Why Retire in Greece?
Greece has become one of Europe's top retirement destinations, and for good reason. With its Mediterranean climate, affordable cost of living, world-renowned cuisine, and the attractive 7% flat tax regime for foreign pensioners, Greece offers an unbeatable package for retirees.
Step 1: Understand Your Visa Options
EU/EEA citizens can live in Greece without a visa. Non-EU citizens have several options:
- Golden Visa: Invest €250,000+ in Greek property for 5-year renewable residency - Financially Independent Person Visa: Prove sufficient passive income (typically €2,000+/month) - Retirement Visa: Available for some nationalities with pension income
Step 2: Establish Tax Residency
To benefit from Greece's tax advantages, you must become a Greek tax resident. This means:
- Spending more than 183 days per year in Greece - Having your permanent home in Greece - Registering with the Greek Tax Office (AADE)
Our tax residency service handles this entire process.
Step 3: Apply for the 7% Flat Tax Regime
Once you're a Greek tax resident, you can apply for the special 7% flat tax on foreign pension income. This regime lasts 15 years and can save you thousands annually.
Key requirements: - You were not a Greek tax resident for 5 of the last 6 years - You transfer your tax residency from a treaty country - You commit to staying in Greece at least 183 days per year
Learn more about our 7% tax regime service.
Step 4: Get Your AFM (Tax ID)
The AFM is your Greek Tax Identification Number — essential for everything. You'll need it for: - Opening a bank account - Buying property - Paying taxes - Connecting utilities
We can obtain your AFM without you visiting a tax office.
Step 5: Open a Greek Bank Account
A Greek bank account is essential for receiving your pension and managing daily expenses. Major banks like Piraeus Bank, National Bank of Greece, and Eurobank offer English-language services.
Our bank account opening service handles this remotely.
Step 6: Find Your Home
Whether you want a city apartment in Athens, a village house in the Peloponnese, or a beachfront villa in Crete, Greece has options for every budget.
Popular retirement locations: - Athens: Culture, healthcare, international connections - Crete: Island life with excellent infrastructure - Peloponnese: Authentic Greece at affordable prices - Corfu: Established British community - Rhodes: 300 days of sunshine
Explore our destination guides for detailed comparisons.
Step 7: Register for Healthcare
As a Greek tax resident contributing to EFKA, you can access Greece's public healthcare system. Many retirees also supplement with private insurance for faster access to specialists.
Our healthcare registration service guides you through the process.
Step 8: Integrate and Enjoy
The final step is the best one — building your new life. Learn some Greek (locals appreciate the effort), join expat groups, explore your region, and embrace the Mediterranean lifestyle.
Timeline Summary
Ready to Start?
Book a free consultation with our team. We'll assess your situation and create a personalized relocation plan.
