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.
A clip from The Expat Money Show features an account of a Canadian bank account being locked following a small Bitcoin purchase, with commentary on increasing restrictions in Canada's banking system. The segment presents Bitcoin as an alternative for those concerned about banking access.
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.
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.
Changes to Ontario Regulation 422/17 under the Ontario Immigration Act, 2015 came into force on June 26, 2026, eliminating the existing eight OINP streams. A new Ontario Workforce Priority stream with an Expression of Interest system is set to open following the redesign.
Ontario's Immigrant Nominee Program (OINP) introduced amendments effective June 26, 2026, following a pause on May 30, 2026. The redesign aims to align immigration streams with labour market needs and address workforce shortages in key economic sectors.