Property Taxes: What Investors Need to Know

When investing in foreign real estate, it's important to understand the country's tax system. Let's review key taxation aspects in popular jurisdictions.

UAE (Dubai)

Advantages:

• No property tax
• Zero income tax
• No capital gains tax

Costs:

• Registration fee: 4%
• Annual service charge: 1-3% of value

Russia

Taxes:

• Property tax: 0.1-2% depending on cadastral value
• Income tax on sale: 13% (can be avoided with >5 years ownership)
• Rental income tax: 13%

Thailand

Taxes:

• Land and Building Tax: 0.02-0.1%
• Withholding Tax: 1-5% on rental income
• Sale tax: 3.3% + 1% stamp duty

Cyprus

Taxes:

• Municipal Tax: 0.15-0.25%
• Capital gains tax: 20%
• Rental tax: up to 35% progressive scale

Recommendations

1. Consult with tax advisor before purchase
2. Account for all costs when calculating returns
3. Study tax treaties between countries
4. Plan tax optimization in advance

Contact our experts for detailed tax consultation.