Investment gained huge popularity over the last few years. And namely, the real estate investment managed to win the love of people. There are many reasons for it, such as its simplicity in comparison to investing in stocks, funds, ETFs, and bonds. However, there still are certain difficulties with investing in real estates, such as finding the perfect country to do it. We know that many people who enter this industry are rather young and inexperienced, especially for international real estate investment. That’s why we decided to use our experience and knowledge to create a compilation of the countries that are perfect for investing in real estate.
International investment has certain benefits. First of all, it’s an opportunity to invest even if your country is unsuitable for it. It protects you in case of certain problems in your country. Moreover, it gives you a chance to get second citizenship or even relocate to another country. That’s why all who start to think about a career in real estate investment should move towards their goal as fast as possible. It’s convenient because you don’t even need to give up your work to do it. Many students combine investment with studying and feel well. Nowadays, the ordinary student who faces something complicated prefers to find a helper and ask him or her: “Write my paper for me cheap, please”. If you want to start investing but worry that you won’t have enough time to study, just order essays help online
Well, let’s check the best countries for international investing.
1.United Arab Emirates
It would be reasonable to start our compilation with the tax-friendly country because there’s nothing better for the investor than low taxes or even their absence. We all know how people live in the UAE, and no person wouldn’t dream of being born there. But if you live in another country, you have the chance to get closer to living here — invest in local real estate. A high rental yield is what attracts investors in this country. Together with it, you don’t have to pay taxes on the money you’ve accumulated from investing. Of course, it’s obvious that the best city to invest in is Dubai since it’s well-populated and popular among tourists.
2.Panama
This country was lucky to appear in the perfect location: it’s surrounded by two oceans and has an amazing climate. No wonder that the rental yield here reaches 6% — it’s even higher than the rental yield in the UAE. Real estate market conditions here are always good and profitable for investing. Panama is probably the richest country in Latin America, and people always go there to spend time and even live. If you’re worried about the crises and meltdowns, Panama is the safe place for you because it managed to remain untouched by the latest crises, whereas the real estate markets of other countries suffered much.
3.Indonesia
Several years ago, no one considered investing in Indonesian real estate, but the rapid economic growth made people change their minds as to this land. Indonesia is the most populated country in South Asia. It means that the number of people who can rent property here is huge. Take into account also the fact that the rental yield here is 8%. If you want to invest but don’t have too much money to buy property in the capital city center, consider buying apartments outside of it. It will cost relatively cheap because the average price of the square meter outside of the center is about 600-700$. Although buying property here is accompanied by certain difficulties, all the challenges are worth the income you may get here.
4.Canada
To say that Canada is a dreamland for thousands of people worldwide is to say nothing. The living conditions and economy here are perfect for most of us, so the number of people who want to relocate there is huge. Moreover, Canada is rather interesting for visitors. You’ll never regret the decision to invest in Canada’s real estate. Toronto and Vancouver are good choices for those investors who have enough money to do it, but the opportunities don’t limit these two cities. Canada is similar to the USA, but it is simpler in many respects.
5.Peru
Now, this country is going through its best times, and it will be a big mistake not to take advantage of it. Its economy steadily grows, and no one Latin American country can boast of it. Moreover, the recent law made all investors happy because it reduced the tax for foreigners who own property here. Now, this tax is 5%. As a result, the real estate growth rate is about 10%. What else do you need to know to dispel your doubts and purchase property in Peru? This country is open to foreign investors, and ignoring this opportunity is a mistake.
How To Choose A Perfect Country?
The full list of countries that have good conditions for real estate investment is longer and we just did our best to choose ones with the most favorable conditions. It’s up to you to make the final choice because all investors have different financial capabilities and different preferences. Learn more about the real estate markts of each country that inerests you and define whether it’s profitable to invest there or not.