In Greece, heirs are divided into 3 categories; main category includes spouse, children, grandchildren and parents.
Inheritance tax has 3 scales and is calculated on property tax value (not market value).
Property with tax value under €150 000 is tax free. Exceeding €150 000 is taxed by 1% and €300 000 by 5% respectively. 10% on the share above €600 000.
Example: inherited property with tax value of €800 000 is taxed 1500 +15 000+ 20 000 = €36 500. Given example concerns main category only.
Please enter your username or email address. You will receive a link to create a new password via email.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.