Repatriation push targets Greeks, Europeans

The authorities is offering repatriation incentives to Greeks and different Europeans willing to transfer their tax residence to Greece, provided they take up employment successful the nationalist sector.

The measurement targets university professors, doctors and scientists, extending favorable tax provisions that see a 50% exemption from income tax connected net for 7 years, arsenic well arsenic exemption from imputed income related to the ownership and use of backstage vehicles.

The inaugural broadens an existing model that antecedently applied to those working successful the backstage sector. Under a determination signed by Deputy Finance Minister Giorgos Kotsiras and Independent Authority for Public Revenue Governor Giorgos Pitsilis, the special tax authorities under Article 5G of the Income Tax Code is present available to individuals employed arsenic salaried workers successful the Greek nationalist sector.

The argumentation applies to caller applications submitted aft the work of the decision, applications filed from July 28, 2025, and pending applications earlier the tax medication arsenic of that date.

Applicants indispensable conscionable specific criteria: They indispensable not person been Greek tax residents for 5 of the erstwhile six years, indispensable transfer tax residence from an EU oregon European Economic Area member-state oregon from a state with administrative tax practice agreements with Greece, and indispensable supply services successful Greece done employment successful a home oregon overseas entity oregon the nationalist sector. They indispensable besides state an volition to stay successful Greece for astatine slightest two years.

Applications are submitted digitally done the myAADE platform, where compliance with programme conditions is besides monitored.

According to Finance Ministry data, astir 8,000 applications person been submitted, with much than 5,000 approved. Most applicants are Greeks who near during the fiscal situation and are returning under little tax rates. Hundreds of further applications stay pending owed to incomplete documentation.

The incentives besides complement provisions introduced successful 2020 targeting wealthy individuals and pensioners. More than 240 affluent foreigners person transferred their tax residence to Greece, chiefly from London, arsenic well arsenic the United States, Australia and the United Arab Emirates. They are required to put astatine slightest €500,000 within three years and support the concern for 15 years.

Additionally, astir 1,000 pensioners, chiefly from Scandinavia and Germany, person relocated to Greece under akin incentives.