Dreaming of whitewashed villages, sun-drenched coastlines, and a slower pace of life? Whether you’re seeking a new adventure, planning for retirement, or looking to work remotely from a scenic Mediterranean locale, a move to Greece from the USA is a thrilling prospect. With its rich culture, friendly locals, and relatively low cost of living, Greece offers something for everyone. But before you book your one-way ticket, it’s important to understand the visa options, living costs, and legal requirements specific to Americans.
In our guide, we cover everything US citizens need to know about relocating to Greece.
Visa Options for Americans Moving to Greece
Short-Term Visits: 90 Days Visa-Free
US passport holders can stay in Greece (and all Schengen countries) up to 90 days within any 180-day period without a visa. This is ideal for tourism, short visits, or initial scouting trips.
Note: These 90 days cover your entire stay in the Schengen Zone, not just Greece. So if you’ve spent 30 days in Italy, you only have 60 left for Greece.
However, if you’re planning to stay longer or engage in work or study, you’ll need to apply for a National Visa (Type D) before arriving in Greece.
Work Visa
If you’ve secured a job offer from a Greek employer, you may qualify for a work visa. Your employer must sponsor the visa, and you’ll need to provide:
- A signed employment contract
- Proof of qualifications and work experience
- A clean criminal record
- Medical and background checks
Once approved, you can apply for a residence permit after arriving in Greece.
Digital Nomad Visa
Introduced in 2021, the Greek Digital Nomad Visa is perfect for remote workers or freelancers earning income from outside Greece.
Requirements:
- Proof of employment or freelance contracts with foreign companies
- Minimum income of USD 3,800/month (after taxes)
- Health insurance coverage
- Clean criminal record
You’ll initially get a one-year visa, which can be extended for two more years via a residence permit. Family members can join you, but you’ll need to show higher income thresholds.
Student Visa
Planning to study in Greece? US citizens enrolled in recognized Greek educational institutions can apply for a student visa.
Requirements include:
- Letter of acceptance from the institution
- Proof of sufficient funds (roughly USD 435/month)
- Health insurance
- Clean background check
The visa is typically valid for the duration of your studies and may allow part-time work.
Retirement Visa / Financially Independent Person (FIP) Visa
Greece doesn’t have a visa officially called a “retirement visa,” but the FIP residence permit functions similarly. It’s intended for individuals who can financially support themselves without working in Greece.
Requirements:
- Passive income or savings amounting to at least USD 3,800/month
- No local employment
- Private health insurance
- Proof of accommodation in Greece
You must reside in Greece for at least 183 days per year to keep this permit.
Golden Visa Program
If you’re looking to invest in real estate and gain long-term residency, the Greek Golden Visa may be ideal. In return for a real estate investment (minimum USD 270,000 to USD 864,000 depending on the region), you get a five-year residence permit that’s renewable.
Benefits include:
- No minimum stay requirement
- Ability to bring family members
- Free travel within the Schengen Area
However, it doesn’t automatically grant work rights or lead directly to citizenship unless you reside in Greece full-time for seven years.
Cost of Living in Greece for Americans
Greece is generally 30% to 50% more affordable than many parts of the US. But, of course, expenses vary by location.
Housing Costs
Renting:
- One-bedroom in Athens: USD 540–USD 755/month
- One-bedroom in Thessaloniki: USD 430–USD 540/month
- Rural villages or small towns: as low as USD 270/month
Buying:
- Athens city center: ~USD 3,240/m²
- Suburban or rural areas: USD 1,300–USD 2,375/m²
Groceries and Dining
Grocery shopping is cheaper than in the US, especially if you buy local products. Dining out is also affordable:
- Taverna meal: USD 10–USD 15
- Three-course meal for two at a mid-range restaurant: ~USD 550
- Cappuccino: USD 3.50
Utilities and Internet
- Electricity/Water/Heating for 85m² apartment: USD 160–USD 215/month
- Internet (100 Mbps): USD 27–USD 32/month
Transportation
- Public transport in Athens: USD 1.30 per ticket; monthly pass ~USD 32
- Gasoline: USD 2.00 +/liter (~USD 7.00/gallon)
- Intercity buses: Affordable and reliable
Regional Cost Variations
- Athens: Most expensive but still cheaper than most US cities
- Thessaloniki: 15% cheaper than Athens
- Islands (e.g., Mykonos, Santorini): Higher prices, especially in tourist areas
- Rural towns: Lowest cost of living; ideal for retirees or slow living
Life in Greece as a US Citizen
Residency and Documentation
Once you have your long-stay visa and arrive in Greece, you’ll need to apply for a residence permit. This includes:
- Registering your address
- Obtaining a Greek Tax ID (AFM)
- Submitting biometric data
You may also need a Greek Social Security number (AMKA) if you’re working or accessing public healthcare.
Healthcare in Greece
Greece offers both public and private healthcare. While the public system is accessible to residents contributing to social insurance, many expats use private insurance.
Cost comparison:
- Private doctor visit: USD 54–USD 84
- MRI: USD 216–USD 324
- Private insurance: USD 108–USD 324/month, depending on age and coverage
Note: US Medicare does not cover healthcare abroad, so private coverage is essential.
Banking and Taxes
Banking: To open a Greek bank account, you’ll need:
- Passport
- Proof of address
- Greek Tax ID (AFM)
Due to FATCA, US citizens must fill out extra forms and report foreign accounts to the IRS.
Taxes:
- Greece taxes residents on worldwide income if you stay over 183 days/year
- US citizens must file annual returns with the IRS regardless of where they live
- The US-Greece tax treaty prevents double taxation
- Retirees may benefit from Greece’s 7% flat tax on foreign pensions (for up to 15 years)
FBAR & FATCA: If your Greek bank accounts exceed USD 10,000, you must file a Foreign Bank Account Report (FBAR). You may also need to file FATCA Form 8938.
Language and Culture
Most Greeks speak good English, especially in cities and tourist areas. However, learning basic Greek will enrich your experience and help you integrate. Key cultural tips:
- Greeks are warm, expressive, and value hospitality
- Meal times are later (dinner often at 9 PM)
- Expect bureaucracy and some delays – patience is key!
Expat Communities
You’ll find American expat communities in cities like Athens, Thessaloniki, and Crete. Facebook groups and organizations like InterNations are great ways to connect. The US Embassy also offers resources and community announcements.
Bringing Children or Dependents with You
If you’re moving to Greece with your family, you can usually include your spouse and dependent children in your visa or residence permit application. Each visa type has specific requirements:
- Digital Nomad Visa: Spouses and minor children are eligible for dependent permits; you must show increased monthly income (e.g., USD 4,535 for a couple, plus USD 566 per child).
- Golden Visa: Includes spouse, children under 21, and dependent parents of either spouse.
- Work and FIP Visas: Allow family reunification, though this may be a separate process once your permit is approved.
Make sure to bring apostilled birth and marriage certificates, translated into Greek. Children may also need local health insurance and school registration once you settle in.
Driving and Transportation in Greece
Americans visiting Greece short-term can drive with a US license and an International Driving Permit (IDP). However, if you become a resident, you are expected to convert to a Greek license within 6 months.
Steps to convert a US license:
- Register for residency and obtain a Greek Tax ID (AFM)
- Provide your US license, IDP, and medical certificates
- Take an eye test and, in some cases, a theory or practical exam (varies by region)
Transportation options:
- Public transport is reliable and affordable in cities like Athens and Thessaloniki
- Taxis are reasonably priced (starting at €3.50)
- Intercity buses (KTEL) connect most towns and cities
- Domestic flights and ferries are popular for island travel
Owning a car is more common in rural areas and on larger islands. Fuel costs are high compared to the US, so consider this in your budget.
Buying vs. Renting Property in Greece
Renting
Renting is straightforward and popular with newcomers. Lease terms are usually 1 to 3 years. Be prepared to pay:
- 1 month’s rent in advance
- 1 or 2 months’ rent as security deposit
Make sure to sign an official lease agreement (in Greek) and register it with the tax office.
Buying
Foreigners, including Americans, can buy property in Greece with few restrictions. The process involves:
- Obtaining a Greek Tax ID (AFM)
- Hiring a lawyer and notary
- Paying property transfer taxes (~3%)
Annual costs:
- ENFIA (property tax): varies by size and location
- Maintenance fees for apartments (if applicable)
If you plan to buy through the Golden Visa program, ensure your property purchase meets the regional minimum investment threshold (USD 270,000 to USD 864,000).
Education and Schools (for Families)
Greece offers several education options for expat families:
Public Schools
- Free and open to all residents, including expats
- Instruction is in Greek
- Some schools offer limited support for non-Greek speakers
Private and International Schools
- Located mainly in Athens and Thessaloniki
- Offer bilingual or English-language curricula (e.g., British, American, IB)
- Annual tuition ranges from USD 6,500 to USD 16,200
Popular schools include:
- American Community Schools of Athens (ACS)
- Campion School
- St. Catherine’s British School
Enrollment typically requires an application, interview, and past school records. These schools are ideal for families planning long-term stays or seeking continuity in education.
Is Moving to Greece Right for You?
Relocating to Greece is an exciting opportunity, offering a high quality of life, lower costs, and a rich cultural experience. Whether you’re working remotely from a seaside apartment, enjoying retirement in a quiet village, or immersing yourself in ancient history and local festivals, Greece has something to offer.
But it’s essential to do your homework. Choosing the right visa, understanding your tax obligations, and preparing for cultural differences will help you avoid surprises and enjoy a smooth transition.
Ready to make the leap? Grab your passport, start brushing up on Greek, and begin planning your Mediterranean adventure today!
Disclaimer: Visa requirements, costs, and tax laws can change. Always consult with a qualified immigration advisor like us here at NGE or a tax professional for the most current advice tailored to your situation.
