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Acquire Real Estate without Cash, Get 30% VAT Refund – State Initiative Successful

  • Real estate can be acquired without cash, with 30% VAT refund
  • The process of refunding a portion of the VAT paid when purchasing real estate without cash continues in our country
  • This project allows citizens to receive a portion of their expenses back, encouraging cashless payments
  • The State Tax Service has prepared social cards to reach a wider audience with this project that promotes transparency in the economy
  • The next social card highlights the refund of 30% of the VAT paid when purchasing residential and non-residential areas during building construction activities for individuals.

Source: taxes.gov.az

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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