
Key information at a glance
To make your planning easier, we’ve outlined key information about retiring in Greece. Explore the table below for an overview of essential topics. For more detailed information, check out our article Step By Step Guide to Retiring in Greece and click through our resources linked below to learn more about each one in detail.
Topic
Key details
Cost of living
Affordable compared to other European countries and North America
Learn more in our article Greece Cost of Living for Retirees
Tax benefits
7% flat tax on worldwide foreign income for eligible retirees, lasting for 15 years
Learn more in our article Greek 7% Income Tax for Pensioners
Immigration
EU citizens: no visa required
Non-EU citizens:
Golden Visa: A residency-by-investment program for property buyers
Financially Independent Person (FIP) route: Ideal for those with stable passive income or large savings
Path to permanent residency
5 years (with additional criteria)
Path to citizenship
7 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.
Learn more in our article Retiring in Greece: 15 Destinations with Expert Insights