Energy, technology, defense and real estate: America calls on investors to choose Greece

Energy, technology, defense and real estate are the 4 sectors wherever the United States sees the strongest concern accidental successful Greece. This is the decision of the caller yearly 2025 Investment Climate Statement – Greece released by the US Embassy successful Athens, drafted by the State Department, and published soon earlier the accomplishment of the caller ambassador, Kimberly Guilfoyle.

The Greece section is authored by the Economic & Commercial Section of the US Embassy successful Athens successful practice with the Bureau of Economic and Business Affairs successful Washington. The study functions arsenic the authoritative playbook for US investors and executives — and forms the ground of the diplomatic enactment Guilfoyle volition transportation successful her talks with the Greek authorities and backstage sector.

According to the State Department, Greece has go “a unchangeable and charismatic concern destination” pursuing the betterment of concern people and structural reforms successful caller years. The US is already the 6th largest overseas capitalist successful the country, with companies specified arsenic Microsoft, Meta, Pfizer, Amazon Web Services and Deloitte advancing important projects successful energy, exertion and healthcare.

Washington identifies 4 cardinal verticals with highest opportunity:

• Green energy: Greece is described arsenic an “energy transit hub” for LNG and renewable power. The study explicitly states that LNG projects successful Revithoussa and Alexandroupoli marque Greece a strategical gateway for Europe. It besides stresses the request for concern successful greenish hydrogen infrastructure and grid interconnection with neighboring countries.

• Technology & integer transformation: The study acknowledges Greece’s advancement successful digitizing the State and successful cultivating a startup ecosystem that attracts players similar Microsoft and AWS. Washington sees “significant concern accidental successful information centers, artificial quality and cybersecurity.”

• Real property & tourism: The revised Golden Visa model with €800,000 thresholds successful precocious request zones and €400,000 elsewhere, combined with limits connected Airbnb, is seen arsenic “a transparency step” that draws superior organization superior and stabilizes the market.

• Human superior & ReBrain Greece: DoS presents the programme arsenic an innovative exemplary for repatriating Greek endowment with salaries of €3,000/month successful tech, healthcare and research. Combined with Law 4758/2020 taxation incentives for relocating taxation residency to Greece and the 50 % income taxation chopped for integer nomads for 7 years — the study calls Greece “one of the astir charismatic labour markets successful Europe.”

On the antagonistic side, the State Department lists the frictions that inactive measurement connected the concern climate: regulatory complexity, dilatory judicial process, bureaucracy, delays successful permitting for renewables and zoning, deficiency of cleanable rubric documentation connected existent estate, and pharma clawbacks. It besides cites labour shortages successful tourism and operation and shadiness system estimates up to 36% of GDP (CEPR).

Conversely — the regained concern grade, €35.95 cardinal RRF funds, integer translation momentum and fast-track tools signifier a operation of structural friction + beardown affirmative leverage shaping the country’s concern narrative.

The study besides references Greece’s caller FDI screening authorities for nationalist information — covering investments successful strategical sectors specified arsenic energy, defence and cybersecurity. DoS calls this “a motion of economical maturity” and includes it successful the affirmative elements of the concern climate.

On governmental risk, the study states that Greece is “a pillar of stableness successful the Eastern Mediterranean.” Ambassador Kimberly Guilfoyle precocious reaffirmed this attack by saying: “Greece is the cornerstone of stableness successful the East Mediterranean – and I envision heavy collaboration betwixt Greek innovation and American investment, from Athens to Silicon Valley.”