Six Countries With No Property Tax In Europe

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Here at Nomad Capitalist, we frequently discuss the idea that governments thrive on taxing the “evil rich.” It also gives birth to the question of whether such a utopia exists where there are no property taxes.

It’s no secret.

Because of this, high-net-worth individuals and nomadic entrepreneurs are engaged in a different kind of business: looking beyond their borders to find countries that offer them something better.

If you are in that camp, you are likely asking, “Where can I legally pay less tax?

What countries are welcoming to people who want to internationalize and establish a home without paying high taxes on their properties?” Unfortunately, almost since the beginning of time, many governments have taken the attitude of “the higher the taxes, the better”— including property taxes.

But not all countries have this attitude.

In this video, Sadife, our Strategy Associate shares six places with no property tax in Europe.

00:00 Start
0:30 Property Taxes in Croatia
1:50 Taxes in the Faroe Islands
2:33 Taxes in Georgia
2:55 Taxes in Liechtenstein
3:46 Taxes in Malta
5:19 Taxes in Monaco

Nomad Capitalist helps clients "go where you're treated best". We are the world's most sought-after firm for offshore tax planning, dual citizenship, and international diversification and asset protection. We use legal and ethical strategies and work exclusively with seven- and eight-figure entrepreneurs and investors.

We create and execute holistic, multi-jurisdictional Plans that help clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against threats in their home country.

No other firm offers clients access to more potential options to relocate to, bank in, or become a citizen of. Because we do not focus only on one or a handful of countries, we can offer unbiased advice where others can't.

DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.

[Murmilone]

Here in Russia we pay 0.1% of cadastre value tax for houses and apartments and 0.3% for land. I pay about $80-$100 per year for an apartment, a small 100 sq.m. house and a 1850 sq.m. land plot.

[bootmender]

All I heard was TAX TAX TAX. Then for most of that part of the world you betting have earthquake insurance.

[usbackcountry]

Sweden also does not have a realestate prooerty tax.

[magnolya]

Researching this very topic. Synchronicity 🌊

[lenrman]

Malta has run out of water and has to use desalination plants.
Also, cannot feed itself so has to import a lot of its food.

[profitsdaily]

"I have not failed. I've just found 10, 000 ways that won't work." -Thomas A. Edison

[renatosureal]

ROMENIA. virtually NO condo fees nor Property taxes. Ridiculously low... not even USD 100/yr.

[bearberenstein]

Will you guys be addressing the very real possibility of zero private property ownership by 2030 if the WEF gets their way?

[timtravelnomad]

They missed countries in Europe...
E.g Cyprus currently has no annual property tax.

[V-Lo]

And you’re not forced to buy homeowners insurance.

[ardentenquirer]

What other countries around the world have no property taxes? --- Is there a place where you can just buy and retire?

[Christoph]

Ummm it does NOT appear as though Foreigners may Buy RE in Faroe Islands...?

[TravAlligator]

If click bait was a Championship, this Video would take the CUP! 😆

[kinvert]

The combination of no property tax and strong 2nd Amendment type rights is what I'm hoping for.

[sparkle]

Taxes only started so we can all take responsibility for, sewage systems, clean water filter, dames, Bridges, Road Repair and Tree upkeep, from falling on electrical lines. Right?

[tpxrp]

Have ya'll done a video on Costa Rica?

[micomarinas]

Liechtenstein and Monaco are my first two real estate that I would like to invest😉🔺. I'm so inspired by sadife's beauty❤️

[AmatriceBand]

You’ll end up paying a lot of tax through any instrument or economic ailments anywhere. You don’t pay property tax there but I bet they have other taxes that are higher than other countries. At the end only the working class suffers anywhere.

[waynebruce]

Quality of Nomad Capitalist videos has gone down.