Gift, Parental Grant or Inheritance?
All three transfer property, but they differ in who gives, when, and how they are taxed. Here are the differences so you can choose well.
Last updated: June 2026
The key differences
| Parental grant | Gift | Inheritance | |
|---|---|---|---|
| Who gives | Parent → child | Anyone | Due to death |
| When | While alive | While alive | After death |
| Tax-free (Α) | €800,000 | €800,000 | €150,000 (€400,000 spouse/minor) |
| Rate (Α) | 10% on excess | 10% on excess | 1%–10% progressive |
Parental grant
A transfer of property from a parent to a child, while alive. As a Category Α beneficiary, the child has an €800,000 tax-free amount and 10% on the excess.
Gift
A transfer while alive to anyone. If the donee is Category Α the same €800,000 applies; for Β and Γ the progressive scales apply (cash gifts at a flat 20%/40%).
Inheritance
A transfer due to death, taxed on a progressive scale by category (Α tax-free €150,000, specifically €400,000 for a surviving spouse/minor child).
In practice
To transfer property to a child while you are alive, a parental grant with the €800,000 tax-free
amount is usually the most tax-efficient option versus inheritance. Consult a notary.
Compare with the calculator
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Indicative information — not legal or tax advice. Privacy policy. Greek version: Ελληνικά.