Country Comparison
Shows the effective taxes and costs payable on buy-to-let residential property, sorted by income tax. For assumptions see below:
Sort data by clicking on the headers, or mouseover data to see more information.
Assumptions:
Income Tax on Rent (Effective Rate). We assume the property is directly owned jointly by husband and wife, both non-resident foreigners with no other local income, and they earn gross rental income by letting: €/US$1,500/month. There is no mortgage. Depreciation and capital allowances are taken, if available.
Capital Gains Tax (Effective Rate). We assume the non-resident couple have owned the dwelling for 10 years at the time of sale; it is their only source of capital gains in the country (but not their sole or principal residence). Worth US$250,000 or €250,000 at purchase, the properly has appreciated in value by 100%.
Round-Trip Transaction Costs. Includes all costs of a non-resident foreigner buying and then re-selling a residential property worth US$250,000 or €250,000 • registration costs; • real estate agents’ fees; • legal fees; • and sales and transfer taxes.
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