All material subject to strictly enforced copyright laws. © 2022 ITR is part of the Euromoney Institutional Investor PLC group.

The rise of ‘digital nomads’ in Greece

Sponsored by

There has been exponential growth of the digital nomad population

Konstantinos Nanopoulos, Victoria Iliopoulou and Nicholas Demiroglou of TaxExperts Group discuss a new law to attract digital nomads to Greece.

The new reality, introduced by the consecutive lockdowns due to the COVID-19 pandemic, in combination with the robust networking infrastructure, through the completion of the licensing process of 5G networks, as well as the wider technological ecosystem in Greece has paved the way for exponential growth of the digital nomad population. 

According to an extensive digital nomad study performed in 2020 by Emergent Research and MBO Partners, the number of US digital nomads grew from 7.3 million to 10.9 million, depicting a 49% increase. Even though this study is based on US data, it certainly reflects a new global trend for the professional world. 

In a constantly evolving technological environment, therefore, Greece has made significant steps, becoming one of the first countries to transform into a digital innovation destination, introducing a new law attracting ‘digital nomads’. 

Law 4825/2021, which has introduced the concept of the digital nomad in Greek Immigration Law with Article 11, allows third country workers to work remotely from Greece. Τhe law outlines the process and criteria for the digital nomad visa, giving a significant motive for economic development for communities of all sizes and offering better quality of life to remote workers.

Big technological investments, such as the Space X and Tesla satellite network expansion for the entire country, CISCO’s Digital Transformation Centre and Pfizer’s Research Centre in Thessaloniki, as well as TeamViewer’s Research & Development Hub in Ioannina, have put Greece on the map of radical digital developments. 

The provision of Article 11 was introduced when the technological ecosystem in Greece was mature enough to welcome new digitally friendly policies. A regulatory framework for licensing digital wallet companies and crypto-assets exchange was recently introduced, highlighting Greece’s endorsement of cryptocurrencies and digital technologies. 

In general, the new digital nomads regime in Greece has low administrative costs, as seen below, and a fast track (approximately 10 days) process before the competent Greek consular authority that individuals need to apply to for the visa. The documentation required, which is explicitly provided by law, could be sent in advance for the filing of the relevant request, while a local bank account could be opened following TIN registration of the individual. 

The issuance of the digital nomad visa depends on the filing of the following documentation:

  • Employment or work contract with a counterparty that is established outside of the Greek territory;

  • Solemn declaration stating the individuals’ intention to reside in Greece and their commitment to not work for an employer or client who is based in Greece;

  • Confirmation of position held by the individual as well as company details;

  • Proof of income, proving that the individual has sufficient regular financial compensation. Adequate financial income is set at the net amount of €3,500/month minimum. This amount is increased by €700 for any spouse/partner and by €525 for every child; 

  • National visa fee of €75; and

  • Administrative fee of €1,000.

The digital nomad visa holders are granted the right of legal residence within the Greek territory, with no access right, however, to Greek dependent employment or business activity in Greece for 12 months. This does not apply to short-term rents which are now very common in Greece. 

Digital nomads could also bring their families too, who, upon expiration of the residency permit, are all eligible to a two-year residence permit extension, dependent on the relevant request filed before the expiration of the visa.  

It is, finally, worth noting that in anticipation of the issuance of detailed guidelines by the Independent Authority of Public Revenue with respect to the tax residency of the digital nomads, any related issues raised are regulated by general tax residence rules and OECD guidelines on a case-by-case basis.


Konstantinos Nanopoulos

Managing partner



Victoria Iliopoulou




Nicholas Demiroglou




more across site & bottom lb ros

More from across our site

This week Brazil’s former President Luiz Inacio Lula da Silva came out in support of uniting Brazil’s consumption taxes into one VAT regime, while the US Senate approved a corporate minimum tax rate.
The Dutch TP decree marks a turn in the Netherlands as the country aligns its tax policies with OECD standards over claims it is a tax haven.
Gorka Echevarria talks to reporter Siqalane Taho about how inflation, e-invoicing and technology are affecting the laser printing firm in a post-COVID world.
Tax directors have called on companies to better secure their data as they generate ever-increasing amounts of information due to greater government scrutiny.
Incoming amendments to the treaty could increase costs on non-resident Indian service providers.
Experts say the proposed minimum tax does not align with the OECD’s pillar two regime and risks other countries pulling out.
The Malawian government has targeted US gemstone miner Columbia Gem House, while Amgen has successfully consolidated two separate tax disputes with the Internal Revenue Service.
ITR's latest quarterly PDF is now live, leading on the rise of tax technology.
ITR is delighted to reveal all the shortlisted firms, teams, and practitioners for the 2022 Americas Tax Awards – winners to be announced on September 22
‘Care’ is the operative word as HMRC seeks to clamp down on transfer pricing breaches next year.
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree