Apply for Tax Benefits in Greece, WOW Festival & Weather Report

Greece, prepare for thunderstorms 🌩️

April 03, 2025

👋 Hey there expats,

Καλό Μηνα! Or Happy New Month, as we say in Greek. In this week’s newsletter, we’re sharing with you a weather report for this week, detailed insights on the three main Greek tax incentives from article 5A, 5B and 5C of the ITC, as well as what’s happening in Athens during the month of April.

🌨️ This Week’s Weather Report

Rain & Storms on April 4th:

  • Showers are expected to increase around midday, particularly in the central and northern regions.

  • Crete will also see periods of rain, with a chance of isolated thunderstorms.

Temperatures:

  • Western Macedonia: 5-14°C

  • Northern Greece & Thrace: 7-20°C

  • Thessaly & Epirus: 7-19°C

  • Central Greece & Peloponnese: 8-20°C

  • Aegean Islands: 10-18°C

  • Crete: 9-20°C

In the news

🥵 The Year 2024 was the hottest and driest in Greece — Read here.

💲The Likely Impact of Trump Tariffs on Europe and Greece – Read here.

On the blog

💶 Greek Tax Incentives 2025: How Expats Can Save Big on Taxes: Avoid double taxation & enjoy the Mediterranean lifestyle with financial peace of mind! Whether you’re an entrepreneur, a remote worker, or a retiree, the Greek tax incentives could make your move even more attractive. Read the full article here.

The Greek Income Tax Code (ITC) includes special provisions under Articles 5A, 5B, and 5C, offering significant tax breaks in Greece for new residents, digital nomads, entrepreneurs and foreign investors.

✅ Investors (Article 5A): €500K investment unlocks a flat annual €100K tax on foreign income for 15 years.

✅ Benefit from a 0% tax on capital gains and a 5% tax on dividends.

✅ Retirees (Article 5B): 7% flat tax on global pension income for 15 years.

✅ Professionals (Article 5C): 50% tax exemption for new residents working in Greece as employees hired by a Greek company or freelancers who have established their sole trader businesses. (Note: Digital Nomad Visa holders are not eligible under this program).

📌 In order to apply and benefit from the above tax incentives, you must transfer your tax residency to Greece and apply by March 31st of the relevant tax year.

Need more information? Let’s connect! 🔗Click here to book a discovery call and learn more about how you can apply for the above tax benefits.

Upcoming events

  • The Sacred Music Festival returns grander than ever: From April 12 to April 16, music will be brought to churches, museums, streets, and landmarks all across Athens. See the festival program here.

  • WOW Festival: From April 4 to 7 in Athens, the Stavros Niarchos Foundation Cultural Center (SNFCC) welcomes the WOW – Women of the World Festival, the largest event in the world for women, femininities and non-binary people. See more information here.

That's it for this week's newsletter! As always, feel free to reach out with any questions, suggestions, or if you'd like to be featured.

Wishing you a fantastic week ahead filled with Greek adventures and memorable experiences.

Yassas!

The “My Greek Expat Journey” Team

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