World Map
Global Property Guide Logo

Financial Information for the Residential Property Buyer

Pacific Africa Latin America Asia Middle East Caribbean Europe North America
 
 

Africa

Capital Gains Tax (Effective) in Africa

Footnote | Export Sort: Alphabetically | Ascending Rank | Descending Rank

Click name of country for detailed information
Zimbabwe 50.00%
Uganda 40.00%
Zambia 35.00%
Reunion Is. 33.30%
Senegal 30.00%
Botswana 25.00%
Tanzania 20.00%
Cape Verde 20.00%
Ghana 15.00%
South Africa 13.65%
Nigeria 10.00%
Gambia 5.00%
Namibia 0.00%
Kenya 0.00%
Mauritius 0.00%
Seychelles 0.00%

Africa: Capital gains taxes (%).

In arriving at effective capital gains tax rates, the Global Property Guide makes the following assumptions:

  • The property is directly and jointly owned by husband and wife;
  • They have owned it for 10 years;
  • It is their only source of capital gains in the country
  • It has appreciated in value by 100% over the 10 years to sale
  • The property was worth US$250,000 or 250,000 at purchase.
  • It is not their sole or principal residence.


These assumptions are critical. In many countries a holding period of less than 5 years results in capital gains being taxable. But a longer holding period often results in no capital gains tax being payable. For more details see the Data FAQ


Source: Global Property Guide Research, Contributing Accounting Firms

Statistics for Africa. Africa is a desert so far as house-price statistics are concerned. The exception is South Africa, where ABSA Group releases good house price data, and has a monthly house price index.

Advertisement

Title: Residential property markets and investments in Africa

Description: Opportunities in residential property investment in Africa. A comparison of African countries on the basis of rental yields, taxes and investment prospects.

Keywords: global property guide, property guide, global property, africa, rental yields, overseas property, property markets, property investments