Greece Legislation

 

Required Documents

For Real Estate Purchase

Valid International Passport

Valid Entry Visa to Greece

To Open Bank Account

Valid International Passport

Valid Entry Visa to Greece

Proof of Permanent Residence 

Letter of Employment 

Copy of Tax Return

 

Expanses on real Estate Purchase

3.06% tax on real estate purchase

1.5% lawyer’s fee

1.5% - 2% notary fee

2% real estate agent fee

* Fees may vary based on property location and actual price

Taxes

3.06% Real Estate Transfer Tax

Rental Income Tax

. 15% tax on up to € 12.000 yearly income

. 35% tax on  € 12.000 to € 35.000 yearly income 

. 45% tax on € 35.000 and more yearly income

15% capital gain tax within 5 year period

Real estate property tax applies

Local fees may apply

Golden Visa

Advantages

Visa free travel to all
Schengen area

Citizenship after 7 years
of residency

Issued to all family members:
spouse, children and parents

The double taxation treaty

No need to stay in Greece
to maintain the residency rights

Requirements 

Purshase Real Estate € 500.000 +

To be a non-EU/EEA country citizen

To be at least 18 years of age

Have a clean criminal record

Have medical insurance

 
For more information feel free to email or call us.