Supermarket Prices up 129% 🤯

Am I eligible for the 50% tax break?

Author

Chloe Mason
July 25, 2024

👋 Hey there expats,

In this week’s newsletter, we’re bringing you the top news headlines in Greece, including new home subsidies, rising supermarket prices, and what’s new on the blog.

Did you know?

Public transport in Athens is about to become more friendly, with the introduction of contactless payments and 5G network on the metro. Also, 3 metro stations are being built. Read the original news article (in Greek) here.

Courtesy of vima.gr

In the news

🍅 Prices of some Greek supermarket products up 129% compared to other EU countries. Read here.

🏠 New subsidies for cheap housing. Read here.

On the blog

🪙 Am I Eligible for the 50% Tax Break in Greece?: In our most recent article, employees and business owners who want to relocate to Greece can benefit from a 50% income tax break on their annual Greek salary or business income. Read if you are eligible here.

Did you know?

Under the new tax regime, foreign pensioners in Greece will be taxed at a flat rate of just 7% on their foreign income. This tax is payable in a single installment by the last working day of July each year. Importantly, this tax cannot be offset against other liabilities or credits, making it a straightforward and predictable expense for retirees.
Check your eligibility 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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