Buyers who relocated to Greece under the country’s non-dom tax regime accounted for 29% of the transaction volume handled by Greece Sotheby’s International Realty in 2025, underscoring the growing importance of tax-driven relocations in the luxury residential market.The buyer category first appeared in the brokerage’s records in 2024. By the end of the first half of 2026, transactions linked to Article 5A of Greece’s Income Tax Code reached a total value of 58.2 million euros, according to data released by the company.By comparison, transactions involving buyers under Greece’s Golden Visa programme totalled 18.9 million euros over the same period.The median value of non-dom transactions stood at 2.95 million euros, compared with 1.5 million euros for Golden Visa purchases. The lowest recorded purchase amounted to 2.33 million euros for a non-dom buyer and 900,000 euros under the Golden Visa programme.The Athens Riviera accounted for 88% of non-dom activity and all Golden Visa transactions.British buyers represented 53% of non-dom purchases, a trend Greece Sotheby’s linked to the abolition of the United Kingdom’s non-dom tax regime in April 2025.Unlike the Golden Visa scheme, which grants residency rights through investment, Greece’s non-dom regime under Article 5A is aimed at individuals transferring their tax residency to the country. The programme requires an annual flat tax of 100,000 euros, an additional 20,000 euros for each dependent family member, and a minimum investment of 500,000 euros.According to Greece Sotheby’s, these buyers typically acquire primary residences because they relocate both their tax residency and their families to Greece.“For the first time, we have transaction data rather than estimates confirming that Greece has become a destination in the major redistribution of private wealth taking place across Europe,” Chairman and Chief Executive Savvas Savvaidis said.“This category was completely absent from our records before 2024. Today, it represents the second most important pillar of our market,” he added.