Venezuela

Capital Gains Taxes (%) - Venezuela Compared to Continent

Footnote

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

 

 

Venezuela: 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

 

Venezuela has no house price statistics, but there are construction cost time-series at the Banco Central de Venezuela site, which also has general statistics. There are also statistics at the Instituto Nacional de Estadistíca under the Ministerio del Poder Popular para la Planificación y Desarrollo.