Countries with a wealth tax

The jurisdictions that tax your net worth every year, the ones HNWIs plan around. Click any column to sort, click any row to open the country.

countries that levy a net wealth tax

A wealth tax is an annual charge on your net worth, not your income, so you pay it every year simply for owning assets above a threshold. Most countries have scrapped theirs because they are hard to enforce and push mobile wealth abroad, but a few still levy one, including Spain, Switzerland and Norway. For high-net-worth individuals this is often the single biggest reason to change tax residency. The countries below still charge an annual net wealth tax in 2026. Sort by any column, or jump to the ones in your region, and note that thresholds and rates vary widely, sometimes even between regions of the same country.

Europe (6)Asia-Pacific (1)Americas (6)Africa (1)

Country ▾	Income tax ▾	Corporate ▾	VAT ▾	Type
Venezuela	34%	34%	16%	Standard
Uruguay	36%	25%	22%	Territorial
Switzerland	45%	14.6%	8.1%	Standard
Spain	47%	25%	21%	Standard
Norway	47.4%	22%	25%	Standard
Netherlands	49.5%	25.8%	21%	Standard
Liechtenstein	22.4%	12.5%	8.1%	Standard
Guyana	35%	25%	14%	Standard
France	45%	25%	20%	Standard
Colombia	39%	35%	19%	Standard
Bolivia	13%	25%	13%	Territorial
Bangladesh	30%	27.5%	15%	Standard
Argentina	35%	35%	21%	Standard
Algeria	35%	26%	19%	Standard

Wealth tax countries in Europe

Europe stays within easy reach of the EU while still trimming your tax bill, which is why it draws so many nearby movers. 6 of the 14 countries with a wealth tax on this list are in Europe:

France, Liechtenstein, Netherlands, Norway, Spain, Switzerland.

Wealth tax countries in Asia-Pacific

Asia-Pacific blends territorial tax systems, low living costs and some of the fastest-growing economies on earth. 1 of the 14 countries with a wealth tax on this list is in Asia-Pacific:

Bangladesh.

Wealth tax countries in the Americas

The Americas offer territorial regimes and low-cost living within the same time zones as the United States. 6 of the 14 countries with a wealth tax on this list are in the Americas:

Argentina, Bolivia, Colombia, Guyana, Uruguay, Venezuela.

Wealth tax countries in Africa

A small group of African jurisdictions rounds out the low-tax map, usually through territorial or resource-driven regimes. 1 of the 14 countries with a wealth tax on this list is in Africa:

Algeria.

Countries with a wealth tax: frequently asked questions

Which countries have a wealth tax?

Spain, Switzerland and Norway are the best-known examples, and a small number of others levy one on specific assets. Spain also has a separate solidarity tax on large fortunes.

How does a wealth tax work?

It applies a small percentage each year to the value of your net assets above an exemption threshold, covering things like property, investments and cash, minus debts. Rates are usually well under 4%.

Can you avoid a wealth tax by moving?

Often yes, by becoming tax-resident in a country that does not levy one. Timing matters because the tax is assessed on a specific date each year, and some countries tax worldwide assets while you are resident.

Is a wealth tax the same as a property tax?

No. Property tax is charged on real estate whoever owns it. A wealth tax is charged on your total net worth, which can include property, investments, cash and other assets combined.

Keep exploring

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