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TIN in Greece: The Initial Step in Buying Real Estate and Engaging in Economic Activity

If you are considering buying property or opening a bank account in Greece, the first and most important step is obtaining a Tax Identification Number (Greek AFM). The tax identification number is needed for all communications with the Greek government. No financial or legal activity may be finished without it. But what is the TIN…

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Top 5 Reasons to Invest in Real Estate in Thessaloniki Right Now

Thessaloniki, Greece’s second-largest city, blends rich history, cultural diversity, seaside charm, and dynamic development. It’s becoming increasingly attractive to real estate investors — and here’s why now is the perfect time to invest: 1. Tourism on the Rise Thessaloniki is booming as a year-round destination thanks to its cuisine, architecture, festivals, and proximity to Halkidiki. Short-term rentals (e.g.,…

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Golden Visa – The Gate to the European Union through the Real Estate Market

Greece has been one of the most alluring locations in recent years for investors looking to obtain a residence visa to live and travel in Europe. Under the Golden Visa program, introduced in 2013, third-country nationals can acquire a five-year renewable residency visa through real estate investment. However, what are the benefits of Golden Visa?…

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The Impact of the Program “Spiti Mou 2” on Real Estate Prices in Thessaloniki

The government’s “SPITI MOU 2” policy has been a significant turning point in the Greek real estate market, especially in major cities like Thessaloniki. The initiative, which the Ministry of National Economy and Finance started, offers advantageous financing terms to assist young people in purchasing their first property. However, the program has brought about significant…

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