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Greece

Greece offers a unique blend of innovation, quality of life, and economic opportunity within the European Union.

Greece

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22% Corporate Tax

The standard rate for all business profits.

With a competitive 22% corporate tax rate, Greece has created an attractive fiscal environment to drive investment and support business growth in the recovering economy.

25th in Tax Competitiveness

International Tax Competitiveness Index 2023.

Greece is continuously improving its tax framework, implementing reforms to enhance competitiveness and create a more stable environment for foreign investment.

R&D Expense Super-Deduction

100% deduction of R&D expenses from gross income.

Greece stimulates innovation by allowing companies to deduct 100% of their eligible scientific and technological R&D expenses, fostering a growing tech ecosystem.

42% Achievement on SNS #1: Fast Startup Score in 2023

Efficiency of starting a business and administrative support.

Greece is actively improving its startup ecosystem, with streamlined digital processes making it easier for entrepreneurs to launch and operate their businesses.

58% on SNS #6: Access to Finance Score in 2023

Availability of public and private funding for startups.

Greece's access to finance for startups is improving, with a growing number of venture capital funds and government initiatives supporting the tech ecosystem.

79th on Ease of Doing Business Ranking

Through significant reforms, Greece has made it easier to do business, streamlining processes like starting a company and getting electricity.

€15.70/hr Labour Cost

Greece offers a significant competitive advantage with its skilled workforce and lower labour costs compared to the EU average, providing excellent value for businesses.

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44% Top Personal Income Tax Rate

Progressive rates start at 9% for income up to €10,000.

Greece's progressive tax system funds its essential public services and social safety net, while recent reforms aim to increase fairness and efficiency for all taxpayers.

22nd in European Health Index

Overall measure of national health system performance.

Greece provides universal access to healthcare, and ongoing reforms are focused on improving the quality and efficiency of its national health system for all residents.

56th on Global Cost of Living Rank

Measures relative costs of goods and services.

Enjoy a rich Mediterranean lifestyle at an affordable price. Greece offers one of the lower costs of living in the Eurozone, maximising your financial well-being.

64th on Global Happiness Rank

Evaluates national wellbeing and overall life satisfaction.

With its sunny climate, strong social connections, and rich cultural heritage, Greece offers a unique quality of life that contributes to the well-being of its people.

30th in Global Security Index

Assesses national peacefulness, safety, and security levels.

As a member of the EU and NATO, Greece offers a safe and secure environment, ranking in the top tier globally for its peacefulness and stability.

69.3% Working-Age Employment Rate

Percentage of population aged 20-64 that is employed.

With employment rates steadily rising, Greece's labour market is showing strong signs of recovery, offering new opportunities for its workforce.

37% on Digital First Score in 2023

Measures the digital-by-default availability of key public services.

Greece is rapidly advancing its digital transformation, with a strong commitment to providing more public services online to increase efficiency for all.

2.7% Annual Inflation Rate

Measures the change in consumer prices over time.

With inflation projected to normalise, Greece's economy is moving towards greater price stability, enhancing predictability for consumers and investors.

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Embassies and Consulates

Greece has embassies and consulates worldwide that offer visa services and assistance to its citizens abroad. A current list of these missions is available on the Ministry of Foreign Affairs website.

Entry for EU citizens

Citizens from EU countries are visa-free.

Entry for Non-EU citizens

Visa agreements with third countries for a short stay period not exceeding 90 days in any period of 180 days.

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