# Study costs & money in Greece

> Tuition, living-cost context, banking, taxes and practical money guidance for students planning to study in Greece.

Source of record: https://versityspot.com/study-abroad/greece/costs
Confirmation: 16 of 16 sections confirmed against their official source (last 2026-08-08).

## Bank Accounts

Account opening wants the AFM, passport, and proof of address or enrolment; the process is patient rather than difficult. EU digital-bank IBANs cover daily life meanwhile, though Greek payroll and some landlords prefer domestic accounts.

Cash retains real market share, especially in tavernas and on islands; carry some.

*Source: https://www.bankofgreece.gr/en*

## Taxes

Working students file under the AFM through payroll withholding; modest part-time incomes attract little tax after the personal scale applies. The annual declaration is electronic and, for simple student cases, brief.

Freelance platform work has its own registration regime; take advice before invoicing rather than after.

*Source: https://www.aade.gr/en*

## Common questions

### What should international students know about banking in Greece?

AFM first, account second; cash still buys dinner.

### What should international students know about taxes in Greece?

Payroll withholding plus a brief annual declaration covers most students.