Thinking about retiring abroad? Learn why Greece is one of Europe’s top destinations for retirees. This guide covers visas, cost of living, healthcare, taxes, and everything you need to retire in Greece with confidence.

Introduction

With its relaxed pace of life, stunning landscapes, affordable living, and welcoming culture, Greece has quietly become one of Europe’s most desirable retirement destinations. From seaside towns to vibrant cities and peaceful islands, retirees are drawn to Greece not only for its charm, but for its lifestyle, value, and increasingly favorable policies for foreign residents.

Whether you’re already exploring your next chapter or just starting to dream about it, this guide offers everything you need to know about retiring in Greece in 2025.

Why Retire in Greece?

1. Affordable Mediterranean Living
Compared to Western Europe and North America, Greece offers a lower cost of living with a high quality of life—fresh food, warm weather, walkable communities, and low healthcare costs.

2. Stunning Variety of Places to Live
From the history and culture of Athens to island tranquility in Paros or Crete, retirees can choose between urban convenience and coastal calm.

3. Favorable Tax Incentives
Greece offers one of Europe’s most attractive flat-tax options for foreign pensioners: just 7% on all foreign income for up to 10 years.

4. Access to EU Healthcare and Residency
Once you have residency, you can access both public and private healthcare systems and enjoy visa-free travel within the Schengen Area.

Best Places to Retire in Greece

Crete
Greece’s largest island is a favorite for retirees thanks to its size, healthcare access, friendly locals, and mild winters.

Nafplio
A charming seaside town in the Peloponnese, close to Athens, offering history, walkability, and elegance without the city pace.

Paros or Naxos (Cyclades)
Perfect for those seeking laid-back island life with enough infrastructure for year-round living.

Athens Riviera (Glyfada, Voula)
Coastal suburbs with beach access and proximity to international amenities, ideal for expats who want both peace and practicality.

Visa Options for Retirees in Greece

1. Financially Independent Person (FIP) Visa

Designed for non-EU nationals with passive income (pensions, dividends, rentals).

Key Requirements:

• Proof of at least €2,000/month income (€400 per dependent)
• Private health insurance in Greece
• No work permitted under this visa
• Renewable annually, with potential for permanent residency

2. Golden Visa (Residency by Investment)

For retirees looking to invest in real estate rather than prove ongoing income.

Benefits:

• Minimum investment: €250,000 (or €500,000 in high-demand areas)
• No minimum stay required
• Renewable 5-year permit
• Spouse, children, and parents included

Cost of Living for Retirees in Greece

• Rent: €400–€900/month for a one-bedroom in most areas
• Groceries: Fresh, local food for less than in the US or UK
• Dining out: €10–€20 per meal at traditional tavernas
• Healthcare: €50–€100/month for private insurance
• Transportation: Inexpensive and efficient in cities, car recommended for rural/island living

Overall, a comfortable retirement lifestyle is achievable on €1,500–€2,500/month, depending on your location and preferences.

Healthcare in Greece

Greece offers both public (EOPYY) and private healthcare. Retirees with private insurance can access excellent medical care, especially in Athens, Thessaloniki, Crete, and major island hubs. EU citizens can use their EHIC/insurance transfer, while non-EU nationals need proof of coverage when applying for residency.

Tax Benefits for Foreign Pensioners

Greece introduced a special tax regime in 2020 for retirees relocating from abroad:

• Flat 7% tax on foreign income (pensions, dividends, etc.)
• Valid for 10 years
• Must transfer tax residency to Greece and apply by March 31 of the tax year
• Must be from a country with a bilateral tax agreement (e.g., USA, Canada, Australia)

This rate is significantly lower than what many retirees pay in their home countries and is one of the best in the EU.

How Relocate.world Can Help

Retiring abroad is exciting—but it also requires clarity, strategy, and trusted local support. At Relocate.world, we connect you with bilingual professionals across Greece who can guide your retirement journey from start to finish.

We offer:

• Visa application and renewal support
• Tax planning and pension relocation services
• Real estate guidance for buyers and renters
• Personalized consultations for families and couples
• Ongoing legal, healthcare, and financial support

Start planning your retirement in Greece today.