The transfer fees are paid on transfers of immovable property and are calculated on the market value of the property which is estimated by the Land Registry Department.

Market ValueRateFeesTotal Fees
0 - 85,00032,2502,250
85,000 - 170,00054,2506,800
above 170,0008to be estimatedto be estimated


Transfer fees paid on the transfer of property to a family company are refunded in five years provided the company still owns the property and there have not been any changes to its shareholders.

On the transfer of immovable property from a family company to its shareholders as well as on transfers by donation between spouses, spouses and children or relatives up to third degree of kindred, transfer fees are calculated on the value of the property as at 1 January 1980 at the following rates:

  • Transfer to spouse 0,4%
  • Transfer to children 0,2%
  • Transfer to relative 0,4%

Transfers of immovable property by a company to another company for the purpose of a company re-organisation are exempt from transfer fees.

For the period 2/12/2011 - 31/12/2016 the following apply:

  1. Exemption from transfer fees if the transfer relates to a transaction that is subject to VAT. (eg. brand new property)
  2. In case a transaction is not subject to VAT (eg. used property), the legislation provides for an exemption of 50% of the transfer fees under the condition that such property is sold for the first time from the date of issue of the relevant building permit.