It is that cheerful time of the year again – tax season. The deadline for residents abroad filing taxes is currently 30 June 2016 but as usual, it may be extended last minute.
Guidelines by the Greek government have been announced and not much has changed for those residing abroad.
The two key points to keep in mind are:
If you do not receive income from Greek sources, such as rental, pensions or interest from bank accounts, for example, you are NOT REQUIRED to submit income tax files for the year 2015.
You are not required to submit official documentation as proof of residency from the country you live if you are required to submit income tax files. For example, US citizens are no longer required to submit the ‘6166 Certificate’ issued by the IRS.
What’s changed in Capital Controls?
The limit of withdrawing €420 per week and transferring €1,000 abroad still stands. These restrictions also apply when using your Greek ATM card anywhere abroad. The good news is that there have been some changes in opening new savings accounts. If you are an existing customer in a bank and therefore already have a customer ID, you can now open a separate new account. To give you an example, if you have a joint account with other persons, you can now open a separate account with only your name on it.
About ENFIA:
If there have not been any changes regarding your real property, you simply pay the ENFIA property tax when issued. If there have been changes that have not been declared, such as legalising illegal area (Law No. 4178/13 for example), then you must correct your E9 property declaration form.
* Katerina Sirouni is an architect engineer and property inspector, a member of The Technical Chamber of Greece, The Association of Architects in Greece and The Energy Inspectorate in Greece. For more information go to www.ksirouni.com