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Plan: Making Greece a tax haven

Featured Plan: Making Greece a tax haven

The Ministry of Finance is examining motives for foreign natural persons and businesses to transfer their tax residence to Greece, according to the daily Ta Nea.

Among the models under consideration is the Italian model, which provides, among other things, a fixed annual tax of 100,000 euros for the taxpayer's global income, and the Maltese model with a 15% flat tax on global income with a minimum tax of 15,000 euros.

Also studied is the Cyprus model, which provides tax-free sales of shares and bonds, and tax-free dividend and interest income.

According to the report from Ta Nea, the first discussions have already taken place with the government and a provision is expected in October.