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On Monday, the 28th of June, 2021 a joint press release by the Ministry of Finance and the Ministry of Digital Government announced the launch of the digital platform (Value Map), a platform dedicated to mapping and calculating the objective value for Greek real estate per zone.

The tool is to facilitate allocating the property in question, the zone of the property and...

​Biosecurity measures and travel restrictions are in place to help prevent the spread of COVID-19, affecting the operation of public and private organisations in the European Union and around the world.

Varnavas Law Firm makes every reasonable effort to provide accurate advice.

However, please note that any advice or information on travelling, timeframes, required...

Every Investor in the Greek real estate market, who has concluded a real estate purchase must proceed with a property registration process according to Greek law. At this stage, as a property owner, an investor will be asked to pay a certain amount, as follows:

A) A percentage of approximately 0,475% of the property value (when registering with a Land Registry).

B) A...

The Greek Minister of Tourism, Minister Harry Theocharis stated in the Greek parliament on April 6th, “We will open on May 14, and we will open safely". Greece has operated better than any other country in Europe in its response to the pandemic and to boost the tourism sector, yet maintain the general safety of the population. The government has implemented five lines of...

A year ago, humanity embarked on an unknown journey. In March 2020, the World Health Organization (WHO) announced the COVID-19 pandemic. Increasingly, we looked inwards for the safety of our loved ones and the stability of our communities.

The toll of the pandemic reached our economies and lifestyles, where the International Monetary Fund (IMF) estimated that the majority of...

The first step of every property transaction in Greece is the submission of the relevant tax declaration before the signing of the contracts. From now on, this process can be concluded totally online.

The online "myProperty" platform for the submission of property transaction documents has already opened and its usage will be mandatory from June 1, 2021.

The process...

The Greek Ministry of Immigration finally adopted, in December 2020, an Opinion issued by the Greek State Legal Council, stating that minors can invest and be considered as the main applicants for the purposes of the Golden Visa Process. Namely, it is now possible for minors to purchase real estate or open a term-deposit bank account in Greece and apply for a Golden Visa as a main...

Today is a big day for the Greek Golden Visa. Following an amendment of the Golden Visa Law, enacted on the 23/12/2020, for the first time an investor can apply for a Golden Visa completely remotely, without having to visit Greece. At the same time, it is possible to receive by courier services the "blue certificate", which is equal to a temporary residence permit.

This...

According to the Ministry of Finance, this year’s notifications for the payment of the Annual Property tax will be available to all property owners through their personal online Tax Platform (TAXISnet) on Friday the 25th of September.

As specified by the Greek Law 4223/2013, anyone, that has...

Following the actor Tom Hanks and his wife, actress and producer Rita Wilson, who received the honorary Greek citizenship last year, another prominent figure in the literary field, received this honorary distinction a few days ago. The British writer Victoria Hislop was officially granted the honorary Greek citizenship directly from the...

Back in the summer of 2013, the Greek Government has officially launched the residence-by-investment program which is broadly known as the Greek Golden Visa. During the first six years of the program’s operation, there was just one investment option available and that was the purchase of property or properties with a minimum...

Our Partner Alexander Varnavas has recently shared his thoughts about the Greek Golden Visa during the times of the pandemic with the Japanese Nikkei Asian Review.

Please read the full article here: https://asia.nikkei.com/Spotlight/Asia-Insight/Silk-Road-Redux-Greece-courts-China-money-in-crisis-revival-bid

The anticipated bill that invites foreign retirees to become tax residents of Greece by paying a very low annual tax at a rate of only 7% for the total income earned abroad, has been voted by the Greek Parliament a few days ago.

According to the bill 4714/2020, any natural person who is entitled to a pension from a foreign country...

It is a fact that Europe has recently readopted stricter travelling measures to prevent the spread of the COVID-19 and Greece has also complied with Europe’s guidelines. That makes it difficult, if not impossible,...

The Greek Ministry of Finance plans to submit a new tax bill to the Parliament which will give a very strong tax incentive to foreign retirees to settle permanently in Greece and furthermore transfer here their tax residence.

According to the recent information, the provision that...

Since last April, the IMC (Investment Migration Council) has introduced a series of streaming webinars known as the “Crossing Borders programme”, hosting professionals related to the Immigration Industry for all of the community members to be keep in touch and stay informed about key issues during the challenging...

According to Article 16 paragraph G.1. of Law 4251/2014, in force as of July 1st of 2019 (according to Law 4605/2019) foreign non-EU citizens are eligible to acquire permanent residence permits in Greece through investment activity. That investment includes term-deposits, purchase of bonds or securities and other financial products.

In the frames of the recent hosting of Varnavas Law Firm 1978 in the renowned online directory of The LEGAL 500, the firm's Partner, Alexander Varnavas, gave an in-depth interview, analyzing the main elements that make VLF stand out, especially in the field of Investment Immigration and Real Estate Law.

More specifically,...

It is with great pleasure and pride that we announce the inclusion of our office in one of the most well-known and prestigious online directories of legal services, "The Legal 500".

For the last 33 years, "The Legal 500" has been ranking the best law firms and leading legal practitioners of the global...