Digital nomad
The so-called "remote working," which involves working over cloud systems on the internet, has seen a significant rise in recent years.
Digital nomads typically work on the go and can perform their tasks independently of a fixed workplace, thanks to the internet.
Some European countries have recognized this new trend and offer very attractive incentives if you relocate.
Greece has two programs designed to attract digital nomads. The application forms are only available in Greek, but we are happy to handle this for you!
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50% Income Tax Reduction
Active since the beginning of 2021, this program offers a 50% income tax reduction for a period of 7 years, but only for certain nationalities and with a commitment to reside in Greece for at least 2 years.
- Not a tax resident of Greece in the last five out of six years.
- Available for EU/EEA citizens or citizens from a state that has an administrative cooperation agreement with Greece in the tax area.
- 50% reduction in income tax and social security contributions. The top tax rate, which would normally be 44% for earnings over 40,000 EUR, is reduced to 22%.
- Exemption from property tax (real estate transfer tax for the first residential property) and private car use (motor vehicle tax).
2. Digital Nomads Visa
Since early October 2021, Greece has introduced the "Digital Nomads Visa" for non-EU/EEA citizens (Law 4825/2021). This allows you to work in Greece for a foreign employer or your own company based abroad.
Legislation: 5038/2023, Article 68, Paragraph 4 and Article 12, Paragraph 7
Submission: To the Decentralized Administration based on residence
Age: Adult
Duration: Up to two years
Work: No right to access employment
Fee: €1000
Required Documents:
- (*) A copy of a valid passport or travel document recognized by our country.
- (*) National visa (VISA D) category Z1 or Uniform Visa or admission under a visa exemption regime.
- (*) Insurance policy from a private insurance provider.
- (*) A Declaration of Intent stating the applicant’s intention to reside in the country for remote work and a commitment not to provide any work, services, or projects to an employer based in Greece.
- (*) Employment contract or proof of employment relationship with an employer, natural or legal person, based outside the Greek territory. The contract should be either open-ended or, in the case of a fixed-term contract, have a remaining duration that covers the requested residence permit period. Additionally, details showing the applicant’s role in the company and the ability to perform work using Information and Communication Technologies (ICT) outside of Greece are required. If the applicant is self-employed, more than one (1) contract is required. The details must include the company’s name, headquarters, field of activity, corporate purpose, and its active and current operation outside the Greek territory. These details may include registration in a service equivalent to the General Commercial Registry (GEMI) in the country where the company is based, information from the company’s website, or other public sources. If the third-country national applicant is self-employed in their own company, details about their role in the company, as well as details regarding the company’s name, headquarters, field of activity, and corporate purpose outside the Greek territory are required. These details should particularly include registration in a service equivalent to the General Commercial Registry (GEMI) in the country where the company is based, information from the company’s website, or other public sources.
- (*) Proof that the applicant has sufficient resources, in terms of stable income, to cover living expenses during their stay in the country without burdening the national welfare system. The amount of sufficient resources is set at three and a half thousand (3,500) euros per month and is proven by: a) the employment contract or proof of employment relationship, in the case of dependent employment, services, or projects; or b) a bank account statement. If sufficient resources come from salaried services of dependent employment, services, or projects, the above minimum amount refers to net income after the payment of required taxes in the country where the work is provided. This amount increases by twenty percent (20%) for a spouse or partner and by fifteen percent (15%) for each child.
- (*) Accommodation details, which may include either a rental agreement, a property purchase contract, or a usage agreement.
These programs make relocating to Greece economically attractive. But does the infrastructure support digital work?
The internet connection in larger cities and even in rural, touristy areas is generally fast, but on smaller islands and in remote regions, it is significantly slower.
Greece offers everything digital nomads love: space and freedom, reasonable living costs, plenty of sunshine, good food, decent internet speed, rich history, and culture.
With the Digital Nomads Visa, Greece wants to convey the message: "We warmly welcome you!"
Co-working spaces can be easily researched online.
We also offer this service in Pylarinoy 66 , Korinthos in the Peloponnese, and we would be delighted to welcome you.