Cited June 2026 · 1 primary source · screening, not advice
Greece 7% flat tax: pension eligibility checklist
Greece offers foreign pensioners a flat 7 percent annual tax on foreign-source income for up to 15 years under Article 5B of the Income Tax Code. This checklist covers the five published eligibility conditions. Work through each item before consulting a Greek tax adviser. This is screening information, not tax advice.
Steps
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Prior non-residency in Greece
Confirm you were not a Greek tax resident for at least five of the six calendar years before the year in which you intend to transfer your tax residence to Greece.
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Transfer from a qualifying country
Confirm your current tax residence is in a country that has an administrative-cooperation agreement in the field of taxation with Greece. EU member states and most OECD countries qualify.
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Application deadline of 31 March
Submit your application for tax-residence transfer and election of this regime by 31 March of the tax year in which you transfer. Applications received after that date apply to the following tax year.
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Confirm the 7% headline rate applies to all foreign income
The flat rate covers all foreign-source income, replacing the standard progressive tax on that income. Greek-source income is taxed separately under standard rules.
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Understand the full-payment requirement
The full annual tax liability must be paid each year without exception. Non-payment in any single year terminates the regime permanently; standard Greek income-tax rules then apply to worldwide income from that year onward.
Official source
Cited requirements
| Prior non-residency in Greece | Must not have been a Greek tax resident for five of the six years prior to transferring tax residence to Greece. Good PwC Worldwide Tax Summaries, Greece, other tax credits and incentives Verified 2026-06-25 not have been Greek tax residents for the previous five of the six years prior to the transfer of their tax residence to Greece |
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| Transfer from a qualifying country | Must transfer tax residence from a state with which an administrative-cooperation agreement in the field of taxation with Greece is in force. Good PwC Worldwide Tax Summaries, Greece, other tax credits and incentives Verified 2026-06-25 transfer their tax residence from a state with which an agreement on administrative cooperation in the field of taxation with Greece is in force |
| Application deadline of 31 March | Apply by 31 March of the tax year of transfer; applications submitted after that date are deferred to the following tax year. Good PwC Worldwide Tax Summaries, Greece, other tax credits and incentives Verified 2026-06-25 The application for the tax residence transfer and submission to this regime is submitted by the pensioner until 31 March of the respective tax year. |
| Confirm the 7% headline rate applies to all foreign income | 7 Good PwC Worldwide Tax Summaries, Greece, other tax credits and incentives Verified 2026-06-25 Every tax year, individuals will pay tax at a rate of 7% on their foreign-sourced income, with exhaustion of the tax liability for this income. |
| Understand the full-payment requirement | Non-payment of the full tax due in any single year triggers exit from the regime: the general Greek income tax rules then apply to worldwide income from that year onward. Good PwC Worldwide Tax Summaries, Greece, other tax credits and incentives Verified 2026-06-25 non-payment of the entire amount of tax due in one tax year results in the application of the general provisions of the ITC for the taxation of their global income from the relevant tax year onwards |
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PwC Worldwide Tax Summaries, Greece, other tax credits and incentives, verified 2026-06-25, https://mysecondcountry.com/tools/greece-7-percent-pension-tax-checklist#steps.0.requirement -
PwC Worldwide Tax Summaries, Greece, other tax credits and incentives, verified 2026-06-25, https://mysecondcountry.com/tools/greece-7-percent-pension-tax-checklist#steps.1.requirement -
PwC Worldwide Tax Summaries, Greece, other tax credits and incentives, verified 2026-06-25, https://mysecondcountry.com/tools/greece-7-percent-pension-tax-checklist#steps.2.requirement -
PwC Worldwide Tax Summaries, Greece, other tax credits and incentives, verified 2026-06-25, https://mysecondcountry.com/tools/greece-7-percent-pension-tax-checklist#steps.3.requirement -
PwC Worldwide Tax Summaries, Greece, other tax credits and incentives, verified 2026-06-25, https://mysecondcountry.com/tools/greece-7-percent-pension-tax-checklist#steps.4.requirement