Greece lowering taxes for digital nomads

Few digital nomads who choose Greece as their new home will, from next year, benefit from a new tax incentive.

It’s a 50% reduction in income tax, a measure aimed at attracting talent to Greece who, through technology, choose to work remotely, without depending on a fixed headquarters.

This was the path that French Charlotte, chose about a month ago. She decided to move to Greece for at least a year while running a few well-known sites for the French public, including a site specializing in sexe amateur content.

She arrived before she knew about this news about digital nomads in Greece, but as soon as she heard about it, she decided to invite other French friends to do the same.

The question is raised in a promotional document that is part of the legislative initiative that was discussed, voted and approved, on Wednesday, by the Greek Parliament.

As of January 2021, a new tax regime will be available for digital nomads arriving in Greece (both employees and self-employed), which will allow them to pay only half of the taxes due on their income over the next seven years.

Kyriakos Mitsotakis’ government hopes that this tax relief will attract more digital nomads to the country, but also some of the Greeks who were forced to emigrate during the years of the financial crisis. According to the proposal presented in November by the Greek Executive – quoted by Ekathimerini – there is no income ceiling or discrimination by type of work in accessing the tax relief in question, the only criterion being the establishment of Greece as a tax residence.

With this goal in mind, there is a willingness to study initiatives to increase the potential for hosting remote workers in the country, for example through a national network of coworking spaces. And changes in the tax plan may also be being considered, namely regarding the concept of tax residence, which today is difficult to apply to these talents.

A digital nomad is someone who does not depend on “a certain place”, working “based on smart mobile devices, broadband and fast internet access and access to cloud computing data”.

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