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Rent allowance

Rent allowance

Rent allowance
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An extended home protection programme

 What is Housing Benefit?


 Housing Benefit is a welfare-based rental subsidy scheme for households renting their main home. It is the first organised attempt to provide the country with a coherent housing policy and an effective system of social protection for the first home on such a scale.


 What is the amount of the allowance granted?  


The amount of the Housing Benefit is set as follows:


For the beneficiary: EUR 70 per month

For each additional member of the household, an additional EUR 35 per month.

The minor child shall be counted as an adult in both the income criteria and the calculation of the income. The chosen graduation emphasises the child, with the obvious aim of promoting fertility, while special provision is made for single-parent families and households with unprotected children.


For single-parent families, a supplement of EUR 70 per month is set for the first minor member of the household.

For households with unprotected children, a supplement of EUR 70 per month is set for each unprotected child.


The Housing Allowance is capped at EUR 210 per month, irrespective of the composition of the household.


 For leases where the amount of the rent is less than the above amounts, the amount of the allowance shall be up to the corresponding amount.


 Can I be a beneficiary? What are the criteria?


 The criteria are income, property and residence.


A) Income


The total income may not exceed EUR 7 000 for a single person household, increased by EUR 3 500 for each additional member of the household. In the case of a single-parent family, an increase of EUR 7 000 shall be set for the first minor member of the household. In households with unprotected children, an increase of EUR 7 000 is set for each unprotected child.


The total income may not exceed EUR 21 000 per year, irrespective of the composition of the household.


Please note that the income threshold for the rent subsidy does not include the amounts of the Child Benefit, non-contributory disability allowances and foster care allowance.


Otherwise, the actual or imputed income from all sources - before tax, after deduction of social security contributions - received by all household members, as shown in the last cleared income tax returns, is included, as is customary.


Furthermore, the Housing Allowance is not taken into account in determining the income support or the income limits for the payment of the Minimum Guaranteed Income and the Child Benefit.


 B) Property criteria


The total taxable value of the household's immovable property may not exceed EUR 120 000 for a single person household, increased by EUR 15 000 for each additional member and up to EUR 180 000.


The total amount of the household's deposits and/or the current value of shares, bonds, etc., may not exceed EUR 7 000 for a single person household, increased by EUR 3 500 for each additional household member. In the case of a single-parent family, an increase of EUR 7 000 is set for the first minor member of the household. In households with unprotected children, an increase of EUR 7 000 is set for each unprotected child.


The total amount of interest on deposits as declared in the last cleared income tax return (E1) may not exceed per year the amount resulting from the following formula:


Annual interest = deposit limit for each type of household * average annual deposit rate /100


Applications from households whose members, on the basis of their last cleared income tax return, are not eligible:


are subject to the provisions of the luxury living tax,

declare expenditure on crew fees for pleasure boats,

declare expenditure in excess of EUR 1,500 for tuition fees at private schools,

declare expenditure on domestic helpers, car drivers, teachers and other staff, as specified in the corresponding codes of form E1.

 C) Residence criteria


The beneficiary of the allowance must have been legally and permanently resident in the Greek territory for the last 5 years, as evidenced by the submission of income tax returns for these years or any other appropriate documentary evidence and provided that the income tax returns for previous years have not been submitted on a date later than the date of acquisition of the AFM. The other members of the household must also be legally and permanently resident in the Greek territory.


Rent allowance
15.00€
Ex Tax: 12.10€
  • Stock: In Stock
  • Model: KE002

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