±Quick Links

±User Info


Welcome Anonymous

Username
Password

Membership:
Latest: iflove
New Today: 13
New Yesterday: 14
Overall: 55903

People Online:
Members: 0
Visitors: 56
Bots: 6
Staff: 0
Staff Online:

No staff members are online!

±Financial Advice

Expert advice from finance professionals you can trust

±Newsletter

Newsletter

You must be a
registered user
to receive our newsletter

Register Now!

Retiring & Pensions

Greece - Retiring & Pensions



A relatively low cost of living, low crime rate and mild climate attracts many retirees to the Greek islands.

Within the EU pensioners can obtain form E121 from their home country to cover all health care in Greece, although care can be basic and pensioners are advised to also consider taking out private health insurance. Consider also the cost of flights 'home' in an emergency.

Pensions drawn from outside of Greece in another currency will be affected by exchange rate fluctuations.

Extra costs - don't forget to cost in extras such as flights home, running a car, the cost of having family and friends stay with you for holidays (you will probably be going out and eating out more than you would normally - having regular visitors can seriously stretch your budget).

If you sell up to move to Greece, consider where you would move back to at home if it doesn't work out. The ideal situation is to keep your property at home and buy a second home. If finances do not permit this then another option is to invest in a smaller property at home and one in Greece. Or consider a trial run in Greece - renting before selling up and moving permanently.




Tell your friends about this page!


--

Information courtesy of Carol Palioudaki, author of The Cool Guide to Living in Crete, available at www.livingincrete.net


Got something to add to this section? Spotted something which should be changed? Please let us know!


Click here to return to the contents page for "Greece - an expatriate guide."



Give us feedback about this page or discuss it in the forums.