Calculate Your 50% Tax Break
Greece offers one of the most generous tax incentives in Europe. Enter your gross annual income below to see exactly how much you can save under the Article 5C regime.
Calculate Your 5C Tax Savings
See exactly how much you can save per year by moving your tax residency to Greece under Article 5C.
Enter your gross annual income in euros (before taxes).
Standard Tax
Without Article 5C
Article 5C Tax
With Tax Break
Your Annual Savings
That's €78,400 over the full 7-year period of the scheme!
*Disclaimer: This calculator provides an estimate based on the standard Greek progressive income tax brackets (2026). It does not include social security (EFKA) contributions or business expenses, which vary by individual setup.
How the 50% Tax Exemption Works
The Greek government introduced Article 5C of the Income Tax Code to attract foreign talent, remote workers, and digital nomads (with specific visas). Under this regime, 50% of your Greek-sourced employment or freelance income is completely exempt from income tax and the special solidarity contribution for up to seven consecutive years.
Who is eligible?
- You must not have been a Greek tax resident for 5 of the past 6 years.
- You must transfer your tax residency from an EU/EEA state or a country with a tax cooperation agreement with Greece.
- You must start new employment in Greece or set up a new sole proprietorship (freelance business) in Greece.
- You must declare your intent to stay in Greece for at least two years.
Important Note on Digital Nomad Visas: If you are a Non-EU citizen planning to use the Digital Nomad Visa (DNV), you are generally not eligible for this tax break, as the DNV prohibits you from entering the Greek labor market or setting up a local freelance business. EU citizens can apply easily.
How the math works
The standard Greek income tax is progressive, scaling from 9% up to 44%. If you earn €60,000, you are normally taxed on the full €60,000, pushing a large chunk of your income into the 44% bracket.
Under Article 5C, you are only taxed on €30,000. This not only halves your taxable base but also keeps your income entirely out of the highest tax brackets, resulting in a dramatically lower effective tax rate.