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🇬🇷 Retire in Greece

Everything you need to know about early retirement in Greece — taxes, cost of living, healthcare, visa options, and how to calculate your FIRE number.

Quick Facts

Currency
EUR
Cost of Living
moderate
Index: 55/100
Capital Gains
15% capital gains tax
Top Income Tax
44%

Taxes for Retirees in Greece

Greece has 15% capital gains tax on long-term investments. The income tax system uses progressive brackets with a top rate of 44%. For FIRE retirees living off investment income, the effective tax rate is typically much lower than the top bracket since most withdrawals come from capital gains rather than earned income.

Income Tax Brackets

0 – €10,0009%
10,000 – €20,00022%
20,000 – €30,00028%
30,000 – €40,00036%
40,000+44%

Cost of Living in Greece

Greece has a moderate cost of living with an index of 55 (where New York City = 100). While not the cheapest destination, many retirees find the quality of life excellent relative to cost, especially outside major cities.

Healthcare in Greece

Public healthcare available for residents (estimated $1,200/year post-retirement).

Public ESY available. Private €50-150/month recommended.

Special Tax Regimes & Visa Options for Greece

Non-Dom Regime

7% flat tax on foreign income. No reporting of foreign assets.

⏱ Duration: 15 years📋 Eligibility: Not Greek tax resident for 5 of 6 prior years. Min €100k/year foreign income.

Ready to Calculate Your FIRE Number?

See exactly how much you need to retire in Greece. Compare taxes, cost of living, and run Monte Carlo simulations — all free.

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FAQ: Retiring in Greece

How much money do I need to retire in Greece?

Using the 4% safe withdrawal rate, you need approximately 25x your annual spending. With Greece's moderate cost of living (index 55/100), your FIRE number could be significantly lower compared to retiring in the US. Use our free calculator to get your exact number.

What are the tax implications of retiring in Greece?

Greece has 15% capital gains tax and a top income tax rate of 44%. For FIRE retirees primarily living off investment income, the effective tax rate depends on your withdrawal strategy and account types. Our calculator models this in detail for your specific situation.

Can I get a visa to retire in Greece?

Non-Dom Regime available — 7% flat tax on foreign income. No reporting of foreign assets.. Visa requirements depend on your nationality, income, and assets. Check the visa details in our calculator for the most up-to-date information.