Greece eases import rules for relocating residents, waiving customs duties and VAT

Greece's tax authority (AADE) has issued new regulations for those planning to relocate to Greece or return to the country. The key provision allows relocating residents to import household goods and vehicles with substantial tax relief—eliminating customs duties and VAT.

The exemptions apply to both Greek nationals returning from abroad and foreign nationals granted permanent residence status. The critical requirement is that the relocation must be genuinely permanent rather than temporary. AADE has clarified which individuals qualify for these benefits and what documentation is required.

For investors and those considering purchasing property in Greece, this represents welcome news: relocation costs are set to fall. Prospective movers should consult with tax authorities before relocating to ensure proper compliance with all requirements.

Source: GreekCityTimes Real Estate