Global Property Guide

Financial Information for Residential Property Buyers


Inheritance tax and law

October 23, 2013

INHERITANCE
Inheritance is taxed in El Salvador at the standard income tax rates. The following people are subject to tax in El Salvador:

  • Estate of a deceased person, provided that the succession procedures are carried on in the country
  • Majority of the heirs of the estate are El Salvadorian residents
  • The assets or properties are located in El Salvador

INCOME TAX

TAX BASE, US$ TAX RATE
Up to US$4,064.00 0%
US$4,064.00 - US$9,142.86 10% on band over US$4,064.00
US$9,142.86 - US$22,875.14 20% on band over US$9,142.86
Over US$22,875.14 30% on all income over US$22,857.14
Source: Global Property Guide

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