Slovakia - Property Tax
Slovakia has a fairly low tax regime and most taxes are a flat rate 19%. When it comes to buying property the taxes are low as there is no purchase tax currently but VAT on new builds is 19%.
The following taxes are relevant when purchasing property in Slovakia:
Slovakia Property - Buying Taxes
Slovakia Property Purchase Tax
There is no purchase tax (stamp duty) when purchasing property in Slovakia.
VAT on new build Slovak property
VAT is applied at the rate of 19% on new build property.
Slovakia Property - Selling Taxes
Slovak Property Sales Tax
Slovakian Property Transfer Tax was abolished on 1st January 2005.
Slovak Capital gains tax
The current rate in Slovakia is 19% (taxed as income).
For non-residents, there is no capital gains tax on property if a property is held for five years or more.
For residents, the period is two years.
For non-residents, there is no capital gains tax on property if a property is held for five years or more.
For residents, the period is two years.
Slovakia Property - Ongoing Taxes
Slovak Income Tax
Slovakia income tax is a flat rate 19%.
Slovak General Sales Tax (VAT)
The rate of Slovak VAT is 19%.
Slovak Corporation Tax
The Corporation tax rate in Slovakia is a flat rate 19%.
Slovak Property Annual Tax
There is a small annual tax payable on property in Slovakia.
The amount varies depending on the size and location of the property.
Often the annual tax amounts to less than 50 euros.