The Little-Known Greek Tax Loophole

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Greece has captured the attention of both tourists and investors with its breathtaking landscapes, rich history, and vibrant culture. In particular, the country’s flat tax regime has solidified its position as an attractive destination for foreigners seeking tax-efficient residency options.

In this video, Andrew shares the little-known Greek tax loopholes.

00:00 Start
00:20 Tax Reduction
02:30 Benefits of Moving to Greece
04:40 Moving Business Overseas
07:14 Greece Golden Visa

Nomad Capitalist helps clients "go where you're treated best". We are the world's most sought-after firm for offshore tax planning, dual citizenship, and international diversification and asset protection. We use legal and ethical strategies and work exclusively with seven- and eight-figure entrepreneurs and investors.

We create and execute holistic, multi-jurisdictional Plans that help clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against threats in their home country.

No other firm offers clients access to more potential options to relocate to, bank in, or become a citizen of. Because we do not focus only on one or a handful of countries, we can offer unbiased advice where others can't.

DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.

[anicca]

Got The Golden Visa in Greece last year. Life has never been better! Greek islands are an amazing place to live.

[williamhagertygabbiani]

The only certain thing about Greece is uncertainty. Greece is one of the most beautiful countries in the world and you can enjoy it as long as you DO NOT work there or have any business dealings in the country. The Greek bureaucracy is like an octopus with never-ending tentacles, once you are in its grip, it will never let you go!

[carolinematta]

Greece has a golden visa for 500, 000 EUR for Athens and Thessaloniki and a few other places (!) but the rest of the country remains at 250, 000 EUR. There are still options at 250, 000 EUR, thankfully.

[bayernmunich]

This video about to go viral in greece

[turbo]

I’m thinking about moving to Greece.
Applied for my citizenship by descent last year. Still waiting.

[castleincorporated]

nice to know you can get residency if you're really interested in living in the Greek culture

[smallmovezmusic]

Lots of opportunities for investment in Greece.
It's a relationship-based culture.

[nooralansare]

Would you please talk about the changes in Cyprus slow track and fast track residency permit

[villagerintheshire]

Did Andrew explain the minimum stay requirement to take advantage of this ...?

[Valhalla_Heathen]

Although I have Norwegian in my ancestry I have thought about moving to Norway but the insane taxation there makes me second guess that 😓

[charlesrocks]

I’m surprised you’re not talking about El Salvador. They just eliminated a ton of taxes for Tech Companies including property taxes.

[alt-thinking]

Need to elaborate the company part, if you want to reduce company tax burden

[lucas.santino]

Is the lump sum tax regime available for EU citizens that have not lived in Greece?

[earldurant]

What would happen for example if for the first 5years it's great tax incentive to pay the 100 000eur. But then it no longer is viable. Will the money made in the previous 5years all of a sudden not be protected/becomes taxable? If you opt out the 15 year cycle?

[h.d.]

Can children over 22 (22+ years old children)of an Italian citizen be legally brought to Italy? If so, please explain how to do it

[kevinstrong]

I'm confused. Setup your company outside of Greece but live in Greece for the tax loop. Where are you setting up that company and won't that country require you to pay taxes (separate from the 5% loop hole)

[snowjx]

Would this work for a trader and not a business owner?

[nuriagarciaines]

Do you have to live in Greece for a minimum amount of time?

[plavanvali]

Why to not move to Dubai and pay nothing?

[ZabljakLand]

What if you go through a BVI or Cooks company/fund? I'd i'm making 15% interest/dividends on 5m euro, wouldn't it be more lucrative to run it through an offshore account?