- New Property Tax in Greece – UPDATE
We have been informed that the proprerty tax rate for Skopelos is 3 euro per square metre. Anyone who pays electric and has a Greek tax number will have to pay. However, the electric company have complained that they will effectively be unpaid tax collectors and are talking about boycotting it as there will be a lot of administration work for them to do. Incidentally, Volos is rated at 6 euro and Thessaloniki at 9 euro per square metre.
The new property tax in Greece will range from €0.50 cents to €20.00 and taxes each square metre of homes according to the age of the building (the older the building, the less tax pecentage), tax value and average house prices of the neighbourhood. This new tax will be in effect for a period of three years and will be collected in instalments through electricity bills. Those who will not pay or cannot pay will have their electricity cut off. It wil start from October 2011.
All property owners in Greece are required to pay this new tax whether you live in Greece or not.
Further updates to follow…
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