Tax Regime For Foreign Pensioners In Greece
Legal support for transferring your tax residence to Greece under the pensioners regime, ensuring compliance and efficient access to the 7% flat tax framework.
What Is The Tax Regime For Foreign Pensioners In Greece?
Greece has introduced a special tax regime for individuals who transfer their tax residence to Greece and receive pension income from abroad.
Under this regime, foreign pension income is taxed at a flat rate of 7%, replacing the ordinary progressive income tax rates.
The regime is intended primarily for retirees who wish to relocate to Greece while maintaining pension income from another country.
To qualify, the applicant must transfer their tax residence to Greece and must not have been a tax resident of Greece for five of the six years preceding the application.
In addition, the transfer must occur from a country that maintains administrative cooperation with Greece in tax matters.
The regime may apply for a period of up to fifteen years.
Frequently Asked Questions
Who can benefit from this regime?
This regime is intended for individuals who receive pension income from abroad and wish to transfer their tax residence to Greece.
What are the main tax advantages?
Foreign pension income is taxed at a flat rate of 7%, offering a simplified and predictable taxation structure.
What are the main eligibility requirements?
Applicants must not have been tax residents of Greece for five of the previous six years and must transfer tax residence from a cooperating jurisdiction.
What is the deadline for submitting the application?
Applications must generally be submitted to the competent tax authorities by 31 March of the relevant tax year.
How long does the regime apply?
The regime may apply for a maximum period of fifteen years.
Considering the Tax Regime for Foreign Pensioners in Greece?
We handle the legal process end-to-end, ensuring a smooth and compliant transfer of your tax residence.