Austria Wealth & Property Tax
Detailed wealth & property tax rates and rules for Austria in 2026.
Wealth Tax
Austria does not levy a wealth tax. The wealth tax was abolished in 1994. There have been ongoing political debates about reintroducing it, but no legislation has been enacted.
Wealth Tax Rate
0%
Inheritance / Estate Tax
Austria abolished inheritance and gift tax (Erbschafts- und Schenkungssteuer) in 2008 following a Constitutional Court ruling. However, real estate transfers by gift or inheritance are subject to a property transfer tax (Grunderwerbsteuer) of 0.5-3.5% depending on the value and relationship, plus a land registration fee of 1.1%.
Top Rate
0%
Property Tax
Austria levies an annual property tax (Grundsteuer) based on assessed values (Einheitswerte) that are significantly below market values (often based on 1973 valuations). The effective rate is very low, typically 0.05-0.2% of market value. Real estate transfer tax (Grunderwerbsteuer) of 3.5% applies to property purchases (0.5-3.5% for transfers within families). A land registration fee (Grundbucheintragung) of 1.1% also applies.
How Austria Wealth Tax compares
Austria does not tax net wealth. 191 of 203 countries TaxAtlas tracks take the same approach, which is useful context when weighing where to live, invest, or incorporate.
