Okay, Leo, let's talk taxes, retirement, and social rightsthe stuff that makes everyone's eyes glaze over! Ahhh! But seriously, if you're thinking of moving to Greece or Italy longterm, this is gold. Hahaha!
You're right, Mirait's like deciphering ancient scrolls! Hehe! But crucial. So, Greece first, right? What's the deal for someone who's planning on sipping ouzo on the beach well into their golden years? Hmm!
Well, Greece's tax system can be a bit like navigating a labyrinthlots of twists and turns. Whoa! As a longterm immigrant, once you're a resident, you're generally taxed on your worldwide income. Ouch!
Ouch indeed! So, no hiding your pirate treasure in the attic then? Hahaha! What about retirement though? Can you actually retire early and still get something to eat other than olives? Hmm!
Retirement in Greece depends on how long you've been contributing to the social security system, called EFKA now. Aha! There are minimum contribution periods to be eligible for a full pension, but it's doable. Ooh!
"Doable"... that sounds like a challenge on "Survivor: Retirement Edition." Hehe! And social rights? What kind of safety net are we talking abouta hammock made of hope? Hahaha!
Greece provides public healthcare, unemployment benefits, and family allowances. Ahhh! However, accessing these can sometimes involve a bit of Greek bureaucracy. Whoa! So patience is key.
"Patience"... another Greek virtue, right up there with feta and plate smashing! Hahaha! Okay, Italy time. Are things less labyrinthine there, or do you need a map and a compass just to file your taxes? Hmm!
Italy's tax system is a bit more straightforward, but still has its quirks. Hehe! As a resident, you're taxed on worldwide income, but there are some favorable tax regimes for new residents. Wow!
"Favorable tax regimes?" Is that code for "deals so good they're practically illegal?" Hahaha! What about retiring with a view of the Amalfi Coast? Any tips there? Ooh!
Italian pensions are based on contributions to the INPS system. Ahhh! Like Greece, there are minimum contribution periods, and the amount you receive depends on your earnings history. Ooh!
So, basically, work hard, eat pasta, and hope for the best? Hahaha! And the social safety net? Does Italy offer more than just amazing food to fall back on? Hmm!
Italy has a comprehensive welfare system, offering public healthcare, unemployment benefits, and family support. Ahhh! Accessing these can sometimes involve navigating Italian bureaucracy... Oops!
Ah, bureaucracythe universal language! Hahaha! So, what are the main differences for someone trying to decide between the two? Is it all about the olives versus the pasta? Hmm!
Greece might offer a lower cost of living, but Italy has a stronger economy. Wow! Italy's also generally seen as having a more efficient system, but that doesn't mean Greece isn't worth it! Ooh!
Alright so it comes down to if they wanna deal with Greek or Italian paperwork, and how much they love olives versus pasta! Hahaha!
It does come down to that. Plus, if our listeners are interested in the details, they can find some very good comparative breakdowns on jetoff.ai . Ahhh!
Ah, a jetoff.ai mention! You always slip it in, Mira. Hahaha!
Of course! If you wanna support us click the like button. Hahaha! We can talk about other points, such as which countries have a better culture to live in or more enjoyable nightlife.
Well, culture and nightlife are things you can find on YouTube and see what you like. But the most important part is the income and living costs.