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3 min read

The Benefits Of A Digital Nomad Visa In Greece

Greece is one of the world’s most popular destinations and a must-visit for anyone travelling through Europe. However, did you know that you can apply for a digital nomad visa in Greece and live in Greece for 12 months or longer? In line with its desire to help boost tourist arrivals, the Greek government launched a new digital nomad visa in 2021, allowing you to live in Greece if you work for a foreign company and meet the income requirements.

Another positive aspect of this visa is that you have the option to renew after the first 12 months if you still meet the income requirements. This digital nomad visa is an excellent option for remote workers or freelancers who want to enjoy Greece’s tourism offerings and connect with other expats.

 

Map of Greece

Map of Greece

Why Greece?

Greece attracted over 30 million tourists in 2019 and wants to revamp this industry by bringing in new tourists and digital nomads now that Covid restrictions are waning globally.

Greece has multiple attractions for visitors and residents, including beaches, islands, villages, monasteries, and Athens’ archeological ruins and monuments. Although Greece is commonly known for its beaches and islands, it is also a mountainous state, with multiple national parks and other outdoor destinations. Greece is also well regarded for its pleasant climate and delicious cuisine.

Greece is also an attractive destination for digital nomads for multiple reasons. The average annual salary is slightly less than €18,000/year, which makes Greece a very affordable destination for expats from the United States, Canada, and Western Europe. Greece is also a comfortable and exciting place to live, and digital nomads can easily connect with other tourists and digital nomads who spend time in Greece. There is also an abundance of coworking spaces in places like Athens, which makes it very easy for digital nomads to connect with other entrepreneurs in the area.

Although other low-cost destinations in Eastern Europe offer digital nomad visas, Greece is more suitable for many because of the tourist attractions, natural beauty, and larger expat population. Since Greece’s economy is heavily dependent on tourism, this program will likely allow digital nomads to renew and stay longer if they want.

 

Parthenon, Athens Greece

Parthenon, Athens Greece

Digital Nomad Visa IN GREECE Overview

Greece recently passed Law 4825/2021, which provided the legal framework for Greece to allow foreigners to reside in Greece while working remotely for a foreign company. The only exception to this visa is that you can’t perform work for a company located in Greece. This law was passed in 2021 and helped to provide much-needed relief for Greece’s tourism industry.

The requirements for this visa are straightforward. The applicant needs to prove that they have a monthly income of €3,500 to ensure that they can support their stay. You can also bring your family with you when you apply for this visa. Remember the monthly income minimum increases when taking along your spouse and/or a dependant. Greece defines a dependent as someone who is younger than 18 years old.

Many people also use this visa as a means to travel to other destinations in Europe. You can travel visa-free throughout Europe with this visa, which is good news if you want to establish Greece as a base and explore. One minor drawback is that you still have to pay taxes in Greece while on this visa if you spend more than six months in Greece. However, the new law states that digital nomads only have to pay taxes on 50% of this income during the first seven years. This fact shows that Greece is interested in attracting digital nomads for longer than 1-2 years.

The application process is not time-consuming, and you should hear back very quickly after applying. The visa application fee is only around €7, and you should hear back about their decision within ten days.

 

Lefkada, Greece

Lefkada, Greece

Requirements

You are eligible to apply if you are either self-employed or an employee of another company outside of Greece. The government wants to make sure you have enough money and that you will not be a burden to the healthcare system. They also require proof that you indeed work or provide services for a company outside Greece.

Below are some of the application requirements:

  • Private health insurance is valid for your entire stay, and If you are staying long-term, it is essential to choose a private insurance plan and not rely on travel insurance.
  • Income of 3,500 euros/month if you apply independently. (20% more with a spouse, and another 15% for a dependent)
  • Clean criminal background
  • Accommodation in Greece
  • Proof of remote work

Some of the supporting documentation that you need to provide includes the following:

  • Passport photos and a copy of your passport
  • Documentation support that you work remotely and meet the income requirements (employee contract/bank statements/etc.)
  • Criminal background check
  • Health insurance documents for the duration of your stay
  • Medical certificate proving that you don’t have any severe health issues.
  • Documentation showing your address in Greece

 

Mykonos, Greece

Mykonos, Greece

Takeaway

Once the 12 months run out, you are also eligible to apply for a digital nomad residency permit that allows you to stay for two years. You will still be eligible if you meet the same income requirements and all of the other application requirements. Eventually, you can apply for permanent residency and potentially even be a stepping stone to citizenship. However, Greece’s Golden Visa is a safer bet if you are aiming for citizenship. The Golden Visa allows you to become a permanent resident of Greece if you invest 250,000 euros in real estate. This visa is also a clear pathway to citizenship.

Greece is a very sought-after tourist destination, making this one of Europe's best digital nomad visa options. The only drawback is that you must pay taxes in Greece if you spend more than 183 days there. Greece is offering 50% off taxes for digital nomads during the first seven years they stay in Greece. This initiative will encourage expats to become residents of Greece.

 

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Mikkel Thorup

Written by Mikkel Thorup

Mikkel Thorup is the world’s most sought-after expat consultant. He focuses on helping high-net-worth private clients to legally mitigate tax liabilities, obtain a second residency and citizenship, and assemble a portfolio of foreign investments including international real estate, timber plantations, agricultural land and other hard-money tangible assets. Mikkel is the Founder and CEO at Expat Money™, a private consulting firm started in 2017. He hosts the popular weekly podcast, the Expat Money Show, and wrote the definitive #1-Best Selling book Expat Secrets - How To Pay Zero Taxes, Live Overseas And Make Giant Piles Of Money.

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