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Now is the time to take advantage of ESPA government funding for tourism in Greece. Anything between 50% – 90% of funding could be granted. Never has there been a better time to invest in Greece, regardless of the economic turbulence. Greece was once voted the most popular tourist destination worldwide, yet sadly due to the economic climate, many have boycotted Greece and many have chosen to ignore the wonderful investment opportunities that are available. However, it is a safe country for holidays, and relies on tourism. It is the tourism sector that is the main source of Greece’s national wealth; it creates jobs and plays an important role in the development of the periphery. The wonderful scenery, the mild climate, the beautiful beaches, the culture and its unique historical heritage, as well as traditional Greek hospitality, are some of the values that have made Greece an attractive destination for visitors and tourism.
Grants for tourism include everything: excavation, earthworks, concrete, brick, plaster, electrical, plumbing, garden, trees, flowers, pool, appliances, furniture, and even bed sheets, pillows, dishes, glasses, everything.
The fee for ESPA grant applications for tourism can vary between 3,000 – 5,000 Euros. The higher figure represents the bigger offices in Athens.
An illustration on how the ESPA government funding for tourism in Greece works:
Buy an old house, land or whatever you fancy in terms of operating as a small business for tourism. The first procedure would be to create a small company which would operate as a business for tourism. The cost for this application would be approximately 1,000 Euros per year.
There are two types of funding available. The first grant has a limit of 300,000 Euros and the second grant has a limit of 150,000 Euros. Once these 2 run out, there are a further two funding schemes that will commence June ’13. Potential investors have the opportunity of securing anything between 50% – 90% grant funding for tourism.
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