They vary by country, but the most common taxes are:
- Property transfer taxes
- Ongoing property taxes
- Capital gains tax when selling the property – there are some exceptions here, like in New Zealand, where CGT is reserved for investment properties and doesn’t apply if you lived there for a certain time period.
- Income taxes if you rent out the property
Double-check whether your home country has any tax treaties with the country you’re purchasing property in so that you can avoid double taxation.
