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.
Italy's Article 24-ter flat tax regime offers foreign retirees a 7% rate on all foreign income for up to ten years. The article covers recent changes to the scheme and the conditions required to qualify.
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.
Turkey's citizenship by investment program is being promoted alongside a 20-year tax exemption benefit for qualifying foreign nationals who establish residency. The arrangement is intended to attract wealthy individuals seeking both a second passport and a long-term tax-advantaged base.
A June 2026 roundup covers common US tax mistakes made by expats, rising travel costs, and UK inheritance tax planning considerations for British nationals living abroad.