Expat Community > Greece

2Tonsils
Joined 2012
Posts: 1

Greek tax man and ex pats

14 years ago

Many ex pats living here in Greece are getting a letter telling them to go to the tax office and declare all savings, current accounts and money held in the UK in order that they can be taxed on them. Since the money in the UK is already taxed, as is the interest, this is double taxation. Last year we were asked to provide all receipts for money we had spent in Greece down to the last euro. Then some people were asked to transfer up to 12,000 euros a year into a Greek bank account to 'prove' they could afford the property they own in Greece. What on earth is going on? I can understand how they can ask you to prove your income from outside the country...but do these other rules seem right to you?

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SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More