Rental Income Tax in China compared to Asia
China: Rental income taxes (%).
Tax on the average annual rental income in the country, based on the following assumptions:
- Gross rental income: $1,500/month
- Owned by a foreign, non-resident individual
- No other local income, no mortgage
These figures are for reference only; always consult a reputable lawyer for accurate advice. In many countries, it is more tax-efficient to buy and rent through a company. For more information on property taxes, click on the country links. Updated biannually.
| Malaysia, Kuala Lumpur |
30.00%
|
| Singapore |
22.00%
|
| Japan, Tokyo |
20.42%
|
| Indonesia, Jakarta |
20.00%
|
| Taiwan, Taipei |
18.00%
|
| Hong Kong |
15.00%
|
| Vietnam, Hanoi |
10.00%
|
| India, Mumbai |
10.00%
|
| Thailand, Bangkok |
7.24%
|
| Georgia, Tbilisi |
5.00%
|
| China, Beijing |
5.00%
|
| Philippines, Manila |
1.89%
|
China has poor house price statistics. The National Bureau of Statistics of China (NBSC) has monthly house price time-series starting January 2011 but only until August of 2013. Another source of house price indices is eHomeday, Shanghai's largest property market web site, which has time-series for Shanghai, Nanjing, Hangzhou, Beijing, Yangzhou and Suzhou (but the site is only in Chinese, and no time-series are available). Colliers International publishes useful housing data in their quarterly property market reviews. General economics statistics are available from the NBSC and the People's Bank of China.