Christopher ZeniosInvestment Potential in Singapore
According to the World Investment Report 2018, Singapore was the fifth largest recipient of foreign direct investment in the world in 2017 and continues to hold a strong position. Singapore has been considered for many years by the World Bank as one of the best countries in the world in terms of the ease of doing business which in turn has positive effects on the real estate market, both from development and also buying and selling of international businesspeople. Singapore continues to make investment more appealing by maintaining an attractive tax regime.
Malta Investment Potential
Malta is not only a pretty island in the Mediterranean but a place of investment opportunity. It has strong yet cautious banking principles and these two in conjunction with individuals wanting to invest in property, have partly protected Malta’s real estate market by the global financial crisis. The investment potential lies with the fact that the real estate market here will not suffer in the future either due to the aforementioned principles and reputation the nation has.
It doesn’t end there though; the climate, the food, the hospitality, the tax system and beneficial retirement scheme makes Malta one of the top places to invest in. Malta has a wide range of property choices to suit your budget and needs.
Cyprus Property Investment
The Cyprus economy has grown at a rapid rate since 2013 with foreign direct investment being one of the key factors. The upward trend in Cyprus real estate is expected to continue with data published from the Department of Lands and Surveys in 2018Q2 indicating that the total number of sales contracts recorded an annual increase of 11.7%. In particular rental properties and “fixer-uppers” have become a popular investment strategy that guarantees a return on investment with many investors benefiting from the Cyprus Investment Program when purchasing real estate.
After the global financial crisis, the Cyprus Citizenship program has helped the nation recover economically. Even though it has become stricter recently, it remains one of the most reputable and beneficial investment programs around today.
Portugal Property Market on the Rise
The Portuguese capital Lisbon is experiencing a real estate revival. It’s currently in the spotlight as it’s been ranked the best city for investment and development prospects by PwC for 2019. This decision is based on affordable house prices, a low cost of living and improving transport links. High returns are on offer for investors with gross residential yields in 2018 of 8%. What is key to mention also, is the very low taxes this country has to offer when it comes to investments.
New International Investment in Dubai
Dubai is well known for investment and continues to live up to its reputation. Dubai attracts international investment with relatively low-interest rates and the increase of economic activity. Now in Dubai, foreign investors owning a real estate investment value between $1.36 million to $2.72 million will also be eligible for a long-stay visa. Due to these exciting factors, many individuals are drawn to Dubai when investing.
These are just some of the many investment options available. For those that do invest, it is important to keep the following in mind while on the journey of international property investment:
- Research the culture and way of life of the country you invest in
- Gauge the tax impact
- Invest with a team
- Allow for unexpected costs
