New privileged conditions for the transfer of tax headquarters (natural and legal persons) to Greece from abroad. According to Law 4616/2019 of the Greek state, natural or legal persons who will be subject to the alternative way of taxing their income from abroad, will have to pay each tax year a flat tax of 100,000 euros regardless of the amount of their income in the countries in which they operate. Duration up to 15 tax years.
In case of extension of the application of this alternative method of taxation to a relative, an additional annual flat tax of 20,000 euros is paid.
The following conditions must be met for the inclusion of a natural person in the program:
a. the natural person in question was not a tax resident of Greece for the previous 7 of the 8 years prior to the transfer of his tax residence to Greece.
b. this natural person proves to be investing the same, or his relative, or through a legal entity in which he has the majority of shares, in real estate or companies or securities or shares in legal entities based in Greece. The amount of these investments can not be less than 500,000 euros and must be completed within 3 years.
* Condition (b) is not required to be met, if it is a natural person who has obtained and maintains a residence permit for investment activity in Greece.