Less bureaucracy in property transfers

Efforts are under way to reduce the bureaucracy that accompanies property transfers by the relevant departments of the Ministry of Finance which, among other things, plans to abolish the certificate of payment of inheritance or parental tax and the certificate of water supply of a building.

The initiatives to expedite the "long-suffering" property transfer process are expected to be undertaken by the Independent Authority for Public Revenue (AADE).

Speaking at the 40th annual conference of the national federation of property owners (POMIDA), Giorgos Pitsilis, the head of AADE, said that the further digitization of the MyProperty platform is planned over the next two years, allowing for the automatic update of E9 data in cases where there are changes in the property status of citizens. The aim is to eliminate the need for amending declarations.

At the same time,...