Tax incentives for moving to Greece (articles 5B and 5C)

If you are thinking of moving back to Greece, or moving here for the first time, the Greek Income Tax Code has special incentives for people who move their tax residence here. We check whether you meet the conditions, prepare the application on time and plan the move so you do not lose the right.

Article 5C: for employees and professionals

People who move their tax residence to Greece to work may be entitled to a 50% reduction of income tax on employment or business income for 7 years.

• you must not have been a Greek tax resident for a period before the move,
• you must work in Greece, for a Greek employer or a permanent establishment of a foreign company, or run a business here,
• you must commit to staying in Greece for a set period.

Article 5B: for pensioners

Pensioners with foreign pensions who move their tax residence to Greece can opt for a 7% flat rate on income from abroad, instead of the normal scale.

• you must not have been a Greek tax resident for a period before the move,
• you must be coming from a country that has an administrative cooperation agreement with Greece on tax matters.

Why care is needed

• Deadlines: the application must be filed within a specific deadline after the move. Miss it and the incentive is usually lost for that year, or for good.
• Documents from abroad: you need to prove you were tax resident in another country, usually with tax residence certificates for each year.
• The country you leave: your departure must be handled correctly there too, so you are not treated as resident in both countries.
• The right choice: for some people another regime, or none, works out better. We run the numbers before you decide.

How we work

1. A free first meeting, ideally before you move.
2. Checking the conditions and calculating the benefit with your own numbers.
3. Transfer of tax residence and the application, within the deadline.
4. Annual returns under the right regime, for as long as it applies.

See also

• Change of tax residence
• Tax residence certificate
• Double tax treaties