Hedge funds eye Athens as Greece offers competitive tax incentives

hedge funds tax incentives Athens asset management financial hub

Greece is emerging as a potential financial hub as several major international hedge funds and high-net-worth individuals consider relocating from the United Kingdom to Athens. This shift is driven by competitive tax frameworks designed to attract global investment talent.

Key developments include Chris Rokos, founder of Rokos Capital Management, announcing his decision to move his tax residence to Greece. Additionally, Millennium Management, which oversees more than 97 billion dollars in assets, is exploring the establishment of an office in Athens. Verition Fund Management is also examining a potential presence in the country.

The Greek government has implemented several tax incentives to facilitate this transition. These include a 5% tax rate on bonuses and investment profit shares for qualifying hedge fund professionals, and a regime allowing wealthy foreign residents to pay an annual flat tax of 100,000 euros on income earned abroad. These measures aim to position Athens as a viable alternative to traditional financial centers like London, Geneva, or Monaco.

Entities

Chris Rokos · Grandstream · Greece · Millennium Management · Rokos Capital Management · Samarina · United Kingdom · Verition Fund Management

Claims

What the coverage asserts, and how many sources carry each claim.

[○ 1 SOURCE] The UK hedge fund industry employs approximately 40,000 people www.hedgeweek.com
[● 7 SOURCES] Millennium Management manages over 97 billion dollars in assets. www.paraskhnio.gr · www.iefimerida.gr · www.madata.gr · pelop.gr · www.tharrosnews.gr · +2 more
[○ 1 SOURCE] Greece offers a 5% tax rate on bonuses and investment profit shares for qualifying hedge fund professionals pelop.gr
[○ 1 SOURCE] Wealthy foreign residents can opt for an annual flat tax of 100,000 euros on income earned outside Greece. pelop.gr
[● 10 SOURCES] Millennium Management is considering opening an office in Athens. www.paraskhnio.gr · www.hedgeweek.com · www.iefimerida.gr · www.madata.gr · pelop.gr · +5 more
[● 11 SOURCES] Chris Rokos is moving his tax residence from the UK to Greece. www.sbctv.gr · www.ot.gr · www.paraskhnio.gr · www.tharrosnews.gr · www.hedgeweek.com · +6 more
[○ 1 SOURCE] Hedge fund professionals moving to Greece can be taxed at a 5% rate on bonuses and investment profit shares. pelop.gr
[● 10 SOURCES] Verition Fund Management is exploring the possibility of establishing an office in Athens. www.sbctv.gr · www.ot.gr · www.paraskhnio.gr · www.tharrosnews.gr · www.hedgeweek.com · +5 more
[● 3 SOURCES] Verition Fund Management manages 12.6 billion dollars in assets. www.paraskhnio.gr · www.tharrosnews.gr · www.iefimerida.gr
[● 4 SOURCES] Rokos Capital Management manages 22 billion dollars in assets. www.paraskhnio.gr · www.iefimerida.gr · www.madata.gr · www.mononews.gr