24/05/2026
Real Estate in Ghana just got a whole lot more expensive this year, with the implementation of the new VAT Act (Act 1151) from January 1, 2026.
This replaces the previous 5% flat rate for estate developers or sellers with a unified system that carries an effective tax rate of 20%.
With most people already priced out of home ownership by virtue of low incomes, late employment, among other reasons, this 20% hike just made Ghana's Housing Crisis a lot more worse !!
The good news is all properties built-for-sale by any of the DCANS Developers with Built-in Direct Mortgages or sourced by us, come with the applicable vat absorbed by the group.
Learn more: https://ghanapropertytraders.com/vat