Non-Dom for Pensioners
with 7% Tax Rate

To transfer your tax residence to Greece as a pensioner, you must:

• Be a non-Greek tax resident for 5 out of the last 6 years.
• Be a tax resident of a country which has an agreement in force with Greece on administrative cooperation in the field of taxation.
• Earn non-domestic income deriving from pension, payable as a lump-sum amount or periodically.

If you are applying for non-dom residency and you are not an EU citizen, you also need to apply for a Golden Visa.

You need to spend more than 183 days a year in Greece to hold on to your Greek tax residence status. Otherwise, you could risk being considered a tax resident of another country.

Flat annual tax rate

You pay a 7% flat annual tax rate for any non-domestic income deriving from any source. This amount must be paid in a lump sum by the last working day of July of each year.

If you fail to pay the full amount of the lump-sum tax, the special regime ceases to apply and you will be taxed for your worldwide income, in accordance with the general provisions of that tax year.

Double taxation

The non-dom regime for pensioners does not affect any treaties for the avoidance of double taxation. If any tax is paid abroad, it is deducted from the lump-sum payment, based on these treaties or the local tax regulations.

The double taxation treaties in effect between Greece and many countries, such as Canada, Ireland or the UK, often exempt pensions in the country of origin from tax and credit the income entirely to Greece.

The special non-dom regime for pensioners lasts for a maximum of 15 years.

It may be terminated at any time if:

• You fail to fulfil your obligations under the non-dom tax regime.
• You request to have the non-dom tax regime revoked.

You must apply by 31 March of any calendar year, to transfer your tax residence to Greece.

The application must be filed with the Tax Office of Foreign Tax Residents of Athens.

From the time you file your application, you have 60 days to provide all the relevant supporting documents to the Greek tax authorities.

Once you apply, the Greek tax authorities will notify the corresponding authorities at your country of origin.

We have been providing valuable advice on tax planning to domestic and foreign investors and pensioners for decades.

Understanding the complexity of international tax matters and recognising that each pensioner is different, we carefully examine all aspects of your case to design a non-domicile solution that is specifically tailored to your needs.

Backed by our successful track record and the strong partnerships we have forged all over the world, we are your ideal partners for all your non-dom needs.