Home » Trinidad and Tobago » Trinidad and Tobago – Property Taxes

Trinidad and Tobago – Property Taxes

Property Tax

  • Property tax is a tax levied on all properties in Trinidad and Tobago, including residential and commercial.
  • The amount of property tax is calculated based on the market value of the property and is due annually.
  • The rate of property tax in Trinidad and Tobago ranges from 0.2% to 0.6%.

Capital Gains Tax (CGT)

  • CGT is a tax levied on the profit made from selling a property in Trinidad and Tobago.
  • CGT is calculated as a percentage of the profit made from the sale, which is calculated as the difference between the purchase price and the selling price of the property.
  • The current rate of CGT in Trinidad and Tobago is 15%.

Inheritance Tax

  • Inheritance tax is a tax levied on the transfer of property through inheritance in Trinidad and Tobago.
  • The tax is calculated based on the market value of the property at the time of transfer.
  • There is no inheritance tax in Trinidad and Tobago.

Gift Tax

  • Gift tax is a tax levied on the transfer of property as a gift in Trinidad and Tobago.
  • The tax is calculated based on the market value of the property at the time of transfer.
  • There is no gift tax in Trinidad and Tobago.

Tax on Property Income

  • Property income tax is a tax levied on rental income generated from a property in Trinidad and Tobago.
  • The tax is calculated as a percentage of the rental income and is due annually.
  • The current rate of property income tax in Trinidad and Tobago is 25%.

Tax Advantages in Buying a House in Trinidad and Tobago


Get Our Best Articles Every Month!

Get our free moving abroad email course AND our top stories in your inbox every month


Unsubscribe any time. We respect your privacy - read our privacy policy.


  • No inheritance tax or gift tax.
  • Tax relief for first-time homebuyers.
  • Tax relief for home improvement expenses.
  • Tax relief for mortgage interest payments.


Latest Videos

Expat Focus Financial Update February 2024 #expat #expatlife

Expat Focus 28 February 2024 2:53 pm

This error message is only visible to WordPress admins

Important: No API Key Entered.

Many features are not available without adding an API Key. Please go to the YouTube Feeds settings page to add an API key after following these instructions.