Article 4V All Greek citizens contribute to public expenditures without distinction according to their financial ability. Article 78 A tax may be imposed only by law passed in Parliament. The Parliament may not delegate its legislative power to the Government or other authority concerning the object and the rate of taxation as well as the [...]
When you let your property for short term holiday rentals, you are obligated to have an EOT licence (Greek National Tourist Board). However, not for family and friends to use your property for FREE. Obtaining a license from the Greek National Tourist Board (EOT) are: 1.Application form. 2.Declaration by applicant. 3.Rental agreement. 4.Certificate form the [...]
1.Research property, verify shares of takers, verify property parameters (see above) 2.If and when property is identified your attorney may recommend hiring a local surveyor to map out property that has a high value. 3.Calculate the property’s value (in some cases it has an objective value which is set by the Tax Office, in other [...]
So you were left some property in Greece. Converting what has been written and published in a Will, into a Deed in your name, can be a very involved process in Greece. Many factors come into play. How was the Will written? Is the property clearly identified? Many old Greek Wills are vague in their [...]
There are no annual taxes to pay in Greece, if the total value of the properties owned by the same person, does not exceed the value of 68.000.000 drs.(200.000 Euro).The valuation of properties, is carried out by the government, which provides published values, announced for every type of property. As already mentioned above, these values [...]
