Have you ever dreamed of living in a country where ancient history blends seamlessly with modern life? Greece, with its rich cultural heritage and sunny Mediterranean climate, is a captivating destination for many. In recent years, moving from the UK to Greece has become a little more challenging due to Brexit. However, it can open up a world of new experiences, from exploring iconic historical sites to enjoying delicious Greek cuisine.
If you’re considering making the move, you’re in the right place. In this blog, we will guide you through the essential steps for relocating to Greece from the UK. Let’s get started!
Table of contents
- Understanding the Basics of Moving to Greece From the UK
- Types of Visa Available for Brits to Move to Greece
- Checklist for Moving to Greece from the UK
- Tips for Settling in When Moving to Greece from the UK
- Taxes in Greece for UK Citizens
- Frequently Asked Questions About How to Move to Greece From the UK
- Conclusion: How Lexidy Can Help You Move To Greece From The UK
Understanding the Basics of Moving to Greece From the UK
Moving from the UK to Greece is an exciting opportunity. Many Brits have already made the move, whether for a lifestyle change or to explore new opportunities.
Why are Brits Moving to Greece?
Many Brits are drawn to Greece for its warm climate, beautiful landscapes, and rich cultural heritage. The lower cost of living and the slower pace of life compared to the UK also make Greece an appealing destination. Additionally, Greece’s vibrant expatriate community and welcoming locals make it easier for newcomers to settle in and feel at home.
Moving to Greece After Brexit
Post-Brexit, moving to Greece from the UK involves navigating new regulations. UK citizens must now apply for a visa or residence permit to stay in Greece for more than 90 days in a 180-day period. It’s essential to familiarize yourself with the necessary paperwork, including proof of income, health insurance, and accommodation, to ensure a smooth transition. The good news is that there is a variety of visas available for Brits to move to Greece. Whether you’re an investor, a digital nomad, or looking to live your dream retirement, we’re going to discuss the best options for you.
How to Move to Greece from the UK: Visa and Immigration Requirements
As we have already mentioned, there are a number of visa options available when moving to Greece. This means that no matter what your situation is, it is likely that there’s an option suitable for you. First, let’s take a look at the general requirements for UK citizens when applying for Greek visas.
Visa Requirements for UK Citizens
Since Brexit, UK citizens planning to stay in Greece for more than 90 days within a 180-day period must apply for a visa or residence permit. Essential documents include proof of income or savings, health insurance, and accommodation details.
For many visas, demonstrating sufficient financial means is crucial. For instance, retirees might need to show savings of €126,000, while remote workers could be required to prove they earn at least €3,500 per month. These requirements ensure applicants can support themselves without relying on local resources.
You will also have to provide proof of a valid passport, fill out an application form and pay the fee for the visa.
Types of Visa Available for Brits to Move to Greece
Golden Visa
The Greece Golden Visa is perfect for investors and allows residency through investment in real estate. Typically, you will have to invest a minimum of €400,000, and this only applies for specific areas with less than 3,100 inhabitants, otherwise the minimum investment is €800,000.
Those who obtain the Greek Golden Visa can also bring their family, provided they can prove that they have the financial means to sustain their family in Greece. This visa is renewable and can eventually lead to permanent residency after at least 5 years of living in Greece.
Digital Nomad Visa
The Digital Nomad Visa was introduced to encourage remote workers to live and work in Greece. Digital Nomads who are earning income from outside of Greece are eligible for this visa, provided they have been making a minimum of €3,500 per month.
Work must be performed remotely with a laptop and internet, and it cannot be for a Greek company. If the visa holder wishes to bring their spouse with them, they must earn an additional 20%, and for each child, another 15%.
Retirement Visa
If you plan to retire in Greece, consider applying for the Greek Retirement Visa. This visa was introduced to welcome retirees who can demonstrate they have sufficient financial means to sustain themselves in Greece.
As a retiree, the income must come from a trust fund or pension to prove you are not working. This requires proof of at least €3,500 per month in stable passive income. If you wish to bring your spouse, that would be an additional 20% and an additional 15% for each child. Alternatively, you can provide proof of savings of at least €126,000.
Work Visa
If you have received a job offer from a company in Greece or the EU/EAA, you may be eligible for the Greek Work Visa. First, you must apply for the long-stay Visa D, and once you arrive in Greece you may apply for Greek residence and a work permit.
Greek Citizenship Through Residency
Once you have been a Greek resident for at least 7 years, you may be eligible for Greek Citizenship by Naturalization. This requires you to make a real effort to integrate into Greek culture through learning the language. You must also have a clean criminal record throughout your time in Greece. You will have to pass a set of exams proving that you have Greek proficiency.
So there you have it, as a UK resident, you can decide which of these visas is best suited to you. If you need any assistance, our dedicated team of lawyers specializing in Greek immigration would be delighted to help!
Checklist for Moving to Greece from the UK
When moving to Greece from the UK, there are considerations to be made, from choosing a location to integrating into Greek culture. Here’s a quick rundown that will help you hit the ground running when you arrive in Greece.
- Research and Planning
Firstly, you should determine the type of visa you need from the list provided above. We also suggest doing some research into Greek cities and regions to decide where would be suitable for you to live. - Financial Preparation
Next, it’s important that you ensure you have sufficient savings or income depending on the visa you are applying for to meet the requirements. In some cases, it may be necessary to open an international bank account. - Documentation
Now it’s time to gather all of the essential documents for your visa application. This includes a copy of your passport, proof of income, proof of private health insurance, and details of your accommodation in Greece. - Visa Application
Once your documentation is in order, you can begin the visa application process for the visa best suited to your situation. You will have to schedule an appointment with the Greek consulate to process your visa. - Accommodation
When you have decided on what area you want to live in, secure accommodation in Greece. This can be either temporary or long-term accommodation. Ensure you have prepared either your lease agreement or property purchase documents. - Health Insurance
You must obtain comprehensive health insurance valid in Greece for yourself and any family members that will go with you. - Language and Integration
We recommend making an effort to learn basic Greek to help integrate into society. Not only will this make the move easier, but the locals will appreciate your effort too! This can aid the process of becoming familiar with Greek customs and culture. - Moving Logistics
When the day comes that you are making the move from the UK, make sure you plan the transportation of your personal belongings. If you are moving alone, some suitcases may suffice, but depending on how many belongings you want to bring, you may need to hire a reputable moving company. - Notify the Relevant Authorities
When you are moving, be sure to notify UK authorities that you are leaving the country. You will then have to register with local authorities in Greece. - Other Essential Considerations
Lastly, be sure to update your address with banks, subscriptions, and any other services. You should also set up utilities and internet in your new home if they are not already included.
Now you are all set for a successful move to Greece! Follow these steps for a smooth transition to your new home.
Tips for Settling in When Moving to Greece from the UK
Moving to Greece from the UK offers a fantastic change in scenery and lifestyle. Upon your arrival, you will need to find a place to live, integrate into the healthcare system, and open a Greek bank account (if applicable).
Finding a Place To Live
As we mentioned previously, you should begin the research on finding a place to live early in the process to ensure you find a place you love. Firstly, decide on a city that will suit you and you can then begin researching neighborhoods.
It may be a good idea to initially consider short-term rentals to avoid being locked into a long-term contract in an area unsuited to your needs. Local real estate agents are there to help you navigate the market and find the perfect home for your preferred duration!
Navigating Healthcare and Education
It’s important that you register for public healthcare (EOPYY) as soon as possible after you arrive. Many visas will also require you to take out private health insurance before arriving in Greece.
If you are bringing your children with you to Greece, you should research local and international schools for your children. You can schedule a meeting with staff to help make an informed decision.
Opening a Bank Account in Greece
Typically, you will need a Greek bank account once you make the move. Even if it is not a requirement, it may be a good idea to open a bank account in Greece. You should research several banks to compare their services, benefits, and fees. You will likely have to go to the bank in person to open the account and you will then be able to set up online banking.
Legal and Administrative Tasks
Within 90 days of arriving in Greece, you must register with the local authorities to ensure you are documented. You will then be able to apply for your Greek Tax Identification Number (AFM), to ensure you are tax compliant.
If they are not set up in your accommodation already, it will be necessary to set up water, gas, electricity, and internet in your new home.
Taxes in Greece for UK Citizens
In Greece, income taxes are progressive, increasing with higher earnings. Residents pay taxes on worldwide income, while non-residents are taxed only on Greek income. Let’s take a look at the types of tax, the tax rates, and Greece’s Non-Dom Tax Regime.
Types of Tax in Greece
There are several different taxes in Greece. Below we have made a brief list of the most important taxes to familiarize yourself with.
| Tax | Description |
| Income Tax | Applies to individuals and corporations with different rates based on income brackets. |
| Value Added Tax | Imposed on goods and services with standard, reduced, and super-reduced rates. |
| Property Tax | Includes the Single Property Tax (ENFIA) and other property-rated levies. |
| Capital Gains Tax | Taxed on the sale of property and other capital assets. |
Tax Rates in Greece
Taxes in Greece can vary in rates depending on several factors. Below are the various taxes, rates, and their brackets.
| Personal Income Tax | |
| Tax Bracket | Tax Rate |
| Up to €10,000 | 0% |
| €10,001 – €20,000 | 9% |
| €20,001 – €30,000 | 22% |
| €30,001 – €40,000 | 28% |
| €4,001 – €65,000 | 36% |
| Over €65,000 | 44% |
| Value Added Tax | ||
| Name | Rate | Description |
| Standard | 24% | Most Goods and Services |
| Reduced | 13% | Essential goods like food, pharmaceuticals, and medical supplies |
| Super-Reduced | 6% | Specific items such as books, theater tickets and some medical goods |
| Property Tax | ||
| Tax | Calculation | Rates |
| Main Tax | Calculated based on property size, location, age, and use | From €0.001 to 13 per square meter |
| Supplementary Tax | Applies to properties valued over €250,000 | From 0.15% to 1.15% of property value |
Business Income Tax
In Greece, corporate income tax is 22% for all legal entities. This rate applies to net profits earned by businesses. Companies may also be subject to a dividend withholding tax of 5% on distributed profits. Newly formed companies and small businesses may benefit from reduced rates and incentives to support growth and investment.
Non-Dom Tax Regime in Greece
The Greek Non-Dom Tax Regome os available to new tax residents who have not been tax residents in Greece for at least 7 of the last 8 years.
This allows a flat tax rate of €100,000 on foreign income regardless of the amount. If you have brought family members with you, an additional €20,000 per family member will be charged.
The regime is valid for up to 15 years, providing a favorable tax environment for high-net-worth individuals.
While navigating the tax system in a new country can always be a challenge, this should help you better understand the tax requirements in Greece. Nonetheless, we suggest that you reach out to experts in Greek taxes to ensure you are obliging by tax laws in Greece!
Frequently Asked Questions About How to Move to Greece From the UK
What are the residency requirements for UK citizens moving to Greece post-Brexit?
UK citizens need a visa or residence permit to stay in Greece for more than 90 days within a 180-day period. Requirements include proof of income, health insurance, and accommodation.
What type of property can UK citizens buy in Greece and are there any restrictions?
UK citizens can buy property in Greece without significant restrictions, similar to other foreign buyers.
What are the best areas in Greece for UK expats to live?
Popular areas include Athens, Crete, Corfu, and the Peloponnese, known for their expat communities, amenities, and lifestyle options.
What are the tax implications for UK citizens moving to Greece?
UK expats are subject to Greek taxes on worldwide income if they are residents. Non-residents are taxed only on Greek-sourced income. Taxes include progressive income tax rates, property tax (ENFIA), and VAT on goods and services.
Conclusion: How Lexidy Can Help You Move To Greece From The UK
Greece is a fantastic destination for UK expats. Its warm climate, rich culture, and beautiful landscapes make it an attractive place to live. Post-Brexit residency options, such as various visa types, provide pathways to long-term stays. The welcoming local communities and the benefits of Greece’s non-dom tax regime further enhance its appeal.Are you ready to make Greece your new home? Book your free consultation with Lexidy’s legal experts today to ensure a smooth and successful transition to life in Greece!
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