Rental Income Tax in Philippines compared to Asia
Philippines: Rental income taxes (%).
Tax on the average annual rental income in the country, based on the following assumptions:
- Gross rental income: $1,500/month
- Owned by a foreign, non-resident individual
- No other local income, no mortgage
These figures are for reference only; always consult a reputable lawyer for accurate advice. In many countries, it is more tax-efficient to buy and rent through a company. For more information on property taxes, click on the country links. Updated biannually.
Last updated October, 2024
| Malaysia |
30.00%
|
| Philippines |
25.00%
|
| Singapore |
24.00%
|
| Indonesia |
20.00%
|
| Taiwan |
18.00%
|
| Hong Kong |
15.00%
|
| Vietnam |
10.00%
|
| India |
10.00%
|
| Georgia |
5.00%
|
| Japan |
3.40%
|
| Thailand |
2.73%
|
Philippines real estate data, including prices, rents, and sizes in square meters, has been compiled and analyzed from the following sources:
- Bangko Sentral ng Pilipinas
- Lamudi