Non-resident heirs have exactly one year to renounce an inheritance if the estate includes debts. Greek "Forced Heirship" laws prevent immediate family members from being entirely disinherited, even if a...
Mandatory Initial Session (MAS): Under Greek Law 4640/2019, most commercial disputes with a value exceeding €30,000 must undergo a mandatory initial mediation session before proceeding to court. Enforceability: A mediation...
Three-Year Minimum Protection: All commercial leases in Greece are legally protected for a minimum of three years, regardless of what the written contract states. Stamp Duty vs. VAT: Commercial rentals...
Digital Compliance: The Digital Work Card (Ergani II) is now mandatory for most Greek sectors, requiring real-time reporting of working hours to avoid heavy fines. Probationary Limits: New legislation has...
The Out-of-Court Workout (OCW) is a purely digital process conducted through a specialized platform to settle debts with banks, the State, and social security funds. Successful applications grant a 90-day...
The Out-of-Court Workout (OCW) is a digital platform designed to restructure debts exceeding €10,000 owed to the Greek State, social security funds, and financial institutions. Eligible businesses can secure up...
All legal entities registered in Greece must identify and register their Ultimate Beneficial Owners (UBOs) in the Central Register of Beneficial Owners (K.M.P.O.). A Beneficial Owner is defined as any...
Foreign investors must obtain a Greek Tax Identification Number (AFM) before any financial transaction or property reservation can occur. Mandatory legal due diligence requires a minimum 20-year title history check...
The Golden Visa investment threshold in high-demand areas like Athens, Thessaloniki, Mykonos, and Santorini is €800,000 as of 2026. Digital Nomad Visa holders can benefit from a 50% income tax...
The EU Succession Regulation (Brussels IV) allows foreign nationals to bypass Greek forced heirship by electing to apply the inheritance laws of their home country. Greek forced heirship ( nomimi...
Greece recently updated its Golden Visa requirements, raising the minimum real estate investment to €800,000 in prime areas and €400,000 in remaining regions for 2024 through 2026. Establishing a Greek...
Law 4864/2021 governs the "Fast Track" process, providing legal certainty and expedited licensing for large-scale projects in Greece. Strategic investments can benefit from a 12-year tax stability guarantee, protecting the...
Dual-Tier Thresholds: As of 2026, the minimum investment is €800,000 in high-demand areas (Athens, Thessaloniki, Mykonos, Santorini) and €400,000 in the rest of Greece. Surface Area Requirements: To qualify for...
You have exactly 30 days from the date of your official rejection notice to file an administrative appeal, known in Greece as a "Therapeia." Most rejections stem from incomplete financial...
Greece Golden Visa Property Purchases: Dispute Prevention Guide The Greek Golden Visa investment thresholds recently increased, requiring an €800,000 minimum in premium areas like Athens and Thessaloniki, and €400,000 in...
A Greek Tax Registration Number (AFM) and a local bank account are mandatory before buying property. Closing costs add 8% to 10% to the purchase price for taxes, notary fees,...
Three-year guarantee: Primary residential leases in Greece are valid for at least three years, regardless of the contract duration. 15-day deadline: If served with an eviction order, you have exactly...
Greece calculates property taxes based on a government-determined "objective value" rather than the open market price of the real estate. You cannot take a property tax dispute straight to a...
Greek Law 4640/2019 requires property investors to attend a mandatory initial mediation session before filing a civil lawsuit for most real estate disputes. Out-of-court mediation usually resolves property disputes in...
Under Greek Law 4640/2019, an initial mediation session is a mandatory prerequisite for many family law disputes before a lawsuit can proceed in court. The Hague Convention provides a rapid,...