Here is a summary of Greece’s preferential tax incentive regimes designed to attract foreign talent, capital, and retirees:
1. 50% Income Tax Exemption
- The Benefit: Offers a 50% exemption on employment or self-employment income earned in Greece.
- Duration: Valid for up to 7 years.
- Key Conditions: Individuals must become Greek tax residents, must not have been Greek tax residents for several previous years, must relocate from an EU/EEA country (or a country with administrative tax cooperation), and must provide services to a Greek employer or establish a local business.
2. The Non-Dom Regime for High-Net-Worth Individuals
- The Benefit: Allows wealthy individuals to pay a flat annual tax of EUR 100,000, which covers all foreign-source income regardless of the amount. Additional family members can be included for an extra fixed fee.
- Key Conditions: Requires making a qualifying investment in Greece, transferring tax residency to the country, and meeting specific procedural requirements.
3. The Pensioner Regime
- The Benefit: Foreign retirees can access a flat 7% tax rate on their foreign pension income.
- Duration: Valid for up to 15 years.
