Tunisia Implements Wealth Tax from 2026 on Assets Above 3 Million Dinars

Tunisia has enacted a new wealth tax, effective from 2026, aimed at individuals possessing a net worth of 3 million Tunisian dinars (approximately $950,000) or more. This progressive tax, detailed by the Ministry of Finance, broadens the scope from the previous real estate-focused tax to encompass all assets, including movable and financial holdings.

The tax structure features a progressive scale: 0.5% for net worth between 3 and 5 million dinars, and 1% for fortunes exceeding 5 million dinars. The tax administration will rely on taxpayer declarations but reserves the right to conduct audits and verification.

Significant exemptions are in place to mitigate the impact on certain assets. The primary residence is entirely excluded from the taxable base. Professional assets essential for declared business activities are also exempt. Additionally, regulated savings products, such as housing and educational savings accounts, certain life insurance contracts, and vehicles with engine power of 12 horsepower or less (unless used professionally), are not subject to the tax.

The new legislation also clarifies rules for family members. Assets of dependent minors will be included in the primary taxpayer's declaration, while adult children will file separately. In cases of co-ownership, each individual must declare their precise share. For tax purposes, Tunisian residents are taxed on assets both within Tunisia and abroad. Non-residents are only taxed on assets located within Tunisia. Taxpayers must submit their declarations and payments by June 30 each year.