Invest Aetos

5 units available on this building! Located in Near Smyrni 5km from the beach and 5km from the center of Athens. The perfect investment for an all year round vacation rental!

Each unit going for 2000€/sq.m Corner building with incredible views
Perfect location to commute to the historic sights and to the beautiful Athens Riviera!

Contact us at [email protected]

As of January 1st 2020 , the Greek parliament ratified law 4646 /2019 introducing changes in the Greek tax legislation. The change targets high net-worth individuals and incentivizes them to transfer their tax residency to Greece. The law dictates that the investor will pay a fixed tax of one hundred thousand (€100,000) in the tax year, irrespective of the total income earned abroad. This favourable regime can apply for a maximum time 15 fiscal years. Hight Net Worth Individual’s who choose to transfer their tax residence to Greece will enjoy the privileges of special tax treatment provided the following conditions are met:
• The taxpayer has not been a tax resident of Greece in the past seven out of the eight years prior to the transfer of their residence to Greece
• The taxpayer has to prove that either they or a relative have invested at least two hundred and fifty thousand (€250,000) in real estate seated in Greece.

( Please note: With the payment of this fixed tax, the individual bears no further tax obligation for income earned abroad and they are also exempted from inheritance or gift tax on properties located abroad.)

Multinational businesses and auditing firms that are active in Greece have been surprised by the interest being expressed and are focusing a large part of their activities on non domestic (Non-Dom) tax plan. Strong interest on the one hand and the gray areas in the law on the other, have led the government to expands the scope of the scheme by providing more incentives for more categories of foreigners seeking to move their tax residence. This could mark one of many initiatives on the way from the Greek government to help promote and grow the Non-Dom program.