How much is the tax-free amount for a parental grant/gift to a child?

For Category Α beneficiaries (e.g. children) the tax-free amount is €800,000. Above it, a flat 10% applies to the excess.

Does the €800,000 apply every time?

No. It is granted once per donor–donee pair and is cumulative for all parental grants/gifts since 1 October 2021.

Does it apply to money gifts?

Yes, but only if the money is transferred through the banking system. Cash gifts are taxed at an autonomous flat 10%.

€800,000 Tax-Free for Parental Grants & Gifts

Since 1 October 2021, parental grants and gifts to close relatives (Category Α) are tax-free up to €800,000. Above the threshold, a flat 10% applies to the excess.

Last updated: June 2026

Who it applies to

It applies to Category Α beneficiaries: children, spouse/civil-partner, grandchildren and parents. Typical case: a parent transfers an apartment or money to their child.

Example A parent transfers to their child a property with an objective value of €700,000 → €0 tax (below the threshold). If the value were €900,000 → tax of 10% × (900,000 − 800,000) = €10,000.

Calculate your parental grant / gift Applies the €800,000 exemption automatically

Granted once — cumulative

The €800,000 is not given each time: it applies once per donor–donee pair and adds up all parental grants/gifts since 1 Oct 2021. Whatever has already been given tax-free counts toward the limit.

Money gifts: mind the method

Bank transfer only For a money gift/parental grant, the €800,000 tax-free amount applies only if the money is transferred through the banking system. Cash is taxed at an autonomous flat 10%.

What about the other categories?

The €800,000 applies to Category Α. For Β and Γ, property gifts follow the progressive brackets, while cash gifts are taxed at a flat 20% (Β) / 40% (Γ).

Indicative information under Law 4839/2021 — not legal or tax advice. Privacy policy. Greek version: Ελληνικά.

€800,000 Tax-Free for Parental Grants & Gifts

Who it applies to

Granted once — cumulative

Money gifts: mind the method

What about the other categories?

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