Law 4839\/2021 (article 56), as amended by Law 4972\/2022, introduced from 1 October 2021 significant tax relief for transfers of property between first-degree relatives, with a tax-free threshold of \u20ac800,000 per donor\u2013recipient relationship.<\/p>\n\n\n\n
According to article 29 of the Greek Gift Tax Code (Law 2961\/2001), category A includes:<\/em><\/p>\n\n\n\n Parents to children, children to parents, grandchildren, spouses, civil partners (with a cohabitation agreement in force)<\/p>\n\n\n\n Proof of the above can be any public document showing the degree of kinship, for example a family status certificate.<\/p>\n\n\n\n The tax-free threshold covers all forms of property, both real estate and movable assets.<\/p>\n\n\n\n What applies to cash gifts?<\/p>\n\n\n\n For the tax-free threshold to apply:<\/p>\n<\/div>\n\n\n\n The transfer must be made through a bank, The transaction must be declared through the myPROPERTY platform.<\/p>\n\n\n\n If the procedure is not followed correctly, the tax is 10%<\/p>\n\n\n\n The tax-free threshold applies per donor\u2013recipient relationship, regardless of the number or type of gifts, provided they are made after 1\/10\/2021.<\/p>\n\n\n\n This article is for information purposes only and does not replace specialised professional advice.<\/p>\n\n\n\n Read also:<\/strong> Separate tax returns for spouses: complete guide (tax year 2025)<\/a> \u00b7 New rent payment rules from 1 January 2026<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Tax-free threshold of \u20ac800,000 for parental gifts and donations between first-degree relatives in Greece (Law 4839\/2021). Who it covers and what documents are needed.<\/p>\n","protected":false},"author":3,"featured_media":459,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-989","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"yoast_head":"\n
From the donor’s account to the recipient’s account, with each appearing as the first holder,
It must be supported by documents (e.g. deposit slips, transfer receipts, IBAN etc.)<\/p>\n\n\n\n