Tax Requirements

Global residential sales have joined forces with Property Tax International in order to offer tax assitance Worldwide. Property Tax International (PTI) is an international tax accounting firm specialising in book-keeping services for investors and homeowners in the overseas property market.

PTI’s team of in-house tax accountants are specialists in their chosen market. The dedicated tax research team ensures that we have the latest information on constantly changing tax laws and regulations ensuring that our clients make full use of available Double Tax Treaties and other relevant tax legislations.

Buying property overseas can be an exciting yet daunting experience thus working with PTI we aim to assist and guide the customer through the local fiscal maze. The team offer assistance in two main areas; pre-purchase tax reports that ensure our customers are fully aware of their tax obligations and also an international tax filings service to ensure compliance with the necessary tax return obligations in that respective country.

At PTI we understand that each persons reasons for purchasing a property abroad can vary which is why we have introduced a Pre Purchase Tax Report to suit the individual requirements of the investor. Each report is specifically tailored to the individual needs of your property.

If you want to properly budget for your property you would first need to know the actual cost of the property once all the applicable taxes and legal fees have been incorporated and that only covers what you would have to pay upfront. Then, there are the ongoing costs to consider: would the projected return cover the ongoing costs i.e. if a mortgage was taken out would the projected rental income cover repayments once taxes and associated costs have been addressed etc.

Your individually tailored Pre Purchase Report gives you the information you need to ensure you are fully aware of the actual cost of your intended property purchase.
Simply complete the form below and a PTI Tax Specialist will call you back!

Like all investments preparation and research are fundamental areas to address if you want to maximise your return-on-investment. At PTI we ensure that your tax obligations are met and that you only pay what taxes you absolutely have to. The following guides provide a generic tax overview of the specified country.

OVERSEAS TAX RETURNS:

Completion and filing of Foreign Income Tax Returns:
Tax returns filed for: Bulgaria - France - Germany - Hungary - Ireland - Poland - Portugal - Spain - Turkey - UK

Current year tax return - Individual & Company returns, VAT returns Prior year tax returns - at a discounted fee * If there is more than one owner of the same property, the fee for second and subsequent annual tax return will be offered at a 50% discount per person.

NB: If you are in receipt of rental income you have a tax obligation to declare this income both in the country in which income was received and in your country of residence.
** If you do not let your Spanish property you still have to file a 'Deemed Rental Income' tax return before the Spanish tax office.

INTERNATIONAL TAX GUIDES

Brazilian Property Tax	Hungarian Property Tax	Turkish Property Tax
Bulgarian Property Tax	Italian Property Tax	UK Property Tax
Croatian Property Tax	Polish Property Tax	USA Property Tax
French Property Tax	Portuguese Property Tax
German Property Tax	Spanish Property Tax