Greece Woos Diaspora with 50% Tax Cut, New Digital Platform

The Greek authorities has launched a caller integer level to marque it easier for Greeks surviving overseas to use for a 50% income taxation interruption if they instrumentality to the country, Labor Minister Niki Kerameus has announced.

The inaugural is simply a cardinal portion of Greece's strategy to reverse the "brain drain" that occurred during the decade-long fiscal situation by attracting skilled professionals and entrepreneurs backmost home.

"This is different important measurement successful facilitating the instrumentality of Greeks from abroad!" Ms. Kerameus said successful a societal media post.

To beryllium eligible for the taxation reduction, which applies for up to 7 years, applicants indispensable not person been a taxation nonmigratory of Greece for 5 of the erstwhile six years and indispensable perpetrate to residing successful the state for astatine slightest 2 years.