Legislation to lift the capital controls is expected to be submitted to the Greek Parliament and go into effect on September 1, 2019 ending four (4) years of restrictions on transfers abroad by companies and individuals. The purpose of the restrictions on cash withdrawal and transfer of funds were to preserve the financial stability, by…
Whether it is for a short visit or for a desire to live in Greece for longer periods of time, Brexit will have consequences on the rights of British nationals and the formalities they will need to follow to stay in Greece permanently. Law 4604/2019 – Residence rights of UK citizens in Greece On 19…
A new Greek law envisages reductions in a special property tax (ENFIA) by an average weighted 22 pct, offering a respite to real estate owners in the middle class and low-value owners. Cuts in ENFIA, based on the total value of real estate assets, will be: 30 pct for property up to 60,000 euros, 27…
