Alternative Taxation
Greece offers a range of alternative taxation methods designed to attract individuals to transfer their tax residence to the country.
Greece offers a range of alternative taxation methods designed to attract individuals to transfer their tax residence to the country.
Greece offers a range of alternative taxation methods designed to attract individuals to transfer their tax residence to the country. These schemes provide significant tax incentives for those who meet specific criteria, encouraging investment, the relocation of pensioners, and the migration of skilled workers.
By introducing fixed or reduced tax rates on foreign income and offering exemptions on various forms of taxation, Greece aims to boost its economy while providing financial benefits to new residents. This approach aligns with international tax cooperation standards and ensures a mutually beneficial arrangement for both the state and taxpayers.
The alternative taxation system in Greece allows foreign tax residents to benefit from favorable tax treatment on their global income by transferring their tax residency to Greece.
The alternative taxation status is valid for a period of 15 years, provided the annual flat tax is paid and the investment is maintained.
Yes, you can work in Greece. However, the alternative taxation applies only to global income. Income earned within Greece will be taxed under the regular Greek tax regime.
Failure to pay the flat tax by the specified deadline may result in losing the benefits of the alternative taxation system and being taxed under the regular Greek tax regime.
Yes, the Greek tax authorities can revoke the alternative taxation status if the eligibility criteria are no longer met or if there is non-compliance with the tax obligations.
Yes, you can extend the benefits to your spouse and dependent children for an additional flat tax of €20,000 per person per year.
The alternative taxation status itself does not grant travel rights. However, if you obtain residency through other programs like the Greek Golden Visa, you can travel freely within the Schengen Zone.
No, the €100,000 flat tax covers all types of global income, including dividends, interest, and capital gains.