Retire in Greece
Your complete guide to financial independence in Greece for 2026
Beautiful islands and history; tax breaks available for new residents.
💰
55%
Cost of Living
vs NYC baseline
🏠
$700
Average Rent
per month
📊
15.0%
Capital Gains Tax
on investments
🛡️
8/10
Safety Score
security rating
How Much Do You Need to Retire in Greece?
Lean FIRE
€433,714
For €1,100/mo lifestyle
Moderate
€650,571
For €1,650/mo lifestyle
Comfortable
€867,429
For €2,200/mo lifestyle
Luxury
€1,084,286
For €2,750/mo lifestyle
Note: These calculations use the 3.5% safe withdrawal rate and include Greece's 15.0% capital gains tax.
Visa & Residency Options
Available Visas
Golden Visa / Digital Nomad Visa
Cost by Location Type
Urban
€910
30% more
Suburban
€700
baseline
Rural
€490
30% less
Cheaper Alternatives to Greece
Compare with More Expensive Countries
Frequently Asked Questions about Greece
Geo-arbitrage is the strategy of earning a strong currency (like USD or EUR) while living in a country with a lower cost of living. In 2026, this is the fastest way to achieve FIRE, allowing you to reduce expenses by 40-60% without lowering your quality of life.
The Freedom Clock calculates your exact 'Freedom Date' based on your savings, income, and the real-time cost of living in your target country. It accounts for 2026 inflation rates and tax laws to give you a precise timeline for early retirement.
Applicants must demonstrate a monthly net income of at least €3,500, plus 20% for a spouse and 15% per child.
Yes, Greece offers a 50% income tax exemption for 7 years to qualifying nomads who commit to staying for at least two years.
The nomad visa itself is for 1 year (renewable for 2), but 5 years of legal residence can lead to permanent residency eligibility.
Public healthcare is accessible to residents, but nomads usually maintain private insurance, which is high quality and relatively low cost.
The threshold for real estate investment has increased to €800k in high-demand areas (Athens, Thessaloniki, islands) and €400k elsewhere.
Major islands like Crete and Rhodes have excellent fiber, while smaller islands are now largely covered by high-speed Starlink.
A single person can live comfortably on €1,800–€2,200 per month, which is significantly lower than in Northern Europe.
Greece is very safe with low violent crime rates; common sense is sufficient even in busy urban centers.
No, the visa strictly prohibits local employment; all income must come from employers or clients based outside Greece.
Greece averages over 300 days of sunshine per year, making it a top choice for those seeking a Mediterranean climate.
Calculate Your Personal Freedom Date
Use our interactive calculator to see exactly when you can retire in Greece based on your current savings and income.
Try the Freedom Calculator →