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Kuwait – Property Taxes

  • There is no property tax in Kuwait.

Capital Gains Tax (CGT)

  • There is no CGT in Kuwait.

Inheritance Tax

  • There is no inheritance tax in Kuwait.

Gift Tax

  • There is no gift tax in Kuwait.

Tax on Property Income

  • Income earned from renting out property in Kuwait is subject to income tax, with a flat rate of 10% on rental income.

Tax Advantages

  • As Kuwait does not have property tax, CGT, inheritance tax and gift tax, buying a house in Kuwait would not have any tax advantages in those areas.

  • However, foreign buyers may take advantage of the 100% foreign ownership laws in Kuwait where they can own properties without any restrictions. Additionally, investors may also take advantage of the country’s favorable economic conditions.

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