Services & Practice Areas
Inheritance law in Greece
The area of inheritance law is one of the most significant and complex areas. When someone passes away, many issues are raised concerning his belongings (property, money, assets) and the living relatives who live abroad are obliged to undertake all the necessary legal proceedures...Learn More
Parental Benefit in Greece
In order to transfer your property to your children, an official contract signed by a notary is required. The tax scale is as follows and refers to the value of property transferred from each parent to each child...Learn More
Land Register in Greece
Every property in Greece is entered in the Greek Land Register. Every Land Registry Office has jurisdiction for specific municipalities. The law introducing “Ktimatologio” switched the previous name-based registers to a property-based Land Registry system...Learn More
Forest Maps in Greece
A very significant project has been completed concerning the forest maps, according to Law 4389/2016. The development of Forest Maps involves the delineation and recording of forests and forestlands...Learn More
Donation in Greece
In order to donate your property, an official contract signed by a notary is required. The beneficiaries of the donated property are classified into three (3) categories...Learn More
Real Estate in Greece
The real estate market in Greece is in a large formative phase due to the continually decreasing prices and the increasing buying interest, in particular by foreign investors...Learn More
Financial Services in Greece
A very confusing area when it comes to your affairs in Greece is your fiscal obligations. Tax laws change often and someone must protect your interests when you live abroad...Learn More
Translation and Certification Services
We undertake the task to officially translate papers for use in Greece under Greek Law, made by the translations department of the Ministry of Foreign Affairs, Greek Embassies around the world or a Greek lawyer fluent in both languages...Learn More
A dies in Greece without leaving a will. His closest relatives are his wife B who also lives in Greece and his son C who lives abroad. The only property A had is a house with objective value 160.000 euros. So, B inherits ¼ and C takes ¾ of this house. Within 6 months after A’s death, B must submit the tax declaration. She will pay no taxes because the value of the inherited property is 40.000 euros (1/4). C must submit the tax declaration within one year after A’s death, since C lives abroad. He will also pay no taxes because the value of the inherited property is 120.000 euros (3/4).
A dies in the U.S.A. without leaving a will. He didn’t have family. His closest relatives are his brother B and his sister C who live in Greece. The only property he had is a house with objective value 60.000 euros and a field with objective value 10.000 euros. B and C inherit 50% of each of the above and within one year from A’s death (since he lived abroad) they must submit the tax declaration. The total value of the inherited property for each one of them is 35.000 euros. So, for the first 30.000 euros they will pay no tax because this amount is exempt from tax. And for the amount of 5.000 euros they will be taxed at 5%.
A dies in Greece without leaving a will. His closest relatives are his children B and C who live in Greece and have no family. The inherited property consists of a house with objective value 60.000 euros. So, B and C inherit 50% each one of this house. But A had loans with total amount remaining 90.000 euros. He also owed the Public Financial Services of Greece the amount of 6.000 euros. Since the debts are bigger than the value of the inherited property, B and C are advised to renounce the inheritance within one year after A’s death, at the Magistrates Court responsible for the area where A lived when he was alive.