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…
An Economy Ministry bill tabled in Parliament provides for the broadening of the criteria for non-European Union citizens to be granted a five-year residence permit, or Golden Visa, beyond the investment of 250,000 euros in local real estate assets. The draft law foresees permits being issued for third-country nationals (and their families) who invest a…
If you are an individual wishing to buy property in Greece, you should know that such action comes with certain tax obligations both before and after the purchase. In the handy manual of the Independent Authority For Public Revenue of Greece you may find out more about those obligations and the requirements you need to meet…
Cutting off terrorist financing To allow law enforcement authorities timely access to financial information necessary for investigations of serious crimes (including information on bank accounts and financial analysis), the Commission is proposing a new Directive which will provide for: Direct access to bank account information: law enforcement authorities and Asset Recovery Offices will have direct access…
