Kuwait

Capital Gains Taxes (%) - Kuwait Compared to Continent

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Morocco	17.08%
Bahrain	0.00%
Egypt	0.00%
Israel	0.00%
Jordan	0.00%
Lebanon	0.00%
Oman	0.00%
Qatar	0.00%
Saudi Arabia	0.00%
Tunisia	0.00%
UAE	0.00%

 

 

Kuwait: 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

 

Kuwait does not publish official house price statistics. The Kuwait Real Estate Sector Report published by the Global Investment House is a good source of information on residential unit prices, land prices, construction and sales activities.

General economics statistics are assembled by the International Monetary Fund, originally sourced from the Ministry of Planning and the Central Statistical Office.