Greece has positioned itself as a destination for retirees and investors seeking a Mediterranean base with a clearer tax framework than many assume.
The flat 7% option
Qualifying new tax residents may elect a flat 7% income tax on foreign-source pension income for up to 15 years. This is one reason French, Belgian, and Swiss retirees research Crete alongside lifestyle factors.
What this is not
- Not automatic — eligibility rules apply (residency, timing, income types).
- Not a substitute for cross-border tax planning with your adviser.
- Not the only factor in a property decision.
How it fits a Crete project
Many of my clients combine a modest rental or second home with long-stay periods. The fiscal regime is one input; location, build quality, and operational realism matter equally.
For a structured overview, see the Crete investment page or download the free guide.