Property abroad
Danish tax on your
property abroad
Personal help when you buy, own, let out or sell a property abroad. Our office is in Hillerød, and we make sure your Danish tax adds up – even when the property is far away.
Does this sound like you?
You are buying a property abroad
The Danish Tax Agency is not notified automatically. You have to register the property yourself so property value tax and interest deductions are correct.
Property value taxYou own a holiday home abroad
There is no Danish public valuation. You have to calculate and report a market value yourself every year.
LettingYou let out your property abroad
The rental income is also taxed in Denmark. We choose the deduction method that best fits how you let it out.
Sale and inheritanceYou are selling or passing on the property
A sale can be tax-free under Danish rules, and inheritance and gifts can trigger Danish duty. We review both countries.
What you need to know about property abroad
Danish property value tax
If you are fully liable to tax in Denmark, you generally pay Danish property value tax on your home or holiday home abroad – even if you pay property tax in the country where it is located.
You calculate the value yourself
Properties abroad have no Danish public valuation. The market value is based on the purchase price in Danish kroner, adjusted with a price index. For 2025 and 2026, the value as at 1 January 2024 is used.
The rates
Property value tax is 5.1 per mille of the tax base up to a threshold and 14 per mille of the rest. If you have a loan for the property, you can generally deduct the interest.
Letting in 2026
If you let out part of the year, you can choose a basic deduction of DKK 13,800 (DKK 50,200 through an agency that reports the income) plus 40 per cent of the rest – or deduct your actual expenses.
How we help
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First
We review your property
Purchase, loans, ownership share and use of the property – so we know what must be reported and how the value is calculated.
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Then
We calculate and report
Market value, property value tax and any rental income are calculated and correctly included in your preliminary and annual assessments.
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Ongoing
Both countries add up
We make sure Danish tax and tax in the country where the property is located fit together, so you do not pay tax twice.
Frequently asked questions
Do I pay Danish tax on my property abroad?
Yes, as a rule. If you are fully liable to tax in Denmark, you pay Danish property value tax on a home or holiday home abroad in the same way as if it were in Denmark. Letting out or selling the property can also affect your Danish tax.
How do I find the market value of the property?
You calculate it yourself from the price you paid, converted into Danish kroner and adjusted with a price index for the country – or a Danish one if no approved index exists. The Danish Tax Agency has a calculator on skat.dk. If the value is based on anything other than purchase price and price index, 80 per cent of the value is taxed.
What do I need to report when I buy?
The full address of the property, the price converted into Danish kroner, the takeover date and your ownership share if there are several owners. If you buy this year, the property is reported on your preliminary income assessment. After that, the market value, interest expenses and any rental income must be reported every year.
Is the rental income taxed twice?
It should not be. You pay Danish tax on the rental income, but the tax you have paid in the country where the property is located can reduce the Danish tax. You have to calculate and report the rental income yourself, because a property abroad has no Danish property number.
Is the gain tax-free when I sell?
Generally yes, if you or your household have used the property yourselves – including a holiday home abroad. The plot should generally be under 1,400 m², and if the property has only been let out, the gain is taxable. The country where the property is located may tax the sale under its own rules.
What happens with inheritance or gifts?
If the deceased was domiciled in Denmark, the property is included in Danish estate duty: 15 per cent of the part of the inheritance above DKK 392,300 in 2026. If the property is given as a gift to, for example, children, DKK 80,600 is duty-free in 2026, and 15 per cent gift duty is paid on the rest.
Your advisers
Meet the whole team at inwema.dk-
Hans Birkholm
Tax partner
Lawyer and tax auditor with 30 years of experience in international tax.
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Finn Hansen
Head of tax
Degrees in auditing and law, with more than 35 years of experience in personal tax.
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Sylvester Sandager
Tax manager
Advises on international personal tax.
Want to know more? At inwema.dk you will find guides on tax, pensions and property when life crosses borders.
See all guides at inwema.dkShall we look at your situation?
Write a few lines about where the property is located and what you are unsure about. Then we will have a no-obligation chat.