Transferring a car from abroad to Greece is a common issue for those who move to the country permanently or spend a large part of their time here. Although it is a legal and feasible process, the complexity, cost, and time involved make it an option that needs thought and planning.
Which Documents Do I Need to Bring a Car to Greece?
To import your vehicle into Greece, you will need to provide several essential documents: Proof of ownership (original registration certificate or title), a purchase invoice or contract, proof of permanent residence in Greece, valid vehicle insurance, and the Certificate of Conformity (CoC). For vehicles imported from outside the EU, customs clearance documents are also required. Additionally, all vehicles must pass a technical inspection (KTEO) before registration.
What Are The Costs?
Next comes the calculation of tax charges, which differ depending on whether the vehicle comes from an EU country or a non-EU country. Specifically, for vehicles from EU countries, no tariffs are applied, but VAT (24%) is paid if the vehicle is new (i.e., less than 6 months old or with less than 6,000 km). In addition, the Registration Fee is also applied, which depends on the value of the vehicle, its CO2 emissions, and its age. If the vehicle comes from a non-EU country, an additional 10% duty is added and, of course, the same VAT and Registration Fee. Importantly, in all cases, registration fees must be paid and Greek registration plates issued, and the vehicle must pass a technical inspection (KTEO).
In terms of cost, the transport and shipment process can be expensive. Transport costs range between €500 and €1,500, while in the case of imports from third countries, the total charge (customs duties + VAT + registration) can reach 30-40% of the value of the car. For example, a vehicle worth €20,000 can incur an additional €6,000-8,000 in taxes alone. The cost increases even more if the vehicle has high CO2 emissions, as the registration fees then also go up.
On the contrary, if you buy a new car in Greece, there are no duties or customs procedures. VAT is included in the final price, while the prices at Greek dealerships already include the Registration Fee and all necessary taxes. It should be noted at this point that the cost of a small car starts at around €20,000. This price includes a factory warranty, service from local garages, and the possibility of flexible financing or exchange.
Additionally, a proof of residence is required to purchase a new car in Greece.
What is More Advantageous?
If the car you want to bring is new, has low emissions and was bought at a low price abroad, it may be economically advantageous to bring it, especially if it comes from an EU country and is not subject to customs duties. But if the car is older, has high CO2 emissions, or comes from a third country, then the costs go up significantly and the process becomes more complicated.
For the average buyer who wants security, predictability, and a guarantee, buying a new car from the Greek market is usually the most advantageous and practical solution.
In any case, before you decide, it is important to consult a legal representative or accountant to accurately calculate your costs and obligations. Sometimes, the sentimental value of a car or special needs may outweigh the cost. But if we consider pure financial aspects, for most people, the answer is clear: It is preferable to buy your new car in Greece.
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Disclaimer: The article is based on current information found in reliable sources.
