19% of Britons with assets exceeding £1 million prefer to invest in the Greek property market due to its affordability and quality of life compared to Britain, CEO World Magazine reported on Monday.
Spain, Antigua, and Barbuda are in second place on the list at 11%, followed by Ireland (8%), Italy, Malta, Switzerland, and Portugal (6%).
An equally important reason is that Greek residency can be acquired within two months with a minimum investment of £217.252, with the Schengen Zone states accessible for visa-free travel for Greek residents.
“Greek residency is proving particularly popular at present, as a strong combination of family-centered culture, great quality of life, a quick route to residency, and overall affordability, all resonate strongly amongst UK investors,” CEO World quoted Astons Managing Director Arthur Sarkasian as saying.
According to the same study, the majority of wealthy investors were not affected by Brexit (79%) while their main motivation (68%) is better quality of life. (Alexandros Fotiadis | EURACTIV.gr)