Alternative taxation for foreign individuals transferring their tax residency in Greece.

Following several countries’ practices (i.e. Cyprus, Italy, Malta, Portugal, United Kingdom), Greece introduced a “non-domicile” tax regime for foreign individuals who wish to transfer their tax residency to Greece, by paying an annual flat tax for their income obtained abroad, regardless of the amount of such income and with no obligation to declare their foreign income in Greece.
Greece's "non-dom" tax regime, introduced in 2019, offers a flat annual tax of €100,000 on global income for foreign high-net-worth individuals who become tax residents in Greece. The regime includes exemptions from inheritance and gift taxes on foreign assets and does not require foreign income to be remitted to Greece. To qualify, individuals must invest at least €500,000 in Greece and must not have been tax residents for at least seven of the previous eight years. The regime is designed to attract wealthy foreigners and boost investment in Greece.

Article 5A law 4172/2013 (effective from 12.12.2019)