Property maintenance in Dubai costs less than in the Western countries since many taxes are inapplicable in the Emirates.
Property prices in Turkey: overview of the housing market, real estate price comparison, house price in Turkey trends in 2022.
Property Tax in Turkey: Taxation on the purchase, sale, rental of property and profit for foreigners (non-residents) in 2022.
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.
How to get a mortgage for real estate in Turkey for a foreigner? Mortgage lending terms in Turkey for foreigners in 2022: maximum loan to value ratio, interest rates, the required documents.
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 real estate market, as well as the country's economy as a whole, has been steadily overcoming its dependence on oil prices’ dynamics in recent years.
The United Arab Emirates is often called a tax haven for it lacks many taxes that apply in other countries, yet some customary fees still remain. Let's look at the real estate tax rates in the UAE and see what fees have to be paid when buying a home.
Foreign nationals are allowed to take out a mortgage in Dubai. The maximum loan amount differs between Dubai’s residents and other foreigners. Residential developers in Dubai also offer installment plans.
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
Citizens from 120 countries can either stay in Turkey for up to 90 days without a visa or get a single-entry visa upon arrival.
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.
In Europe, no law prohibits foreign citizens from buying property but certain countries have put limitations on this right.
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.