The amended tax regimes revise inheritance and gift tax exemptions and expand provisions for skilled employees.
Greece has amended its alternative tax regimes for incoming tax residents introduced under Law 5222/2025, which were published on 28 July 2025, in the Government Gazette.
The amended provisions focus on inheritance and gift tax exemptions and broadening the scope for skilled employees. These changes affect Articles 5A, 5B, and 5C of the Greek Income Tax Code.
Article 5A: Alternative taxation for high-net-worth individuals
Relatives can be included in the regime either during the initial application or at a later stage, but only for tax years within the 15-year benefit period. The regime has a fixed duration of 15 years, with no extensions permitted. Additionally, exemptions from inheritance and gift tax apply to foreign movable property in two cases: when it is received personally through death or gift, or when it is transferred to a third party through death or gift.
Article 5C: Skilled employees (50% exemption regime)
The favorable regime under Article 5C is no longer limited to newly created positions. A new provision establishes a condition of reciprocity for the exchange of information regarding a taxpayer’s relocation. The Greek Tax Administration will now inform foreign tax authorities of an individual’s relocation to Greece only if the other country offers reciprocal administrative cooperation.
