Buying costs are low in Pakistan
Taxation Researcher | November 10, 2020
How high are realtors´ and lawyers´ fees in Pakistan? What about other property purchase costs?
|Capital Value Tax||4%||buyer|
|Property Transfer Tax||1%||buyer|
|Costs paid by buyer||8%|
|Costs paid by seller||0%|
|ROUNDTRIP TRANSACTION COSTS||8%|
| See Footnotes
Source: Global Property Guide
How difficult is the property purchase process in Pakistan?
Footnotes to Transaction Costs Table
Capital Value Tax
Capital value tax is levied at a flat rate of 4% on property value.
Stamp duty is levied at a flat rate of 2% on property value.
Registration fee is levied at a flat rate of 1% on property value.
Property Transfer Tax
Property transfer tax is levied at a flat rate of 1% on property value.