Global Citizen Solutions
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17 Countries with No Property Tax: Everything You Need to Know
October 31, 2023 - However, there is an exception for owners of holiday homes, where the property tax is more ceremonial than anything meaningful. Liechtenstein is a tiny, landlocked European principality nestled between Switzerland and Austria. Renowned for its high standard of living, it’s a financial hub with a strong banking sector. Despite its small size, Liechtenstein enjoys a prosperous economy, picturesque Alpine landscapes, and a constitutional monarchy led by the Prince of Liechtenstein. One of the smallest countries in the world, Liechtenstein includes rental income in the income tax base, effectively eliminating property tax.
Are there personal income taxes in countries with no property tax?
Yes, some countries with no property tax may still levy personal income tax on wages, business profits, or rental income. It’s important to review the full tax regime, not just taxes related to real estate, when evaluating how tax-friendly a country is.
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globalcitizensolutions.com › home › citizenship and residency › finance › 17 countries with no property tax: everything you need to know
17 Countries with No Property Tax: Everything You Need to Know
Do I still have to pay capital gains tax in countries with no property tax?
Yes, many countries that don’t levy an annual property tax may still impose a capital gains tax when you sell your property.
The rate and conditions depend on local laws, holding period, and whether the property is a primary residence or investment asset.
globalcitizensolutions.com
globalcitizensolutions.com › home › citizenship and residency › finance › 17 countries with no property tax: everything you need to know
17 Countries with No Property Tax: Everything You Need to Know
Is rental income taxed in countries without property tax?
In some cases, yes. Even if a country has no property tax, rental income generated from owning real estate may still be subject to rental income tax.
Rates vary by country and tend to depend on whether you are a resident or non-resident.
globalcitizensolutions.com
globalcitizensolutions.com › home › citizenship and residency › finance › 17 countries with no property tax: everything you need to know
17 Countries with No Property Tax: Everything You Need to Know
RestProperty
restproperty.com › article-en › countries-with-lowest-property-taxes
Countries With the Lowest Property Taxes - RestProperty
November 25, 2025 - For buyers comfortable with emerging markets, Northern Cyprus remains one of the least expensive jurisdictions to hold property long-term. Dubai and other UAE emirates stand out globally for having: ... This makes the UAE highly attractive for capital-focused buyers. However, ownership costs shift toward: ... Taxes remain low by global standards - but structure matters.
Tax Foundation
taxfoundation.org › home › data › european taxes › real property taxes in europe, 2025
Real Property Taxes in Europe, 2025 | Tax Foundation Europe
October 6, 2025 - The Czech Republic has the second-lowest share, at 0.04 percent, followed by Turkey, at 0.01 percent. The highest property taxes as a share of the private capital stock occur in the United Kingdom (2.57 percent), Greece (1.16 percent), and France (1.13 percent). On average, the revenue raised from recurrent property taxes in the 27 European countries covered that have a property tax lies at 0.41 percent of their private capital stocks.
Reddit
reddit.com › r/digitalnomad › which countries truly allow you to own your home?
r/digitalnomad on Reddit: Which countries truly allow you to own your home?
June 17, 2024 -
I'll start by saying I'm not currently in a bad financial situation. But the future is extra scary when considering the fact that in America you basically can buy a house cash and then lose the house in maybe 10 years when the property taxes have tripled and you can no longer afford to pay them.
I've traveled a lot of places but never paid much attention to foreign housing situations. Are there actually places where if you bought and outright own a home they couldn't take it from you if you hit financial ruin?
Top answer 1 of 63
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Panama, by law on your main residence you pay whatever property tax you paid when u got the property. When you sell the new owner pays updated property tax.
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In Ireland we have property tax but it's very low. For a €500k house you pay €495 per year. The house is not repossessed if it is unpaid; instead, a charge (lien) is placed on the property to be recovered when sold. https://www.citizensinformation.ie/en/money-and-tax/tax/housing-taxes-and-reliefs/local-property-tax/
Live and Invest Overseas
liveandinvestoverseas.com › home › 3 places where real estate taxes cost next to nothing
The 3 Countries You Should Go If You Want Low Real Estate Taxes
March 11, 2025 - Panama boasts Pacific and Caribbean shorelines with wildflower-covered mountains in between, real-world infrastructure, and the U.S. dollar for currency. Hiding the smartest beach, river, and mountain property buys, plus some of the lowest property taxes anywhere on the planet today, Panama is an attractive destination for expats interested in real estate.
Mansion Global
mansionglobal.com › articles › which-countries-have-the-highest-and-lowest-taxes-on-residential-real-estate-52256
Which Countries Have the Highest and Lowest Taxes on Residential Real Estate? - Mansion Global
July 3, 2019 - Q:Which countries have the highest and lowest taxes on residential real estate sales? Where does the United States rank? "The U.S. ranks near the top of the list for the tax burden placed on individuals selling their homes," said Michael A. Gillen, director of the Tax Accounting Group at law firm Duane Morris in Philadelphia. On the opposite end, New Zealand is one nine countries with a capital gains taxes of 0%.
Realting
realting.com › publications
Forget Real Estate Taxes: Complete List of No-Property Tax Countries
October 1, 2024 - This fee can be reduced to 1.7% if paid within 60 days after the completion of the transaction. Real estate in Qatar is characterized by the absence of property taxes. This means that individuals who own property, whether it's residential or commercial, do not have to pay an annual property tax based on the value of their property. This tax policy is in contrast to many other countries where property taxes are a common source of local government revenue.
Investmentvisa
investmentvisa.com › home › news and media › countries with no property tax: where you can truly own real estate in 2026
Countries With No Property Tax: Where You Can Truly Own Real Estate in 2026
1 week ago - Cyprus abolished its annual property tax and remains one of Europe’s most competitive low-tax environments. Corporate and personal income tax rates are among the lowest in the EU, and residency through real estate is straightforward. With its strategic geography and investor-friendly policies, Cyprus blends Mediterranean lifestyle with financial logic. These countries remind investors that success is not always about avoiding taxes completely.
Mirabello Consultancy
mirabelloconsultancy.com › blog › countries-with-no-property-tax-for-foreigners
Countries With No Property Tax For Foreigners
It’s important to note that while some countries may not have property taxes, they might have other forms of taxation or fees associated with property ownership, such as stamp duties, registration fees, or rental income taxes. Consult with local specialists, like Mirabello Consultancy, for the most current information. ... According to the Tax Foundation, from 2020 until 2023, Luxembourg has consistently had the lowest property tax revenue as a share of its private capital stock, at 0.05 percent.
Global Property Guide
globalpropertyguide.com › investor-insights › countries-with-no-or-low-annual-property-taxes
Countries with No Annual Property Tax (2025)
When buying property overseas, one of the most overlooked but important costs is the annual property (holding) tax. While many countries impose recurring charges on property owners, often 0.5%–2% of the property’s value per year, some countries do not levy such a tax at all, or apply only a minimal rate.
Wikipedia
en.wikipedia.org › wiki › Property_tax
Property tax - Wikipedia
13 hours ago - Examples of property classes are residential, commercial, industrial and vacant real property. In Israel, for example, property tax rates are double for vacant apartments versus occupied apartments. France has a tax on vacant properties, which successfully reduced the vacancy rate. A special assessment tax is sometimes confused with property tax.
Global Property Guide
globalpropertyguide.com › most-highly-taxed-cities
Global Real Estate Taxes by Country
Real estate related taxes are a major part of the true cost of owning property abroad. Our research team has compared real estate taxation in 80+ countries, making it easy to benchmark markets side by side.