Application process for Greece’s ''Non-Dom'' tax regime

The application process for Greece's "non-dom" tax regime involves several steps:

1. Initial Consultation and Planning

- Consult a Tax Advisor: Before applying, it's crucial to consult with a Greek tax advisor or legal professional to understand the regime’s benefits, requirements, and implications fully.

2. Prepare Documentation

- Proof of Non-Residency: You need to provide evidence that you have not been a tax resident in Greece for at least seven of the past eight years.

- Proof of Financial Means: Documentation showing your ability to support yourself financially and make the required investment.

- Investment Plan: Prepare a detailed investment plan, outlining your intended investment of at least €500,000 in Greek real estate, businesses, or securities.

3. Submit the Application

- Application Submission: The application must be submitted to the Greek tax authorities by March 31st of the year in which you wish to start benefiting from the regime.

- Required Forms: Submit all required forms and documents, including the formal application form and supporting documents.

- Investment Evidence: Include evidence of the planned or completed investment.

4. Tax Authority Review

- **Assessment by Tax Authorities**: The Greek tax authorities will review your application and the supporting documentation to verify eligibility.

- **Approval**: If the application is approved, the non-dom status is granted, allowing you to benefit from the regime starting in the same tax year.

5. Annual Flat Tax Payment

- Annual Payment: Pay the flat tax of €100,000 by the deadline specified by the tax authorities each year. This amount covers your global income.

- Additional Family Members: If you wish to extend the non-dom status to family members, pay the additional €20,000 per family member.

6. Ongoing Compliance

- Investment Maintenance: Ensure that your investment in Greece is maintained and in compliance with the regime’s requirements.

- Annual Filing: Continue to meet any annual filing requirements and stay in touch with your tax advisor to manage your tax obligations effectively.

7. Renewal and Termination

- 15-Year Duration: The non-dom status can be maintained for up to 15 years, provided all conditions are met.

- Voluntary Termination: If you decide to end your non-dom status, you must notify the Greek tax authorities.

This process ensures that applicants meet all the legal and financial criteria to benefit from Greece's favorable tax regime.