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Greek Non-Domiciled Resident Tax Status, Complete Guide 2024: Conditions, Taxation And Obtaining For Pensioners

Greek Non-Domiciled Resident Tax Status, Complete Guide 2024: Conditions, Taxation And Obtaining For Pensioners

European tax harmonisation is a distant dream, and each country is free to introduce its own tax measures to attract retired taxpayers to their territory. Spain, Portugal and Italy have special tax statuses that allow them to pay less or no tax. Since 2020, it is now Greece that has entered the belly-dance for retirees. The country has changed its tax regime, going one step further than the former NHR status in Portugal, and offering a flat rate of 7% for a period of 15 years on private sector retirement pensions and dividends. Before embarking on your project, it is important to be aware of the rules governing the new Greek tax arrangements. In order to make the right decisions and have all the cards in your hand, Lisbob, the expatriate assistant, tells you all about this new tax status for retirees in Greece.