Transfer Duty
Act 6/2013 (Transfer Duties Amendment Act 2013)
Natural Persons
| Up to & including N$600’000.00 | N$0.00 |
| N$600’000.00 – N$1’000’000.00 | Purchase Price – N$600’000.00 x 1% |
| N$1’000’000.00 – N$2’000’000.00 | Purchase Price – N$1’000’000.00 x 5% + N$4’000.00 |
| N$2’000’000.00 + | Purchase Price – N$2’000’000.00 x 8% + N$54’000.00 |
Affirmative Action
| Up to & including N$1’500’000.00 | N$0.00 |
| N$1’500’000.00 – N$2’500’000.00 | Purchase Price – N$1’500’000.00 x 1% |
| N$2’500’000.00 + | Purchase Price – N$2’500’000.00 x 3% + N$10’000.00 |
Other than Natural Persons (CC/COY/Trust)
Purchase Price x 12%
Stamp Duty
Act 7/2013 (Stamp Duties Amendment Act 2013)
Transfer
Purchase Price – N$600’000.00 / 1’000 x 10
Other than Natural Persons (CC/COY/Trust)
Purchase Price / 1’000 x 12
Bond
Bond Amount x 0.5%
Fees for Conveyance of Immovable Property
Effective as from 02 May 2007
| Amount of Bond | Fees for Mortgage Bonds |
|---|---|
| N$20’000 or less | N$0.00 |
| Over N$20’000 up to and including N$30’000 | N$1’300.00 |
| Over N$30’000 up to and including N$45’000 | N$1’500.00 |
| Over N$45’000 up to and including N$60’000 | N$1’800.00 |
| Over N$60’000 up to and including N$70’000 | N$2’000.00 |
| Over N$70’000 up to and including N$80’000 | N$2’500.00 |
| Over N$80’000 up to and including N$90’000 | N$2’700.00 |
| Over N$90’000 up to and including N$100’000 | N$2’900.00 |
| Over N$100’000 up to and including N$125’000 | N$3’000.00 |
| Over N$125’000 up to and including N$150’000 | N$3’100.00 |
| Over N$150’000 up to and including N$175’000 | N$3’300.00 |
| Over N$175’000 up to and including N$200’000 | N$3’500.00 |
| Over N$200’000 up to and including N$250’000 | N$3’800.00 |
| Over N$250’000 up to and including N$300’000 | N$4’400.00 |
| Over N$300’000 up to and including N$350’000 | N$4’700.00 |
| Over N$350’000 up to and including N$400’000 | N$5’100.00 |
| Over N$400’000 up to and including N$450’000 | N$5’500.00 |
| Over N$450’000 up to and including N$500’000 | N$6’000.00 |
| Over N$500’000 | N$6’000.00 for the first N$500’000 plus N$800.00 per N$100’000 or part thereof above that up to and including N$1’000’000 whereafter the fee shall be N$400.00 per N$100’000 or part htereof up to and including N$5’000’000, whereafter the fee shall be N$200.00 per N$100’000 |
Fees for Mortgage Bonds
Effective as from 02 May 2007
| Amount of Bond | Fees for Mortgage Bonds |
|---|---|
| N$20’000 or less | N$550.00 |
| Over N$20’000 up to and including N$25’000 | N$850.00 |
| Over N$25’000 up to and including N$30’000 | N$900.00 |
| Over N$30’000 up to and including N$35’000 | N$1’000.00 |
| Over N$35’000 up to and including N$40’000 | N$1’100.00 |
| Over N$40’000 up to and including N$45’000 | N$1’150.00 |
| Over N$45’000 up to and including N$50’000 | N$1’200.00 |
| Over N$50’000 up to and including N$60’000 | N$1’300.00 |
| Over N$60’000 up to and including N$70’000 | N$1’400.00 |
| Over N$70’000 up to and including N$80’000 | N$1’600.00 |
| Over N$80’000 up to and including N$90’000 | N$1’700.00 |
| Over N$90’000 up to and including N$100’000 | N$1’800.00 |
| Over N$100’000 up to and including N$125’000 | N$1’900.00 |
| Over N$125’000 up to and including N$150’000 | N$2’000.00 |
| Over N$150’000 up to and including N$175’000 | N$2’100.00 |
| Over N$175’000 up to and including N$200’000 | N$2’200.00 |
| Over N$200’000 up to and including N$250’000 | N$2’400.00 |
| Over N$250’000 up to and including N$300’000 | N$2’700.00 |
| Over N$300’000 up to and including N$350’000 | N$3’000.00 |
| Over N$350’000 up to and including N$400’000 | N$3’400.00 |
| Over N$400’000 up to and including N$450’000 | N$3’700.00 |
| Over N$450’000 up to and including N$500’000 | N$4’000.00 |
| Over N$500’000 | N$4’000.00 for the first N$500’000 plus N$600.00 per N$100’000 or part thereof above that up to and including N$1’000’000 whereafter the fee shall be N$300.00 per N$100’000 or part htereof up to and including N$5’000’000, whereafter the fee shall be N$150.00 per N$100’000 |
