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registration of imported cars

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registration of imported cars

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Message posted by Susanna on 01�December�2005 at 10:45pm - IP Logged Legal Disclaimer

Susanna

Corfu

Mac, and everyone else,

Thank you all for an amazing amount of interesting information!

Susanna

Message posted by MartynG on 02�December�2005 at 10:38am - IP Logged Legal Disclaimer

MartynG

Corfu

Steve

Yes, if you buy the parts in the UK, you will have to pay VAT on them (there is no mechanism for obtaining any form of relief - even if the supplier shipped the parts directly to Greece he would have to charge the full 17.5%)and then, when you register your "new Means of Transport", you would have to pay VPR at the Greek rate of 18.5%. The valuation should be on an estimation of the vehcle's market value, or failing that, it's VAT inclusive cost. Hardly sounds worth it does it.

The only way to avoid UK VAT would be to have the parts shipped (and invoiced) to a Greek VAT registered business. In this way, the UK supplier can zero rate the sale and the liability to account for the VAT is transferred to the recipient in Greece (this is a paper exercise, with no actual money changing hands). Of course, the Greek business would then be required to charge you VAT on the parts - almost back to square one! However, if your Greek business was to be a freindly vehicle repair garage, it might be possible for them to "sell" you the completed vehicle once built at a reasonable price - plus local VAT based on that price.

By way of comparison, if you were to buy a new car in the Uk for exportation to Greece, you could get releif from UK VAT under a special scheme whereby the vehicle is given a temporrary UK registration and you have to take it out of the UK fairly quickly. VAT would then be payable in Greece (as well as the rgistration tax) as previously described.

I trust you are now suitably confused!

Martyn

Message posted by BruceAndMaria (Born again CTG member) on 02�December�2005 at 1:16pm - IP Logged Legal Disclaimer

BruceAndMaria

Corfu

Martyn

I think we will stick to a tandem when we go to live in Corfu

Bruce

Message posted by MartynG on 02�December�2005 at 6:20pm - IP Logged Legal Disclaimer

MartynG

Corfu

Nice one Bruce

Message posted by mac_corfu on 02�December�2005 at 11:47pm - IP Logged Legal Disclaimer

mac_corfu

Corfu

Re pickups and vans

not 100% sure on this one, but according to one of our Greek friends it is diesel engined pickups and vans that are classed as commercial, petrol engined pickups are ok (not sure on small petrol engined vans), but will stand corrected if anyone knows for certain

Message posted by Bob and Wendy (Uncle Bob) on 03�December�2005 at 1:33am - IP Logged Legal Disclaimer

Bob and Wendy

The subject becomes more cloudy by the day.

All I can say is that the person who wanted to buy my friends Nissan 4x4 crew-cab, pick-up. were first informed that they could'nt becauser it was a diesel, when they pointed out that in fact it was petrol fuelled, they were then informed that as it was registered as a commercial vehicle, together with VAT implecations, (ask Martyn G for VAT explanations). They still could'nt buy the vehicle without forming a VAT registered company. I suspect that they could have payed the original VAT rebate, and then taken the motor. But inevitably costings start to go out of the window just around now, and the mental question "Do I Really Need To Go Down This Road?" leaps into mind.

Bob

Message posted by Ray and Gisela on 04�December�2005 at 1:17pm - IP Logged Legal Disclaimer

Ray and Gisela

Corfu

Hi Bruce & Maria, My car is a German model, has anyone tried that with left hand drive? Next Bruce, is that carp from a lake in Corfu and if so do you nead a fishing licence to fish over there? Ray

Message posted by stevel on 04�December�2005 at 4:23pm - IP Logged Legal Disclaimer

stevel

Corfu

To mac & suzanne

Regarding your friend who has imported a van and intends to import a car - has he transferred his residency to Greece?. I was told by the Greek Embassy that this must be done in order for a car to be imported.

My wife and I have just recently moved to Greece and don't feel ready to transfer our resdidency yet. We have obtained the 5 year residency permit of course.

Message posted by mac_corfu on 05�December�2005 at 1:53am - IP Logged Legal Disclaimer

mac_corfu

Corfu

Hi Steve

Re transfer of residency..... all most people who now live here do is apply for a residents permit which lasts initially for 5 years and this is all our friends did. Lord knows what "transfer of residency" is unless the same. The only other thing is applying for Greek citizenship, which is not an essential thing as far as I am aware.

We do know that the 2 main prerequisites before buying a vehicle here are a tax number and a residents permit, so I would assume that is all that is needed for importing.

Message posted by MartynG on 05�December�2005 at 10:42am - IP Logged Legal Disclaimer

MartynG

Corfu

Hi Stevel

I would guess that there two matters at issue here: residence and domicile. Put simply, residence is where you chose to live at any point in time, in this case, either Greece or the UK. So you can register your residence in Greece without giving up your UK domicle.

You would only give up your UK domicile if you gave up any intention to return to the UK - this may well be evidenced by taking out Greek citizenship, but can be argued to be "a state of mind"

To give you and example. I used to work for an individual who escaped from a Middle Eastern country at a time of great unrest(30 years ago). He came to the UK and has built up a considerable business empire. However, he maintains that it is his intention to to return to the country of his birth. On this basis, he is resident in the UK but non-domiciled. His country of domicile remains his country of birth.

The main implications in all of this are in the area of taxation, but I hope this gives you an insight.

Martyn

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