Taxation
The Greek Tax System
Greece has a progressive income tax system with rates ranging from 9% to 44%. Non-resident property owners are subject to Greek income tax on rental income. Capital gains on property sales are currently exempt from tax for individuals.
Greece offers a non-domicile tax regime for high-net-worth individuals who transfer their tax residency to Greece — a flat annual tax of €100,000 on foreign-source income, regardless of amount.
Property Law
Buying Property in Greece
Foreign nationals can purchase property in Greece without restriction (with some exceptions in border regions requiring special permits). The process involves engaging a Greek lawyer, obtaining a Greek tax number (AFM), and completing due diligence.
Transaction costs — including transfer tax (3.09%), notary fees, and legal fees — typically amount to 8–10% of the purchase price.