V+R Law Firm Logo



Private Clients & Enterpreneurs / Businesses

A minimum of threshold matters needs to be addressed for purposes of complying with local laws and regulations. We often publish insights on hot topics that many individuals or businesses doing business in Greece regularly face.



Non-Dom Tax Regime

The Greek Government has provided important tax incentives to private individuals (high-net-worth individuals, pensioners, and Greeks living abroad) to transfer their tax residency in Greece. We have successfully advised clients in their relocation to Greece.

In a nutshell, the special non-Dom tax regime, which is valid for 15 years from the date of submission of the relevant application, provides the exhaustion of tax liability for any foreign-sourced income by paying an annual flat tax of €100.000, regardless of the amount of income earned abroad and with no obligation to declare any foreign income in Greece provided that:

  • the individual was not a Greek tax resident in the previous 7 out of 8 years prior to the transfer of the tax residence in Greece, and
  • invest an amount of at least 500.000 € in Greece no later than three years from the application for submission to the non-Dom tax regime