Our Founding Partner, Petros Machas, shared key insights at a private gathering in London, held on 24 June 2025 and attended by high-net-worth individuals (HNWIs), wealth advisors, and real estate professionals.
The event coincided with the announcement by the Minister of Economy and Finance of two pivotal reforms to Greece’s Non-Dom (Alternative Taxation) regime — long anticipated by the market and the international advisory community, and expected to take effect in the coming months.
Petros Machas emphasized the competitive advantages of the Greek Non-Dom regime compared to similar frameworks in other European jurisdictions, such as Italy. He also welcomed the newly announced reforms, set to be implemented, emphasizing how they further simplify the process and enhance Greece’s appeal for globally mobile individuals, families, and international investors.
Key Highlights of the New Reforms:
Flexible Family Inclusion
Family members can now join the Non-Dom regime at any point during the 15-year period, with a flat annual tax of €20,000 per person — adding much-needed flexibility for relocating families.
Full Exemption on Foreign Inheritances and Gifts
Foreign assets transferred by gift or inheritance are now entirely exempt from Greek taxation — a major step aligning Greece with other leading jurisdictions and eliminating a significant barrier for wealth succession planning.
These forthcoming developments represent a significant milestone, and we take pride in our team’s contribution to advocate for these crucial changes. Their adoption underscores Greece’s growing appeal as a premier EU destination for sustainable, long-term wealth and investment. At Machas & Partners, we continue to advise clients globally on structuring their relocation and wealth planning strategies under the new Non-Dom framework.
Contact our Private Clients Service team to explore the opportunities now available in Greece.
