Greece’s Ministry of Finance has opened public consultation on a draft bill proposing changes to inheritance and gift tax laws and expanding exemptions in the special real estate tax regime. The consultation runs until 8 July 2025.
Greece’s Ministry of Finance submitted a draft bill for public consultation on 24 June 2025, proposing amendments to the country’s inheritance tax, gift tax laws and special real estate tax regime.
Key measures in the draft include reducing the minimum overseas residency requirement for Greek nationals to qualify for an inheritance tax exemption on movable property located abroad from 10 to 5 consecutive years.
The bill also proposes exempting from gift tax any employer payments made to cover medical expenses for employees or their close relatives, as defined in the Income Tax Code.
Additionally, the special real estate tax exemption would be expanded to cover legal persons and entities engaged in public-benefit, educational, cultural, or religious activities in Greece. This exemption would also apply to companies wholly owned, directly or indirectly, by such entities.
The consultation is open until 8 July 2025.
