Greece in numbers
Explore how Greece offers the perfect blend of affordability, culture and quality of life for your Golden years
Retiring in Greece offers more than just beautiful landscapes and historic charm—it’s a chance to embrace a lifestyle defined by simplicity, warmth, and culture. From sunny coastlines to vibrant local communities, Greece is a destination that blends relaxation with opportunity.
To make your planning easier, we’ve outlined key information about retiring in Greece. Explore the table below for an overview of essential topics, and click through our resources to learn more about each one in detail.
Topic
Key details
Cost of living
Affordable compared to other European countries, with costs on average 21% lower than the UK
Tax benefits
7% flat tax on worldwide income for eligible retirees, guaranteed for 15 years
Visa requirements
EU citizens: no visa required
Non-EU citizens:
Golden Visa: Options include real estate investment starting at €400,000 (exceptions apply).
Residence Permit: Requires proof of income starting at €3,500/month or sufficient savings
Path to permanent residency
5 years (with additional criteria)
Healthcare
High-quality private healthcare with affordable insurance options (mandatory for non-EU retirees)
Lifestyle
Year-round sunshine, rich cultural heritage, Mediterranean cuisine, and a welcoming local population
Real estate
Rent: 60.2% lower than the UK
Average property price: €2,120 per square meter in Athens
Popular locations
Athens, Crete, Rhodes, Peloponnese
Sources:
Global Property Guide, Sep 2024
Numbeo Cost of Living, December 2024