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The Little-Known Greek Tax Loophole 

Nomad Capitalist
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4 авг 2024

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Комментарии : 85   
@anicca110
@anicca110 Год назад
Got The Golden Visa in Greece last year. Life has never been better! Greek islands are an amazing place to live.
@matthewbloomfield9372
@matthewbloomfield9372 11 месяцев назад
It's something I've been thinking about. Considering Corfu but little concerned whether it is suitable for year round living?
@noahcdmx1985
@noahcdmx1985 9 месяцев назад
Also thinking about Corfu, or maybe Crete. Where did you settle?
@kayleung5722
@kayleung5722 15 дней назад
What are your views on Green property taxes?
@williamhagertygabbiani604
@williamhagertygabbiani604 Год назад
The only certain thing about Greece is uncertainty. Greece is one of the most beautiful countries in the world and you can enjoy it as long as you DO NOT work there or have any business dealings in the country. The Greek bureaucracy is like an octopus with never-ending tentacles, once you are in its grip, it will never let you go!
@nomadcapitalist
@nomadcapitalist Год назад
Definitely a place to live, but keep your wealth elsewhere.
@GF-hg7op
@GF-hg7op Год назад
Greece is getting better! The election this month will determine where the country wants to go
@transformativeexperiences
@transformativeexperiences Год назад
Exactly
@pinetworkminer8377
@pinetworkminer8377 Год назад
@@GF-hg7op Do you think the future is likely to be better for Greece or Turkey? Turkey also has an upcoming election this month.
@GF-hg7op
@GF-hg7op Год назад
@@pinetworkminer8377 I'm not sure about Turkey tbh. In my view it has a substantial country risk due to being ruled by a dictator. Greece on the other hand is finally sort of trying to liberate its economy a little bit and it has probably hit rock bottom as an economy so it can only go up from here. Let's see what happens though
@bayernmunich1751
@bayernmunich1751 Год назад
This video about to go viral in greece
@carolinematta5764
@carolinematta5764 Год назад
Greece has a golden visa for 500,000 EUR for Athens and Thessaloniki and a few other places (!) but the rest of the country remains at 250,000 EUR. There are still options at 250,000 EUR, thankfully.
@turbo8677
@turbo8677 Год назад
I’m thinking about moving to Greece. Applied for my citizenship by descent last year. Still waiting.
@villageintheshire
@villageintheshire Год назад
That sounds about right
@smallmovezmusic
@smallmovezmusic Год назад
Lots of opportunities for investment in Greece. It's a relationship-based culture.
@castleincorporated
@castleincorporated Год назад
nice to know you can get residency if you're really interested in living in the Greek culture
@SRCBKA
@SRCBKA Год назад
They announced that by August the Golden Visa will increase from 250k to 500k
@mattanderson6672
@mattanderson6672 Год назад
Interesting!! Thank you
@rrocketman
@rrocketman 6 месяцев назад
Thanks very much for this mate
@nooralansare358
@nooralansare358 Год назад
Would you please talk about the changes in Cyprus slow track and fast track residency permit
@deneystanna2110
@deneystanna2110 Год назад
The best
@IceBreaker1
@IceBreaker1 Год назад
Great stuff, Andrew. Thank you.
@villageintheshire
@villageintheshire Год назад
Did Andrew explain the minimum stay requirement to take advantage of this ...?
@danielj3010
@danielj3010 Год назад
a wild yet feasible option..
@JoseSanchez-is8wh
@JoseSanchez-is8wh Год назад
Nice
@nomadcapitalist
@nomadcapitalist Год назад
Thank you.
@Valhalla_Heathen
@Valhalla_Heathen Год назад
Although I have Norwegian in my ancestry I have thought about moving to Norway but the insane taxation there makes me second guess that 😓
@landunlocked2423
@landunlocked2423 Год назад
K let’s do it
@earldurant4529
@earldurant4529 8 месяцев назад
What would happen for example if for the first 5years it's great tax incentive to pay the 100 000eur. But then it no longer is viable. Will the money made in the previous 5years all of a sudden not be protected/becomes taxable? If you opt out the 15 year cycle?
@charlesrocks
@charlesrocks Год назад
I’m surprised you’re not talking about El Salvador. They just eliminated a ton of taxes for Tech Companies including property taxes.
@nomadcapitalist
@nomadcapitalist Год назад
We discuss many more relevant options with our clients than we can cover in a handful of videos per month.
@alt-thinking
@alt-thinking Год назад
Need to elaborate the company part, if you want to reduce company tax burden
@villageintheshire
@villageintheshire Год назад
Yes...
@midshipsport
@midshipsport Год назад
yes. I have one in HK. but need to check if can live in Greece at the same time.
@nomadcapitalist
@nomadcapitalist Год назад
We’d be happy to help you as our client and sort everything out for you. Feel free to email help@nomadcapitalist.com.
@snowjx1
@snowjx1 4 месяца назад
Would this work for a trader and not a business owner?
@h.d.561
@h.d.561 Год назад
Can children over 22 (22+ years old children)of an Italian citizen be legally brought to Italy? If so, please explain how to do it
@lucas.santino
@lucas.santino Год назад
Is the lump sum tax regime available for EU citizens that have not lived in Greece?
@nomadcapitalist
@nomadcapitalist Год назад
Yes. Feel free to contact us for any help you need.
@Ari-vc2dt
@Ari-vc2dt 10 месяцев назад
What about the 7 percent on foreign sourced income? Have a company in estonia and pay the 20 percent there and spend the money in greece, and pay the 7 percent in greece (foreign sourced income) and get a good deal on an appartment buy it for 10k -30k, register the address with the greek police alien department, and get a residence permit that way, with my dutch passport and move my PE to greece? What do you think?
@nuriagarciaines
@nuriagarciaines 2 месяца назад
Do you have to live in Greece for a minimum amount of time?
@kevinstrong7520
@kevinstrong7520 Год назад
I'm confused. Setup your company outside of Greece but live in Greece for the tax loop. Where are you setting up that company and won't that country require you to pay taxes (separate from the 5% loop hole)
@TheWealthyExpat
@TheWealthyExpat 6 месяцев назад
Not if you setup the company in a tax free country such as Dubai or HK
@proedros
@proedros Год назад
Hello I am from Greece 🎉🎉🎉
@nomadcapitalist
@nomadcapitalist Год назад
Welcome.
@CarstenBachmeyerHealth
@CarstenBachmeyerHealth Год назад
really? WOW!
@tamambeabi
@tamambeabi 5 месяцев назад
tesslakoni :)
@patrickw8453
@patrickw8453 Год назад
Italy 7%
@nomadcapitalist
@nomadcapitalist Год назад
For a lesser period of time, and lump sum can still be cheaper for high earners.
@plavanvali
@plavanvali Год назад
Why to not move to Dubai and pay nothing?
@CarstenBachmeyerHealth
@CarstenBachmeyerHealth Год назад
greece is beautiful for a life...dubai maybe interesting for 1 week holiday
@marilenaganea6578
@marilenaganea6578 Год назад
Dubai is an open air prison. I worked there for a year. You need police permit to be able to buy alcohol from the 2 shops that sell alcohol in Dubai
@CarstenBachmeyerHealth
@CarstenBachmeyerHealth Год назад
@@marilenaganea6578 and they love to see your health test every year...otherwise you can leave
@marilenaganea6578
@marilenaganea6578 Год назад
@@CarstenBachmeyerHealth the health test didn't bother me. The fact that you can go straight to prison for having a boyfriend is a huge problem especially if you live there long term. The fact that if you are raped and report it to the police you'll go to prison asap for "sex outside the marriage"... So many reasons to never go there ... Ever...
@CarstenBachmeyerHealth
@CarstenBachmeyerHealth Год назад
@@marilenaganea6578 the health test is one of the biggest problems..we had something like this in dark germany
@trikosgr9334
@trikosgr9334 4 месяца назад
But after the 14 years
@BrandonClark-StocksPassports
This is a better video than that "dollarization" video you put out yesterday. Jesus 😂
@modo203
@modo203 10 месяцев назад
Buy greek stocks and bonds in the amount of half a million euros 😂
@r.p.mcmurphy6115
@r.p.mcmurphy6115 Год назад
Pay 5% tax and live in a place where your income is 5% of American and be happy that you gamed the system 😂
@nomadcapitalist
@nomadcapitalist Год назад
Our clients earn their income regardless of where they live.
@user-fp9ed4ji7v
@user-fp9ed4ji7v Месяц назад
Greece is a basket case same as the rest of Europe, just get yourself to the Caribbean and pay zero tax, the Greek islands are not that great and the mainland ( apart from the north ) is dreadful, borderline 3rd world.
@itslessfunincanada
@itslessfunincanada Год назад
Pay 0% tax in Greece if you bribe the tax officer 1000 Euros!
@dimitristheodorakakis5743
@dimitristheodorakakis5743 Год назад
nah, thats egypt, cant happen in Greece.
@evazts1379
@evazts1379 5 месяцев назад
@@dimitristheodorakakis5743 it can definitely happen. Seen and heard tons of cases like those. Maybe you have never met a good accountant.
@georgegeorgakopoulos5956
@georgegeorgakopoulos5956 23 дня назад
Don't believe the hype
@tsifty1
@tsifty1 Год назад
So can I take a pension from Canada and retire in Greece? Pay 5% instead of declaring in Canada?
@nomadcapitalist
@nomadcapitalist Год назад
We would be happy to help you evaluate your own situation: www.nomadcapitalist.com/apply/
@tux407
@tux407 Год назад
Love Greece 🫶 they have some cool projects in Athens too like Ellinikon smart city
@kayleung5722
@kayleung5722 15 дней назад
Last place I would want to live is a smart city aka 15 min digital prison
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