Latitax

Not a Latitax destination

Venezuela

Treaty with the UK exists but sanctions, currency controls and a wealth tax make it a jurisdiction to avoid for residence or holding structures.

Capital gains

Secondary

Taxed as ordinary income

Source: PwC Worldwide Tax Summaries - Venezuela · checked 2026-09-29

Inheritance

Unverified

Up to 25% (direct line)

Not confirmed from a primary source.

Source: PwC Worldwide Tax Summaries - Venezuela · checked 2026-09-29

Wealth tax

Unverified

Up to 1.5% (large-equity tax)

Large Equity Tax applies to individuals with net worth above a high threshold; rate range and threshold not confirmed.

Source: PwC Worldwide Tax Summaries - Venezuela · checked 2026-09-29

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  1. s1PwC Worldwide Tax Summaries - Venezuelasecondary · checked 2026-09-29
  2. s2GOV.UK - Tax treatiesprimary · checked 2026-09-29