(Residency By Investment)
Located in southeastern Europe, Greece as an independent nation is young, existing since the 19th century. Its civilization, however, is one of history’s oldest and most influential, credited with creating the concept of democracy as well as the ancient Olympic Games, and laying Western foundations in science, the arts and philosophy.
Greece occupies the southernmost part of Europe’s Balkan Peninsula, as well as a collection of islands that dot the Aegean, Ionian and Mediterranean seas. Its landscapes of mountains, hills and coastline and its rich cultural heritage make it one of the most visited countries in the world.
Greece broke away from the Ottoman Empire and declared independence in the early 19th century. A referendum in 1974 abolished the monarchy and created the parliamentary republic that exists today. The country has a free-market economy with some government involvement. Fueled by the tourism industry, services comprise the largest economic sector in the country, both for employment and contribution to the Greek gross domestic product. Shipping, industrial production and agriculture are other significant sectors of the economy.
Greek culture has forged distinctive identities in science, the arts, social sciences and cuisine. Greece gave birth to drama and the theatre, as well as disciplines such as political science. Greek Orthodoxy is the dominant religion, but religious tolerance is encoded in the country’s constitution.
Greece is a member of major international and regional organizations, including the United Nations, the European Union, NATO, the World Trade Organization and the International Monetary Fund.