Head to head
Athens vs Mykonos.
Athens and Mykonos tax a $1M income alike, so cost decides it: Athens scores 58 on the Patrician.ch cost index and Mykonos 108, with Zurich at 100. Both in 🇬🇷 Greece, compared on tax, residence, cost and the life.
In short, current to October 2026
- On $1,000,000 of income, Athens takes an effective 43% and Mykonos takes 43%, an identical effective rate on the Patrician.ch 2026 model.
- Neither Athens nor Mykonos taxes a capital gain on a disposal by a resident individual, so a liquidity event realized after residence begins is not taxed locally in either.
- Greece operates a special regime for arriving foreigners: Non dom flat tax of €100K a year on all foreign income for up to 15 years, against a €500K investment in Greece within 3 years and €20K a year more per family member, plus a 7% flat rate for foreign pensioners. Greece operates: Non dom flat tax of €100K a year on all foreign income for up to 15 years, against a €500K investment in Greece within 3 years and €20K a year more per family member, plus a 7% flat rate for foreign pensioners.
- Inheritance, what a child pays: 1% to 10% in Athens, 1% to 10% in Mykonos.
- Route in: Athens by Residence by investment, Lump sum residence, Remote work visa. Mykonos by Residence by investment, Lump sum residence, Remote work visa.
- Cost of the life is 58 in Athens against 108 in Mykonos on the Patrician.ch index where Zurich is 100, and safety 6 against 7 of 10. Both are Patrician.ch editorial indices scored by us, not published statistics.
Source: the Patrician.ch board, an original ranking of 100 residence addresses across 47 countries and territories. Tax rates, thresholds and routes are sourced. Cost, safety, schools, sun and beauty are Patrician.ch editorial indices. Figures current to October 2026. Updated . Cite as: Patrician.ch, Athens vs Mykonos (Greece): tax, residence and cost 2026, patrician.ch/compare/athens-vs-mykonos/, October 2026.
