Poland – Property Taxes

Typical Taxes and Fees When buying or selling a house in Poland, you will incur several taxes and fees. These may include: Notary fees: These fees are paid to the notary who handles the transaction. They usually amount to around 1% of the property’s value. Property transfer tax: This tax is paid to the Polish … Read more

Portugal – Property Taxes

Property Transfer Tax: This tax is paid by the buyer and is based on the value of the property. It ranges from 0.5% to 6% of the property’s value, depending on the location and value of the property. Notary Fees: Notary fees are also paid by the buyer and are typically around 0.5% of the … Read more

Philippines – Property Taxes

Property Tax A yearly tax based on the assessed value of a property. For residential properties, the tax is usually around 0.75% of the assessed value. Capital Gains Tax (CGT) Applies to the sale of a property and is calculated as a percentage of the net sales price. The CGT rate is 6% for individuals … Read more

Peru – Property Taxes

Property Tax Property tax in Peru is known as Impuesto Predial and is levied annually on the value of the property. The tax is calculated based on the official value of the property determined by the government, which is usually lower than the market value. The tax rate ranges from 0.2% to 0.5% of the … Read more

Panama – Property Taxes

Property Tax In Panama, property tax is based on the assessed value of the property, with a rate of 0.5% per year. The assessed value is usually around 30% of the market value. Capital Gains Tax (CGT) Capital gains tax in Panama is calculated as 10% of the sale price. This tax is levied on … Read more

Norway – Property Taxes

Property Tax In Norway, the property tax (eiendomsskatt) is levied annually by local authorities and is based on the value of the property. The tax rate ranges from 0.4% to 0.7% of the assessed value of the property. Capital Gains Tax (CGT) When selling a property, a capital gains tax (skatt på realisert gevinst) may … Read more

Oman – Property Taxes

The most common taxes and fees when buying or selling a property in Oman include: Property transfer fee: A fee charged by the government on the transfer of ownership of a property, usually around 2-3% of the property’s value. Real Estate Agency Commission: A fee charged by the real estate agent for their services in … Read more

Netherlands – Property Taxes

Taxes and fees are an important aspect to consider when buying or selling a property in the Netherlands. Here is an overview of the typical taxes and fees involved in the process. Property Tax The property tax (Onroerendezaakbelasting, OZB) is an annual tax that is paid by the property owner. The tax is based on … Read more

New Zealand – Property Taxes

Property Tax In New Zealand, property tax is known as council rates and is calculated based on the capital value of the property. It is the responsibility of the property owner to pay the council rates. The amount of council rates may vary from one council to another and is usually reviewed annually. Capital Gains … Read more

Morocco – Property Taxes

Property tax in Morocco is known as “taxe foncière” and is based on the value of the property. The tax rate varies depending on the location of the property, with rates generally ranging from 0.1% to 2% of the property’s value. Capital Gains Tax (CGT) CGT is imposed on the sale of property in Morocco, … Read more