Thinking of relocating to Greece — but concerned about taxes?

You are right to think strategically.

In recent years, the Greek government introduced special tax regimes under Article 5A, 5B and 5C of the Greek Income Tax Code to attract:

These regimes offer significant tax benefits, but each has strict eligibility criteria, deadlines, and long-term commitments.

Choosing the correct regime requires careful tax planning before you move.

Article 5A – High-Net-Worth Individuals (Non-Dom Regime)

Article 5A is designed for individuals with substantial global income who wish to transfer their tax residency to Greece.

How It Works:
You may opt to pay a flat tax of €100,000 per year, regardless of your global income level.

No detailed disclosure of foreign-source income is required under this regime.

Key Requirement:

Eligible investments may include:

This regime is particularly attractive for ultra-high-net-worth individuals seeking certainty and simplicity in taxation. However, it requires long-term commitment and structured planning.

Article 5B – Pensioners (7% Flat Tax Regime)

Article 5B applies to individuals who already receive a pension and transfer their tax residency to Greece.

Under this regime, you pay a 7% flat tax on your total global income.

This is not 7% only on your pension. It applies to your entire worldwide income.

Important Clarification:

Before choosing this regime, we must analyze:

Article 5C – 50% Tax Exemption for Employees & Entrepreneurs

Article 5C applies to employees relocating to Greece and self-employed professionals establishing activity in Greece.

The Benefit:
You receive a 50% exemption on your taxable income.

The 50% applies to taxable income, not directly to the tax amount.

Applies to:

Timing Is Critical: Deadlines Matter

In Greece, the tax year runs from January to December.

Article 5B Deadline:
Applications must generally be submitted by mid-March of the relevant year.

Article 5C Timing:
You must begin employment or establish business activity between January and early July (typically before July 2nd) to benefit for the entire tax year.

If you relocate after that date, you may be considered non-tax resident for that year, pay normal taxation, and receive the benefit starting the following year.

Article 5A also has strict application timelines and investment deadlines.

Minimum Stay & Commitment Requirements

All three regimes require:

These regimes are structured policies designed to attract capital, tax revenue, skilled professionals, and returning Greeks. Long-term planning is essential.

Which Regime Is Right for You?

The correct choice depends on:

Arriving at the wrong time — even by a few weeks — can significantly affect your tax outcome.

Plan Before You Move

The year and date you choose to relocate can change your tax outcome dramatically.

Consult a professional before making commitments.

A well-timed decision can save significant taxes and prevent costly corrections later.