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30% VAT Reduction Announced for Select Greek Islands Starting January 2026

    The VAT on certain border islands in Greece will be reduced by 30% starting January 1, 2026. This policy, announced by Prime Minister Kyriakos Mitsotakis, applies to islands in the North Aegean Region, the Prefecture of Evros, and the Prefecture of the Dodecanese with populations up to 20,000. The measure, costing 25 million euros annually, extends the reduced VAT already applied to five Aegean islands to additional islands to boost residential and business activity. Benefiting islands include Samothraki, Limnos, Agios Efstratios, and others, along with their smaller associated islands.

Source: ekathimerini.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.



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