Global Retirement Report: Greece

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Introduction

Rankings Snapshot

Index
Ranking
Score
Overall Ranking
10th
95.9
Procedure Index
27th
75.9
Citizenship and Mobility Index
1st
99.8
Quality of Life Index
11th
83.5
Tax Optimization Index
31st
65.6
Costs and Invest Index
38th
86.6

Country Information at a Glance

Category
Details
Legal Provision
FIP Visa — Financially Independent Person (FIP) visa under Law 5038/2023; Type D national visa, then a renewable 3-yr permit.
Region
Europe
Income Requirements
€3,500/mo (Law 5038/2023). Qualifying income: Pensions, rental, dividends, investments (or a approx. €126,000 3-yr deposit).
Processing Time
2-6 months
Family Member Inclusion
Spouse (+20%) and each dependent child (+15%); family may apply simultaneously.
Tax Benefits
Worldwide taxation; income tax 9%–44% (mid brackets cut 2026). Wealth tax: None. Inheritance tax: 10%–40% by relationship; €150k threshold close family. Retiree benefits: 7% flat tax on foreign-sourced income/pension for up to 15 yrs; €100,000/yr HNWI flat-tax option.
Path to Citizenship
7 years of continuos citizenship. Time spent on this visa counts toward the residency requirement for naturalisation.
Dual Citizenship
Allowed

Conclusion

Greece places #10 of 46 overall (score 95.9), scoring strongest on Mobility & Citizenship and weakest on Tax Optimisation. Its FIP Visa sets an income bar of €3,500/mo, with citizenship possible after 7 years. It best suits those who value travel freedom and a clear path to a second citizenship; the main trade-off is that the tax treatment of foreign and retirement income is less favourable.
Footnotes
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Explore More with Related Reports

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