What type of taxes and fees do I have to pay when buying property in the UAE?
There is 0% property tax, 0% capital gains tax, 0% income tax, 0% corporate tax, and zero restrictions on capital repatration when you buy property in UAE freehold or free trade zones. However, you will be responsible for paying taxes on any profits you bring back into the U.S. Purchase fees are typically a standard 2% contract transfer fee, a low annual maintenance fee, and a 1.5% government fee to register your property and obtain a property title in your name once the unit is complete. Simple and affordable!
