Investors, fund managers and senior executives from abroad are increasingly choosing Greece as their tax and professional base. The attraction is a combination of tax stability, purpose-built regimes and the lifestyle the country offers.

The shift is not accidental. It reflects a mix of factors: tax changes in other countries, Greece’s economic stability, and the chance to live by the sea, in a safe environment and with direct access to international markets.

A Wave, Not an Isolated Case

According to reports from October 2026, more than 240 wealthy individuals have already moved their tax residence to Greece, most of them from London. At the same time, British hedge fund manager Chris Rokos was reported as the latest name on a long list, and Greece is increasingly chosen by people with no family ties to the country.

Who Is Coming

• Individual entrepreneurs and fund managers moving their tax residence from London to Athens, with a personal and often corporate presence in the country.
• Millennium Management: the fund, with around $100 billion under management, announced an office in Athens after meeting the Prime Minister and the government’s economic team.
• More than 120 senior Greek banking executives have returned from abroad.
• Eight more international firms from Dubai, Abu Dhabi, Switzerland, London and New York have approached the Ministry of National Economy and Finance. The discussions are exploratory.

Why Now

Tax framework. The non-dom regime provides for a flat annual tax of €100,000 on all income earned abroad, for up to 15 years, plus €20,000 for each family member. It requires an investment of at least €500,000 in Greece and that the applicant was not a Greek tax resident in seven of the previous eight years. For fund managers there is also a special 5% rate on performance bonuses, while Law 5313/2026 provides tax certainty for foreign companies with teams in Greece.

Changes in the UK. The UK abolished its non-dom regime in April 2025 and increased taxation on investments, inheritance and capital gains. According to a Saltus survey of 2,000 British adults with investable assets above £250,000, 8% are actively exploring permanent relocation abroad and another 22% would consider it.

Stability and position. Greece offers membership of the EU and the eurozone, economic stability and security for capital from the Middle East and Asia, while developments in the Gulf region have made investors more cautious about Dubai and Abu Dhabi.

What It Means for the Property Market

A new tax resident needs a home, and the mandatory €500,000 investment is often made through real estate. According to Savills (August 2026), Athens offers “some of the Mediterranean’s most attractive returns”, with prime yields of 4.0%. Prime residential capital values in Athens rose 1.2% in the first half of 2026, while rental growth eased to 0.9% as new prime supply entered the market.

According to transaction data from real estate’s report, non-dom buyers accounted for 29% of transaction volume in 2025, up from 14% in 2024. 53% held a British passport and 88% of transactions took place on the Athens Riviera, with a median value of €2.95 million. These are the figures of one brokerage and have not been independently verified, but they show the direction.

Demand focuses mainly on properties offering privacy, views and access to the sea: villas in Glyfada, Voula and Vouliagmeni, as well as seafront homes in Porto Heli and Argolida.

What an Interested Buyer Should Know

• Eligibility requires that the applicant was not a Greek tax resident in seven of the previous eight years.
• The €500,000 investment can be made in real estate, company participations or securities, within three years of the application.
• Greek-source income is taxed normally, while foreign income is covered by the annual €100,000 tax, with €20,000 per family member.
• The government is targeting around 10 major international players by 2028 and up to 100 within five to six years.

Our View

Golden Land Goutos accompanies investors and families considering a move to Greece, from selecting the property to completing the purchase. If you are thinking of investing or returning, speak to us for a private presentation of properties.

This text is informative and does not constitute tax or legal advice. The conditions of the regime should be checked with a tax adviser.