Attracting foreign individuals to Greece: Keep it short and sweet

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Over the past 12 months, the Greek government has put in place, for the first time, a triple set of tax incentives targeted exclusively at foreign tax residents who are considering redomiciling to Greece. It is an ambitious plan addressed to a diversified audience: high net worth individuals, retirees wishing to spend time in Greece, expats - including the "brain drain" generation - and the "work from anywhere" crowd.

These are incentives inspired by similar regimes that have been applied successfully in other European countries for several years. For instance, the new HNWI tax regime which, technically speaking, is quite similar to the Italian substitute tax regime, ranks quite well, when compared to the Swiss forfait fiscal regime. (It's important to note here that the more than 50% difference in living expenses...