Non-Danish property

If you have bought a home outside Denmark in 2025, you have to register the purchase in your tax assessment notice for 2025. If you have bought it in 2024, you will have to report in in your taxassessment notice for 2024.

But before you can do so, you need access to the relevant boxes.

How to prepare your tax assessmemt for registration of property:

1. Log  on to your tax assessment notice in E-tax
2. Select Change tax assessment notice
3. Scroll down and select Missing a box above?
4. Follow the instructions

You can also call us on 72 22 27 95 for help.  

When you can access the right boxes you need to enter the following:

• the estimated market value of your non-Danish property.
• possible property taxes you pay in the country your property is located.
• interest expenses if you have a mortgage.
• rental income if you rent out the property.
• possible savings in non-Danish banks or similar.
• capital value of the property.

Please read how you do it below.

Check/possibly change information about owner-occupied home in your tax assessment notice

When you own a non-Danish property, you must calculate and update the market value of the property each year.

It isn't yet possible to calculate the market value for non-Danish properties to be reported in the tax assessment notice for 2024. The reason is that the calculation requires an index based on the price development in 2024, which will not be available until April 2025.

Once the index for 2024 is available, you can read on this page how to calculate the market value and how to report the value in your tax assessment notice for 2024.

Note: You can report the market value of your non-Danish property up until 1 July 2025.

If you bought the property in 2025, you will only be able to calculate the market value once the index for 2025 is ready in April 2026. You can read on this page how to proceed when the time comes.

If you haven't registered a property you bought before 2024, you must do so in your tax assessment notice for 2023. See below how to proceed.

Register non-Danish property in the tax assessment notice for 2023

You must calculate the value of your non-Danish property for 2001 (plus 5%), 2002 and 2020 yourself. This applies even if you didn't own the property at the time, or if it hadn't yet been built.

You determine the market values for 2001, 2002 and 2020 by converting the price you paid for the property (purchase price). Your tax will be calculated based on the lowest of the three market values and the applicable tax rates.

In 2023, you must pay property value tax based on a calculated market value of the property as of 1 January 2020. You calculate the market value using an index for 2019.

Examples – how to calculate the value of your property for 2001, 2002, and 2020

Here, you can see an example of how to calculate the value of a non-Danish property for 2001, 2002 and 2020, if you bought a Swedish property for SEK 1 million in 2017.

Once you have registered your property in your tax assessment notice for 2023, you must also register it in your tax assessment notice for 2024 - if you haven't already done so. Above, you can see how to calculate the market value as of 1 January 2022, for the tax assessment notice for 2024.

How to convert to Danish currency

1. Go to Nationalbankens statistikbank (Exchange rates, DNVALA) and select English
2. Currency: Click the relevant currency
3. Type: Select ’Exchange rates (DKK per 100 units of foreign currency)’
4. Methodology: Select ’End-year’
5. Year: Select 2021
6. Click ’Show table’.

Contact us if you nee help

Please call the Danish Property Assessment Agency (Vurderingsstyrelsen) at 72 22 16 34 if you need help to make the calculation.

If you have paid property taxes outside Denmark, you often get a tax relief in Danish property value tax for your non-Danish property.

However, you can't get a relief for land taxes, registration fees or other taxes or duties related to the transfer or financing of the property.

How to report non-Danish property tax

You must report the non-Danish property tax paid for your non-Danish property yourself.

If there are multiple owners, you should report the portion of the property tax corresponding to your ownership share. For example, if you own 50% of the property, you must report an amount equal to half of the total non-Danish property tax.

You can report your paid non-Danish property tax under 'Change tax assessment notice/tax return under Non-Danish property.

Examples of property taxes that can be deducted:

• Sweden: Fastighetsavgift (for the part used by the owner as a residence)
• Spain: El Impuesto sobre los Bienes Inmuebles (IBI) (for the part used by the owner as a residence)
• France: Taxe foncière sur les propriétés bâties and Taxe d'habitation (for the part used by the owner as a residence)

Special rule for France

You're not required to pay Danish property value tax on a property in France if:

• You have been subject to full tax liable in Denmark since 28 November 2007.
• You purchased the property before 29 November 2007.
  If you don't meet both conditions, the general reduction rules apply.

You can read more in Danish about the double taxation rules in the double taxation agreements at skm.dk.

Report paid non-Danish property taxes in your tax assessment notice

Please call the Danish Property Assessment Agency (Vurderingsstyrelsen) on 72 22 16 16 if you have further questions. 

If you have loans related to your property, you can deduct the interest expenses in your Danish tax assessment notice.

It is important that you enter your non-Danish interest expenses under Non-Danish property in your tax assessment notice. However, if you rent out your non-Danish property for at least 12 months, you should instead report the interest expenses under Non-Danish business.

If you have interest expenses with a Danish mortgage credit institution related to your non-Danish property, you must move the interest expenses to be stated under Non-Danish property or Non-Danish business.

Report interest expenses in your tax assessment notice

Call the Danish Tax Agency (Skattestyrelsen) on 72 22 28 92 if you have further questions.

You must pay tax in Denmark if you rent out your non-Danish property.

The same rules apply as for renting out Danish properties. However, it is important that you enter your non-Danish rental income under Non-Danish property in your tax assessment notice.

If you rent out your non-Danish property for at least 12 months, you should instead report the rental profit under Non-Danish business.

If you have paid non-Danish tax on your rental income, you must also include it in your tax assessment notice.

Read more about the rental rules.

Report your rental income in your tax assessment notice

Please call us on 72 22 28 92 if you have other questions to this subject.