What is the 7% tax in Greece?

Foreign income, such as dividends, interest, and capital gains, are also taxed at 7%. Tax credits and deductions for international double taxation may be applied against the 7% tax if it has already been paid at source. The special regime is valid for up to 15 consecutive years.



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For the tax year 2022 (the tax return filed in 2023), you may be eligible to exclude up to $112,000 of your foreign-earned income from your U.S. income taxes. For the tax year 2023 (the tax return filed in 2024), this amount increases to $120,000.

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11 Countries with The Lowest Taxes in Europe: 2023 Tax Guide
  • Andorra. This medieval village nestled into the mountainside shows the beauty of the Andorran countryside. ...
  • Hungary. Beating Bulgaria, Hungary has a corporate income tax rate of 9% tax rate with no minimum. ...
  • Bulgaria. ...
  • Czech Republic. ...
  • Georgia. ...
  • Gibraltar. ...
  • Malta. ...
  • Monaco.


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How Much Money Do I Need to Retire In Greece Comfortably? All in all, you can expect to live comfortably on a budget of 2,000 Euro per month, which includes average monthly costs and rent for a one-bedroom apartment in the city center of Athens.

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