NHR GREECE
New preferential tax conditions and a new quality of life for retirees abroad. According to law L. 4714/2020 of the Greek state, an independent annual tax of 7% is provided for pensioners abroad who will transfer their tax residence to Greece for a period of 10 years.
The new provisions allow natural persons entitled to a pension arising abroad to be subject to alternative taxation of their income of foreign origin.
The natural person who wishes to be subject to the above alternative tax regime, must cumulatively meet the following criteria:
a. not be a tax resident of Greece for the previous five (5) of the six (6) years prior to the transfer of the tax residence to Greece.
b. to transfer his tax residence from a state with which an agreement on administrative cooperation in the field of taxation with Greece is in force.