Housing Finance Policy

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A. Legal and Regulatory Framework

A.1 Legal and Regulatory Framework
VariableEnd of 2018End of 2017End of 2016SourcesVar ID
Registration/Transfer of titles:A.1.3
Typical number of days needed for the transfer of title6.006.006.00
WDI
A.1.3.4
Is there specialized legislation covering:A.1.9
B. Housing Finance Subsidies
B.1 Subsidies to Housing Finance Institutions
VariableEnd of 2018End of 2017End of 2016SourcesVar ID
Are there subsidized funding sources for mortgage lenders?YesYesYes
Research
B.1.1
Government supported liquidity facilityYesYesYes
Nepal Rastra Bank
B.1.1.2
B.2 Subsidies to Households
VariableEnd of 2018End of 2017End of 2016SourcesVar ID
Are there subsidies to households on housing finance?YesYesYes
Nepal Rastra Bank
B.2.1
Interest rate subsidies by special government fundsYesYesYes
Nepal Rastra Bank
B.2.1.1
Reach of subsidies in 2.1.1 to 2.1.4 ?B.2.2
C. Taxation
VariableEnd of 2018End of 2017End of 2016SourcesVar ID
What taxes apply to Residential Real Estate?C.1
Tax on property (home-owners) Yes  
Global Property Guide
C.1.1
Tax on capital gains on property Yes  
Global Property Guide
C.1.5
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Notes: % of households
Notes: % of households
Notes: % of households
Notes: % of households
Notes: % of households
Notes: % of households
Notes: % of households
Notes: % of households
Notes: % of households
Notes: % of households
Notes: 50% for Kathmandu Valley
Notes: As of mid-December
Notes: As of mid-December
Notes: As of mid-December
Notes: As of mid-December
Notes: As of mid-December
Notes: As of mid-December
Notes: As of mid-December
Notes: As of mid-December
Notes: As of mid-December
Notes: As of mid-December
Notes: As of mid-December
Notes: As of mid-December
Notes: As of mid-December
Notes: As of mid-December
Notes: As of mid-December
Notes: As of mid-December
Notes: Basobas Mahila Sahakari Sanstha (Settlement Women Cooperative) offers collateral-free housing loans
Notes: Capital gains realized from selling real property that is not used in business are taxed at a flat rate of 10%.
Notes: Credit Information Bureau
Notes: Credit Information Bureau
Notes: Credit Information Bureau
Notes: Credit Information Bureau
Notes: Credit Information Bureau
Notes: Credit Information Bureau
Notes: Credit Information Bureau
Notes: Credit Information Bureau
Notes: Credit Information Bureau
Notes: Credit Information Bureau
Notes: Credit Information Bureau
Notes: Credit Information Bureau
Notes: Credit Information Bureau
Notes: Credit Information Bureau
Notes: Credit Information Bureau
Notes: Credit Information Bureau
Notes: Credit Information Bureau
Notes: Credit Information Bureau
Notes: Credit Information Bureau
Notes: Credit Information Bureau
Notes: Credit Information Bureau
Notes: Credit Information Bureau
Notes: Credit Information Bureau
Notes: Credit Information Bureau
Notes: Credit Information Bureau
Notes: Credit Information Bureau
Notes: Credit Information Bureau
Notes: Credit Information Bureau
Notes: Credit Information Bureau
Notes: Credit reports only to members, central bank or to any institutes as recommended by the Central Bank
Notes: Credit reports only to members, central bank or to any institutes as recommended by the Central Bank
Notes: Credit reports only to members, central bank or to any institutes as recommended by the Central Bank
Notes: Credit reports only to members, central bank or to any institutes as recommended by the Central Bank
Notes: Credit reports only to members, central bank or to any institutes as recommended by the Central Bank
Notes: Credit reports only to members, central bank or to any institutes as recommended by the Central Bank
Notes: Credit reports only to members, central bank or to any institutes as recommended by the Central Bank
Notes: Credit reports only to members, central bank or to any institutes as recommended by the Central Bank
Notes: Credit reports only to members, central bank or to any institutes as recommended by the Central Bank
Notes: Credit reports only to members, central bank or to any institutes as recommended by the Central Bank
Notes: Credit reports only to members, central bank or to any institutes as recommended by the Central Bank
Notes: Credit reports only to members, central bank or to any institutes as recommended by the Central Bank
Notes: Credit reports only to members, central bank or to any institutes as recommended by the Central Bank
Notes: Credit reports only to members, central bank or to any institutes as recommended by the Central Bank
Notes: Credit reports only to members, central bank or to any institutes as recommended by the Central Bank
Notes: Credit reports only to members, central bank or to any institutes as recommended by the Central Bank
Notes: Credit reports only to members, central bank or to any institutes as recommended by the Central Bank
Notes: Credit reports only to members, central bank or to any institutes as recommended by the Central Bank
Notes: Credit reports only to members, central bank or to any institutes as recommended by the Central Bank
Notes: Credit reports only to members, central bank or to any institutes as recommended by the Central Bank
Notes: Credit reports only to members, central bank or to any institutes as recommended by the Central Bank
Notes: Credit reports only to members, central bank or to any institutes as recommended by the Central Bank
Notes: Credit reports only to members, central bank or to any institutes as recommended by the Central Bank
Notes: Credit reports only to members, central bank or to any institutes as recommended by the Central Bank
Notes: Credit reports only to members, central bank or to any institutes as recommended by the Central Bank
Notes: Credit reports only to members, central bank or to any institutes as recommended by the Central Bank
Notes: Credit reports only to members, central bank or to any institutes as recommended by the Central Bank
Notes: Credit reports only to members, central bank or to any institutes as recommended by the Central Bank
Notes: Credit reports only to members, central bank or to any institutes as recommended by the Central Bank
Notes: Development banks
Notes: Development banks
Notes: Development banks
Notes: Development banks
Notes: Development banks
Notes: Development banks
Notes: Development banks
Notes: Development banks
Notes: Excludes MFIs
Notes: Excludes MFIs
Notes: Excludes MFIs
Notes: Excludes MFIs
Notes: Excludes MFIs
Notes: Excludes MFIs
Notes: Excludes MFIs
Notes: Excludes MFIs
Notes: Finance companies
Notes: Finance Companies
Notes: Finance Companies
Notes: Finance Companies
Notes: Finance Companies
Notes: Finance Companies
Notes: Finance Companies
Notes: Finance companies
Notes: In 2016, NRB offered a subsidized 2% rate for house reconstruction on loans up to Rs. 2.5 million inside Kathmandu, Rs. 1.5 million outside, and Rs. 300,000 under group guaranteed microcredits.
Notes: In 2016, NRB offered a subsidized 2% rate for house reconstruction on loans up to Rs. 2.5 million inside Kathmandu, Rs. 1.5 million outside, and Rs. 300,000 under group guaranteed microcredits.
Notes: In 2016, NRB offered a subsidized 2% rate for house reconstruction on loans up to Rs. 2.5 million inside Kathmandu, Rs. 1.5 million outside, and Rs. 300,000 under group guaranteed microcredits. This program was ended in October 2018 and replaced with the Integrated Working Procedure for Subsidised Credit which provides concessional loans of up to Rs. 300,000 at a 5% rate covered by the government.
Notes: In 2016, NRB provided a refinance facility at 0% interest rate for subsidized loans extended to earthquake victims. The loan offer ended in October 2018.
Notes: In 2016, NRB provided a refinance facility at 0% interest rate for subsidized loans extended to earthquake victims. The loan offer ended in October 2018.
Notes: In 2016, NRB provided a refinance facility at 0% interest rate for subsidized loans extended to earthquake victims. The loan offer ended in October 2018.
Notes: In 2016, NRB provided a refinance facility at 0% interest rate for subsidized loans extended to earthquake victims. This program ended in October 2018.
Notes: In 2016, NRB provided a refinance facility at 0% interest rate for subsidized loans extended to earthquake victims. This program ended in October 2018.
Notes: In 2016, NRB provided a refinance facility at 0% interest rate for subsidized loans extended to earthquake victims. This program ended in October 2018.
Notes: Max value of housing loan is Rs.10 million (~USD100,000)
Notes: Max value of housing loan is Rs.10 million (~USD105,000)
Notes: Max value of housing loan is Rs.10 million (~USD95,000)
Notes: Max value of housing loan is Rs.10 million (~USD95,000)
Notes: Max value of housing loan is Rs.10 million (~USD95,000)
Notes: Max value of housing loan is Rs.15 million (~USD135,000)
Notes: Max value of housing loan is Rs.6 million (~USD80,000)
Notes: Max value of housing loan is Rs.8 million (~USD95,000)
Notes: Nepal Bank, Rastriya Banijya Bank, and Agriculture Development Bank are state-owned commercial banks.
Notes: Rent-free occupancy; % of households
Notes: Rent-free occupancy; % of households
Notes: Rent-free occupancy; % of households
Notes: Rent-free occupancy; % of households
Notes: Rent-free occupancy; % of households
Notes: Squatting or other form of occupancy; % of households
Notes: Squatting or other form of occupancy; % of households
Notes: Squatting or other form of occupancy; % of households
Notes: Squatting or other form of occupancy; % of households
Notes: Squatting or other form of occupancy; % of households
Notes: Urban house and land tax ranges from 0.05% to 1.5% annually