Greece welcomes international pensioners
With a regislation voted recently by the Greek parliament, Greece offers to international pensioners not only Sea and Sun but an extra privileged tax status.
From this year on any pensioner from any place of the world can transfer his tax residency in Greece and pay only a 7% flat rate tax in income.
The only prerequisites are
a. the applicant has not been a tax resident in Greece for the past 5 out of 6 previous years
b. the applicant’s current tax residency country has a bilateral tax agreement with Greece
c. tax is to be collected the very first day of July each year and the submission of application is due in the 31st of March each year.
Kindly be advised that the applicant may retransfer his tax residency at any point with no further restriction and the program has a maximum duration of 15 years.
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