In April, at the start of sales in a boarding house under construction in Alanya, Tranio's clients and employees bought several apartments in the 50,000–60,000 euro price range with a rental yield of 7% per annum in euro.
Cross-border property investors ramped up to or surpassed the pre-COVID-19 level of activity in most countries by the end of 2021.
Dubai and Abu Dhabi are two of the UAE’s largest cities that are the most popular among international investors. In general, Dubai is more attractive for expats who account for about 85% of its population. Abu Dhabi, in its turn, is more often сhosen for property investment by Emirati nationals and those from the neighbouring Gulf countries.
Dubai is the capital of the eponymous emirate, the largest of the seven emirates of the country in terms of population. The city is home to 3.5 million people. Notably, about 85% of Dubai’s residents are expats.
What is a TAPU in Turkey? Registration of a TAPU in Turkey in 2022: what it looks like, main stages, terms of issue and costs.
In early 2022, Tranio was approached by Denis, an entrepreneur from Moscow, who wanted to invest in real estate in Dubai. Denis made a decision fast and closed the deal remotely in the shortest possible time. Now he is applying for a residence permit in the UAE.
In March 2022, Sanzhar, a finance expert from Kazakhstan, invested in overseas property for the first time. Initially, he looked towards European markets but opted for a property in the UAE. In an interview given to our editorial team, Sanzhar shared his experience of property hunting in Dubai during the rush of demand and explained the roles of Tranio’s manager and partners.
The UAE’s Golden Visa is a special type of a long-term residence visa in the Arab Emirates. It is granted for five or ten years to foreign entrepreneurs, investors, property owners and academics. The Golden Visa allows expats to live and run business freely in the UAE, open a local bank account and become a tax resident in the country with a comfortable tax regime.
The UAE residence visa allows you to live legally in the country and is issued for up to 10 years. It can be renewed an unlimited number of times: in fact, a foreigner has the opportunity to be a resident of the Emirates for life.
Passport holders of the USA, UK, Japan and other 17 countries are entitled to a 30-day visa-free stay in the UAE. Citizens of 53 countries, including France, Spain and Germany, may enter the UAE without a visa and remain there for up to 90 days. For a longer stay, you have to apply for a residence permit, which is called a resident visa in the Emirates.
For Russians, Canada and the US are the top destinations to immigrate to in 2021. At the same time, Russian citizens would prefer to own real estate in Turkey or Spain and to retire in Germany
Since 2020, global travel restrictions have proven to be the primary factor impeding cross-border real estate transactions among Russian-speaking investors, according to Tranio’s latest annual survey.
PHD Chamber of Commerce and Industry is organizing India’s First Virtual Exhibition on Global Residency and Citizenship (GRACE 2020). The event will take place on the 18th and 19th of August.
The international real estate broker Tranio proposes mutually beneficial cooperation to partner agencies in Georgia: Georgian agencies can post their real estate listings for free in Tranio’s catalogue.
The international real estate broker Tranio proposes mutually beneficial cooperation to partner agencies in Turkey: Turkish agencies can post their real estate listings for free in Tranio’s catalogue.