How much tax could you pay when selling shares, cryptocurrency or property in Greece?
The Finorum Greece Capital Gains Tax Calculator estimates the potential tax on a private investment gain. Enter the purchase price, sale price, transaction costs and holding period to calculate the estimated gain and applicable tax.
Greek taxation depends heavily on the type of asset, the size of the investor’s participation and whether the transaction represents private investment or organised business activity. Certain securities gains may be exempt, while taxable capital gains are generally subject to a 15% rate.
| Purchase price | |
| Sale price | |
| Costs / fees | |
| Gross gain | |
| CGT () | |
| Net profit |
How capital gains are taxed in Greece
For individuals, taxable income arising from the transfer of capital is generally subject to a flat 15% tax rate.
However, this does not mean that every investment sale is automatically taxed at 15%. The applicable treatment depends on:
- whether the security is listed or unlisted;
- the seller’s ownership percentage;
- the type and tax classification of the investment fund;
- whether the transaction is occasional or constitutes business activity;
- the taxpayer’s country of residence;
- whether a double taxation agreement applies;
- the type of asset being sold.
The calculator provides an indicative result for a Greek tax resident investing privately. More complex cases, including professional trading, company ownership and cross-border investments, require individual analysis.
Capital gains on listed shares
A private investor’s gain from selling shares listed on a stock exchange is not necessarily subject to Greek capital gains tax.
The 15% capital gains tax generally applies when the seller owns at least 0.5% of the listed company’s share capital. Where the investor owns less than 0.5%, the capital gain is generally outside this particular capital gains tax provision.
This distinction is important. A typical retail investor holding a small portfolio of listed shares will normally own considerably less than 0.5% of the company. The calculator therefore considers the ownership percentage when selecting the applicable treatment.
Other transaction taxes, fees or reporting obligations may still apply even when the capital gain itself is exempt.
The Greek Ministry of Economy and Finance confirms that listed securities fall within the capital-gains rules when the transferor owns at least 0.5% of the company.
Unlisted shares and company interests
Capital gains from the sale of shares in an unlisted company are generally taxable at 15%.
The same basic rate may apply to gains from transferring:
- interests in partnerships;
- government bonds and treasury bills;
- corporate bonds;
- financial derivatives;
- an entire business.
The taxable gain is normally the difference between the consideration received and the acquisition cost. Costs directly connected with the purchase and sale may be included when determining the final gain.
Company restructurings, substantial ownership interests, shareholder loans and transfers between related parties may require additional valuation and anti-avoidance analysis.
ETFs and investment funds
The tax treatment of ETFs and investment funds depends on their legal status, jurisdiction and regulatory classification.
Certain qualifying Greek or EU/EEA UCITS investments may benefit from favourable treatment, including exemptions in appropriate circumstances. However, not every product marketed as an ETF necessarily qualifies for the same treatment.
Investors should verify:
- whether the fund is UCITS-compliant;
- where the fund is legally established;
- whether it is recognised under the relevant Greek and EU rules;
- whether the income represents a capital gain, dividend or distribution;
- whether the fund is held privately or through a business.
The calculator offers a general estimate, but the fund’s official documentation and tax classification should be reviewed before treating a gain as exempt.
Cryptocurrency gains in Greece
The taxation of cryptocurrency remains less clearly codified than the taxation of conventional securities.
As of 2026, publicly available guidance from the Greek tax authority does not provide a complete dedicated framework covering every type of private crypto transaction. Greece has been developing a clearer regulatory and tax approach alongside the implementation of the EU Markets in Crypto-Assets Regulation, but MiCA regulation does not by itself determine the income-tax treatment of every crypto gain.
An occasional private crypto gain may potentially be treated as capital-gain-type income, for which 15% is commonly used as the closest general tax category. Nevertheless, the correct treatment can depend on the facts and should not be regarded as automatically settled.
Frequent and organised trading may instead be considered business activity. In that case, the net profit could be subject to Greece’s progressive business-income tax scale rather than the flat capital gains rate.
A crypto transaction may include:
- selling cryptocurrency for euros;
- exchanging one cryptoasset for another;
- using cryptocurrency to purchase goods or services;
- receiving tokens through mining, staking or other reward mechanisms.
Each activity can have a different tax character. The taxable amount may also depend on the euro value at the time of acquisition and disposal.
For this reason, the calculator’s crypto result should be treated as indicative. Users should retain complete transaction histories and obtain professional advice before submitting a Greek tax return involving significant crypto gains.
Capital gains from property
For sales completed during 2026, the Greek tax on capital gains from the transfer of privately held real estate remains suspended until 31 December 2026.
This means that an individual selling Greek property during the suspension period will generally not pay the otherwise applicable 15% capital gains tax under Article 41 solely on the gain from that sale.
The suspension is confirmed by the Greek Ministry of Economy and Finance and the Greek tax authority’s guidance for property owners.
Greece · Real Estate — Capital gains taxation on private property transfers is suspended through 31 December 2026. TAX FREE ✓
This exemption relates specifically to capital gains tax. A property transaction can still involve:
- real estate transfer tax;
- notarial and registration expenses;
- legal and brokerage fees;
- outstanding ENFIA obligations;
- costs connected with cadastral and compliance documentation.
The result can also differ when property sales constitute business activity, involve development operations or are made through a company.
Calculating the taxable gain
The basic formula is:
Capital gain = Sale proceeds − Acquisition cost − Eligible transaction costs
Eligible costs may include amounts directly connected with the acquisition or disposal, such as brokerage commissions and certain professional fees.
For example, suppose an investor sells taxable unlisted shares for €80,000. The documented acquisition cost was €50,000 and eligible transaction expenses were €2,000:
€80,000 − €50,000 − €2,000 = €28,000 taxable gain
At a 15% rate, the estimated tax would be:
€28,000 × 15% = €4,200
The calculation changes when an exemption applies, the transaction is treated as business activity or the investor cannot document the original acquisition cost.
Capital losses
Capital losses are not necessarily deductible from salary, rental income or other unrelated income.
Losses from qualifying capital transfers may generally be carried forward and used against future gains in the same relevant category, subject to Greek tax rules and documentation requirements. Their use may be restricted when the gain would have been exempt or when the investment falls under a different tax regime.
Users should retain:
- purchase and sale confirmations;
- broker statements;
- invoices for transaction expenses;
- bank payment records;
- documentation showing the ownership percentage;
- records of losses carried forward;
- crypto transaction and wallet histories.
Without adequate evidence, the tax authority may reject the claimed acquisition cost or loss.
Cross-border investments
A Greek tax resident is generally subject to Greek taxation on worldwide income, including foreign-source capital gains. Where the same gain is also taxed abroad, the applicable double taxation agreement and foreign-tax-credit rules may prevent or reduce double taxation.
The Independent Authority for Public Revenue explains that treaty provisions determine which country may tax the income and how foreign tax may be credited in Greece.
Non-residents selling Greek investments may receive different treatment, particularly when they are resident in a country that has a tax treaty with Greece.
Calculator assumptions
Unless otherwise selected, the calculator assumes that the user:
- is an individual tax resident of Greece;
- holds the asset as a private investment;
- is not conducting a professional trading business;
- can document the acquisition price and transaction costs;
- does not qualify for a special expatriate or alternative tax regime;
- has no unusual related-party or company restructuring transaction;
- is calculating a disposal completed during 2026.
Actual taxation may differ because of investment classification, ownership percentage, residence status, prior losses and treaty provisions.
Important notice
The Greece Capital Gains Tax Calculator provides an estimate for informational purposes only. It does not constitute tax, legal or investment advice.
Greek tax treatment can depend on facts that a general calculator cannot fully evaluate. This is particularly important for cryptocurrency, investment funds, substantial company interests, repeated transactions and international investments.
Before reporting a significant gain, consult a qualified Greek accountant or tax adviser and confirm the applicable treatment with the Independent Authority for Public Revenue.
Greece capital gains tax calculator
Matias Buće has a formal background in administrative law and more than ten years of experience studying global markets, forex trading, and personal finance. His legal training shapes his approach to investing — with a focus on regulation, structure, and risk management. At Finorum, he writes about a broad range of financial topics, from European ETFs to practical personal finance strategies for everyday investors.