Capital Gains Tax (Effective) in El Salvador compared to Latin America

El Salvador: 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

No house price statistics are published in El Salvador. The Centro Nacional de Registros publishes no housing statistics. The Banco Central de Reserva de El Salvador produces good general statistical time-series, which are up to date and nicely displayed. This is an exemplary site for a country of this size. There are also excellent statistics on the financial system and on many other aspects of life in El Salvador at the Superintendencia del Sistema Financiero.