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Financials
How much does it cost to buy a property in Greece? How much does it cost to maintain
a property in Greece? How can you finance the property? What about employment,
claiming your pension in Greece, or finding other sources of income? And what is the
biggest financial mistake that Greek property buyers make? Find answers here…
Claiming your pension in Greece
24th November 2011 - 06:06Going to live abroad is a major decision to take, especially if you are going to be claiming your pension there. You have no doubt worked hard for many years and you need to make sure before you leave the UK that all will go well with your monthly pension payments. It makes sense to do your homework in advance to help you plan and make sure the move runs smoothly. Before you go, you should be clear about your financial situation, preferably with the help of an Independent more...
Tax planning for a move to Greece
13th October 2011 - 07:29Taxation can be an extremely complex thing and the sooner you have all your ducks in a row regarding this rather complex issue, the better. This will affect you both in terms of your money in the UK and any monies that you may have or earn in Greece. You should bear in mind when you move to Greece that you need to make arrangements about taxation before you move. The best case scenario would be to consult a reputable taxation expert in the UK before you go abroad and also to more...
The Cost of Living in Greece
31st August 2011 - 03:59In the past, when I have written articles on this subject, I would provide figures – indeed as I travelled through Greece on my last trip I religiously popped in to shop after shop and jotted prices down. So here I have for instance: Bread – a loaf €1 Tomatoes per kilo €1.08 Onions per kilo €1.03 Potatoes per kilo €1.19 Milk 2 litres €2.64 Butter 250 grams €3.03 Colgate toothpaste 75 mg more...
Financing a property in Greece
21st July 2011 - 04:24Sorting out the financial aspect of your new property abroad can be quite a daunting task, as Ken and Sarah Smith found. Over the years Ken and Sarah have been to just about all the Greek islands. They spent numerous holidays there and had always liked Greece and the Greek people. However, it was while holidaying at a neighbour’s home on Kefalonia that it occurred to them to actually build their own home on the lovely island. “I had retired, and we more...
Using a currency company to pay for your property in Greece
8th June 2011 - 07:06When buying property in Greece, many people are given the price of the property on the day and immediately convert it from euros into sterling. They then pay their deposit and await the final payment. But what they don’t take into account is that the exchange rate may well change in the time it takes to make this final payment – and often not in their favour. So what is the solution? Well, that’s where a currency company comes in. There are distinct more...