Greece Guide: Money
Our money guide provides information on bank accounts, credit and debit cards and money transfers. If you need to open a bank account, we will explain how to do it - step by step.-
Banks Where to manage your finances
Greece generally has good banking facilities, which have improved considerably in recent years, although you may find Greek banks frustratingly slow and inefficient compared with their European counterparts. more » -
Accounts How to open a bank account in Greece
You can open a bank account in Greece whether you’re a resident or a non-resident. more » -
Cards & Traveller's cheques How to use them
An instant method of obtaining cash in Greece is to use a debit, credit or charge card from an automatic teller machine (ATM). more » -
Cost of Living What is the cost of living in Greece?
It’s virtually impossible to calculate an average cost of living in Greece, as it depends on each individual’s circumstances and lifestyle. more » -
Importing & Transferring Money How to receive and transfer money
Exchange controls in Greece were abolished on 1st January 1990 and there are no restrictions on the import or export of funds. more » -
Offshore Banking Putting your money in a tax haven
If you have a sum of money to invest or wish to protect your inheritance from the tax man, it may be worthwhile looking into the accounts and services (such as pensions and trusts) provided by offshore banking centres in tax havens such as the Channel Islands (Guernsey and Jersey), Gibraltar and the Isle of Man (some 50 locations world-wide are officially classified as tax havens). more » -
Income tax An introduction to Greece's income tax
Greek income tax ( foros issodimatos) is near the EU average, particularly for large families. more » -
Income Tax Liability Who is liable to pay income tax?
Your liability for Greek income tax (and certain other taxes) depends on where you’re domiciled. more » -
Taxable Income & Allowances What part of my income is taxable?
Income tax is payable on both earned and unearned income. more » -
Income Tax Rates Calculating your income tax
The tax year in Greece is the same as the calendar year, i.e. 1st January to 31st December. more » -
Income Tax Returns Filing and payment
Tax returns must be filed by 1st March for the previous tax year, e.g. the return filed in March 2005 is for the year 2004. more »