Some of the changes proposed by the Ministry of Finance are aimed at adapting the tax system to the new cadastral valuations of real estate, while others are aimed at simplifying tax administration and combating speculative transactions.
Specifically, the draft simplifies the criteria for applying the luxury or property tax. It will now apply to residential real estate, including vacation homes, with a total value of at least 5 million lei, excluding the value of the land parcels. It is proposed to maintain the tax rate at 0.8% of the taxable base—the assessed value of the property as determined by local cadastral authorities.
The aim of the changes is to adapt the taxation mechanism to the new cadastral assessments and make it more transparent and predictable.
Currently, property tax applies to residential real estate that meets both of the following conditions: its value is at least 200 times the projected average monthly wage for the economy, and its total area is at least 120 square meters.
It should be noted that, in accordance with the Tax Code of Moldova, real estate intended for residential use, including vacation cottages (excluding land plots), as well as shares thereof.
Tags: property tax, draft budget, tax, and customs policy for 2027, Ministry of Finance.
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