Skip to content
South Africa flag

South Africa Wealth & Property Tax

Detailed wealth & property tax rates and rules for South Africa in 2026.

Wealth TaxZAR

Wealth Tax

South Africa does not impose a wealth tax.

Wealth Tax Rate

0%

Inheritance / Estate Tax

Estate duty is levied at 20% on the first R30 million of the dutiable estate and 25% on amounts exceeding R30 million. A primary abatement of R3.5 million applies, and bequests to a surviving spouse are exempt.

Top Rate

25%

Property Tax

Municipal property rates are levied by local municipalities based on the market value of immovable property. Rates vary by municipality and property type. Transfer duty applies on property acquisitions not subject to VAT, at progressive rates from 0% to 13%.

How South Africa Wealth Tax compares

South Africa 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.

Other countries that also skip this tax

South Africa Wealth Tax FAQ