Opening a Greek Bank Account from the U.S.
A Legal Guide for Greek Americans Interested in Real Estate or Inheritance in Greece
Why Greek Americans Need a Bank Account in Greece
Many Greek-Americans who inherit property or invest in real estate in Greece face a common legal and financial need: opening a bank account in Greece. Whether you wish to collect rent, pay property taxes, or receive funds from a future sale, a Greek bank account is often essential.
Requirements for Opening a Bank Account in Greece from Abroad
H2: 1. Greek Tax Number (AFM)
Before you can open a bank account, you need a Greek Tax Identification Number (AFM). If you don’t have one, we can assist you in obtaining it remotely via special power of attorney.
H2: 2. Required Documentation
To open a bank account, you generally need:
•Valid passport
•Greek tax number (AFM)
•Proof of U.S. address (e.g., utility bill)
•U.S. tax identification (TIN or SSN)
•FATCA compliance documents
•Proof of reason for account (e.g., inheritance, real estate)
H2: 3. Tax Compliance & Declarations
Due to FATCA regulations, Greek banks require detailed information and tax declarations for U.S. citizens or residents. This includes signing a W-9 form and potentially providing additional IRS-related documentation.
When is a Greek Bank Account Necessary?
H3: In Case of Inheritance
If you’ve inherited a property or bank account in Greece, you’ll need a Greek account to:
•Pay inheritance tax
•Receive the proceeds from sale
•Manage property expenses
H3: In Case of Real Estate Investment
For real estate purchases, rental income, or Golden Visa applications, a Greek bank account is typically mandat
How E. CHATZIDIMITRIOU LLC Can Help
At E. CHATZIDIMITRIOU LLC, we assist Greek Americans in all legal procedures relating to Greek banking, tax compliance, inheritance, and property law.
We offer:
•Legal representation in Greece & Cyprus
•Remote issuance of Greek tax number (AFM)
•Preparation of all documents needed for banks
•Communication in Greek
•Fully online consultation via video call
U.S. Contact Number: +13474034789
Email: info@hatzidimitriouvirtuallaw.com
Website: hatzidimitriouvirtuallaw.com
Book an Online Consultation
You can schedule a secure, online video meeting with our legal team to discuss your case. We handle cases throughout Greece and Cyprus, fully remotely.