Luxembourg Wealth & Property Tax
Detailed wealth & property tax rates and rules for Luxembourg.
Wealth Tax
Luxembourg abolished the net wealth tax for individuals in 2006. Corporations are still subject to a minimum net wealth tax of €535 to €32,100 depending on their balance sheet, and a 0.5% net wealth tax on assets exceeding €500 million.
Wealth Tax Rate
0%
Inheritance / Estate Tax
Luxembourg levies inheritance tax (droits de succession) for residents, with rates depending on the relationship and value. Spouses and registered partners with children are exempt (or 5% without). Direct line descendants: 0-5%. Siblings: 6-15%. Unrelated: up to 48%. Non-resident inheritance is subject to transfer duties on Luxembourg real estate only.
Top Rate
48%
Property Tax
Luxembourg levies a very low annual property tax (impôt foncier) based on outdated unit values (dating from 1941), resulting in minimal effective rates (often under 0.1% of market value). A property reform is under consideration. Transfer duties on real estate sales total approximately 7% (6% registration duty + 1% transcription fee). A tax credit of €20,000 per buyer applies to the main residence.