Law and taxes
Greece's Non-Dom Tax Status: Why High-Net-Worth Investors Choose This Program
When discussing moving to Greece, most people think of the sea, the climate, and the Golden Visa program. However, high-net-worth investors are increasingly discussing another tool — the Non-Dom tax regime.
In my view, this is one of Europe’s most attractive tax programs for individuals with international business, investments, and assets outside Greece.
However, there are many myths surrounding it. Many believe that simply buying property automatically allows them to pay a flat tax. In practice, it is significantly more complex.
What is Non-Dom Status?
The Non-Dom regime was created to attract major international investors and entrepreneurs to Greece.
If an individual meets the legal requirements and transfers their tax residency to Greece, they can choose an alternative tax regime for their foreign income.
The main feature of the program is that instead of taxing all foreign income, the investor pays a flat tax of €100,000 per year, regardless of the amount of income earned outside Greece. This regime can remain in effect for up to 15 years.
Who Can Use the Program?
To obtain this status, several conditions must be met.
The main requirements are:
- Not having been a Greek tax resident for at least seven of the last eight years;
- Transferring tax residency to Greece;
- Investing at least €500,000 in the Greek economy. This can be investments in real estate, business, shares, or other assets provided for by law. The investment must be completed within three years of filing the application.
Why is This Program Attractive to Major Investors?
If an individual earns significant income abroad — from companies, dividends, investments, or international business — a flat tax can be substantially more advantageous than standard taxation.
In addition, the program provides long-term tax predictability, which is especially important when planning family capital.
It should be understood that the Non-Dom regime does not automatically exempt an investor from all taxes in Greece. Income earned directly in Greece is taxed under general rules, and the program itself requires compliance with statutory conditions.
How AILIT Group Helps
In practice, most questions arise even before filing the application:
- Which property is best to purchase?
- Which investment meets the program’s requirements?
- How to properly structure asset ownership?
This is why it is crucial to work not with a single company, but with a team of specialists.
AILIT Group supports investors at every stage: helping select real estate or an investment project, organizing collaboration with lawyers, tax consultants, accountants, and engineers, as well as coordinating the document preparation process.
We treat every situation individually, as there are no one-size-fits-all solutions for major investors.
If you are planning to transfer your tax residency to Greece or want to find out whether the Non-Dom regime is right for you, AILIT Group specialists will help evaluate your situation and select the optimal investment strategy.
Article reviewed by Alexey Fatuev — expert in construction and real estate development in Greece.