Greece
Italy
Greece vs Italy
Complete comparison for your tax relocation
Taxation
| Top income tax bracket | 44% | 43% |
| Corporate tax | 22% | 24% |
| Capital gains | 15% | 26% |
| VAT | 24% | 22% |
| Tax treaty with France | Yes | Yes |
| Special regime | Flat tax 7 % pour retraités étrangers | Régime Impatriati (70 % d'exonération) |
| Wealth tax | No | No |
| Territorial taxation | No | No |
Flat tax 7 % pour retraités étrangers
Duration: 15 ans
Les retraités qui transferent leur résidence fiscale en Grece peuvent bénéficier d'un taux forfaitaire de 7 % sur tous leurs revenus de source étrangere (pensions, revenus fonciers, dividendes, intérets). Ce régime est tres attractif pour les retraités français.
Régime Impatriati (70 % d'exonération)
Duration: 5 ans (prolongeable de 5 ans sous conditions)
Les travailleurs qui transferent leur résidence fiscale en Italie peuvent bénéficier d'une exonération de 70 % de leur revenu imposable (50 % depuis 2024 pour les nouveaux bénéficiaires). Seuls 30 à 50 % des revenus sont effectivement imposés, ce qui réduit considérablement la charge fiscale.
Cost of living
| Monthly cost (single) | 900 € | 1 200 € |
| Monthly cost (couple) | 1 500 € | 1 900 € |
| City center rent | 600 € | 900 € |
| Outside city rent | 400 € | 550 € |
| Private health insurance | 80 € | 0 € |
| Public healthcare | Accessible | Accessible |
Estimated total monthly budget (single, with city center rent)
Greece is approximately 600 € cheaper per month in total.
Quality of life
| Average temperature | 18°C | 15°C |
| Safety | 5/10 | 5/10 |
| Health index | 59/100 | 65/100 |
| Internet | 55 Mbps | 80 Mbps |
| Timezone vs Paris | +1h | +0h |
| French-speaking community | Small | Small |
| Languages | Grec | Italien |
| Currency | Euro (EUR) | Euro (EUR) |
| Corruption index | 49/100 | 56/100 |
| Democracy index | 7.56/10 | 7.69/10 |
Settling in
| Residence permit delay | 4 months | 6 months |
| Company creation | 4 days | 11 days |
| Bank account | Moderate | Moderate |
| Political stability | 6.5/10 | 7/10 |
| Ease of business | 79th worldwide | 58th worldwide |
Summary
Greece
- Top IT: 44% | Corp. tax: 22%
- Cost of living: 900 €/mo
- Safety: 5/10 | Health: 59/100
- Regime: Flat tax 7 % pour retraités étrangers (15 ans)
Italy
- Top IT: 43% | Corp. tax: 24%
- Cost of living: 1 200 €/mo
- Safety: 5/10 | Health: 65/100
- Regime: Régime Impatriati (70 % d'exonération) (5 ans (prolongeable de 5 ans sous conditions))
Comparative analysis: Greece vs Italy
Which country has lower taxes?
Both countries are fairly close on taxation. Income tax reaches 44% in Greece and 43% in Italy. Corporate tax is 22% and 24% respectively. Capital gains are taxed at 15% in Greece versus 26% in Italy.
Which country is cheaper to live in?
The cost of living is lower in Grece. A single person spends about 900 EUR/month excluding rent, compared to 1 200 EUR/month in Italie. City center rent averages 600 EUR versus 900 EUR.
Which country is safer?
Both countries have an identical safety score of 5/10.
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Disclaimer
The tax information presented is based on estimates from public sources (PwC, OECD, government sources). It does not constitute tax or legal advice. Tax rules change regularly and your personal situation may significantly affect the calculation. Consult a qualified professional before making any relocation decision.