Athens, Greece—The Greek government has introduced a new tax bill to boost revenue and address pressing issues in the tourism sector. Key measures include increased taxes on tourism accommodations, a levy on cruise passengers, and restrictions on short-term rentals in popular areas.
Climate Resilience Fee
A new "climate resilience fee" will be imposed on tourist accommodations, including hotels, Airbnb, and villas. The fee, which varies based on the accommodation type and season, is intended to fund environmental projects and infrastructure improvements.
Cruise Passenger Levy
A new levy will be imposed on cruise passengers disembarking at Greek ports. The fee from €1 to €20 will fund port infrastructure development and tourism promotion.
Restrictions on Short-Term Rentals in Central Athens
To address concerns about housing shortages and rising rental costs, the government will suspend the issuance of new short-term rental licenses in three central Athens districts for one year. Specifically, the districts of Plaka, Kolonaki, Koukaki, Syntagma, Omonia, Monastiraki, Exarchia, Ilisia, Neapoli, Mets, Neos Kosmos, Agios Artemios, Pagrati, Votanikos, Metaxourgeio, Gazi, Petralona, and Rouf will be affected.
Incentives for Long-Term Rentals
The government offers a three-year income tax exemption for owners who convert short-term rental properties into long-term leases to encourage long-term rentals.
Additional Measures
The tax bill also includes provisions such as:
- Extending VAT suspension for new construction projects
- Permanently exempting listed buildings valued up to €400,000 from property tax
- Implementing tax reductions to increase disposable income
- Modernizing Greece's tax system and improving public administration
These measures are intended to balance tourism's economic benefits with the need for sustainable development and social equity.
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