A Greek Tax Number, also know as an“AFM,” is a nine-digit TIN number which is mandatory for all people who want to buy real estate in Greece, regardless of nationality.
What is an AFM Useful For?
An AFM is necessary for purchasing a property in Greece. An AFM is also needed if you plan to get a Greek residency permit, to file taxes in Greece, to secure a rental contract, and to open a bank account.
Like tax ID numbers in many other countries, an AFM is unique to you, and you keep it your whole life.
How Do I Get a Greek Tax Number?
It is common in Greece to hire an accountant or lawyer when applying for an AFM. If you have given an Elxis lawyer power of attorney, we can apply for the tax number on your behalf through our network of verified accountants. In this case, you provide us the necessary documents, and we update you when the process is complete.
What is a Power of Attorney?
The Power of Attorney (POA) is a key step in the process of buying a house in Greece. With a POA, your lawyer can also represent you throughout the entire purchase process and take any necessary actions on your behalf, even when you’re not in Greece. For example, with a POA, a Greek lawyer can apply for a Greek Tax Number and sign the final purchase contract on your behalf.
Can I Get a Greek Tax Number Myself?
It is technically possible to get an AFM yourself. However, the process is much simpler and quicker if done through a lawyer or accountant, who can perform the process for you digitally, once you provide power of attorney. Most of the process happens in Greek, so working with a Greek lawyer or accountant can save you a lot of time spent in translations.
How Much Does it Cost to Get a Greek Tax Number?
A tax number is issued free of charge by the tax authorities on the presentation of a valid identity document and after completing a special application form. If you choose to hire an accountant or lawyer to represent you, there will likely be a cost associated with opening an AFM. All costs of buying and selling a home in Greece can be found here.
What Documents Do I Need to Open an AFM?
- Copy of your passport or ID
- Father’s name and surname
- Mother’s name and surname
- Full home address abroad (outside Greece)
- Temporary address in Greece (if known)
- Foreign tax ID number
- Mobile phone number
- A Signed Power of Attorney
**If applying without a Power of Attorney, an authorization form with an authenticated signature. (Note that a simple signature will not be accepted).
Other documents may be required, depending on which tax office you visit.
How Long Does it Take to Get an AFM?
Getting your AFM Greek tax number typically takes 2/3 business days, but it could take longer depending on how busy the tax office is.
Do I Need an AFM if I Buy a Home in Greece With My Company?
If you want to buy through a company based outside of Greece, your legal entity from abroad will also need a Greek tax number. This process is a bit more complex than buying as an individual and requires extra documents. If you’d like to know more about this option, contact us here.
