Greek resident: letting a flat in Nice, tax and structure

What the tax treaty says

New treaty signed on 11 May 2022, in force since 30 December 2023 and applicable from 2024 income; it replaces the 1963 treaty. Rent (art. 6) and gains (art. 13) taxable in France.

How double taxation is avoided

Tax credit (art. 21): Greece taxes rent on its rental scale (15% to 45% in 2026) and deducts French tax.

On the French side: what you will pay

• Income tax at the non-resident minimum rate: 20% up to €29,579, 30% above (2025 income), or the average rate on option.
• Social charges: 7.5% (solidarity levy only) if you are covered by this country’s social security.
• Micro-BIC 2026: 30% allowance up to €15,000 (unclassified holiday let), 50% up to €83,600 (classified or mobility lease).
• Capital gains: 19% plus social charges, holding-period allowances. See taxation.
• Receiving rent: a French account is not required, a European (SEPA) account is enough. See receiving rent from abroad.

Greece-specific taxes

• Greece has suspended tax on property gains until 31 December 2026; whether this covers foreign property is unconfirmed.
• Mind the credit method: if your country taxes gross rent while the French result is low (actual-expenses regime, depreciation), a top-up may remain payable at home.

Declaring your Nice flat at home (Greece)

• In the “Ε1” return, rent from property abroad goes in table 4Δ2, codes 171-172 (net income after a 5% flat expense allowance), and tax paid abroad in codes 175-176 (numbering from the 2023 instructions, check each year).
• The property itself is flagged in codes 029-030 of the “Ε1” (income, assets or accounts abroad), stating the country and the “real estate” category.
• French tax is evidenced by the documents set by decision ΠΟΛ.1026/2014: keep your French tax notice.
• Deadline: 15 July in 2026, with a discount for one-off payment if you file earlier.

Form names and deadlines are those published by the country’s tax authority and change every year: have them confirmed by a tax adviser in your country.

What if you buy through an SCI?

The protocol treats a tax-transparent French partnership managed from France as a French resident, which covers income-tax SCIs. Greek practice remains to be confirmed.

Reminder on the French side: an SCI letting furnished becomes liable to corporate tax above 10% commercial receipts, and a company whose main activity is letting property must compensate from the first flat to get a change of use in Nice.

Which structure, generally?

Personal ownership (LMNP).

General guidance, to be confirmed with a tax adviser in your country and a French notary before buying.

Change of use, without travelling

No nationality condition: an owner living in Greece applies like a French resident, usually under a power of attorney. We prepare and file your application for free, then manage the property in English, at 20% excl. VAT (24% incl. VAT) for short stays or 15% excl. VAT (18% incl. VAT) under a mobility lease.