Bisina SomtoIn a bid to attract a diverse community of remote workers, Greece has introduced its Digital Nomad Visa program for 2023, offering an enticing opportunity for non-European nationals to reside and work in this beautiful Mediterranean nation without the constraints of a traditional job offer from a Greek employer.
Designed to accommodate remote workers from around the world, this visa comes with a set salary threshold to facilitate the dream of working from the shores of Greece.
Since its launch, approximately 1,693 digital nomad visas have been granted in Greece, indicating a growing interest in this unique visa program that offers both professional and lifestyle advantages.
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The Greece Digital Nomad Visa: A Closer Look
The Greece Digital Nomad Visa is initially granted for one year but can be extended, providing individuals with an opportunity for an extended stay. One of the standout features of this visa is the freedom it offers to travel to other European Schengen countries and beyond, adding to the appeal of this program.
With this visa in hand, digital nomads can work remotely for any employer or company registered outside of Greece. This open approach allows for a variety of remote work opportunities, whether you are a Youtuber, Blogger, travel blogger, freelance writer, developer, or any other profession that can be conducted online.
The application process typically takes between 10 days to one month to process, ensuring a relatively swift response for those eager to embark on this journey. If you plan to work for a company remotely, be sure to provide a valid letter of employment as part of your application.
Financial Requirements and Taxes for Digital Nomads
To be eligible for the Greece Digital Nomad Visa, applicants must consider the following financial requirements:
€75 application fee.
€150 administration fee.
As of October 2023, a minimum monthly salary of at least €3,500.
If you plan to bring your spouse and one dependent, you must demonstrate a monthly earning capability of €4,830.
In terms of taxes, if your stay in Greece as a digital nomad is less than six months, you won’t be required to pay taxes. However, once you exceed this duration, you will become liable for tax obligations.
According to Greek law, during your first seven years as a digital nomad in Greece, only half of your monthly income will be subject to taxes, providing a considerable financial benefit.
Somto is an Entertainment Reporter with a passion for uncovering the latest stories in the world of entertainment. As a dedicated journalist, Somto delivers in-depth reporting, exclusive interviews, and breaking news coverage.
She covers a wide range of topics, from celebrity interviews to industry trends and film reviews.
As an Entertainment Reporter for Prime Business Africa, She continues to provide comprehensive and insightful coverage of the entertainment industry, offering readers an insider's perspective on the latest developments and trends. She is a trusted source for breaking news, exclusive interviews, and thought-provoking analyses.
Somto is dedicated to providing valuable information and entertainment to her audience while upholding the highest standards of journalistic integrity.
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