Country guide

Moving to Greece:
the 7% tax, island life, and how to get in.

The FIP visa needs €3,500/month in passive income. Foreign pensioners can lock in a 7% flat tax for 15 years. Most of the country qualifies for the Golden Visa at €400,000. Here's everything else — from official sources, checked and dated.

Greece quick facts · verified 8 July 2026
10.4MPopulation, 1 Jan 2025 estimate (ELSTAT)
€3,500/mo2026 FIP visa income requirement — up from €2,000 in Jan 2025
7%Flat tax on all foreign income for qualifying foreign pensioners — 15 years (Art. 5B)
€400k+Golden Visa property floor since Sept 2024 (€800k in Athens, Thessaloniki, big islands)
2.5%2025 average inflation (ELSTAT CPI)
81.9 yrsLife expectancy at birth (Eurostat 2024) — above the EU average
#20Worldwide English proficiency ranking (EF EPI 2025)
7 yrsContinuous residence required before a citizenship application
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Recent rule changes

Three things that changed recently — and matter

The FIP income bar jumped 75%. From 1 January 2025, the Financially Independent Person visa — the main retiree route — requires €3,500/month in stable passive income (was €2,000), plus 20% for a spouse and 15% per child. The 2026 figure is unchanged. Applications are assessed in euros, at your Greek consulate.
The €250k Golden Visa is effectively gone. Law 5100/2024 raised the property thresholds from 1 September 2024: €800,000 in Attica, Thessaloniki, Mykonos, Santorini and islands with 3,100+ residents; €400,000 everywhere else; minimum 120 m². Only commercial-to-residential conversions and listed-building restorations keep €250,000. All transitional windows have now expired.
Income tax fell in January 2026. Law 5246/2025 cut most mid-bracket rates by 2 points (new scale 9%–44%, with a 39% band at €40–60k), zero-rated under-25s up to €20,000, and replaced the 35% rental-income band with 25% between €12,000 and €35,000.
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