Articles by Tranio Editorial
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Taxes in USA
Taxes in the USA are among the highest in the world. Prior to purchasing real estate, buyers should seek advice from a tax expert who can recommend the best way to register property and minimize tax burden.
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Mortgages in the USA
Mortgages are available in the United States to non-U.S. citizens. According to the National Association of Realtors, 50% of foreign nationals in the country prefer to buy property with a loan.
Property prices in the USA
Over a third of the world's nationalities own property in the USA, with buyers from the UK, India, China (PRC, Hong Kong, Taiwan), Canada and Mexico accounting for nearly 50% of all property deals with foreign citizens.
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Taxes in Portugal
Portugal has an attractive tax system. Taxes are generally lower than in other European countries and there is an exceptional tax regime for certain tax residents that considerably reduces expenses associated with business and other activities.
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Mortgages in Portugal
Foreign nationals are able to obtain mortgage loans to buy real estate in Portugal on favourable terms. The lowest interest rates are less than 3%, and local banks issue loans for both newly-built and existing property.
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Property prices in Portugal
There are two popular regions in Portugal: Estremadura (including Lisbon) and the Algarve. Lisbon, the capital, is the country’s business and cultural centre so real estate is in high demand. On the other hand, popular summer destinations are found along the Lisbon Riviera on the Atlantic coast, like the towns of Estoril, Cascaes, Caparica, Sesimbra and Carcavelos.
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Dubai property prices trend in 2024
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.
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Taxes in Latvia
Latvia has a simple and convenient tax system. There is no inheritance, gift or wealth tax.
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Mortgages in Latvia
Mortgage rates in Latvia are 2-3 times higher than in Austria and Germany. However, obtaining a loan in Latvia is relatively simple: the process is not time-intensive, and down payments can amount to 30%.
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Property prices in Latvia
80% of foreign investors purchasing property in Latvia are Russian with the capital Riga attracting half of all property sales.
Education in Cyprus
Cyprus spends 7% of its GDP on education, making it the third largest state investment in education in the EU after Denmark and Sweden.
Buying property in Cyprus: A step-by-step guide (+ tax information)
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.
Property prices in Cyprus in 2024
The most sought after real estate destinations in Cyprus are the major resorts. Tranio reviews real estate prices in Limassol, Paphos, Larnaca and the Cyprus average ones as well.
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Visas, residence permits and citizenship in USA
Foreign citizens in the US should apply to the Department of State, Immigration and Naturalization Service of the Department of Justice and Department of Labour for citizenship and residence permits.
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Property maintenance costs in Italy
It costs about 1–3% of the market value per year to maintain real estate, pay taxes, utility bills and insurance costs in Italy.
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