Colombia

Capital Gains Taxes (%) - Colombia Compared to Continent

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Argentina	0.00%
Brazil	25.00%
Chile	0.00%
Colombia	30.00%
Costa Rica	0.00%
Ecuador	5.50%
El Salvador	2.14%
Guatemala	22.32%
Honduras	25.31%
Mexico	23.80%
Nicaragua	31.87%
Panama	10.00%
Paraguay	17.50%
Peru	30.00%
Uruguay	0.00%
Venezuela	24.92%

 

 

Colombia: Capital gains taxes (%).

In arriving at effective capital gains tax rates, the Global Property Guide makes the following assumptions:

• The property is directly and jointly owned by husband and wife;
• They have owned it for 10 years;
• It is their only source of capital gains in the country
• It has appreciated in value by 100% over the 10 years to sale
• The property was worth US$250,000 or 250,000 at purchase.
• It is not their sole or principal residence.

These assumptions are critical. In many countries a holding period of less than 5 years results in capital gains being taxable. But a longer holding period often results in no capital gains tax being payable. For more details see the Data FAQ

Source: Global Property Guide Research, Contributing Accounting Firms

 

Colombia is one of the two countries in Latin America with house price statistics, which are to be found at the excellent Departamento Administrativo Nacional de Estadistica (DANE) site. The time-series are quarterly, from 1998. There are no rentals statistics.

Colombia has good general economics statistics, also at the DANE site. The central bank, the Banco de le República Colombiana, has a well-organized statistical section with time-series concentrating on financial sector indicators.