#1. ‘Working from anywhere’ prompts government to offer 50% tax cuts to attract footloose remote workers.
The Greek government has plans to offer an income tax cut of 50% to remote professionals who move to the Mediterranean country in 2021. The project aims to combine the appeal that has made Greece a tourism hotspot with the country’s ambitions to diversify its economy into the digital sphere.
The initiative is also designed to go some way towards reversing the ‘brain drain’ that resulted from a decade-long sovereign debt crisis that shrunk Greece’s economic output by 25% and saw around 800,000 Greeks leave their homeland. Read more on DW.