Greece Flat 7% Tax Rate for Foreign Retirees: Overview
Greece offers foreign retirees a flat 7% tax rate on foreign-sourced income for up to 15 years under its retirement tax regime.
Argentina has approximately 64 banks, including state-owned and private institutions, offering peso and dollar accounts, digital banking, and credit cards to both residents and foreigners. The guide covers how the Argentine banking sector operates for foreign nationals.
Greece offers foreign retirees a flat 7% tax rate on foreign-sourced income for up to 15 years under its retirement tax regime.
The IRS removed its Delinquent FBAR Submission Procedures webpage on July 1, 2026, without issuing a formal announcement or explanation. The procedure had provided a path for taxpayers to submit late FBAR filings without penalty under certain conditions.
A small number of jurisdictions remain outside the Common Reporting Standard's automatic exchange of financial information. The article identifies these countries and outlines residency or citizenship pathways available in each.
US-source dividends are subject to a 30% withholding tax regardless of where the recipient resides, including in zero-income-tax jurisdictions like Monaco and Dubai. Countries with lower headline tax rates but active US tax treaties may result in a lower effective tax rate on such income.
An Argentine court has ruled against President Milei's use of an executive decree to overhaul citizenship rules, though the ruling is case-specific and does not immediately affect the investment program. The constitutional basis of the investment program remains a separate, unresolved question.
Turkey provides a 20-year tax exemption for certain property investments in Istanbul, which can also qualify investors for a fast-track citizenship route. Istanbul's serviced apartment market is cited as one vehicle for meeting the investment threshold.
The video discusses citizenship-based taxation as a potential development affecting high-net-worth individuals and their international tax planning strategies.
Argentina is reported to be developing a citizenship by investment program, described as a 'golden passport' scheme intended to help pay down national debts.