Greece’s 7% tax regime for foreign pensioners remains one of the most attractive tax residency options in Europe. Eligible pensioners who transfer their tax residence to Greece may continue to benefit from a flat 7% tax on their total foreign-source income for up to 15 years.
Following recent amendments to Article 5B of the Greek Income Tax Code, three important procedural changes apply in 2026:
- The previous 31 March application deadline has been removed from the law.
- The fixed 60-day period for the Tax Administration to decide on an application has also been removed.
- The annual 7% tax is now payable in one instalment by the last working day of December, instead of July.
The eligibility requirements remain unchanged. Applicants must receive pension income from abroad, must not have been Greek tax residents for five of the previous six years and must transfer their tax residence from a country cooperating with Greece in tax matters.
International double tax treaties continue to apply. The tax treatment of each pension may therefore depend on the country of origin and on whether it is a private, occupational or public-sector pension. Before transferring tax residence, applicants should obtain legal and tax advice regarding eligibility, applicable treaties, supporting documents and the correct timing of the application.
Our Law Office provides full support throughout the Article 5B process, from the initial eligibility review to the transfer of tax residence and submission of the application.
Contact us for tailored advice on relocating to Greece under the 7% tax regime.
This article provides general information and does not constitute individual legal or tax advice.