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Net wealth/worth tax rates
Headline rates for WWTS territories
The headline net wealth/worth tax rate is generally the highest statutory net wealth/worth tax rate.
This table provides an overview only. See the territory summaries for more detailed information.
| Territory | Headline net wealth/worth tax rate (%) |
|---|---|
| Albania (Last reviewed 17 January 2025) | NA |
| Algeria (Last reviewed 31 May 2024) | 1 |
| Angola (Last reviewed 18 December 2024) | NA |
| Argentina (Last reviewed 13 May 2024) | 0.50% to 1.5%. (fiscal year 2023). 0.50% to 1.25%. (fiscal year 2024). 0.50% to 1%. (fiscal year 2025). 0.50% to 0.75%. (fiscal year 2026). 0.25% (fiscal year 2027). |
| Armenia (Last reviewed 27 December 2024) | NA |
| Australia (Last reviewed 16 December 2024) | NA |
| Austria (Last reviewed 20 January 2025) | NA |
| Azerbaijan (Last reviewed 17 September 2024) | NP |
| Bahrain (Last reviewed 20 March 2024) | NA |
| Bangladesh (Last reviewed 03 January 2025) | Please refer to Surcharge on total income tax in the Taxes on personal income section for details on the surcharge based on net wealth. |
| Barbados (Last reviewed 28 August 2024) | NA |
| Belgium (Last reviewed 28 August 2024) | Annual tax on securities accounts (version 2.0) levied at a rate of 0.15% on the average value of the account in excess of EUR 1 million. |
| Bermuda (Last reviewed 01 April 2024) | NA |
| Bolivia (Last reviewed 20 January 2025) | 2.4 |
| Bosnia and Herzegovina (Last reviewed 23 August 2024) | NP |
| Botswana (Last reviewed 19 April 2024) | NA |
| Brazil (Last reviewed 29 October 2024) | NA |
| Bulgaria (Last reviewed 11 June 2024) | NA |
| Cabo Verde (Last reviewed 13 August 2024) | NP |
| Cambodia (Last reviewed 19 September 2024) | NA |
| Cameroon, Republic of (Last reviewed 12 August 2024) | NA |
| Canada (Last reviewed 10 December 2024) | NA |
| Cayman Islands (Last reviewed 29 November 2024) | NA |
| Chad (Last reviewed 12 August 2024) | NA |
| Chile (Last reviewed 06 January 2025) | NA |
| China, People's Republic of (Last reviewed 03 January 2025) | NA |
| Colombia (Last reviewed 22 July 2024) | 1.5% until 2026; 1% 2027 onwards |
| Congo, Democratic Republic of the (Last reviewed 15 October 2024) | NA |
| Congo, Republic of (Last reviewed 22 January 2025) | NP |
| Costa Rica (Last reviewed 15 January 2025) | Costa Rica does not have a net wealth/worth tax. |
| Croatia (Last reviewed 07 January 2025) | NA |
| Cyprus (Last reviewed 17 December 2024) | NA |
| Czech Republic (Last reviewed 21 January 2025) | NA |
| Denmark (Last reviewed 17 September 2024) | NA |
| Dominican Republic (Last reviewed 29 November 2024) | NA |
| Ecuador (Last reviewed 06 September 2024) | 0.15 |
| Egypt (Last reviewed 31 July 2024) | NA |
| El Salvador (Last reviewed 20 September 2024) | NA |
| Equatorial Guinea (Last reviewed 07 May 2024) | NA |
| Estonia (Last reviewed 19 July 2024) | NA |
| Eswatini (Last reviewed 15 August 2024) | NA |
| Ethiopia (Last reviewed 14 August 2024) | NA |
| Finland (Last reviewed 17 July 2024) | NA |
| France (Last reviewed 18 March 2024) | 1.5 |
| Gabon (Last reviewed 04 March 2024) | NP |
| Georgia (Last reviewed 31 December 2024) | NA |
| Germany (Last reviewed 28 December 2024) | NA |
| Ghana (Last reviewed 03 December 2024) | NA |
| Gibraltar (Last reviewed 25 September 2024) | NA |
| Greece (Last reviewed 05 September 2024) | NA |
| Greenland (Last reviewed 02 December 2024) | NA |
| Guatemala (Last reviewed 16 January 2025) | NP |
| Guernsey, Channel Islands (Last reviewed 18 December 2024) | NA |
| Guyana (Last reviewed 14 October 2024) | NA |
| Honduras (Last reviewed 20 January 2025) | NP |
| Hong Kong SAR (Last reviewed 03 January 2025) | NA |
| Hungary (Last reviewed 15 July 2024) | N/A |
| Iceland (Last reviewed 05 September 2024) | NA |
| India (Last reviewed 17 December 2024) | NA |
| Indonesia (Last reviewed 23 December 2024) | NA |
| Iraq (Last reviewed 19 January 2025) | NA |
| Ireland (Last reviewed 17 July 2024) | NA |
| Isle of Man (Last reviewed 30 July 2024) | NA |
| Israel (Last reviewed 17 September 2024) | NA |
| Italy (Last reviewed 12 July 2024) | Wealth tax on real estate properties owned outside of Italy (IVIE): 0.76%; Wealth tax on investments owned outside of Italy (IVAFE): 0.2%. |
| Ivory Coast (Côte d'Ivoire) (Last reviewed 20 November 2024) | NP |
| Jamaica (Last reviewed 02 August 2024) | NA |
| Japan (Last reviewed 09 July 2024) | NA |
| Jersey, Channel Islands (Last reviewed 08 January 2025) | NA |
| Jordan (Last reviewed 03 June 2024) | NA |
| Kazakhstan (Last reviewed 02 December 2024) | NA |
| Kenya (Last reviewed 11 July 2024) | NP |
| Korea, Republic of (Last reviewed 23 December 2024) | NA |
| Kosovo (Last reviewed 22 January 2025) | NA |
| Kuwait (Last reviewed 14 August 2024) | NA |
| Kyrgyzstan (Last reviewed 25 July 2024) | NA |
| Lao PDR (Last reviewed 20 August 2024) | NA |
| Latvia (Last reviewed 16 January 2025) | NA |
| Lebanon (Last reviewed 09 January 2025) | NA |
| Libya (Last reviewed 01 December 2024) | NA |
| Liechtenstein (Last reviewed 09 June 2024) | The wealth tax is included in the income tax by including a deemed interest on the net wealth which is added to the taxable basis. |
| Lithuania (Last reviewed 08 August 2024) | NA |
| Luxembourg (Last reviewed 21 January 2025) | 0.5% up to EUR 500 million and 0.05% for any amount in excess of EUR 500 million. |
| Macau SAR (Last reviewed 18 December 2024) | NA |
| Madagascar (Last reviewed 17 September 2024) | NA |
| Malawi (Last reviewed 17 September 2024) | NA |
| Malaysia (Last reviewed 13 December 2024) | NA |
| Malta (Last reviewed 24 September 2024) | NA |
| Mauritania (Last reviewed 18 July 2024) | NA |
| Mauritius (Last reviewed 16 December 2024) | NA |
| Mexico (Last reviewed 26 July 2024) | NA |
| Moldova (Last reviewed 20 January 2025) | 0.8 |
| Mongolia (Last reviewed 06 January 2025) | NA |
| Montenegro (Last reviewed 12 June 2024) | NA |
| Morocco (Last reviewed 26 July 2024) | NP |
| Mozambique (Last reviewed 09 January 2025) | NA |
| Myanmar (Last reviewed 19 July 2024) | NA |
| Namibia, Republic of (Last reviewed 17 December 2024) | NA |
| Netherlands (Last reviewed 16 January 2025) | The Netherlands have no tax on wealth, but they do have a tax on a fixed return on wealth. |
| New Caledonia (Last reviewed 16 April 2024) | NA |
| New Zealand (Last reviewed 20 December 2024) | NA |
| Nicaragua (Last reviewed 19 December 2024) | NA |
| Nigeria (Last reviewed 16 September 2024) | NA |
| North Macedonia (Last reviewed 22 January 2025) | NP |
| Norway (Last reviewed 14 January 2025) | 1.0 (1.1 on wealth exceeding NOK 20m) |
| Oman (Last reviewed 01 January 2025) | NA |
| Pakistan (Last reviewed 18 December 2024) | 1 |
| Palestinian territories (Last reviewed 22 January 2025) | NA |
| Panama (Last reviewed 21 January 2025) | NA |
| Papua New Guinea (Last reviewed 13 August 2024) | NA |
| Paraguay (Last reviewed 31 May 2024) | NA |
| Peru (Last reviewed 24 July 2024) | NP |
| Philippines (Last reviewed 01 August 2024) | NA |
| Poland (Last reviewed 22 July 2024) | NA |
| Portugal (Last reviewed 21 July 2024) | NA |
| Puerto Rico (Last reviewed 10 November 2023) | NA |
| Qatar (Last reviewed 03 April 2024) | NA |
| Romania (Last reviewed 25 April 2024) | NA |
| Rwanda (Last reviewed 20 July 2024) | NA |
| Saint Lucia (Last reviewed 28 August 2024) | NA |
| Saudi Arabia (Last reviewed 21 July 2024) | NA |
| Senegal (Last reviewed 19 July 2024) | NA |
| Serbia (Last reviewed 12 June 2024) | NA |
| Singapore (Last reviewed 30 May 2024) | NA |
| Slovak Republic (Last reviewed 16 October 2024) | NA |
| Slovenia (Last reviewed 07 January 2025) | NA |
| South Africa (Last reviewed 11 December 2024) | NA |
| Spain (Last reviewed 30 June 2024) | 3.5% according to the state tax scale, which is applicable if the autonomous community has not approved its own tax scale. |
| Sweden (Last reviewed 27 December 2024) | NA |
| Switzerland (Last reviewed 16 January 2025) | Federal: Exempt. Cantonal and communal personal net wealth tax rates vary per canton, resulting in an overall personal net wealth tax rate between 0.02% and 1.03%. |
| Taiwan (Last reviewed 19 August 2024) | NA |
| Tajikistan (Last reviewed 12 June 2024) | NA |
| Tanzania (Last reviewed 20 January 2025) | NA |
| Thailand (Last reviewed 17 January 2025) | NA |
| Timor-Leste (Last reviewed 23 July 2024) | NA |
| Trinidad and Tobago (Last reviewed 17 September 2024) | NA |
| Tunisia (Last reviewed 13 December 2024) | 0.5 |
| Turkey (Last reviewed 02 May 2024) | NA |
| Turkmenistan (Last reviewed 02 July 2024) | NA |
| Uganda (Last reviewed 20 September 2024) | NA |
| Ukraine (Last reviewed 30 December 2024) | NA |
| United Arab Emirates (Last reviewed 24 July 2024) | NA |
| United Kingdom (Last reviewed 15 December 2024) | NA |
| United States (Last reviewed 13 August 2024) | NA |
| Uruguay (Last reviewed 02 September 2024) | Individuals are subject to NWT at a progressive scale of rates. For non-residents that are not subject to IRNR: 0.7% to 1.5%. For residents and non-residents subject to IRNR: 0.1% to 0.2%. |
| Uzbekistan, Republic of (Last reviewed 08 August 2024) | NA |
| Venezuela (Last reviewed 23 December 2024) | 0.25 |
| Vietnam (Last reviewed 22 August 2024) | NA |
| Zambia (Last reviewed 17 May 2024) | NA |
| Zimbabwe (Last reviewed 20 November 2024) | NP |