Welcome to Greece, a land of rich history, stunning landscapes, and vibrant culture. If you're a digital nomad, expat, or location-independent worker looking to make Greece your home base, obtaining tax residency here is a crucial step. Follow this guide to understand the process and ensure you're compliant with Greek tax laws.
Determine Your Eligibility
Firstly, assess whether you are eligible for tax residency in Greece. According to Greek law, you can be considered a tax resident if you spend more than 183 days in Greece within a calendar year or if your permanent residence (home) is in Greece.
Gather Required Documentation
Compile all necessary documents to support your application. This typically includes a valid passport, proof of residence (rental agreement or property ownership documents), and evidence of your stay in Greece (utility bills, bank statements, etc.).
Register with the Local Tax Office
Visit the local tax office (D.O.Y. - Δημόσια Οικονομική Υπηρεσία) in the area where you reside. Submit your application for tax residency along with the gathered documents. You may be required to fill out specific forms such as the M1 and M7 forms for tax registration.
Obtain a Tax Identification Number (AFM)
Once your application is reviewed, you will be issued a Tax Identification Number (AFM). This number is essential for all tax-related activities in Greece. Ensure to keep it safe and accessible.
Open a Greek Bank Account
To facilitate your financial transactions, open a bank account in Greece. This step is often necessary for proving your financial ties to Greece and for the practical management of your finances.
Declare Your Worldwide Income
As a tax resident of Greece, you are required to declare your worldwide income. Ensure that you keep accurate records of all your earnings and submit your annual tax return to the Greek tax authorities.
Stay Updated on Compliance Requirements
Tax laws can change, so it is crucial to stay informed about any changes in the tax regulations that may affect your residency status or tax obligations in Greece.
Legal References
- Article 4 of the Greek Income Tax Code (Law 4172/2013)
- Article 3 of the Greek Tax Procedure Code (Law 4174/2013)
- Ministerial Circular POL 1201/2017
Useful Links
