| 3 Comments | Tatta Tameeyonk
In this article we will take a look at the 5 best countries to invest in real estate in 2021.
The real estate industry is one of the world's oldest and most profitable. People used to invest in real estate in their own communities before globalisation, but as the world has become increasingly globalised and connected, real estate investors now have access to almost the whole globe for investment.
Norway
Norway is a country located in Scandinavia. According to data from 1993 to 2021, the country's average annual real estate growth rate was 7.2 percent. In addition, the country has a developed economy with a high annual household income. The country's legal, social, and political institutions are in good shape, making real estate investment safe.
THAILAND
Thailand is a great place to invest if you're looking for a safe sanctuary. The country's economy is solid, and the tourism industry is growing, making your investment more valuable. Make sure you put your money into the condo market since, compared to other individual properties, a condo is more cost-effective and easier to operate. Furthermore, it is the only real estate in which you can obtain a freehold title, making it a better investment!
GERMANY
When it comes to investing in real estate in Europe, Germany may be the safest bet. It has established itself as one of the world's top financial forces, therefore investing there is not a risk. Another reason that makes Germany one of the safest countries to invest in real estate is its low cost of living and low effective income tax rate.
FRANCE
The real estate market in France is one of the most popular in Europe for long-term returns. It enables you to obtain funding within the country — something that not every country can boast of! Mortgage interest rates are low, and loan-to-value ratios can be as high as 85%, allowing you to refinance your home more frequently. The rental income tax is lower than in other European countries when it comes to taxation.
MOROCCO
Morocco is one of the greatest countries for foreign property investments because of its stable macroeconomic situation. It is more affordable and has a higher level of living than the United States. Aside from that, it features a strong financial system that will fully safeguard your company’s interests feasible! If you're concerned about the issue of double taxation that most expats suffer in other countries, be assured that you won't have to deal with it in Morocco.
That concludes our list of the 5 countries best for investing in real estate in 2021.
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