For moving your pension to Greece
For working as an employee or Freelancer in Greece
To enjoy your full social benefits in Greece
If you are a foreign resident and wish to acquire assets in Greece (e.g car, house, pleasure boat) you must issue a tax identification number to the National Tax Agency.
Additional necessary actions are the issuance of a personal key code and the appointment of a tax representative in Greece.
The tax representative will be notified of your financial obligations towards the Greek administration and will inform you about the necessary actions required.
Finally, depending on your activity in Greece, you may be required to submit an annual tax return.
Your tax obligations will be managed through the tax office’s electronic platform (taxisnet), on which we will create an individual account for you after the VAT issuance process.
Citizens of the EU, EEA, Switzerland and third countries with bilateral agreements of double taxation avoidance, that transfer their permanent tax residence to Greece and have acquired the right to a pension in their country of origin, will be taxed in Greece with a 7% flat tax percentage.
In combination with the right to transfer their health coverage rights, any pensioner who chooses to reside permanently in Greece will enjoy not only preferential taxation rates but also full social rights as in their home country.
Those who wish to work in Greece, or operate, as freelancers, or entrepreneurs are eligible to 50% exemption from the income tax they would normally owe based on the National Income Tax Code.
The current income tax classes for employment or a single person company or freelancing BEFORE THE TAX DISCOUNT are:
PLEASE NOTE THAT THE CALCULATIONS BELOW ARE INDICATIVE SINCE EACH INCOME TYPE HAS SPECIAL TAX REDUCTIONS. THE TOTAL TAX OF EACH INCOME CLASS IS ADDED TO THE PREVIOUS SINCE THE TAXATION IS PROGRESSIVE.
| Income Class | National Tax Rate | Tax Rate for Foreign Citizens | Total National Tax Per Class | Total Tax for Foreign Citizens Per Class |
|---|---|---|---|---|
|
0-10.000€ |
9% |
4.5% |
900€ |
450€ |
|
10.001-20.000€ |
22% |
11% |
2.200€ |
1.100€ |
|
20.001-30.000€ |
28% |
14% |
2.800€ |
1.400€ |
|
30.001-40000€ |
36% |
18% |
3.600€ |
1.800€ |
|
>40.000€ |
44% |
22% |
|
|
Our team of experienced attorneys and tax advisors have a thorough understanding of the complex Greek tax system and are dedicated to helping our clients minimize their tax liabilities while remaining fully compliant with all applicable laws and regulations.
We offer a range of tax planning services tailored to the unique needs and objectives of each client. Whether you are an individual looking to optimize your personal tax situation or a business seeking to reduce your corporate tax burden, we can provide customized solutions that meet your specific requirements.
Our services include tax planning and optimization, tax compliance and reporting, tax dispute resolution, and representation before tax authorities. We work closely with our clients to understand their goals and objectives and develop comprehensive tax planning strategies that are both effective and sustainable.
Our goal is to help people in the best way possible. this is a basic principle in every case and cause for success. contact us today for a free consultation.
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