21 March 2025

Greece is fast becoming one of Europe’s top destinations for high-net-worth individuals and retirees, thanks to its attractive tax incentives and vibrant economy. For investors seeking to relocate, take advantage of tax savings, and grow their portfolios, Greece’s Non-Dom regime offers an unparalleled opportunity.

The Non-Dom Regime: A Golden Opportunity for Investors

The Non-Dom regime under Article 5A of the Greek Income Tax Code presents an exclusive tax-friendly environment for foreign investors. This regime allows individuals to make up to three distinct investments of at least €500,000, either directly or through legal entities, offering flexibility and a range of investment opportunities.

These investments must be made from December 12, 2019, and onwards to qualify, and once approved, investors benefit from Greece’s unique tax advantages and robust investment landscape. The Ministerial Decision No. 46834/2023 further refines the criteria, ensuring transparency and alignment with Greece’s long-term economic goals.

Key Investment Options Under the Non-Dom Regime

The eligible investment options under the Non-Dom regime are diverse, ensuring that investors can tailor their choices to their preferences. These include:

1. Real Estate Investment

Investors can acquire or construct property in Greece, benefiting from the growing demand in both residential and commercial markets. The real estate sector presents an opportunity for both capital appreciation and rental income.

2. Legal Entity Investments

This includes capital contributions to Greek companies, either through shares or in the establishment of new companies. Greece's burgeoning sectors, including technology, green energy, and tourism, provide ample opportunities for investors looking to enter these dynamic markets.

3. Greek Government Bonds

Greece offers stable government bonds with a minimum remaining duration of 3 years, providing low-risk investment opportunities with favorable tax treatment.

4. Alternative Investment Funds (AIFs)

Participation in AIFs regulated by the Hellenic Capital Market Commission allows investors to diversify into high-potential sectors like renewable energy, infrastructure, and technology. These funds provide access to a broad array of markets and industries within Greece and beyond.

5. Traded Securities

Investors can purchase shares, bonds, or mutual fund units traded on regulated markets in Greece, taking advantage of Greece’s expanding stock market opportunities.

The Process and Retention Period

For each selected investment, the minimum investment period varies based on the investment type, as outlined in the applicable legislation and the Ministerial Decision No. 46834/2023. In addition, applicants must transfer the minimum investment amount to a Greek bank account before applying for the regime, ensuring that their capital is committed to the Greek economy.

Once investments are made, the Non-Dom regime provides individuals with long-term benefits, including favorable tax treatment on foreign income. The regime encourages investors to remain engaged in Greece’s economy while enjoying a stable and predictable tax environment.

The Benefits of Greece’s Non-Dom Regime for Investors

In addition to the attractive investment options, the Non-Dom regime offers several key benefits that make Greece an even more appealing destination for investors:

• Tax Savings: Investors can enjoy a fixed and highly favorable tax rate on foreign income, which helps preserve wealth and optimize financial planning. This ensures that investors can manage their global income in the most efficient way possible.

• Long-Term Stability: The minimum investment period for selected investments ensures that capital remains committed to growing the Greek economy over the long term. This stability provides peace of mind for investors, knowing their capital is contributing to a growing and secure economy.

• Strategic Location: Greece’s position within the European Union, combined with access to global markets, makes it an ideal base for international business and investment activities. Whether you are looking to expand your business or diversify your portfolio, Greece offers unparalleled strategic advantages.

• Quality of Life: Beyond the financial benefits, Greece offers an exceptional quality of life, with its Mediterranean climate, world-class cuisine, and rich cultural heritage. Investors can enjoy a balanced lifestyle, access to a thriving expat community, and a wide range of leisure and recreational opportunities while maximizing their financial returns.

Conclusion: Make Greece Your Investment Destination

With the ability to make up to three distinct investments of at least €500,000, the Non-Dom regime offers multiple avenues for growth, from real estate and government bonds to stocks and alternative investment funds. The regime not only provides tax advantages but opens up strategic opportunities in a rapidly growing economy.

Now is the time to take advantage of Greece’s attractive investment environment. Make the smart move today, invest in Greece, and watch your wealth grow in a dynamic, tax-efficient environment that combines business opportunity with a high-quality lifestyle.

By: Eleni Petrakou

Posted in: Our News