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Mortgage process and requirements to buy a house in Greece.Terms and Interest Rates.

Mortgage process and requirements to buy a house in Greece - Economou & Economou law office the best real estate lawyers in Athens Greece econlaw@live.com (+30)

If you intend to purchase a home in Greece, you have undoubtedly given some thought to how you would pay for it. A mortgage could be a common option, depending on your country of origin. It's not a simple task for a non-resident to obtain a mortgage in Greece, but it's helpful to know how the procedure operates.We shall outline the overall procedure for obtaining a mortgage in Greece; however, each bank's procedure may vary and be subject to annual changes. Mortgage rates in Greece typically range from 3.0% to 6.5%, depending on the bank (December 2023), and the terms...

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What happens when the inherited property of a foreign national is located in Greece?

Inherited property foreign in Greece - Economou & Economou law office the best inheritance lawyers in Athens Greece econlaw@live.com (+30) 2103603824

When a foreign national passes away and bequeaths a property to their foreign heirs, and Inherited property of the foreign is located in Greece, we refer to the provisions of the Greek Civil Code, which includes regulations on private international law. According to Article 28 of the Civil Code, inheritance matters are governed by the law of the nationality that the deceased held at the time of death. This provision indicates that the substantive law of the deceased's nationality at the time of death governs both testamentary (by will) and intestate (without a will) succession, as well as compulsory succession....

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How to find out if there is a will in Greece

Last will in Greece - Economou & Economou best Inheritance lawyers in Athens Greece

Inheritance law last will in Greece In Greece, there is no central register of wills. This means that searching for a will can be difficult and time-consuming. However, there are some steps you can take to increase your chances of finding a will. Ask the testator's relatives: Your first move should be to contact the testator's relatives. They may know if the testator had made a will and, if so, where it is located. Contact the testator's notary public: If the testator had made a will with a notary, the notary should keep a copy of the will in his or her office....

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Exemption from Military service in Greece

Excemption from military service - Economou & Economou law office the best military lawyers in Athens Greece econlaw@live.com (+30) 2103603824

Exemption from Military service in Greece and Postponement of Military Service for Distinguished Scientists Holding a PhD Engaged in Scientific Works or Research Legal Framework Article 19 of Law 3421/05 "Conscription of Greeks and other provisions" (Government Gazette 302 A) as currently in force.Decision by the Deputy Minister of National Defense F.429.1/5/150045/S.11/4-1-2006 "Regulation of certain conscription matters" (Government Gazette 34B). Prerequisites The applicant must be legally outside the armed forces. Must hold a doctoral degree. Must excel in scientific works or research. The postponement cannot exceed December 31st of the year in which the applicant turns 33 years old. For the calculation of age, the applicant's...

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Court for drunk driving?

Court for drunk driving - Economou & Economou law office the best traffic lawyers in Athens Greece econlaw@live.com (+30) 2103603824

Drink driving is a serious offence that can have tragic consequences for both the driver of the vehicle and the citizens on the roads, and also leads to significant legal penalties for offenders if found guilty of drink driving by referral to court for drunk driving. It is therefore very important to understand what the law on court for drunk driving, the penalties and fines provided, so that one can understand the limits set by the law, assess the potential risks and also obtain appropriate professional legal assistance when required. What are the drink-driving limits, fines and penalties set out in the...

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Legal services for Digital Nomads Visa in Greece

Digital Nomads Visa in Greece - Economou & Economou law office the best golden visa lawyers in Athens Greece econlaw@live.com (+30) 2103603824

Digital Nomads in Athens: A Guide to Digital Nomads Visa Application Procedures If you’re a digital nomad planning to visit Greece, the first step is to understand the digital nomads visa application procedure. Depending on your nationality and the purpose of your visit, you may require a visa to enter Greece. The types of visa available include: Reasons to become a digital nomad in Greece Greece is one of the countries with the best climate of the world, with over 300 sunshine days a year Being surrounded by like-minded people who value work-life balance and wellbeing Low cost of living for accommodation, transport, eating out...

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How much does it cost to purchase a house in Greece?

House Purchasing in Greece - Economou & Economou law office the best real estate lawyers in Athens Greece econlaw@live.com (+30) 2103603824

House Purchasing in Greece The more knowledge a buyer has regarding purchasing a house in Greece, the better. Here at Economou & Economou Law Office, we've provided a clear, concise breakdown of the expenses related to obtaining your ideal home. The top real estate attorneys in Greece at the Economou & Economou law office in Athens are available to assist with procedure management and to walk you through each step of the way. Check out what people are saying about our top-notch services. Generally speaking, fixed buying costs for investors are 5.6% of the purchase price; however, this percentage may go up...

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Sexual harassment of a female employee: Application of Greek Law 3896/2010

Sexual Harassment - Economou & Economou law office the best criminal defence lawyers in Athens Greece econlaw@live.com (+30) 2103603824

Sexual Harassment of a Female Employee in Greece: Application of Law 3896/2010 Unwanted verbal and physical conduct of a sexual nature, resulting in an infringement of the personality of a female employee, exploiting the employment relationship and the position of the defendant as the employer. The Single-Member Court of Appeal of Piraeus dismissed an appeal against a decision which awarded monetary compensation to an employee due to sexual harassment in the workplace. Specifically, by affirming the first instance judgment, the court held that the actions of the defendant, as detailed in the decision, constituted sexual harassment of the employee, as they involved...

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Why is Greece considered to have one of the most liberal legislation for fertility treatments and medical assisted reproduction in Europe?

Medical assisted reproduction in Greece - Economou & Economou law office the best medical lawyers in Athens Greece econlaw@live.com (+30) 2103603824

Medical assisted reproduction is considered one of the greatest medical achievements of the 20th century. Today, more than 3 million children have been born through IVF worldwide, while in 16 European countries, infants born by assisted reproduction come to 3.9% of all live-births. In Greece, we see that since 2005, approximately 50 reproductive clinics have been registered and are currently operating, a number greater than other European countries with the same population. Medical assisted reproduction made its substantial appearance in 1978 when the first child was born in Great Britain through IVF. Since then, continuous medical innovation and progress has provided...

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EU AI Act: first regulation on artificial intelligence

The EU just passed sweeping new rules to regulate AI. The European Union agreed on terms of the AI Act, a major new set of rules that will govern the building and use of AI and have major implications for Google, OpenAI, ChatGPT, and other racing to develop AI systems. The 36-hour negotiation marathon that resulted in the finalization of the European Union's comprehensive AI regulations comes with a catch: until the regulations take effect in 2025, the EU will remain in a legal vacuum. Why this matters Much like it did with digital privacy laws, the EU is once again...

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