You may give an individual $13,000 per year without any taxes assessed against the individual. I would think that if you gave this individual IQD 250,000 with a value of $250-$280, this would be a better way to go. However, once he/she cashes in, they would still be liable for capital gains tax. The question I do not know is whether it would be at a short-term (less than a year) or long term (greater than a year) rate.