The provisions of articles 5A, 5B and 5C of ITC, seek to attract individuals, non-residents, in order to transfer their tax residence to Greece.

• Under the provisions of Article 5A of the ITC, tax incentives are established in order to attract high-net-worth tax residents, with the aim of increasing public revenues, importing capital into Greece, creating unit trusts or participating in investment schemes or companies, as well as creating jobs, through the alternative taxation of their foreign-sourced income.  
• According to the provisions of Article 5B of the ITC, individuals-beneficiaries of a foreign pension are given the opportunity to transfer their tax residence to Greece and be subject to alternative taxation of their foreign-sourced income. 
• Finally, the provisions of Article 5C of the ITC complete the framework for attracting non-resident individuals in order to transfer their tax residence to Greece, through the establishment of a special taxation method for their income from employment and business activity arising in the country.

 Detailed information regarding the application of the above articles can be found on the following link: “Tax incentives to attract new tax residents, Articles 5A, 5B, 5C of Law 4172/2013 (ITC)”