4 Reasons You Should Not Sign a Lease Without First Getting an AFM!

Lately, I hear that companies tasked with relocating people to Greece, often fail to meet deadlines for obtaining AFMs, leaving newcomers unable to sign leases on time. Navigating the bureaucratic maze can be challenging, especially if you're unfamiliar with the system.

One critical step often overlooked by newcomers is obtaining an AFM (Tax Identification Number) before signing a lease agreement. Here's why this small yet crucial step can save you from a host of complications.

Why You Need an AFM Before Signing a Lease

1. The Lease Registration Process Requires an AFM

Greek law mandates that all rental agreements be electronically registered with the Independent Authority for Public Revenue (ΑΑΔΕ). Without your AFM, the property owner cannot complete this process. An unregistered lease is not legally valid, leaving you vulnerable to legal and financial risks, such as eviction or disputes over your rental rights.

2. Setting Up Utilities Demands an AFM

Once you have a lease, the next step is usually setting up utilities like electricity, water, and internet. Utility companies will ask for your AFM during the application process. Without it, you’ll face delays in getting essential services connected, potentially leaving you in an uncomfortable living situation.

3. Tax Compliance and Benefits

Having an AFM ensures that your lease is properly recorded for tax purposes. This is crucial not only for the landlord but also for you as a tenant. A registered lease can be used to claim tax deductions or other benefits, depending on your circumstances.

4. Avoiding Red Flags with Landlords

If a landlord is willing to rent to you without an AFM, this could indicate that they’re attempting to circumvent the law by avoiding lease registration. This practice can lead to complications, such as disputes over your deposit or rental terms, and it’s best to avoid such arrangements altogether.

How EnterAthens Can Help:

Navigating Greek bureaucracy can be daunting, but you don’t have to do it alone anymore!! Here’s how we can assist you:

• Obtain Your AFM

• Search for Accommodation

• Help with Lease Agreements

• Explain Your Rights

Contact Us! Start Your Journey, Create Your Future!