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.
Panama operates a territorial tax system, meaning residents are only taxed on income earned within Panama. Foreign-sourced income, including offshore investment returns and salaries from abroad, is not subject to Panamanian income tax.
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.
A developer with 16 years of experience in Panama's Casco Viejo historic district discusses property prices, government tax incentives for historic restoration, and ongoing redevelopment in the area. Topics include the Plaza Santa Ana project and Panama's broader appeal to foreign investors and expats.
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.
Panama's Qualified Investor Visa is structured around real estate investment, with property ownership serving as the primary qualifying asset. The visa program links residency eligibility directly to purchasing property in the country.
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.
A podcast episode covers the urban revival of Casco Viejo in Panama City, featuring a developer who relocated from Italy to Panama. Topics include the district's transformation, ongoing development around Plaza Santa Ana, and Panama's appeal for expats and investors.