Please feel free to add to the community any information regarding houses abroad, whether it is tax legal, financial, commercial or social.
Mongolia
1. The tax rate for transferring real estate in Mongolia is typically 2-3% of the transaction value.
2. The tax rate for renting out a house in Mongolia is generally around 10% of the rental income.
3. The top 5 most popular regions to live in Mongolia are Ulaanbaatar, Darkhan-Uul, Orkhon, Khentii, and Bayan-Ulgii. Ulaanbaatar, the capital city, is the most populous and developed region in the country.
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