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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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Non dom in Greece

Non dom in Greece and tax transfer benefits in the framework of the recovery of the Greek economy and the competitiveness among countries in a globalized environment, the Greek State has introduced a new tool in its tax arsenal aimed at attracting foreign capital to Greece by creating a favorable tax environment for those who wish to invest in Greece and establish it as the center of their economic activities. This measure targets high-net-worth individuals and aims to increase public revenue, bring capital into Greece through the creation of investment units or participation in investment schemes or companies, create new jobs,...

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Greek Inheritance law

Greek Inheritance law Navigating Greek inheritance law Wills, Succession, and Probate Law requires a deep understanding of complex legal frameworks and detailed procedures, especially when it comes to the rights of heirs, the validation of wills, and asset distribution. Economou & Economou Law office in Athens Greece, stands out as a preeminent choice in this field, recognized by Lawzana as the Best Inheritance Law Office in Greece with over 100 years of experience, this highly respected Athens-based law office has consistently delivered expert, thorough, and compassionate legal services to clients dealing with Greek inheritance issues. From the stipulation of wills to...

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In-Flagrante crime in Greece

In-Flagrante crime in Greece in-flagrante crime in Greece is a key term in criminal procedure, referring to an offense committed openly or witnessed while in progress. According to Article 242 of the Code of Criminal Procedure, an in-flagrante delicto crime is one where the offender is caught in the act or immediately after committing the offense. This classification aims to promptly activate criminal procedures for the offender’s arrest and detention before they have a chance to escape or cover up the crime. For a crime to be considered in-flagrante crime in Greece, the offender must be apprehended either during the commission of...

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arrest for drug possession

arrest for drug possession and the use of addictive substances in Greece is common, especially for small quantities intended for personal use. This article examines the country’s legal framework and the penalties imposed in cases involving narcotics and arrest for drug possession and use. Legislation on Narcotic Substances The primary legislation regulating the use and possession of addictive substances in Greece is Law 4139/2013, which replaced the earlier Law 3459/2006. This law, along with its amendments, remains in effect. According to Article 1 of Law 4139/2013, “narcotics” are defined as substances that affect the central nervous system and cause mood changes, as...

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Greece’s Gambling Law

Greece’s Gambling Law and gaming law Regulation Framework in Greece Greece’s gambling market continues to expand, driven by the population’s increasing interest in various gaming options, international operators are keenly eyeing this lucrative sector. This projected growth rate positions Greece’s market to outperform all other EU nations over the next five years, making it a highly attractive destination for gaming ventures. At the forefront of Greece’s gambling law expertise, Economou & Economou stands as the go-to law office for navigating this evolving landscape. The firm’s in-depth knowledge of the regulatory framework and robust guidance for operators seeking a Greek gaming license underscore...

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Transfer your UK pension to Greece

UK Pension transfer to Greece - Economou & Economou the best pension law office in Athens Greece

Do you have a UK pension? Make use of your chance and transfer your UK pension to GreeceIf you have contributed to an occupational or private UK pension, you could transfer the UK pension to Greece almost tax free with a flat tax of 7%, enjoying your life in residing in Greece under the Greek always shining sun, being a shield against corona viruses and blue Greek seas, leading to Healthy body, Healthy mind, either in the islands or in the Greek main land. Figuring out pension-related matters across borders can be a bit tricky, but I can offer some general...

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Resident investment permit in Greece to foreign subjects, owing real estate in Greece

Resident investment permit in Greece - Economou & Economou best golden visa law office in Athens Greece

How to obtain resident investment permit in Greece? If you dream of classical Greece! , make your dream come true by buying and living in your own house in modern Greece either in its over 3000 islands or in its mainland…..Greece, who nowadays, celebrates over the 200 years anniversary of its independence, is still teaching the world how working slaves could become free enjoying their freedom, under the generous ever shinning sun of eternal Greece. Allow us to investigate with you dear Greek friends, either EE, citizens or non in simple steps what you would need: Step number one : Tracing the real estate in...

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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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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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