Guide to Property Taxes in Argentina

Nonresident individuals are generally subject to Argentine income tax only on income derived from Argentine sources, including income arising from real estate situated in Argentina. Nonresidents are generally subject to special withholding rules applicable to foreign beneficiaries rather than the ordinary progressive personal income tax rates applicable to Argentine residents.

Income Tax (Impuestos a las Ganancias)

Residents are taxed on all their national and international incomes while non-residents are only taxed on income received in Argentina.

Rental Income Tax

From 1 January 2026, rental income earned by an individual from property rented as the tenant's qualifying permanent residential home (casa-habitación) is exempt from Argentine Income Tax. The exemption applies to both Argentine residents and nonresident individuals and may apply to multiple residential units, provided each property satisfies the applicable residential-use requirements.

Consequently, for a nonresident individual earning qualifying long-term residential rental income, the effective Argentine federal income tax rate is generally 0%, irrespective of the amount of rental income. Other taxes, including provincial or municipal taxes such as Gross Income Tax where applicable, may still arise.

Short-Term Rental Income Tax

The income-tax exemption applicable from 2026 to qualifying residential properties used as the tenant's permanent home generally does not extend to short-term or tourist accommodation such as Airbnb rentals.

For a nonresident individual, Argentine tax law generally presumes taxable net income equal to 60% of gross rental income from Argentine real estate. Applying the 35% nonresident income tax rate results in an effective federal income tax burden of approximately 21% of gross rental income. Subject to the applicable requirements, a nonresident may alternatively elect to determine taxable income based on actual qualifying expenses.

Short-term rental activity may also be subject to VAT and provincial or municipal taxes, including Gross Income Tax, depending on the nature and location of the activity.

Gross Income Tax (Impuesto sobre los Ingresos Brutos)

Rental and other property-related activities may also be subject to provincial or City of Buenos Aires Gross Income Tax (Impuesto sobre los Ingresos Brutos). This is a local turnover tax generally imposed on gross revenue rather than net profit. The applicable rate and available exemptions vary substantially according to the jurisdiction, activity and characteristics of the rental.

Consequently, there is no single nationwide rate applicable to rental income. The appropriate rate should be determined according to the province or the Autonomous City of Buenos Aires in which the taxable activity is carried out.

Capital Gains Tax

For real estate acquired on or after 1 January 2018, gains realized by individuals from the sale or transfer of Argentine real estate are generally subject to income tax at a rate of 15% on the taxable gain. The taxable gain is generally determined by deducting the property's tax basis and qualifying costs from the disposal proceeds, subject to the applicable adjustment rules.

Different rules apply to real estate acquired before 1 January 2018. Consequently, the acquisition date of the property is particularly important when determining the Argentine tax treatment of a sale.

An exemption may apply to the disposal of a qualifying taxpayer's principal residence, subject to the applicable conditions.

Corporate Taxation

Argentine companies are subject to corporate income tax at progressive rates ranging from 25% to 35%. Rental income and taxable gains from the disposal of real estate are generally included in the company's taxable income, while qualifying expenses incurred in generating taxable income may generally be deducted.

For fiscal years beginning on or after 1 January 2026, the corporate income tax brackets are:

Property Buying and Selling Taxes and Costs

Property Holding Tax

Wealth Tax (Bienes Personales)

Non-resident individuals are generally subject to a 0.50% tax rate on the property's fiscal value. Following the recent tax reforms introduced under the Ley de Bases (Law 27,743), the maximum wealth tax rate is scheduled to decline progressively, reaching a uniform rate of 0.25% by the 2027 tax year.

Real Estate Tax (Impuesto Inmobiliario / Tasas)

Each jurisdiction administers its property tax system independently, with taxes generally calculated based on the cadastral value (valor fiscal) of the land and buildings, which is typically substantially below their market value. The rates vary depending on location from 0.20% - 2.00%.