News
News
TAX INTERVENTIONS TO STRENGTHEN THE DEVELOPMENT PROCESS
Alternative taxation of income of natural entities, beneficiaries of income arising from pensioners arising abroad, who transfer their tax residence in Greece 1. Natural entity, pensioner, arising abroad, who transfers its tax residence in Greece, may be subject to an alternative form of taxation, provided, cumulatively, that: a) was not a tax resident of Greece […]
THE “NON-DOM” REGIME IN THE GREEK TAX LAW 4646/2019
According to the Income Tax Code, as amended by Law 4646/2019, “High Net Worth Individuals” (HNWI) are provided with significant incentives for the transfer of tax The alternative tax regime (non-dom) dictates that the investor will pay a fixed tax of one hundred thousand (100,000) euros / per tax year, regardless of the total income […]
DOMESTIC VIOLENCE and COVID-19
Violence amidst partners, spouses, or coming from either parents towards their children, or children towards elderly or disabled parents of theirs, is not only morally repulsive and blamable, but also legally forbidden. What does that include? The existence of a complete legal protection framework for victims of domestic violence, to which later can resort in […]
Golden Visa News
The Ministry of Immigration and Asylum of Greece has issued the Decision 12889/2020 regarding the extension of permanent residences’ and temporary residenence permits’ (blue paper) validity, due to the lockdown, after COVID-19 outbreak. More specifically, according to the Decision, residece permits issued for investment purposes (Golden Visa) that expired between the 11th of February 2020 […]
New Guidelines For Employment Contracts
On the 31st of March 2020, the Greek Ministers of Labour and Finance have issued new guidelines regarding the implementation of support measures to businesses that have been impacted by the coronavirus outbreak. More specifically the newly issued Ministerial Decision determines the following: 1. Suspension of Employment Contracts Employers of affected businesses may suspend employment […]
Whether the spread of coronavirus can be perceived as a reason of force majeure
Whether the spread of coronavirus can be perceived as a reason of force majeure, preventing or postponing fulfilment of contractual obligations, is interpreted according to specific – each time – circumstances. Regarding the ability to recognize existence of force majeure, no dispute thereupon, since it has already been clarified that the concept itself presupposes that, […]
Have you heard about the EU Blue Card?
With Article 22 of the Law 4071/2012, Greek legislation has harmonized in the national legal system the Directive 2009/50 of the European Council, in relation with the requirements of legal entry and residence of non EU citizens for working and educational reasons, the so called acquisition of EU BLUE CARD. EU BLUE CARD in a […]
New Changes to Immigration Law – Now you can purchase your Golden Property with POS
On the 30 of October, the Greek Parliament has voted and passed a new law where the means of payment for those who want to purchase a property in Greece in order to acquire the Permanent Residence have been changed and expanded. According to Law 4635/2019 article 226, the accepted and legal means of payment […]
4,154 Golden Visas
Greece has issued a total of 4,154 Golden Visas to foreign investors from the program’s inception in 2013 through the end of March this year, according to the latest Greek government data. Last year, Greece issued 1,399 Golden Visas to foreign investors, up from 961 in 2017. https://www.enterprisegreece.gov.gr/images/public/newsletters/APR19.pdf […]
