{"id":17609,"date":"2020-09-01T14:16:35","date_gmt":"2020-09-01T11:16:35","guid":{"rendered":"https:\/\/www.auswanderung-griechenland.de\/only-7-tax-for-german-pensioners-in-greece-how-the-tax-benefit-works\/"},"modified":"2026-01-25T19:54:37","modified_gmt":"2026-01-25T17:54:37","slug":"only-7-tax-for-german-pensioners-in-greece-how-the-tax-benefit-works","status":"publish","type":"post","link":"https:\/\/www.auswanderung-griechenland.de\/en\/only-7-tax-for-german-pensioners-in-greece-how-the-tax-benefit-works\/","title":{"rendered":"Only 7% tax for German pensioners in Greece: How the tax benefit works"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-padding-top:0px;--awb-padding-right-small:0px;--awb-padding-bottom-small:0px;--awb-padding-left-small:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-center fusion-flex-justify-content-center fusion-flex-content-wrap\" style=\"max-width:1310.4px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_3_5 3_5 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:60%;--awb-margin-top-large:20px;--awb-spacing-right-large:3.2%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:3.2%;--awb-width-medium:66.666666666667%;--awb-order-medium:0;--awb-spacing-right-medium:2.88%;--awb-spacing-left-medium:2.88%;--awb-width-small:100%;--awb-order-small:0;--awb-margin-top-small:0px;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-title title fusion-title-1 fusion-sep-none fusion-title-text fusion-title-size-two\" style=\"--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:20px;--awb-margin-left-small:0px;\"><h2 class=\"fusion-title-heading title-heading-left fusion-responsive-typography-calculated\" style=\"margin:0;--fontSize:52;line-height:var(--awb-typography1-line-height);\">Only 7% tax for German pensioners in Greece: How the tax benefit works<\/h2><\/div><div class=\"fusion-text fusion-text-1\" style=\"--awb-content-alignment:left;\"><p data-start=\"494\" data-end=\"833\">More and more German pensioners are dreaming of spending their retirement in the sun \u2013 and Greece offers not only Mediterranean flair, but also tangible tax advantages. Since 2020, the country has been attracting foreign retirees with a <strong data-start=\"718\" data-end=\"755\">flat tax rate of only 7%<\/strong> who relocate their residence to Greece. <\/p>\n<p data-start=\"835\" data-end=\"1080\">In this article, I explain <strong data-start=\"866\" data-end=\"910\">who can benefit from the special rule<\/strong>, <strong data-start=\"912\" data-end=\"958\">what conditions must be met<\/strong>, and how the <strong data-start=\"972\" data-end=\"1003\">application process works<\/strong> \u2013 based on official sources from the Greek tax authority <strong data-start=\"1071\" data-end=\"1079\">AADE<\/strong>.<\/p>\n<\/div><div class=\"fusion-title title fusion-title-2 fusion-sep-none fusion-title-text fusion-title-size-three\" style=\"--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:20px;--awb-margin-left-small:0px;\"><h3 class=\"fusion-title-heading title-heading-left fusion-responsive-typography-calculated\" style=\"margin:0;--fontSize:36;line-height:var(--awb-typography1-line-height);\">\u2705 <strong data-start=\"1093\" data-end=\"1160\">What is behind the 7% rule for pensioners in Greece?<\/strong><\/h3><\/div><div class=\"fusion-text fusion-text-2\" style=\"--awb-content-alignment:left;\"><p>Since the introduction of <strong data-start=\"1186\" data-end=\"1208\">Law 4714\/2020<\/strong>, a special taxation for pensioners has been included in the Greek income tax law (Art. 5B of Law 4172\/2013). This allows foreign pension payments to be taxed at a flat rate of only <strong data-start=\"1402\" data-end=\"1409\">7%<\/strong> \u2013 and for a period of <strong data-start=\"1457\" data-end=\"1477\">up to 15 years<\/strong>.<\/p>\n<\/div><div class=\"fusion-text fusion-text-3\" style=\"--awb-content-alignment:left;\"><blockquote>\n<p>\ud83d\udccc <strong data-start=\"1492\" data-end=\"1551\">Requirements for the 7% tax regulation (as of 2024)<\/strong><\/p>\n<\/blockquote>\n<\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-1 fusion_builder_column_3_5 3_5 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:60%;--awb-margin-top-large:20px;--awb-spacing-right-large:3.2%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:3.2%;--awb-width-medium:66.666666666667%;--awb-order-medium:0;--awb-spacing-right-medium:2.88%;--awb-spacing-left-medium:2.88%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-title title fusion-title-3 fusion-sep-none fusion-title-text fusion-title-size-two\" style=\"--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:20px;--awb-margin-left-small:0px;\"><h2 class=\"fusion-title-heading title-heading-left fusion-responsive-typography-calculated\" style=\"margin:0;--fontSize:52;line-height:var(--awb-typography1-line-height);\">\ud83d\udcdd <strong data-start=\"2602\" data-end=\"2648\">How do you apply for the tax benefit?<\/strong><\/h2><\/div><div class=\"fusion-text fusion-text-4\" style=\"--awb-content-alignment:left;\"><ol>\n<li data-start=\"2653\" data-end=\"2742\"><strong data-start=\"2653\" data-end=\"2694\">Relocation of residence to Greece<\/strong> with valid registration and proof of residence.<\/li>\n<li data-start=\"2653\" data-end=\"2742\"><strong data-start=\"2746\" data-end=\"2800\">Application for alternative taxation according to Article 5B<\/strong> to the Greek tax office for foreigners (AADE).<\/li>\n<li data-start=\"2653\" data-end=\"2742\"><strong data-start=\"2854\" data-end=\"2880\">Application deadline: March 31<\/strong> of the current tax year.<\/li>\n<li data-start=\"2653\" data-end=\"2742\">After approval: annual payment of 7% on total pension income from abroad (e.g. German pension, company pension, private pension).<\/li>\n<\/ol>\n<\/div><div class=\"fusion-title title fusion-title-4 fusion-sep-none fusion-title-text fusion-title-size-four\" style=\"--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:20px;--awb-margin-left-small:0px;\"><h4 class=\"fusion-title-heading title-heading-left fusion-responsive-typography-calculated\" style=\"margin:0;--fontSize:24;--minFontSize:24;line-height:var(--awb-typography1-line-height);\">\ud83d\udcc4 <strong data-start=\"3075\" data-end=\"3113\">Official source and legal text<\/strong><\/h4><\/div><div class=\"fusion-text fusion-text-5\" style=\"--awb-content-alignment:left;\"><p>The special regulation is anchored in the <strong data-start=\"3141\" data-end=\"3187\">Greek Income Tax Act Art. 5B<\/strong>. The Greek tax authority <strong data-start=\"3229\" data-end=\"3237\">AADE<\/strong> provides an official information document in English: <\/p>\n<p><a href=\"https:\/\/www.aade.gr\/sites\/default\/files\/2024-01\/Tax%20Incentives%20%28articles%205A%2C5B%2C%205C%20of%20the%20ITC%29.pdf\">\ud83d\udd17 AADE \u2013 Tax Incentives: Articles 5A, 5B &amp; 5C of Law 4172\/2013 (PDF)<\/a><\/p>\n<\/div><div class=\"fusion-title title fusion-title-5 fusion-sep-none fusion-title-text fusion-title-size-four\" style=\"--awb-margin-top:30px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:20px;--awb-margin-left-small:0px;\"><h4 class=\"fusion-title-heading title-heading-left fusion-responsive-typography-calculated\" style=\"margin:0;--fontSize:24;--minFontSize:24;line-height:var(--awb-typography1-line-height);\">\ud83d\udca1 <strong data-start=\"3511\" data-end=\"3544\">Advantages for German pensioners<\/strong><\/h4><\/div><ul style=\"--awb-iconcolor:var(--awb-color7);--awb-line-height:30.6px;--awb-icon-width:30.6px;--awb-icon-height:30.6px;--awb-icon-margin:12.6px;--awb-content-margin:43.2px;\" class=\"fusion-checklist fusion-checklist-1 fusion-checklist-default type-icons\"><li class=\"fusion-li-item\" style=\"\"><span class=\"icon-wrapper circle-no\"><i class=\"fusion-li-icon icon-accountant-check\" aria-hidden=\"true\"><\/i><\/span><div class=\"fusion-li-item-content\">\n<p><strong data-start=\"3548\" data-end=\"3586\">Significantly lower tax burden<\/strong> compared to Germany<\/p>\n<\/div><\/li><li class=\"fusion-li-item\" style=\"\"><span class=\"icon-wrapper circle-no\"><i class=\"fusion-li-icon icon-accountant-check\" aria-hidden=\"true\"><\/i><\/span><div class=\"fusion-li-item-content\">\n<p><strong data-start=\"3617\" data-end=\"3662\">Stable and long-term plannable model<\/strong> (up to 15 years)<\/p>\n<\/div><\/li><li class=\"fusion-li-item\" style=\"\"><span class=\"icon-wrapper circle-no\"><i class=\"fusion-li-icon icon-accountant-check\" aria-hidden=\"true\"><\/i><\/span><div class=\"fusion-li-item-content\">\n<p><strong data-start=\"3683\" data-end=\"3710\">No double taxation<\/strong> thanks to agreement between Germany and Greece<\/p>\n<\/div><\/li><li class=\"fusion-li-item\" style=\"\"><span class=\"icon-wrapper circle-no\"><i class=\"fusion-li-icon icon-accountant-check\" aria-hidden=\"true\"><\/i><\/span><div class=\"fusion-li-item-content\">\n<p>Quality of life, climate and health care very attractive in many regions<\/p>\n<\/div><\/li><\/ul><div class=\"fusion-title title fusion-title-6 fusion-sep-none fusion-title-text fusion-title-size-four\" style=\"--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:20px;--awb-margin-left-small:0px;\"><h4 class=\"fusion-title-heading title-heading-left fusion-responsive-typography-calculated\" style=\"margin:0;--fontSize:24;--minFontSize:24;line-height:var(--awb-typography1-line-height);\"><ul data-start=\"3546\" data-end=\"3846\">\n<li data-start=\"3763\" data-end=\"3846\">\n<p data-start=\"3765\" data-end=\"3846\">attractive<\/p>\n<\/li>\n<\/ul>\n<hr data-start=\"3848\" data-end=\"3851\">\n<h3 data-start=\"3853\" data-end=\"3936\">\ud83d\udccc <strong data-start=\"3860\" data-end=\"3936\">Conclusion: Is the 7% rule worthwhile for German pensioners in Greece?<\/strong><\/h3><\/h4><\/div><div class=\"fusion-text fusion-text-6\" style=\"--awb-content-alignment:left;\"><p>Yes \u2013 <strong data-start=\"3943\" data-end=\"3998\">for many retirees, the model is highly attractive<\/strong>. If you receive pension income in Germany, move your tax residence to Greece and meet the deadlines, you will benefit from a greatly reduced tax burden and can enjoy your retirement under the sun \u2013 with financial advantages.<\/p>\n<\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>More and more German pensioners are dreaming of spending their retirement in the sun \u2013 and Greece offers more than just Mediterranean flair<\/p>\n","protected":false},"author":1,"featured_media":17610,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[886,887],"tags":[],"class_list":["post-17609","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-administration","category-tax-office-taxes"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.6 (Yoast SEO v27.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>7% Tax for Pensioners in Greece \u2013 Here&#039;s How<\/title>\n<meta name=\"description\" content=\"Pay only 7% tax on German pensions in Greece? 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