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Retiring in Greece:
Your Gateway to the Mediterranean Dream

Retiring in Greece:
Your Gateway to the Mediterranean Dream

Retiring in Greece:
Your Gateway to the Mediterranean Dream

Greece in numbers

Beach of Kerkira in Greece
Beach of Kerkira in Greece
Beach of Kerkira in Greece

300

300

Days of sunshine annually, with 6 hours of daily sunshine even in winter

Days of sunshine annually, with 6 hours of daily sunshine even in winter

Drying octopus in a greek taverna
Drying octopus in a greek taverna
Drying octopus in a greek taverna

800€

800€

Estimated monthly costs ex-rent for a single person, 21% less than the UK

Estimated monthly costs ex-rent for a single person, 21% less than the UK

House with Greek flag
House with Greek flag
House with Greek flag

2,120€

2,120€

Average price per sqm in Athens, 2x- 8x cheaper than most Europe capitals

Average price per sqm in Athens, 2x- 8x cheaper than most Europe capitals

Wallet with euros
Wallet with euros
Wallet with euros

7%

7%

Special tax rate on worldwide income for retirees, valid for 15 years

Special tax rate on worldwide income for retirees, valid for 15 years

Aegean plane taking off
Aegean plane taking off
Aegean plane taking off

2

2

Residency options, including via real-estate investment or Golden Visa

Residency options, including via real-estate investment or Golden Visa

Greece ancient culture architecture
Greece ancient culture architecture
Greece ancient culture architecture

5,000

5,000

Years of history, reflected in vibrant cultural activities all year round

Years of history, reflected in vibrant cultural activities all year round

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

Logo of Mitos Relocation Solutions (white text)
Logo of Mitos Relocation Solutions (white text)
Logo of Mitos Relocation Solutions (white text)
Logo of Mitos Relocation Solutions (white text)