Greece asks international companies to transfer their tax residence

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PM Mitsotakis speaks to Boris Johnson at 10 Downing Street on Tuesday. Credit: PM Press Office

Greek Prime Minister Kyriakos Mitsotakis urged international companies to transfer their tax residency to Greece during his meetings in the City of London on Wednesday.

Mitsotakis said his government would offer tax incentives to those who move to Greece.

According to Greek government sources, Mitsotakis met with heads of financial institutions and fund management companies, as well as heads of international companies in the fields of energy, real estate, infrastructure, technology and industry.

He recalled the intense interest of global companies such as Microsoft, Pfizer, Cisco and Digital Realty to invest in Greece, and noted the tax incentives for those who choose Greece as their permanent tax residence, including Greeks who choose to return. at their home.

Greece offers a ‘favorable investment environment’ for foreign companies opting for Greek tax benefits

Mitsotakis pointed out that companies that decide to invest in Greece provide well-paid – and often highly skilled – jobs to Greeks, while helping to reverse the brain drain that has plagued the country over the past decade. .

Grecian Delight supports Greece

According to the same sources, Mitsotakis informed foreign investors about the favorable investment environment and the drastic reduction of bureaucracy in Greece. He spoke about the rapid digital transformation and the operation of the gov.gr portal, which, as he pointed out, facilitates the interaction of Greek citizens and businesses with the state.

He also pointed out that Greece is now borrowing at historically low interest rates, a fact that proves markets are confident about the economy’s long-term prospects, Mitsotakis said.

Mitsotakis reiterates Greece’s demand for Parthenon marbles

On Tuesday, the Greek Prime Minister met his British counterpart Boris Johnson at 10 Downing Street, where the full range of Greece-UK relations and ways to deepen them further were discussed.

Mitsotakis reiterated to Johnson Greece’s standing demand for the return of the Parthenon Marbles, noting that now is the time to meet Greece’s just request and see to the restoration of the monument in its entirety to the museum of the Parthenon. Acropolis, sources said.

Speaking about the issue to Greek reporters in London after meeting Johnson, Mitsotakis said “our request is not a flare. We will insist, methodically, on building within British public opinion the foundations necessary for the need to reunite the Marbles of the Parthenon with the sculptures of the Acropolis Museum. This is an important issue, which concerns our bilateral relations,” he stressed.

Moreover, he added, “it is not a legal issue per se; it is above all both a question of principle and a political question”, and he concluded by saying that “we will use all the means at our disposal to achieve this objective which is ours”.

Johnson told Mitsotakis on Tuesday that the British Museum was solely responsible for processing Greece’s request for the return of the Parthenon Marbles.

“The Prime Minister said he understood the strength of the feelings of the Greek people on this issue, but reiterated the UK’s long-standing position that this is a matter for the trustees of the British Museum,” a doorman said. floor of Downing Street after the meeting.

“Leaders agreed that this issue in no way affects the strength of the partnership between the UK and Greece.”

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