Greece is on its first attempt to offer tax motives in order to attract foreign direct investments. More specifically, the first provision in force is included in article 5a L.4172/2013, as implicated and analyzed in circular decision A.1036/2020. According to the above legislation, the investor who invests on his own or through a relative an…

In the context of reshaping the tax legislation in Greece towards the attraction of foreign capitals, a new tax provision regarding foreign pensioners has been introduced for individuals who wish to decrease their taxation. More specifically, Greece is asking for interested individuals to deposit a yearly tax up to 7% to our country, for incomes…

A two-year extension for construction in properties which are located outside of city plan and have a surface of below two acres was granted by the new polynomial plan which was submitted by the Ministry of Environment and more specifically it regards fields: Of 750 sq.m., with minimum “façade” of 10m. and minimum depth of…

The popular company Destiny Investment is scheduling an investment plan of 25 million euro. The said company became known a few years ago due to property purchase and sale contracts towards Chinese citizens via POS devices, a case which was filed. Destiny Investment, having completed numerous projects and maintaining a real estate portfolio of approximately…

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