Greece

Greece

Southern Europe

EuropeEUSchengen
72
Overall score
Strong overall
Language
Greek
Currency
EUR
Citizenship
7 years
Personal tax
9–44% + solidarity
Cost of living
€1,300 / mo (single)

Sun, islands and one of Europe's most popular Golden Visas, paired with attractive flat-tax regimes for retirees and new HNW residents and a digital-nomad visa - though citizenship still takes seven years.

Pros

  • Popular Golden Visa (residency by investment)
  • 7% pension & €100k non-dom flat-tax regimes
  • Digital nomad visa; great lifestyle

Cons

  • 7-year citizenship + Greek exam
  • Lower local salaries
  • Slow bureaucracy

Best for

Investors (Golden Visa)Retirees & HNW relocatorsRemote workers

Score profile

Status & mobility
Passport
95
Citizenship
67
Residence
54
Money & business
Taxes
60
Corporate tax
37
Business
52
Investment
57
Economy
74
Wealth building
60
Living, study & work
Education
85
Salary & work
58
Cost of living
66
Buying power
77
Quality of life
Safety
69
Healthcare
88
Infrastructure
77
HDI
91

Status & mobility

Passport

Rules change often and depend on your situation. Confirm any travel or visa decision with a qualified professional, or do your own research, before acting.

Passport power
Excellent
95

Passport-index style mobility for the Greece passport. The score above is its world reach: the share of 198 destinations reachable without a prior visa.

188 / 198
Mobility
#7
Global rank
Yes
Biometric
  • Visa-free141
  • On arrival38
  • eTA9
  • Visa required10

Passport Index style mobility data (2024–2025 estimate). Placeholder figures; verify current entry rules with each destination’s authority before travelling.

Citizenship

Rules change often and depend on your situation. Confirm any citizenship decision with a qualified professional, or do your own research, before acting.

Citizenship accessibility
Good
67
Years required7 years of legal residence
Dual allowedtrue
LanguageGreek language + history/culture exam (Panhellenic test)
Residence7 years legal residence; Golden Visa years count toward this
NotesGolden Visa residency does not by itself confer citizenship; the 7-year clock and exams still apply.
Residence

Rules change often and depend on your situation. Confirm any residence / visa decision with a qualified professional, or do your own research, before acting.

Openness to residents
Moderate
54
How this score is calculated

Our 0–100 score combines how international the population already is (migrant stock at 45%), governance quality (regulatory quality at 25%), and the curated residence-pathway signal (30%). Available indicators are reweighted; the published values are shown below.

Migrant stock14.2% of population (2024)
Regulatory quality0.48 (−2.5 to 2.5) (2024)

Source: World Bank World Development Indicators

Main pathways
Golden Visa (€250k–800k property)Digital NomadFinancially Independent (FIP)Work permit
StudentStudent residence; limited part-time work.
WorkWork permits via employer; EU Blue Card for skilled hires.
Self-employedSelf-employment & FIP routes; company formation available.
PermanentGolden Visa renewable indefinitely; EU long-term residence after 5 years.

Money & business

Taxes

Rules change often and depend on your situation. Confirm any tax decision with a qualified professional, or do your own research, before acting.

Tax friendliness
Moderate
60
Personal9–44% progressive + solidarity contribution
Corporate22%
Capital gains15%
Dividends5%
Exit taxCorporate exit tax (ATAD); special flat regimes for new residents
Foreign cosCFC rules apply (ATAD)
Personal tax

Rules change often and depend on your situation. Confirm any tax decision with a qualified professional, or do your own research, before acting.

Personal tax
Low
20
Personal9–44% progressive + solidarity contribution
FreelanceSelf-employed (elefthero epangelma); 50% tax break for relocating professionals
Capital gains15%
Dividends5%
Exit taxCorporate exit tax (ATAD); special flat regimes for new residents
Corporate tax

Rules change often and depend on your situation. Confirm any tax decision with a qualified professional, or do your own research, before acting.

Corporate tax
Limited
37
Corporate22%
Capital gains15%
Dividends5%
Foreign cosCFC rules apply (ATAD)
Business
Business friendliness
Moderate
52
How this score is calculated

Our 0–100 score leans on the two things founders ask about most: the tax burden (headline corporate rate at 20%, broader tax friendliness at 15%, and freedom from exit-tax / CFC rules at 10%) plus the regulatory and bureaucratic environment (regulatory quality 15%, government effectiveness 15%), on top of the curated company-rules signal (25%). Available indicators are reweighted; the values are shown below.

Regulation & bureaucracy
Regulatory quality0.48 (−2.5 to 2.5) (2024)
Government effectiveness0.19 (−2.5 to 2.5) (2024)

Source: World Bank World Development Indicators

Rules & taxes
Foreign co.Yes: full foreign ownership
Local co.IKE (private company) with low capital; online options
FreelanceSelf-employed (elefthero epangelma); 50% tax break for relocating professionals
Corporate tax22%
Capital gains15%
Exit taxCorporate exit tax (ATAD); special flat regimes for new residents
Foreign cosCFC rules apply (ATAD)
Investment

Rules change often and depend on your situation. Confirm any investment / tax decision with a qualified professional, or do your own research, before acting.

Investing environment
Moderate
57
How this score is calculated

Our 0–100 score is mostly the investor-tax signal (capital-gains treatment, broker access, wealth tax, and ETF or other taxes on investment, 70%), lightly contextualised by equity-market depth (market cap / GDP at 18%) and credit depth (domestic credit to the private sector / GDP at 12%). Available indicators are reweighted.

Market cap32% of GDP (2024)
Private credit49% of GDP (2024)

Source: World Bank World Development Indicators

Capital gains15% CGT; flat-tax regimes attractive for new residents
DividendsData not available yet
ETFs & fundsData not available yet
Wealth taxNone (ENFIA property tax applies)
BrokersGood: local banks & Interactive Brokers
Foreign accessData not available yet
Tax-advantagedData not available yet
Economy
Economic strength
Good
74
How this score is calculated

Our 0–100 score combines income level (GDP and GNI per capita, output per worker), growth momentum (real GDP growth), price stability (inflation) and labour utilisation (unemployment). Available indicators are reweighted; the sector split and industry profile below are descriptive, not scored.

Output & income
GDP$256.2B (2024)
GDP / person$24,626 (2024)
GNI / person$43,340 PPP (2024)
GDP growth2.1% / yr (2024)

Source: World Bank World Development Indicators

Stability & labour
Inflation2.7% / yr (2024)
Unemployment8.5% (2025)
Output per worker$91,705 PPP (2024)

Source: World Bank World Development Indicators

Sector composition
Agriculture3.8% of GDP (2024)
Industry15.0% of GDP (2024)
Services68.0% of GDP (2024)

Source: World Bank World Development Indicators

Main industries
TourismShippingAgricultureFood processingEnergy
Top exports
Refined petroleumAluminiumAgricultural products (olive oil, fruit)Shipping services
TypeHigh-income, services- and tourism-led
Key sectorsTourism, Merchant shipping (world-leading fleet), Agri-food
SummaryA services-led economy resting on tourism and one of the world's largest merchant shipping fleets.
CurrencyEuro (eurozone member)
Wealth building

Rules change often and depend on your situation. Confirm any tax / investment decision with a qualified professional, or do your own research, before acting.

Wealth accumulation
Moderate
60
How this score is calculated

How favourable Greece is for building wealth: earnings and business/investment upside, tax drag, and how much a typical income keeps after living costs. Estimated from the factors below.

Salary & work
Moderate
52
Business
Moderate
53
Investment
Good
70
Tax friendliness
Moderate
60
Cost of living
Good
66

Living, study & work

Education
Education score
Excellent
85
How this score is calculated

Our 0–100 score combines attainment (expected schooling at 30% and mean schooling at 25%) with participation (tertiary enrolment at 25%) and public investment (government education spending at 20%). Available indicators are reweighted; tuition and study rules remain separate profile fields below.

Attainment
Expected schooling20.8 years (2023)
Mean schooling11.6 years (2023)

Source: UNDP Human Development Report 2025

Participation & investment
Tertiary enrolment165% gross (2023)
Education spending3.4% of GDP (2022)

Source: World Bank World Development Indicators

TuitionFree public (EU students) / low fees
Public uniPublic universities tuition-free for EU students
LanguagesGreek, English (some programs)
Student workLimited part-time work for students
Salary & work
Labour-market strength
Moderate
58
How this score is calculated

Our 0–100 score combines output per worker (a proxy for wage potential at 40%), unemployment (35%) and labour-force participation (25%). Available indicators are reweighted; the curated profile fields remain below.

Output per worker$91,705 PPP (2024)
Unemployment8.5% (2025)
Participation52.0% of 15+ (2025)

Source: World Bank World Development Indicators

Mean monthly earnings of employees
Overall$1,949 · $3,228 PPP (2024)
Tech (IT & comms)$2,298 · $3,807 PPP (2024)

Source: ILOSTAT (International Labour Organization)

FreelanceGrowing nomad hubs (Athens, islands); 50% relocation tax break
Job marketAthens tech scene growing; many earn abroad remotely.
Cost of living
Affordability
Good
66

Our 0–100 affordability score is derived from the local consumer price level (World Bank, US = 100): the cheaper everyday prices are, the higher it scores. Lower price level means your money goes further here.

Price level60 (US = 100) (2024)

Source: World Bank World Development Indicators

Rent€500–1,000 (1BR Athens)
Monthly€1,300
CitiesAthens, Thessaloniki, Heraklion
Buying power
Purchasing power score
Good
77
How this score is calculated

Our 0–100 score estimates how far money goes for the typical person here. It combines GNI per capita at PPP (30%) and actual household consumption per person at PPP (15%) with a price-advantage term from the local price level (25%) that rewards lower prices, then adjusts for income equality via the Gini index (20%), so unequal economies don't ride a high average, plus price stability via consumer inflation (10%). Available indicators are reweighted; it is a comparison, not a personal budget estimate.

GNI / person$43,340 PPP (2024)
Consumption / person$26,188 PPP (2023)
Price level60 (US = 100) (2024)
Income inequality33.4 Gini (2023)
Inflation2.7% / yr (2024)

Source: World Bank World Development Indicators

Quality of life

Safety
Safety & stability
Good
69
How this score is calculated

Our 0–100 score combines personal safety (intentional homicide rate at 35%), institutional quality (rule of law at 25% and control of corruption at 20%), and political stability and absence of violence (20%). Available indicators are reweighted; the published values are shown below. Always check current government travel and security advice before relocating.

Personal safety
Homicide rate0.8 per 100,000 (2023)

Source: World Bank World Development Indicators

Institutions & stability
Rule of law0.30 (−2.5 to 2.5) (2024)
Control of corruption0.30 (−2.5 to 2.5) (2024)
Political stability0.14 (−2.5 to 2.5) (2024)

Source: World Bank World Development Indicators

Healthcare
Healthcare score
Excellent
88
How this score is calculated

Our 0–100 score combines health outcomes (life expectancy at 25% and under-5 mortality at 20%) with system capacity (physicians at 20% and hospital beds at 15% per 1,000 people) and health spending per capita (20%). Available indicators are reweighted; the published values are shown below.

Outcomes
Life expectancy81.8 years (2024)
Under-5 mortality3.8 per 1,000 births (2024)

Source: World Bank World Development Indicators

Capacity & resourcing
Physicians6.58 per 1,000 (2022)
Hospital beds4.27 per 1,000 (2022)
Health spending$3,454 PPP / person (2023)

Source: World Bank World Development Indicators

System & costs
SystemUniversal public (EOPYY) + private
InsuranceResidents covered via EOPYY; private common
Avg costPrivate cover ~€400–900 / yr
Infrastructure
Infrastructure score
Good
77
How this score is calculated

The score combines digital access, resilience and download performance (30%), electricity access and network losses (30%), and transport infrastructure covering rail, logistics and aviation (40%). Available inputs are reweighted, but a country needs both digital and transport data to receive a score.

Digital infrastructure
Internet use86.3% (2024)
Internet resilience68 / 100 (2026)
Fixed speed74 / 100 download index (2026)
Mobile speed76 / 100 download index (2026)

Sources: World Bank World Development Indicators · Internet Society Pulse Internet Resilience Index

Utilities
Electricity access100.0% (2023)
Grid losses9.8% of output (2024)

Source: World Bank World Development Indicators

Transport
Transport quality3.70 / 5 (2022)
Rail density18.1 km / 1,000 km² (2021)
Air connectivity16,110 departures / million people (2023)

Source: World Bank World Development Indicators

HDI
Human development score
Excellent
91
How this score is calculated

The UN Human Development Index is the geometric mean of three dimension indices (a long and healthy life, knowledge, and a decent standard of living), shown on a 0–100 map scale (HDI × 100). The 2023 UNDP inputs behind each dimension are listed below.

HDI0.908 (2023)

Source: UNDP Human Development Report 2025

Long & healthy life
Life expectancy81.9 years (2023)

Source: UNDP Human Development Report 2025

Knowledge
Expected schooling20.8 years (2023)
Mean schooling11.6 years (2023)

Source: UNDP Human Development Report 2025

Standard of living
GNI / person$35,761 PPP (2023)

Source: UNDP Human Development Report 2025

Resources

Mock data for demonstration only. Not legal or tax advice.