Lump sum
EUR 100,000
Duration
15 years
Prior non-residency
7 years
required before applying
Standard top income tax
44.0%
Greece, without the regime
Overview
- Regime
- Article 5A (HNW Alternative Taxation)
- Country
- Greece
- Type
- Lump sum
- Status
- Active
- Effective from
- Jan 1, 2020
- Expires on
- —
Details
- Summary
- Annual lump-sum tax on all foreign-source income for high-net-worth individuals who transfer tax residence to Greece.
- Eligibility
- Must not have been Greek tax resident in seven of the eight years before the application. Must invest at least EUR 500,000 in qualifying Greek assets within three years (or hold a qualifying investor residence permit).
- Benefits
- EUR 100,000 annual lump-sum tax exhausts Greek tax on foreign-source income (including capital gains) for 15 tax years; Greek-source income taxed normally.
- Requirements
- Application to AADE with proof of funds transferred to a Greek bank; investment documentation as required.
- Limitations
- Cannot combine with Article 5B; may combine with Article 5C if conditions met. Greek-source income remains fully taxable.
- Income types covered
- Foreign-source income (worldwide outside Greece)
- Duration details
- 15 tax years
Other regimes in Greece
| Name | Type | Rate |
|---|---|---|
| Article 5C (50% Employment Income Exemption) | Percentage exemption | — |
| Article 5B (7% Foreign Pension Regime) | Flat rate | 7.0% |
View source AADE / Income Tax Code art. 5A