Greece Extends Deadline for Foreign Pensioners to October 31: 7% Tax on Income From Abroad

Good news for the thousands of foreign pensioners who want to move their tax residence to Greece: the Independent Authority for Public Revenue (AADE) is significantly extending the application deadline for the favorable alternative tax regime with a 7% rate on income from abroad, as Economistas reports.

With the new decision by AADE chief Giorgos Pitsilis (A.1192/2026), the deadline for submitting the application is definitively extended from March 31 to October 31. The seven-month extension gives interested parties the chance to gather the necessary documents, organize procedures, and calmly complete their inclusion in the country’s favorable tax framework.

The regime, provided for in Article 5B of the Income Tax Code, allows foreign pensioners who transfer their tax residence to Greece to tax all their income from abroad — pensions, interest, rents, capital gains — at a fixed rate of just 7% for 15 years, instead of the Greek progressive scale that reaches up to 44%.

Under the decision, those who transfer their tax residence to Greece by July 2 of a year may opt for inclusion for the year of arrival, if they submit the application by October 31 of that year; if they apply after October 31, inclusion applies to the following year. Whoever moves after July 2 may request inclusion only for the following year, with an application by October 31. Supplementary documents may be submitted no later than November 30 of the tax year for which inclusion is requested.

The application and documents may be submitted via the myAADE platform, by post, or by appointment at the competent services, while territorial competence lies with the Tax Procedure and Service Centers (KEFODE) of Attica and Thessaloniki. The decision aims to ease the attraction of new tax residents. To qualify, the applicant must receive a pension from abroad, must not have been a tax resident in Greece for 5 of the last 6 years, and must come from a country with a tax cooperation agreement with Greece.