Property transfer tax for investors to go up in 2021

What changes?

Do you invest in housing? From 1 January 2021, you will no longer be able to use the reduced tariff of 2% on your property transfer tax. You will have to pay 8%. This is the same amount as will be charged for other immovable goods investments. The property transfer tax for commercial buildings will be raised from 6 to 8%.

For whom?

• Entrepreneurs who invest in immovable goods (housing).

When?

The change in law will come into force on 1 January 2021.