Greece, long celebrated for its breathtaking landscapes, Mediterranean climate, and rich history, has recently gained popularity for another compelling reason: attractive tax incentives. Whether you’re a retiree, remote worker, digital nomad, or international investor, Greece’s evolving tax system offers various benefits that make it a competitive choice for relocation or business.
Flat Tax for Foreign Pensioners
One of the most appealing recent reforms is aimed at foreign retirees. If you move your tax residency to Greece, you can benefit from a flat income tax rate of 7% on your pension income for up to 15 years. This initiative has already attracted retirees from countries like the UK, Germany, and Scandinavia, seeking both financial and lifestyle advantages.
The Non-Dom Program
Modeled after similar programs in Italy and Portugal, Greece offers a Non-Domiciled (Non-Dom) tax regime for wealthy individuals. Eligible foreign residents who transfer their tax residence to Greece can choose to pay an annual flat tax of €100,000 on their global income, regardless of how much they earn abroad. Additional family members can be included for €20,000 each.
Golden Visa Program with No Tax on Global Income
Investors who acquire a Greek Golden Visa through real estate (minimum €250,000 investment) can enjoy residency benefits without being required to become tax residents. However, if they do relocate permanently, they can benefit from the Non-Dom program or other favorable tax regimes, depending on their profile.
Favorable Conditions for Remote Workers
Greece also offers tax breaks for digital nomads and remote workers. If you relocate and become a tax resident in Greece, you may be eligible for a 50% reduction in income tax for the first 7 years—provided you haven’t been a Greek tax resident in the previous 5 of the 6 years.
Corporate and Start-Up Incentives
The Greek government has also taken steps to make the country more attractive to startups and corporate investors:
Corporate tax rate has been lowered to 22%.
New businesses can benefit from R&D tax credits and EU-funded innovation grants.
Tech and green investments may also qualify for accelerated depreciation and other financial incentives.
No Inheritance or Gift Tax Between Immediate Family Members
Transfers of assets such as property between parents and children (or between spouses) are largely tax-exempt, a big advantage for families planning long-term wealth succession in Greece.