Greece
How Greece performs
Tax
High taxes. Greece has one of the heaviest tax burdens in the index, 113th of 123. A large share of income and profit goes to tax, so it suits people who are not moving for tax reasons. Personal income tax 9-44%, corporate tax 22%*, VAT 24%.
Source: Heritage Foundation, Index of Economic Freedom (Tax Burden sub-score)
Safety
Safe. Greece is safer and more stable than most countries we cover (47th of 117).
Source: Institute for Economics and Peace, Global Peace Index
Cost of Living
Fairly expensive. Everyday life costs more here than in most countries we cover (90th of 118). Budget for it.
Source: Numbeo Cost of Living Index
Education
Good education. Education here is stronger than in most countries we cover: Greece is 35th of 120.
Source: UNDP & MBRF, Global Knowledge Index
Every figure is published by the institution named against it. We do not adjust, model or estimate the underlying values. See the formulas.
The detail behind the scores
Taxation
| Corporate income tax | 22%* *29% for credit institutions |
|---|---|
| Personal income tax | 9-44% Applicable tax rate varies based on the amount of income, age and number of children |
| Standard VAT | 24% |
Rates change without notice. Confirm with the relevant tax authority before acting.
Naturalization Requirements and Immigration Pathway
- Residence for naturalization
- 7 years
- Language requirement
- Proficiency in Greek language
- Investment Immigration Pathway
- Greece Golden Visa (GIRP)
- Official language
- Greek
- Dual citizenship
- Allows dual citizenship
1 immigration pathway
Program terms change. Always confirm the current rules with the issuing authority before acting. This page is informational and is not legal or tax advice.
North Macedonia
Bulgaria
Romania
Bosnia and Herzegovina