Sun, sea, safety: Greece woos British pensioners with 7% income tax rate

Athens offers generous tax incentives to lure Europe’s retirees – and boost its own struggling economy Most countries want to attract the young and the willing – entrepreneurs with ideas, students looking to learn, people prepared to do the jobs locals turn down. Greece, though, has decided on a different approach, by making a play for Europe’s retirees.“The logic is very simple: we want pensioners to relocate here,” says Athina Kalyva, head of tax policy at the Greek finance ministry, who has helped design a scheme to get people to do just that. “We have a beautiful country, a very good climate, so why not?” Continue reading... https://www.theguardian.com/world/2020/jul/19/sun-sea-safety-greece-woos-british-pensioners-with-7-income-tax-rate #greece #kyriakos_mitsotakis #pensions_industry #tax_havens #europe