Hydra
Beach Coastal BeachesHydra is a small Greek island and municipality in the Saronic Gulf, known for its preserved traditional character and distinctive harbor settlement. The island has a compact main town built around the port, with stone mansions, narrow lanes, and a waterfront that serves as the center of daily life. Motor vehicles are largely absent, so movement around the town and nearby areas is typically on foot, by donkey, or by boat, which gives the island a quieter atmosphere than many other destinations. The landscape is rocky and hilly, with steep paths rising away from the harbor and views over the sea from many points on the island. Hydra has a strong maritime identity, and its economy is closely tied to tourism, hospitality, and local services that support visitors and residents. The island is known for its scenic setting, historic architecture, and relaxed pace, while still offering restaurants, shops, and accommodations for travelers. Its compact size and pedestrian-friendly layout make it feel intimate and walkable, and the surrounding waters are an important part of its character and daily activity.
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SJB GlobalSJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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Visa & Residency
Obtaining a residency in Greece involves several steps and the process can vary depending on the type of visa one is applying for. The Greece Golden Visa is a popular option for non-EU expats who are willing to make a significant investment in Greece, typically in real estate. This visa grants a five-year residency permit, which can be renewed as long as the investment is maintained. Applicants must invest at least €250,000 in Greek real estate and the process includes gathering necessary documents, such as a clean criminal record and health insurance, and submitting them to the Greek consulate or embassy in their home country. Another option is the D Visa for Long Term Residence, which is suitable for various purposes such as employment, study, or family reunification. The requirements for this visa include a demonstration of sufficient financial resources, health insurance, and a clean criminal record. The application process involves submitting the required documents to the Greek consulate or embassy. For digital nomads, Greece introduced the Digital Nomad Visa, which caters to those who work remotely and wish to live in Greece. To qualify, applicants must prove they are employed or own a company outside of Greece and have sufficient income to support their stay. The income requirement is at least €3,500 per month. This visa allows individuals to stay in Greece for up to 12 months and can be renewed. Overall, while the process can be bureaucratic and may require patience and attention to detail, it is generally considered average in terms of difficulty compared to other European countries. It is important to start the application process well in advance of the intended move date and to ensure all paperwork is accurately completed and submitted. Consulting with a legal expert or who specializes in Greek immigration law can be very helpful in navigating the process.
Cost of Living
The cost of living in Hydra is high, especially compared with many other places in Greece, because it is a popular island destination with limited space and strong demand for housing and services. Imported goods and visitor-oriented businesses can also contribute to higher everyday expenses.
Weather
Hydra has a Mediterranean climate with hot, dry summers and mild, wetter winters. Sunshine is common for much of the year, and sea breezes help moderate temperatures along the coast.