Greece with its non-Dom regime is becoming a point of attraction on the map of Europe, where millionaires are ready to go and live – there are all the reasons and prerequisites for this. The case of the UK, which abolished the preferential regime for HNWIs in 2025, showed that wealthy audiences quickly pack their bags if the conditions of stay become uncomfortable. Politicians wanted to play on the opportunistic thesis that foreign millionaires are to blame for everything. And they decided to raise taxes specifically for the rich. As a result, a preliminary forecast by the UK Centre for Economic and Business Research showed that in the first year alone the Treasury would suffer a net loss of £2.4 billion ($3.26 billion).
Non-Dom in Greece
Greece, on the other hand, ranks as the European country with the most favorable tax climate for HNWIs because it offers wealthy foreign investors tax-optimizing opportunities. Since its introduction in December 2019, the Greek Non-Dom regime has made the country an attractive destination for high-net-worth individuals (HNWIs). This is an alternative to the progressive Greek tax rate, where the maximum rate reaches 44%. In particular, the Non-Dom regime can be used by investors who purchase real estate in Greece worth at least €500,000.
Key facts
about Non-Dom Greece:
- A flat tax of €100,000 per year covers all tax liabilities on foreign income.
- Possibility of extending a special tax regime to family members with an additional tax of €20,000 per family member per year.
- No obligation to declare foreign income.
- Income received in Greece is taxed in accordance with the general provisions of Greek tax law.
Requirements
for obtaining Non-Dom status:
- Not being a tax resident of Greece for the last 7 out of 8 years.
- Must spend at least 183 consecutive days per year in the country.
- Invest at least €500,000 in Greece (real estate, securities, shares of Greek companies) within 3 years from the date of application.
How to apply
You can apply for Non-Dom status in Greece either immediately before investing or within 3 years of making the investment. In this case, you will need to maintain the investment for the entire 15-year period of the regime – otherwise, the law provides for the possibility of canceling the Non-Dom regime.
Non-Dom in Europe
Greek non-Dom is not unique – some European countries also have a similar regime. The most popular country among wealthy foreigners wishing to change their residence was Great Britain. At one time, such famous personalities as Lakshmi Mittal and Bernie Ecclestone chose London and the “non-Dom” status to create their business empires. But from April 6, 2025, the Chancellor cancelled the program.
In 2024, Portugal closed its Non-Habitual Resident program. In Italy, the flat tax rate was doubled in 2024 – to €200,000.
Thus, Greece turned out to be the most welcoming country in Europe for foreign HNWIs. Here they are ready to issue a residence permit (Golden Visa) for the purchase of real estate, when the same Spain and Portugal have cancelled this option, and at the same time you can also become a tax resident, with obvious advantages for yourself.
How to get a residence permit in Greece, “Golden Visa”?
Option to purchase real estate for an amount of €250,000 (minimum). Real asset with title deed. Residence permit immediately for 5 years with the right to extend while maintaining the investment.
Greece Golden Visa for the purchase of apartments on the Athenian Riviera
A new property on the market in the most prestigious suburb of Athens – Paleo Faliro. A chic promenade, sandy beaches, the luxurious Marina Flisvos, and only 4 km to the historical center of Athens.
The five-story building is being converted from a commercial property into a residential one. This means that the project is suitable for the minimum investment for a Greek residence permit – from €250,000.
The building will have only 20 apartments and three mezzanines, many of which have already been booked due to the prestigious location combined with reasonable prices.
Rental income is a guaranteed 3% for 3 years. The project is scheduled for completion in Q2 2027. The apartments are rented out with a fine finish, including Grohe plumbing, high-quality European kitchens.
For example, a maisonette with a total area of 73.8 m2 on floors 0-1 with one bedroom and two bathrooms + a private patio of 26.5 m2 for €310,000. Or an apartment on the fourth floor with one bedroom, one bathroom, with a total area of 41.3 m2 for €268,000.
We remind you that with the assistance of APEX Capital Partners, you can choose and purchase real estate under the Greece Golden Visa program and obtain status for the whole family.
