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Finance Ministry Amends Tax Exemption

On Friday, the Greek Finance Ministry tabled a Parliament amendment, that offers individuals tax exemption whose primary tax residence is not in the nation.

The criteria for exemption is centered on living-standards proof, that include owning a car or personal property.

Prior, the only precedent for exemption was not earning an income in Greece. The new quota will now free persons that have current Greek incomes and 2013 earning revenues, but do not legally reside in the country.