At a Glance
The situation
Effective February 1, 2019, the minimum monthly salary for foreign workers in Greece has increased to EUR 650 for employees of all ages.
A closer look
Reminders on other requirements
Background
Salary increases between one and 10 percent are normal in Europe, typically seeking to keep the salary level aligned with the cost of living.
The previous minimum salary amounts in Greece differed by age. The new, consolidated requirements aim to simplify the minimum salary calculation for all workers, setting a unified threshold at the former highest salary requirement of applicants over 25 years of age on home payroll (EUR 654.50 gross per month for 2018). However, Greece’s government continues to encourage local over foreign workers, as shown by the steep increase in minimum salary levels despite Greece’s current economic conditions.
Looking ahead
Most European countries have published their new salary thresholds over the past weeks. Countries that have not yet published threshold changes at this time are not expected to implement any changes shortly.
This alert is for informational purposes only. If you have any questions, please contact the global immigration professional with whom you work at Fragomen or send an email to emea@fragomen.com.