Investing in real estate is a lucrative investment. Many French people today choose to make a place in the sun beyond the borders. Before you try your luck, discover here the top 10 countries favorable to real estate investments.
In recent years, it has become very profitable to invest in rental real estate in Dubai, an Arab megalopolis. The rental price is one of the most expensive in the world. To get an idea of the trend in the market, an apartment F2 can rent more than 30 000 €. With the arrival of new residents, including wealthy businessmen, it is possible to quickly return your investment. In Dubai, taxation is conducive to real estate investments. It is indeed possible to benefit from many tax benefits. The Emirate claims neither income tax, nor VAT, nor property tax. But to get into business, regardless of the type of investment, it is essential to find a “sponsor”.
Florida seduces French investors because of the attractiveness of the market. The price per square meter of apartments located in residential neighborhoods is around USD 1,000. As for new programs, the price range varies between $ 150,000 and $ 175,000, depending on the type of real estate. With the arrival of new residents, apartments and detached houses are quickly rented out. In terms of taxation, investing in Florida is also beneficial. The state does not deduct income tax. In addition, many factors (travel expenses, accounting losses, depreciation, etc.) can be taken into account to reduce the amount of taxes on property income.
The Dominican Republic is located in the Caribbean, 7000 km from France. With its beautiful beaches and dream setting, it is one of the popular holiday destinations for European tourists. The real estate investment is profitable thanks to the accessibility of the price of the land. The square meter costs on average between 300 to 540 €. The registration fee represents 3.5% of the value of the property. As for the property tax, it is set at 1% for an acquisition amount of € 100,000. In terms of taxation, expatriates enjoy other benefits, they are exempted from income taxes during the first three years of their establishment in the Dominican Republic, regardless of their nationality.
Morocco is distinguished by its exceptional geographical location. One hour flight from the Hexagon, it is part of the holiday destinations “low cost”. Investing in real estate in Marrakech represents a strong potential. Since 2000, upscale single-family houses, which serve as second homes, have been built in the heart of the city. With the price drop, the purchase of real estate in Morocco is now appropriate. Moroccan taxation is more advantageous, the government offers a VAT exemption for any acquisition of real estate.
The crisis that has brought down the Portuguese economy is only a memory. The country’s economy is now ideal for rental real estate. For now, the price of real estate remains attractive, the square meter of an apartment sells on average to € 2,500. In the upscale neighborhoods of the capital, the price per square meter is around 5,000 euros. In addition to the price, Portugal has the highest quality of life and security, which is a great privilege to benefit from an added value. Tax measures, including tax exemption for income, also attract the French in search of bargains.