Quick Charts
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 05 July 2024) | NA |
Algeria (Last reviewed 31 May 2024) | 1 |
Angola (Last reviewed 25 June 2024) | NA |
Argentina (Last reviewed 13 May 2024) | 0.50% to 1.75% for assets held in Argentina and 0.7% to 2.25% for assets held abroad. |
Armenia (Last reviewed 17 July 2024) | NA |
Australia (Last reviewed 27 June 2024) | NA |
Austria (Last reviewed 04 July 2024) | NA |
Azerbaijan (Last reviewed 17 September 2024) | NP |
Bahrain (Last reviewed 20 March 2024) | NA |
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 17 September 2024) | 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 21 June 2024) | NA |
Cayman Islands (Last reviewed 29 November 2024) | NA |
Chad (Last reviewed 12 August 2024) | NA |
Chile (Last reviewed 17 July 2024) | NA |
China, People's Republic of (Last reviewed 28 June 2024) | 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 27 July 2024) | NP |
Costa Rica (Last reviewed 04 September 2024) | Costa Rica does not have a net wealth/worth tax. |
Croatia (Last reviewed 28 June 2024) | NA |
Cyprus (Last reviewed 21 June 2024) | NA |
Czech Republic (Last reviewed 01 July 2024) | 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 20 June 2024) | NA |
Germany (Last reviewed 27 June 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 17 July 2024) | NP |
Guernsey, Channel Islands (Last reviewed 28 June 2024) | NA |
Guyana (Last reviewed 14 October 2024) | NA |
Honduras (Last reviewed 18 July 2024) | NP |
Hong Kong SAR (Last reviewed 28 June 2024) | NA |
Hungary (Last reviewed 15 July 2024) | N/A |
Iceland (Last reviewed 05 September 2024) | NA |
India (Last reviewed 15 May 2024) | NA |
Indonesia (Last reviewed 27 June 2024) | NA |
Iraq (Last reviewed 18 July 2024) | 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 22 July 2024) | 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 13 June 2024) | NA |
Kosovo (Last reviewed 22 January 2024) | 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 01 July 2024) | NA |
Lebanon (Last reviewed 19 July 2024) | 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 22 August 2024) | 0.5% up to EUR 500 million and 0.05% for any amount in excess of EUR 500 million. |
Macau SAR (Last reviewed 06 June 2024) | NA |
Madagascar (Last reviewed 17 September 2024) | NA |
Malawi (Last reviewed 17 September 2024) | NA |
Malaysia (Last reviewed 26 June 2024) | NA |
Malta (Last reviewed 24 September 2024) | NA |
Mauritania (Last reviewed 18 July 2024) | NA |
Mauritius (Last reviewed 14 October 2024) | NA |
Mexico (Last reviewed 26 July 2024) | NA |
Moldova (Last reviewed 09 July 2024) | 0.8 |
Mongolia (Last reviewed 24 July 2024) | NA |
Montenegro (Last reviewed 12 June 2024) | NA |
Morocco (Last reviewed 26 July 2024) | NP |
Mozambique (Last reviewed 13 August 2024) | NA |
Myanmar (Last reviewed 19 July 2024) | NA |
Namibia, Republic of (Last reviewed 28 June 2024) | NA |
Netherlands (Last reviewed 28 November 2024) | 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 23 July 2024) | NA |
Nicaragua (Last reviewed 18 July 2024) | NA |
Nigeria (Last reviewed 16 September 2024) | NA |
North Macedonia (Last reviewed 19 July 2024) | NP |
Norway (Last reviewed 01 July 2024) | 1.0 (1.1 on wealth exceeding NOK 20m) |
Oman (Last reviewed 11 July 2024) | NA |
Pakistan (Last reviewed 01 August 2024) | 1 |
Palestinian territories (Last reviewed 23 July 2024) | NA |
Panama (Last reviewed 26 July 2024) | 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 12 July 2024) | NA |
South Africa (Last reviewed 06 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 06 September 2024) | NA |
Switzerland (Last reviewed 28 June 2024) | 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 26 September 2024) | NA |
Thailand (Last reviewed 16 October 2024) | NA |
Timor-Leste (Last reviewed 23 July 2024) | NA |
Trinidad and Tobago (Last reviewed 17 September 2024) | NA |
Tunisia (Last reviewed 23 July 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 28 June 2024) | NA |
United Arab Emirates (Last reviewed 24 July 2024) | NA |
United Kingdom (Last reviewed 08 July 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 29 June 2024) | 0.25 |
Vietnam (Last reviewed 22 August 2024) | NA |
Zambia (Last reviewed 17 May 2024) | NA |
Zimbabwe (Last reviewed 20 November 2024) | NP |