If you’re thinking about buying a home in the Peloponnese whether as a summer house or a more permanent move, there’s one important step you’ll need to take early on: getting a Greek tax number (AFM).
It may sound complicated, but in reality it’s an essential requirement and a first step for anyone dealing with property or finances in Greece.
Why the Greek Tax Number (AFM) Is Important
Before you can move forward with a property purchase, the AFM is required for almost every formal step along the way. You’ll need it to:
- Buy or rent a property
- Open a Greek bank account
- Connect utilities like electricity and water to your property (whether you are renting or owning a property)
- Sign legal contracts
- Manage taxes related to property ownership or rental income
Without a Greek Tax Number (AFM), you won’t be able to complete a purchase.
Am I Allowed to Get an AFM in Greece?
The good news is that the Greek Tax Number (AFM) is available to almost anyone:
- EU citizens
- UK and US buyers
- Non-EU nationals
- Even minors or companies (with the right paperwork)
The process is similar for everyone, though non-EU buyers will need a few extra documents.
How the Process Works
Most foreign buyers follow a simple route by working with a local professional.
Step 1: Appoint a Representative
Typically, this is a Greek accountant or lawyer who handles the process on your behalf.
Step 2: Prepare Your Documents
You’ll usually need:
- Passport or national ID
- Proof of your home address (abroad is fine)
- A Greek address (this can be temporary, such as a rental or your lawyer’s office)
Non-EU applicants may also need: A signed authorisation (power of attorney) if not applying in person
Step 3: Submission to the Tax Office
Your representative submits everything to the local tax authority.
Step 4: Receive Your AFM
Once issued, your AFM is permanent and used for all future transactions in Greece.
Important to Know
Getting a Greek Tax Number (AFM) does not automatically give you the right to live in Greece long-term.
If you plan to stay beyond typical tourist limits, you’ll need to look into visas or residency options separately.
After You Get Your Greek Tax Number (AFM)
Once you have your number, a few basic obligations come with it:
- Filing a yearly tax return (usually handled by your accountant)
- Paying any applicable property-related taxes
- Keeping records of contracts and purchases
- Using your AFM in all official dealings
Common Pitfalls to Avoid
- Waiting too long to apply (it can delay your purchase)
- Trying to use someone else’s tax number
- Skipping professional help
- Not staying on top of basic tax requirements
Getting Help Locally
Most overseas buyers rely on a local accountant to handle the setup quickly and correctly. Many also work alongside lawyers or property advisors, especially when buying in regions like the Peloponnese where procedures can vary slightly by area.
If you’re serious about buying a home in the Peloponnese, getting your Greek Tax Number (AFM) is one of the first boxes to tick. Once that’s in place, the rest of the process: banking, contracts, utilities, becomes much more straightforward and manageable.
Explore Available Properties in Peloponnese & Get Expert Help
If you’re ready to take the next step, you can browse a curated selection of homes across the Peloponnese on Mediterra Premium. Whether you’re looking for a seaside villa, a renovation project, or a move-in ready home, there are options to suit different budgets and lifestyles.
If you have questions or want guidance through the process, from paperwork to property selection, feel free to get in touch. Getting local advice early can make all the difference and help you move forward with confidence.