If an investor plans on leasing a property, the tax on the rental fees is different if the property is registered to an individual or a legal entity. In this article, Tranio describes the steps to opening a GmbH in Germany as well as its registration and maintenance fees.
Moving to Portugal is an easy task for wealthy foreigners that just need to buy or rent housing and prove sufficient subsistence funds in the bank. The immigration programme for the financially independent is simple and accessible for many.
Portugal is one of the most affordable countries to move to in Europe. Portugal imposes minimum requirements for obtaining a residence permit, and the local authorities are favourably disposed to attracting expatriates.
Retiring abroad is a growing trend. People relocating abroad can enjoy their senior living at its best: in a warm climate, by the sea, and with quality healthcare. Here is an overview of European locations for retirement with living costs and a roadmap for choosing your place in the sun.
To purchase property in Greece, investors are required to visit the country only once. The purchase procedure has seven simple steps.
In Germany, foreign nationals can buy real estate of all types without limits: land plots, residential and commercial properties. Germany is the seller’s market, for which reason it is usually the owner who dictates the terms of the sale and the buyer who pays the agent’s (realtor's) fee.
Pre-owned real estate in France is not just popular with buyers — it is gaining traction. According to the Notaries of France (Notaires de France), 2019 closed out a record year for the existing homes market with more than 1,000,000 transactions.
Since 2018, the Cypriot authorities approve no more than 700 applications for investment-based citizenship per year. Moreover, in 2017, 1,013 individuals became the country's nationals. The demand for Cypriot citizenship is high. Learn why it is so and how it can be obtained, reading this article.
It costs about €500–3,000 per year to maintain property in Greece, which is mostly spent on taxes and utility bills.
Real estate maintenance costs in Montenegro are rather low for Europe. For example, the owner of a two-bedroom apartment in a modern residential complex who lives there from May to October would only pay about €1,500 per year to maintain the property.
Maintenance costs in Cyprus are rather low in comparison to average European charges. Owners pay some €1,700 per year for apartments and about €2,900 for villas with private pools.
Montenegro, the little explored ‘gem of the Adriatic’, has ancient cities and bays nestled in the coastal folds of its majestic mountains. With reasonable prices and many locations to choose from, there’s property in Montenegro for everyone.
Cyprus is an open real estate market and demand has been growing for property in the country since 2016. The warm Mediterranean climate, relatively low residential property prices, and opportunity to obtain residency/nationality through investment (when buying property worth at least €300,000/€2M respectively) are all attractive to potential buyers.
German property maintenance costs include taxes, insurance and utility payments. Average expenses vary between federal states: for instance, in the cities of Mönchengladbach and Wuppertal located in North Rhine-Westphalia, property maintenance is more expensive than in all the other regions.
When it comes to buying French property, foreign nationals are treated on par with citizens of France. Foreign nationals are permitted to buy residential and commercial property in France as individuals, or through a legal entity.