PAYMENTS & TAXES

Who pays Capital Gains Tax?

This depends on the agreement between buyer and seller. In many cases, the seller traditionally pays Capital Gains Tax, although arrangements may vary.

What taxes and fees should buyers expect?

Possible expenses may include:

• Documentary Stamp Tax
• transfer fees
• notarial fees
• registration fees
• survey costs
• legal assistance

Can foreigners pay through bank transfer?

Yes, many overseas buyers use international bank transfers, although banks may require supporting documents depending on the transaction.

Is installment payment possible?

Some property owners may offer installment payment arrangements depending on the agreement.