Independent Authority for Public Revenues (AADE) implemented property transfers with a few clicks on the notary‘s computer, completed within a day through an online service for purchase transactions. The new online service “myPROPERTY” is already activated for property purchases without any visit to the Tax Office or other public services, without any bureaucracy and within a single day….
Remote bank account opening facilitates the Golden Visa Program: Following the recent government announcements that aimed at facilitating Golden Visa’s procedures for investors, now comes the latest Government Gazzete that clarifies the prospect of opening bank accounts remotely. The Executive Committee of the Bank of Greece passed in late May of this year a decision for the remote electronic…
Brief presentation Article 51 of Law 4647/2019 introduces a provision that allows property owners to declare by August 31 of this year the actual square meters of their properties at their respected Municipality without retroactive consequences, debts and fines. Declaring the actual square meters is decisive for the amount of various charges imposed by the…
In a world that has been impacted by the threat of COVID-19, countries around the globe are implementing measures to safeguard their people and communities. We at Stathaki Law Office are also doing our part. We are conscious of the difficulties that many people around the world are facing due to the COVID-19 outbreak. Protection and safety…
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…
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…
