Foreign Property Owners in Greece Under Scrutiny for Undeclared Rental Income
The issue primarily concerns citizens from EU and Balkan countries who lease their properties through short-term platforms such as Airbnb or through long-term rental agreements without declaring the income to Greece's Independent Authority for Public Revenue (AADE). Hundreds of foreign property owners across Greece are believed to be earning undeclared and untaxed income from renting out homes and vacation properties, prompting an intensified crackdown by the country's tax authorities. According to officials, the issue primarily concerns citizens from EU and Balkan countries who lease their properties through short-term platforms such as Airbnb or through long-term rental agreements without declaring the income to Greece's Independent Authority for Public Revenue (AADE). The problem is particularly widespread in tourist destinations like Crete, the Aegean islands, and Halkidiki, as well as in major cities such as Athens and...
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