Guide to Property Taxes in Kazakhstan
Tax Rate on Rental Income | |||
Monthly Income | US$1,500 | US$6,000 | US$12,000 |
Tax Rate | 10% | 10% | 10% |
Tax residents of Kazakhstan are subject to taxation on their worldwide income, while non-residents are taxed solely on income sourced from Kazakhstan.
Rental Income Tax
Non-residents are taxed at 10% on income sourced from Kazakhstan. When calculating taxable income from renting or leasing a property, taxpayers can deduct maintenance and repair costs or any reimbursements received for such expenses related to the property.
Tax Type | Rate |
Rental Income Tax | 10% |
Capital Gains
Capital gains are subject to income tax at the rate of 15%.
Tax Type | Rate |
Capital Gains | 15% |
Corporate Taxation in Kazakhstan
Income Tax
In Kazakhstan, corporations are taxed at a 20% corporate income tax (CIT) rate, assessed on a calendar-year basis. All Kazakhstan legal entities and branches of foreign legal entities are subject to CIT. Taxable income is calculated as the taxpayer's total annual income minus allowable deductions.
Tax Type | Rate |
Corporate Tax | 20% |
Property Buying Costs and Taxes in Kazakhstan
Transaction Costs | ||
Who Pays? | ||
Registration Fee | 0.00% | buyer |
Notary Fee | 0.10% - 1.00% | buyer |
Legal Fees | 0.10% - 1.00% | buyer |
Real Estate Agent's Fee | 2.00% - 5.00% | seller |
Costs paid by buyer | 0.20% - 2.00% | |
Costs paid by seller | 2.00% - 5.00% | |
ROUNDTRIP TRANSACTION COSTS | 2.20% - 7.00% | |
Source: Global Property Guide, PWC |
Property Holding Tax
Property tax is assessed annually at a general rate of 1.5% of the average net book value of immovable property.
Tax Type | Rate |
Property Holding Tax | 1.50% |