Greece’s Bold Plan to Reverse Brain Drain by 2027

In a bid to reverse the encephalon drain of the past decade, the Greek authorities has launched a nationalist inaugural to bring backmost 50,000 young professionals by 2027. The program combines fiscal incentives with collaborations from large companies to make attractive, high-skilled job opportunities for those who near during the economical crisis.

Since 2019, a increasing wave of returnees has been recorded, with six successful ten choosing to trust Greece again for some their nonrecreational and idiosyncratic lives. According to authoritative data, by 2024, astir 350,000 of the estimated 600,000–680,000 Greeks who emigrated betwixt 2010 and 2021 had returned home.

However, a caller study by the National Documentation Centre and Kapa Research reveals that idiosyncratic and household reasons—not economical oregon vocation prospects—were the superior drivers down astir returnees’ decisions.

Nevertheless, Greece’s improving economical outlook has played a important relation successful motivating galore to travel back. About 38% of respondents said the country’s economical betterment heavy influenced their decision, while 23% cited the quality to find a occupation successful Greece with comparable wage and prospects to those overseas arsenic a cardinal factor.

To promote returns, the authorities offers a 50% income tax interruption for 7 years to those relocating their tax residency to Greece. Meanwhile, the “BrainReGain– Hellenism successful Action” inaugural hosts events crossed Europe to item instrumentality opportunities to Greeks abroad.

A 2023 BrainReGain survey profiled the Greek professionals presently surviving and working overseas successful the post-crisis years. Most are based successful the UK, Germany, and the Netherlands, are implicit the property of 35, and explicit a strong tendency to return. Their fields of employment are chiefly successful technology (19%), academia (10%), and healthcare (10%).

These returnees are typically highly skilled with substantial work experience. The astir in-demand roles for which they submit applications to Greek companies see IT professionals, fiscal analysts, engineers, concern administrators, λογισμικό developers, and accountants.