Greece

Greece

Southern Europe

EuropeEUSchengen
70
Overall score
Strong overall · 98% data coverage
Language
Greek
Currency
EUR
Citizenship
7 years
Personal tax
9–44% + solidarity
Cost of living
€1,300 / mo (single)
Overall scoring rubric
67
Access

How easy it is to get in, stay, and build status.

17% of Overall
64Residence12%
74Citizenship and passport5%
67
Earning power

How far local income goes after prices.

25% of Overall
58Salary and work12%
76Buying power13%
58
Business and wealth

How friendly the country is for taxes, companies, and investing.

20% of Overall
60Taxes7%
57Business8%
58Investment5%
82
Daily life

How comfortable everyday life is for families and long stays.

25% of Overall
81Quality of life18%
85Education7%
73
Rights and institutions

How reliable freedoms and institutions are.

13% of Overall
85Freedom6%
62Rule of law7%

Safety (75) clears the 40 floor, so no penalty applies.

Healthcare (88) clears the 40 floor, so no penalty applies.

Environment (88) clears the 35 floor, so no penalty applies.

Rights and institutions (73) clears the 30 floor, so no penalty applies.

Overall score
Final weighted result
70

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

Access
Residence
64
Citizenship
67
Passport
95
Earning power
Salary & work
58
Buying power
76
Cost of living
61
Economy
74
Business and wealth
Taxes
60
Personal tax
20
Corporate tax
37
Business
57
Investment
58
Wealth building
59
Daily life
Safety
75
Healthcare
88
Environment
88
Infrastructure
77
Education
85
HDI
91
Rights and institutions
Freedom
85
Rule of law
62

Access

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
64
How this score is calculated

Our 0–100 score combines international migrant stock (40%), regulatory quality (20%), the breadth of named residence pathways (25%), and time to permanent residence (15%). Available indicators are reweighted.

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.
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.
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.

Earning power

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.
Buying power
Purchasing power score
Good
76
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$44,310 PPP (2025)
Consumption / person$26,166 PPP (2023)
Price level66 (US = 100) (2025)
Income inequality33.4 Gini (2023)
Inflation2.5% / yr (2025)

Source: World Bank World Development Indicators

Cost of living
Affordability
Moderate
61

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 level66 (US = 100) (2025)

Source: World Bank World Development Indicators

Rent€500–1,000 (1BR Athens)
Monthly€1,300
CitiesAthens, Thessaloniki, Heraklion
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$280.6B (2025)
GDP / person$26,948 (2025)
GNI / person$44,310 PPP (2025)
GDP growth2.1% / yr (2024)

Source: World Bank World Development Indicators

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

Source: World Bank World Development Indicators

Sector composition
Agriculture3.6% of GDP (2025)
Industry15.2% of GDP (2025)
Services67.4% of GDP (2025)

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)

Business and wealth

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
57
How this score is calculated

Our 0–100 score measures the operating environment without counting tax a second time: company formation and ownership rules contribute 40%, regulatory quality 30%, and government effectiveness 30%. 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

Operating rules
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
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
58
How this score is calculated

Our 0–100 score measures market access without counting tax a second time: broker availability contributes 50%, equity-market depth 30%, and private credit depth 20%. Available indicators are reweighted.

Market cap46% of GDP (2025)
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
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
59
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
58
Business
Moderate
57
Investment
Moderate
58
Tax friendliness
Moderate
60
Cost of living
Moderate
61

Daily life

Safety
Safety & stability
Good
75
How this score is calculated

Our 0–100 score combines personal safety (intentional homicide rate at 50%), political stability and absence of violence (30%), and control of corruption (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
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
Environment
Environment score
Excellent
88
How this score is calculated

Our 0–100 score combines annual population-weighted PM2.5 exposure at 60% with freshwater stress at 40%. Lower exposure and lower water stress score better. Air quality alone can produce a score because it covers most countries; water stress alone cannot.

Environmental pressure
PM2.5 exposure14.1 μg/m³ annually (2023)
Water stress20.3% (2022)

Source: World Bank World Development Indicators

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 connectivity16,096 departures / million people (2023)

Source: World Bank World Development Indicators

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
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

Rights and institutions

Freedom
Freedom score
Excellent
85
How this score is calculated

The score weights Freedom House’s 0–100 Freedom in the World score at 60% and its Freedom on the Net score at 40%. If either report does not cover a country, the available score is used alone. Scores of 70 and above are rated “Free”, 40–69 “Partly free”, and below 40 “Not free”.

Freedom in the World85 / 100 (Free)
Rule of law
Rule of law score
Moderate
62
How this score is calculated

The World Bank’s Rule of Law indicator captures how well contracts are enforced and how independent and effective the courts, police and property-rights regime are. We show its 0–100 percentile rank, where higher means stronger, more predictable institutions.

Rule of Law percentile62 / 100
Resources

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