Greece — Tax Guide, Residency & Cost of Living for Expats

Europe · Southern EuropeUpdated 2026

Tax Score

38/100Worldwide

Tax Data

Income Tax9% – 44%
Corporate Tax22%
Capital Gains15%
VAT/GST24%
Wealth TaxNo
Inheritance TaxYes

Residency & Visas

Golden VisaUSD 400,000
Digital Nomad VisaYes
Min. Residency CostUSD 400,000
Citizenship in7 years

Cost of Living & Quality of Life

Cost of Living Index42
Safety7/10
Internet60 Mbps
Healthcare6.5/10
Gasoline$2.33/L

Tax Overview

Greece applies a worldwide tax system with high progressive rates. Residents are taxed on their global income, which can represent a significant burden for high earners.

Personal Income Tax

Personal income tax in Greece ranges from 9% – 44% progressively. The top marginal rate is high by regional standards.

Corporate & Capital Gains

The corporate tax rate is 22%. Capital gains are taxed at 15%.

Indirect Taxes & Wealth

VAT/GST is 24%, high by international standards. There is no wealth tax. Inheritance tax applies.

Crypto & Digital Assets

Greece takes a standard approach to crypto taxation (score 3/5). Gains are generally treated as capital gains or ordinary income.

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Residency Guide

Relocating to Greece is relatively straightforward. The country offers several residency pathways for foreigners.

Visa Options

Digital Nomad Visa: Greece offers a dedicated visa for remote workers, with processing taking approximately 2 months. Golden Visa: Available with a minimum investment of USD 400,000.

Investment Requirements

The golden visa requires a minimum investment of USD 400,000. Residency by investment requires a minimum of USD 400,000.

Path to Citizenship

The path to citizenship in Greece takes approximately 7 years — a lengthy timeline by international standards.

Practical Considerations

As a non-LATAM destination, applicants should consider potential language barriers and cultural differences. Working with a local immigration attorney and verifying apostille/legalization requirements for documents is recommended.

Also consider: Monaco, Vatican City, Andorra

Lifestyle

Greece has a moderate cost of living, with good standards at a reasonable price. It is considered a safe destination with good infrastructure.

Cost of Living

With an index of 42, Greece offers a balance between quality and price. Expenses are lower than New York City (index 100), but quality of life is high.

Safety & Infrastructure

A safety score of 7/10 indicates a generally safe environment, with normal precautions recommended. Internet speed of 60 Mbps — adequate for remote work.

Healthcare

A healthcare score of 6.5/10 indicates a decent healthcare system. Private health insurance is recommended to supplement public services.

Quality of Life

Greece has a Human Development Index of 0.893 (classification: very high). This indicates excellent standards of education, health, and living standards.

Data: 2026 · Source: pwc,numbeo,undp,ookla

Pros & Cons

Pros

  • No wealth tax
  • Digital nomad visa available
  • Residency by investment (from USD 400,000)
  • Very low cost of living (index 42)
  • High safety rating (7/10)
  • Very high human development (HDI 0.893)
  • Excellent value: affordable and safe

Cons

  • Worldwide tax system — global income taxed
  • High top income tax rate (44%)
  • Inheritance tax applies
  • Private health insurance recommended (6.5/10)
  • High VAT rate (24%)

Frequently Asked Questions

Greece operates under a worldwide tax system: taxes residents on worldwide income, regardless of where it is earned. The top personal income tax rate is 44%.

About this guide

Researched and maintained by the TuLugar team, based in Asunción, Paraguay.

Data sourced from PwC, Numbeo, UNDP, and Ookla.

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