The UK’s third-biggest taxpayer is reportedly switching his residency to Greece and opening an Athens office. Greece charges new tax residents a flat 100,000 euros a year on all foreign income, whatever they earn, for up to 15 years.
Dominican citizenship has never made anyone a tax resident, so the flat 10% rate and the end of worldwide taxation reach the retirees and remote workers who move there, rather than the citizens by investment who remain abroad.
Attracted by the charm of Italy but repelled by its high tax rates? Here are the three special regimes that make Italy a tax haven – for you.
The Ministry of Finance has tabled a law that would offer a flat tax of 7% for foreign retirees who transfer their tax residence to Greece.
Italy offers three routes to residence by investment: Lump-sum taxation on high earners, an investor visa that begins at €500,000, and tax-free retirement.
