The Hassan Family’s Journey: Multi-Generational Tax Optimization in Greece

The Hassan family, consisting of multiple generations with different needs, sought to relocate to Greece while optimizing their tax position. Omar Hassan wanted to invest in Greek real estate and benefit from favorable tax regimes, his parents Ahmed and Amina needed retirement tax planning, his wife Zainab wanted to start a jewelry business, and the family needed residency solutions for their children. Each family member had different requirements under Greek tax law, requiring comprehensive planning across multiple tax regimes and residency programs.

Eurofast provided comprehensive multi-generational tax and residency planning services. The solution included: securing Omar's Non-Dom status through a €1 million villa investment in Mykonos, qualifying him for a flat tax rate of €100,000 per year on global income for up to 15 years; arranging favorable pensioner tax regime for Ahmed and Amina with 7% flat tax on foreign-sourced income; establishing Zainab's freelance jewelry business with 50% income tax reduction for new residents; and facilitating Golden Visa applications for the entire family. Eurofast coordinated all aspects of the family's relocation, ensuring optimal tax treatment for each family member.

The Hassan family successfully relocated to Greece with optimal tax treatment for all family members. Omar qualified for the Non-Dom program with significant tax savings, his parents secured favorable pensioner tax treatment, Zainab established her jewelry business with tax incentives, and the family obtained Golden Visas providing EU travel freedom. The comprehensive planning resulted in substantial tax savings while providing the family with residency security and business opportunities in Greece.