Greece
HNWI Tax Regime
Overview
Greece’s HNWI Non-Dom Regime allows wealthy individuals who transfer tax residence to Greece to pay a fixed €100,000 annual tax on all foreign-source income.
Available for up to 15 years, this regime boosts Greece’s appeal to global investors and affluent expats.
Benefits
- Fixed €100,000 flat tax per annum on all foreign-source income, irrespective of actual income.
- Extendable to family members (spouse, children, parents) at €20,000/year each.
- No obligation to declare foreign income in Greece.
- Exempt from inheritance and gift tax on foreign assets.
- Greece-source income still taxed under standard rules.
- 15-year maximum duration.
- No foreign tax credits available; tax paid abroad cannot offset the €100k.
- Must invest at least €500,000 in Greek real estate, businesses, or securities (or have Golden Visa exemption).
- Residency requirement is flexible: not required to spend 183+ days in Greece.
- Available to those non-resident in Greece for 7 of the prior 8 years.
Requirements and Procedures
- Non-resident in 7 of the last 8 years before transfer.
- Invest at least €500,000 in Greece within 3 years (Golden Visa holders may be exempt).
- Transfer tax residence to Greece and file application at Foreign Tax Residents Office by 31 March.
- Submit supporting documents within ~60 days (proof of investment, non-dom status).
- Pay lump sum €100,000 (plus €20,000/family) by end-July each year.
- File Greek tax return, declaring Greek-source income and opting into the regime.
- No requirement to declare foreign income in the Greek return.
- Cannot offset foreign tax against the flat fee.
- Regime terminates if lump payment not made, reverting to standard worldwide taxation.
- Lasts up to 15 tax years, renewable annually if conditions continue to be met.
How Charfort can help you?
- Evaluate eligibility and tailor your investment and residency strategy.
- Support investment planning to meet the €500,000 requirement efficiently.
- Assist with application preparation and filing, and gathering required documents.
- Handle annual lump-sum payments and tax filings before deadlines.
- Ensure ongoing compliance, renewal, and documentation for all 15 years.
- Coordinate with Greek and home-country tax advisors to manage potential residency conflicts.
- Advise on Greek-source income tax planning for optimal efficiency.
- Implement strategies for inheritance or gift planning under regime benefits.
- Provide updates and alerts on regulatory changes or program expiry risks.
- Offer bespoke advice for HNWIs aiming to blend Greek tax status with EU mobility.
Frequently asked questions
Everything you need to know about the process.
Contact us today
Charfort assists international clients in obtaining residence and citizenship under the respective programs. Contact us to arrange an initial private consultation.
