Retire in Greece with a 7% Flat Tax: A Unique Opportunity for Foreign Pensioners

Greece now offers one of Europe’s most attractive tax regimes for foreign pensioners. Under Article 5B of Law 4172/2013, eligible individuals can transfer their tax residency to Greece and enjoy an alternative taxation system:

Just 7% flat tax on all foreign‑sourced pension income for 15 consecutive years.

To qualify, pensioners must:

• Have lived outside Greece for 5 of the last 6 years, and
• Relocate from a country that cooperates with Greece on tax matters.

The process is straightforward, requiring proof of foreign tax residency and pension income, followed by an application submitted by March 31 of each tax year. Once approved, tax obligations on foreign income are simplified, while Greek‑sourced income continues under standard rules.

At Mouzakis & Partners, we support your transition every step of the way — from tax planning and application management to ongoing accounting and compliance services. With more than 30 years of expertise, we make your relocation to Greece smooth, compliant, and rewarding