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Non Domiciled Tax Regime: Current Legal Framework and Tax Incentives
The legal framework in force Since 2019, in an effort to attract in Greece tax residents (referred to as non-domiciled residents or non-dom)[1], specific tax initiatives have been incorporated into the Law 4172/2013, the Greek Income Tax Code (hereinafter referred…
Property tax reductions in 35 areas: Uniform Real Estate Property Tax (ENFIA) and other tax cuts
Tax reductions, including cuts to the Uniform Real Estate Property Tax (ENFIA) and 19 other taxes affecting property ownership and acquisition are expected in the first months of 2025 for 35 zones across 12 municipalities in Greece. The reductions will…
Foreign buyers in the Greek real estate market: key trends and preferred areas
Greece continues to draw significant interest from foreign investors, with three primary categories dominating the real estate market over the past decade. Residency-permit seekers A major segment of investors consists of those seeking residency permits through the Golden Visa program,…
REAL ESTATE PROPERTY PURCHASE IN GREECE
The real estate market is a growing business in Greece. The great climate conditions and the beautiful landscape makes the purchase of a property in Greece ideal, either for a short-term investment (re-selling the property exploiting the low prices at…
Jean Michel Hieronimus
GENERAL MANAGER TOTAL CHILE EX-GENERAL MANAGER TOTAL HELLAS S.A. “Notary public Ms. Christodoulou has been accompanying us since 2010 for all notarial deeds required for our operations in Greece (establishment of companies, competition through promotion activities, General Assemblies, legal actions).…
Τhe region of Greece that charms foreigners with its beauty and makes them buy houses there – No, it’s not an island
Τhe region of Greece that charms foreigners with its beauty and makes them buy houses there – No, it’s not an island[1] There are so many destinations in Greece that do not need to be on an island in order…
WAYS OF TRANSFERRING THE PARENT’S PROPERTY TO THEIR CHILDREN
A parent who wishes to transfer their property to their heirs (i.e. to their children) may do so in the following ways:[1] Α. Parental benefit Content of parental benefit: A parental benefit is a contract between a parent and…
Off… plan the construction outside the city plan
Recent floods in Thessaly, along with the successive decisions of the Council of State, appear to have permanently eliminated the government’s ability to enact legislative provisions regarding permissible construction outside the city plan. Nevertheless, in recent times, strong rumors have…
The Greek real estate market is an investment “Eldorado” for foreigners
It combines low prices compared to what is happening abroad and the possibility of future capital gains For Greek standards, the purchase of a new house is becoming increasingly difficult, due to the rise in prices and the increase in…