On December 2, 2020, the Greece’s parliament passed a new tax law. Under “If you can work from anywhere, why not work from Greece?” campaign, the new law allowing digital nomads to half their income tax. This, for now, make Greece to joins Dubai, Barbados and others as newcomers that fully embracing the digital nomads scene.
The new law that allows newly settled foreigners to pay half their income tax over the next seven years is planned to open in January 2021. The scheme will be open to both employed and self-employed workers as long as they have not previously been a tax resident of Greece, or replace an existing job in the country.
Due to the COVID-19 pandemic, the world is changing. People is become less physically tied to their working rules. Greece is one of the country that quickly adapt to ever changing world by offering a new digital nomads visa.
The visas remove the long standing grey area between traveler and country, work and pleasure, where someone enters as a tourist, but undergoes work activities for their job based abroad.
The visa also allowing digital nomads to live and work remotely brings in vital revenue for local businesses from apartments to things like restaurants, coffee shops and retail.