Greek Laws

December 2nd 2020 Greece passed a law allowing digital nomads to half their income tax by working from Greece.  The scheme is open to both employed and self-employed starting from January 2021 as long as you have not previously been a tax resident of Greece or taking someone else's job.As Crete has been voted one of the top 5 countries in the world to live in we cannot think of anywhere better to work...

Investment Obtaining the Golden Visa is no longer a tedious task with the help ofour legal team and skilled administrators. We will guide and help you through the process, and therefore getting your Golden Visa will be effortless and uncomplicated. Here is some information and a description of the possibilities you will acquire when you obtain the Golden Visa:The golden visa was introduced by the...

In Greece, heirs are divided into 3 categories; the main category includes spouse, children, grandchildren, and parents. Inheritance tax has 3 scales and is calculated on property tax value (not market value). Property with tax value under €150 000 is tax-free. Exceeding €150 000 is taxed at 1% and €300 000 by 5% respectively. 10% of the share above €600 000. Example: inherited property with...

If one wishes to purchase real estate in Greece, the purchase of such is governed by the Astikos Kodikas (Greek Civil Code) which, is comparable to the German Civil Code (BGB). A notarised contract of sale and entry in the Ipothikofilakio (Land Charges Register) or Ktimatologio (Land Register) is also required for the purchase. As in German law, Greek law also has accession of title to a property and...

Buying Property in Greece..is different in Greece than in many other European countries. As a customer of A Place in Crete we assist you with all the paperwork. You need to have a lawyer who will obtain a “Power of Attorney”, which means that the lawyer can sign all necessary papers in your absence. You have the option of choosing your own lawyer on Crete or we can recommend you some. First we need...

EU citizens enjoy their full rights and privileges, including the right to establish residency, buy property, open a business and work in Greece.Greek Government offers residency permits for non-EU nationals that buy real estate in Greece with a minimum value of 250,000 Euros.For non-EU Nationals, there is now the possibility to acquire a Permanent Greek Residence Permit under the extremely attractive...

The expenses that the buyer has to pay when purchasing a property, are based on the selling price of the property. However, in cases where the Objective Value is higher than the selling price, then it is taken into account and consideration in the Purchase Contract. Below you can find a brief list of the expenses that one is to expect during a property purchase:- Transfer Tax All property purchases in...