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Relocate to Greece from the UK: Your stress-free new start under the sun!
Do you dream of living in Greece? Moving from the UK presents some challenges. We help you overcome them! Learn how to apply for the right visas, benefit from tax advantages, and successfully integrate into Greece. For personalised advice, get in touch with us here.
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Do you dream of living in Greece? Moving from the UK presents some challenges. We help you overcome them! Learn how to apply for the right visas, benefit from tax advantages, and successfully integrate into Greece. For personalised advice, get in touch with us here.
Do you dream of living in Greece? Moving from the UK presents some challenges. We help you overcome them! Learn how to apply for the right visas, benefit from tax advantages, and successfully integrate into Greece. For personalised advice, get in touch with us here.
Do you dream of living in Greece? Moving from the UK presents some challenges. We help you overcome them! Learn how to apply for the right visas, benefit from tax advantages, and successfully integrate into Greece. For personalised advice, get in touch with us here.
Planning your move from the UK to Greece? Learn all about visas, tax benefits, and the best regions to live in. Get started now with our checklist!
Planning a move from the UK to Greece? This comprehensive guide provides you with an overview of the key aspects to consider post-Brexit. At GoMovin, we understand that an international move can be challenging. That's why we've created this guide to make your transition as smooth as possible. With our expertise and global network, we support you every step of the way – from planning to arrival at your new home.
Greece entices with its pleasant climate, rich history, and low cost of living. However, a move to Greece from the UK requires careful planning and preparation. This article highlights the essential aspects, from visas and residence permits to financial planning and taxes, as well as housing and integration.
At GoMovin, we offer you an all-in-one solution for international moves, including personal consultation, legal support, real estate services, and cultural integration. This way, you can relax and look forward to your new life under the Greek sun.
Visa Requirements After Brexit: How to Secure Your Stay
After Brexit, entry and stay in Greece for British citizens have become more complex. For tourism or business purposes, you can stay visa-free for up to 90 days within a 180-day period in Greece. However, for longer stays, you will need a visa.
The Type-D Visa for Long-term Stays
For stays exceeding 90 days, a Type-D Visa is required. This visa covers various categories, including:
Employment: For individuals wishing to work in Greece.
Family reunification: For family members of people residing in Greece.
Education: For students enrolled at a Greek educational institution.
The required documentation varies by category but generally includes a job offer, proof of family ties, or a certificate of enrolment. For more information, please visit the Mirabello Consultancy page.
The Golden Visa Programme
An interesting option for long-term residence is the Golden Visa Programme. This programme allows you to obtain a residence permit through investment in Greek real estate. The minimum investment originally was €250,000 but can rise to €400,000 - €800,000 depending on the region.
Residence Permit for Longer Stays
For stays over a year, a residence permit is required. This grants you access to public healthcare. Please note that conditions have changed after Brexit, and private health insurance may be required.
Financial Security: Making the Most of Tax Benefits
Effective financial planning is crucial for a successful move to Greece from the UK. You should ensure that you have a sufficient source of income and, if necessary, open a Greek bank account.
Healthcare post-Brexit
Owing to changes in healthcare agreements after Brexit, private health insurance might be necessary. Ensure you research the different options in advance and choose insurance that meets your needs.
Tax incentives in Greece
Greece offers various tax incentives that can be attractive to newcomers, including:
50% tax deduction for angel investors: This can be particularly interesting for those wishing to invest in Greek startups.
7% flat tax on foreign pensions: An attractive option for retirees wishing to spend their golden years in Greece.
It is important to familiarise yourself with Greek tax regulations to avoid issues related to money laundering and terrorism financing. We at GoMovin recommend seeking advice from a tax consultant to make the most optimal use of tax benefits for you.
The page wohnsitzausland.com offers further information on tax-efficient residency countries and ways to save on taxes in Greece.
Registration made easy: Mastering bureaucracy
Registering with the Greek authorities is an important step when moving to Greece from the UK. The process depends on your citizenship.
EU Citizens (e.g. Ukrainians with EU protection status)
If you are an EU citizen (or, for example, a Ukrainian national with EU protection status), you do not need a residence permit for the first 3 months. However, after this period, you must register with the local authorities (town hall or police).
Required Documents for Registration
Generally, you will need the following documents for registration:
Valid ID/Passport
Proof of employment (if applicable)
Proof of self-employment (if applicable)
Adequate financial resources
Comprehensive health insurance
The registration certificate should be issued to you immediately and should not cost more than a local ID card.
Consequences of Not Registering
If you do not register, it may result in a fine, but not expulsion. It is advisable to register in a timely manner to avoid unnecessary complications.
For more information on registration, visit the official EU website europa.eu.
Living in Greece: Keeping an Eye on Living Costs
The choice of the right place to live and planning for living expenses is crucial for a successful move to Greece from the UK. Rental costs vary depending on the region and type of accommodation.
Rental Costs and Utilities
In addition to rent, budget €100-200 per month for utilities. These typically include electricity, water, heating, and waste disposal.
Living Costs Comparison
The cost of living in Greece is potentially lower than in Germany. This is particularly true for smaller towns and rural areas.
The Greek Property Market
The Greek property market offers interesting investment opportunities, especially in tourist areas. However, it is important to conduct thorough due diligence before purchasing property.
For inspiration and information about living in Greece as an expat, visit visitworld.today.
Tax Advantages: 7% Pension and More for Your Fresh Start
Since 2021, Greece has been enticing entrepreneurs, freelancers, investors, and retirees to relocate with attractive tax incentives.
Taxation of Non-Residents
As a non-resident, you are only taxed on Greek income. This paves the way for tax optimisation, especially if you run a business outside of Greece.
Special Tax Regulations
There are special tax regulations for:
High Net Worth Individuals (HNWI): These individuals can benefit from a flat-rate tax of €100,000 on foreign income.
Foreign pensioners: Enjoy a 7% flat-rate tax on foreign pensions.
Qualified foreign workers: Benefit from a 50% income tax exemption for seven years.
The Non-Dom Status
The so-called Non-Dom Status allows wealthy individuals to pay a flat-rate tax of €100,000 on their foreign income.
For detailed information on the tax benefits and regulations in Greece, we recommend consulting a tax advisor. The website perspektiveausland.com also provides a good overview.
Successful Integration: Understanding Language and Culture
A successful integration is crucial to feeling at home in Greece. This not only involves learning the Greek language but also understanding Greek culture.
Language skills are key
Greek language skills are essential for integration. Even though you can get by with English in tourist areas, speaking Greek makes everyday life and interaction with locals much easier.
Cultural nuances
Understanding Greek culture is just as important. Familiarise yourself with the traditions, customs, and behaviours to avoid faux pas and integrate more quickly.
Self-employment in Greece
Self-employment is a viable option for many expatriates. However, having Greek language skills is also advantageous for success here.
Checklist for your move
A detailed checklist is essential to ensure a smooth move. This includes translating documents, terminating or transferring contracts, and organising the transport of your belongings.
Necessary formalities
Don't forget to apply for a Social Security Number (AMKA) and a Tax Number (AFM). These are required for many everyday activities, such as accessing healthcare services or opening a bank account.
We at GoMovin are happy to support you with all the formalities and help you navigate the Greek bureaucracy.
New Start in Greece: Opportunities Outweigh Challenges
A move to Greece from the UK offers many opportunities but also poses some challenges. It is important to be aware of both the advantages and the disadvantages to make an informed decision.
Benefits of living in Greece
The advantages include:
Pleasant climate
Friendly culture
Rich history
Affordable healthcare system
Slower pace of life
Delicious cuisine
Low crime rate
Disadvantages you should know
Potential drawbacks include:
Potential issues with the quality of healthcare in public hospitals and rural areas
Visa difficulties for non-EU citizens
Complexity of the Greek language
Influx of tourists
Bureaucratic complexity
Complex tax system
Infrastructure limitations in remote regions
Despite these challenges, for many expats, the benefits of living in Greece outweigh them. With the right preparation and mindset, you can enjoy a successful new start under the Greek sun.
The site elxis.com reports on islands that are seeking inhabitants and offering financial incentives.
Your move to Greece: Start now!
A move to Greece from the UK is a big step that requires careful planning and preparation. We at GoMovin hope this guide has helped you understand the key aspects and gain an overview.
From visas and residence permits to financial planning and taxes, housing and integration – there are many things to consider. With our expertise and global network, we are by your side every step of the way.
Are you ready for your stress-free fresh start under the sun? Our checklist for expatriates helps you plan. Discover our valuable tips for a successful relocation.
Contact us today for a personal consultation and let us plan your move to Greece together. We look forward to accompanying you on your journey! Get in touch now!
Further useful links
The Mirabello Consultancy provides information on visas and residence permits for Greece.
On the website europa.eu, you can find details about registering your residence in an EU country.
FAQ
What visa options are available for British citizens looking to move to Greece?
For stays exceeding 90 days, British citizens require a Type-D visa. This visa can be applied for employment, family reunification, or studies. Alternatively, the Golden Visa programme offers a residence permit through investments in Greek real estate.
How does Brexit affect healthcare in Greece for British citizens?
Post-Brexit, the European Health Insurance Card (EHIC) may no longer be sufficient. It is recommended to have private health insurance to ensure comprehensive healthcare coverage in Greece.
What tax benefits does Greece offer for retirees and investors?
Greece provides attractive tax incentives, including a 7% flat tax rate on foreign pensions and a 50% tax deduction for angel investors. Wealthy individuals can benefit from the so-called Non-Dom status.
How does the registration with Greek authorities work after moving?
EU citizens (or those with EU protection status) must register within 3 months with the local authorities (town hall or police). Required documents include a valid ID/passport, employment proof (if applicable), proof of self-employment (if applicable), sufficient financial resources, and comprehensive health insurance.
How do the living costs in Greece compare to the UK?
The cost of living in Greece is generally lower than in the UK, especially in smaller towns and rural areas. Plan for €100-200 per month for utilities.
What language skills are required for integration in Greece?
Greek language skills are essential for successful integration. While you can manage well with English in tourist areas, the Greek language eases daily life and interaction with locals.
Which regions in Greece are particularly attractive for expats?
In addition to Athens, Thessaloniki, Patras, Piraeus, and Crete offer attractive opportunities for expats. Tourist areas also provide interesting real estate investment opportunities.
Does Greece offer financial incentives for moving to certain regions?
Yes, some Greek islands like Antikythira offer financial incentives (e.g., €500 per month for two years plus accommodation) to attract families and boost the population.
