it will represent one third of the gross domestic product of the EU.

The New Care Models follow the global trends in the increase of lifestyle-induced diseases, resulting in an increase in the number of people surviving with multiple comorbidities and on the other hand an increase in the cost of care and the pressure on health systems due to long-term care.

New investments are required for the elderly, especially for independent living of the elderly, assisted living, care of nursing homes, retirement villages, nursing homes, nursing homes and palliative care units (memory, wellness, etc.).

Retirement villages are villages for active seniors who wish to have an independent or assisted living, having welfare infrastructure with hotel, rehabilitation center, nursing home and independent living facility, as a unique community of elderly retirees.

The new legislation provides for the attraction of retirees for residents of European Union member states or countries outside Europe, who will choose to settle permanently in Greece and will be entitled to be taxed on their global income at a tax rate of 7%. without the obligation to invest 500,000 euros, as provided by the non dom program.

The choice of tax headquarters in Greece is attractive for all retirees, especially from Germany, Austria and Switzerland, as there is infrastructure for independent living, but also for those who need support services, nursing, nursing, independent and assisted living.

Konstantinos Kouskoukis

Professor of Dermatology


President Hippocratic Academy of Thermal Medicine

President World Academy of Chinese & Complimentary Medicine

Vice President B’ Global Doctors’ Hippocratic Institute