Capital Gains Tax (Effective) - Colombia Compared to Latin America

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

Colombian house price statistics , are from Colombia's central bank, Banco de la Republica Colombia. The time-series are quarterly, from 1988. There are no rentals statistics.

Colombia has good general economics statistics, also at the Banco de la Republica Colombia site. It has a well-organized statistical section with time-series concentrating on financial sector indicators.