TEMPO.CO, Jakarta - Living abroad comes as equally appealing as traveling, but with so many rewards. Buying properties overseas, in particular, often appears as a smart move of investment that not only offers a potential safety net, but also delivers rapid economic returns and long-term value growth.
To maximize your chances of success, it’s best to focus your intention on some of the best countries to invest in real estate. These prime destinations make property investing highly profitable while also offering convenience at the same time—almost too good to be true.
List of the Best Countries to Invest in Real Estate
Immigrant Invest, House Beautiful, and Yield Investing mentioned the UAE among the best countries to invest in real estate. Other attractive options rounding out the list:
1. United Arab Emirates
When talking about the United Arab Emirates, specifically Dubai, images of lavish lifestyles and towering skyscrapers often come first to mind. Beyond luxury, the country holds the reputation among the best countries to invest in real estate, surpassing even the most ambitious dream of the field with its exceptional environment.
With no property and income tax policy, the financial appeal is hard to beat. There’s just a 2–4% favorable transfer tax to account for when a payment is made, and it’s even shared between the buyer and seller. For those looking to secure a residence visa, the investment threshold is relatively accessible—just $204,000.
2. United Kingdom
The United Kingdom is often synonymous with a stable economy and strong real estate market, which explains why it continues to attract many foreign investors. The UK’s residential real estate market has grown by 2.57% over the past year and is expected to maintain this upward trajectory through 2028.
According to Immigrant Invest, property values are set to keep climbing, driven by rising demand for housing and ongoing shortages. Consider investing in prime locations like Manchester, Liverpool, and, of course, London, where values can be nearly three times higher.
3. Spain
Adorned with diverse stunning landscapes, Spain makes an ideal destination for investment opportunities. Across the country, investors can spot their potential standing where rental properties are in high demand, especially in vibrant cities like Madrid and Barcelona.
Through the Golden Visa Program, an investor can qualify for a temporary residence permit of one year by purchasing one or more properties that worth €500,000. If the property is still maintained, the permit can be renewed for five years, after which an investor can apply for permanent residency.
4. United States
Another top contender for the best countries to invest in real estate is none other than the United States. While the market is known for being one of the world’s most expensive, the US provides a reliable and promising investment landscape, supported by its strong economic fundamentals and diverse communities. These factors lead to a range of preferences and budgets, making it a market with something for everyone.
Data shows the real estate market grew by 2.71% in 2023, with states like California and New York shining for their higher values and returns. For those in search of a no-income-tax policy, Florida and Texas are among the gems.
5. Portugal
Portugal remains an attractive choice for overseas investment. The average price growth per quarter reaches 1.9%, and a 7.8% increase is seen in 2023. Promising cities like Lisbon and Algarve offer exceptional value, with property prices almost double those in other cities. With a pleasant environment and considerable living cost, Portugal also has the reputation as one of the best countries to retire.
6. Germany
According to Eurostat, almost 50% of Germans are renting rather than owning property. Given the figure, no wonder why Germany features as one of the best countries to invest in real estate. While the market experienced a decline in 2023, it’s expected to recover gradually, with a predicted growth of 3.55% per year between 2024 and 2028. Combined with Germany's reputation as Europe’s largest economy, investors can take advantage of its lucrative environment.
7. Australia
Renowned for its high quality of living, Australia appears as an appealing real estate investment destination. The country’s market is far from decline; instead, it’s rising steadily, with an expected increase of 3.57% per year over the next five years.
Though the regulation is relatively strict, foreign investors can still buy properties, but are limited to only the new builds or vacant land.
Featuring a strong real estate market, it’s clear why these countries often invite investors looking to grow their portfolios and build wealth. Combining their generally attractive returns and excellent standard of living, a long-term investment isn’t just a dream.
HOUSE BEAUTIFUL | IMMIGRANT INVEST | YIELD INVESTING | EUROSTAT
Editor’s Choice: BPS Reveals Top 10 Highest-Paying Jobs in Indonesia
Click here to get the latest news updates from Tempo on Google News