Search results
Inheritance tax is imposed: on any asset located in Greece and owned by residents or non-residents, on movable assets located abroad and owned by a Greek, on movable assets located abroad and owned by a foreign national who had his residence in Greece. Taxable is the heir or legatee.
Inherited real estate can sometimes come with encumbrances, such as outstanding taxes or mortgages. These must be paid before the property can be sold. It’s also important to make sure the property taxes are up to date, as delinquencies can significantly complicate the sale process.
15 maj 2020 · As you are already paying tax in Greece on your income, then it is highly likely that you will have minimal tax to pay in Australia. There are also expense write-offs against your Greek...
Inheriting property can trigger tax consequences. Learn how to avoid paying capital gains tax on inherited property and other assets.
6 dni temu · In Greece, real estate property has to be passed to the heirs by means of a notarial deed of inheritance acceptance. The heirs need to obtain a Greek tax number (“AFM”).
Our Expertise. Greek Inheritance Law, Lawyers Wills, Succession and Probate in Greece. Greek inheritance law comes into play when a person of Greek descent or with assets in Greece passes away. To effectively manage their inheritance by transferring their assets and estates, one must know how to claim it.
The Greek Inheritance Tax applies to all property owned in Greece (so not to property owned abroad) and rates range from 1% to 40% depending on the current value of the inherited property and the relationship between the deceased and the heir.
