Austria is known for its economic and political stability, which makes it one of the safest countries in the world for property investment.
In Switzerland, property maintenance costs about €60–70/sq m per year. For example, it costs about €5,100–5,950 per year to maintain an 85 sq m apartments.
There is a three-tier tax system in Switzerland: federal, cantonal and communal (municipal). Each of the 26 cantons has its own tax legislation and each of the 2,800 communes sets its own communal tax rate.
Although foreign nationals are able to obtain mortgage loans in Switzerland, foreign purchasers are subject to various restrictions.
In Switzerland, visas and residence permits are regulated by the federal law “On foreigners” (Loi fédérale sur les étrangers). About eight million tourists visit the country every year.
Switzerland has one of the most stable economies in the world and real estate prices demonstrate long-term growth.
Education in the Czech Republic is well respected in Europe. Students from almost fifty nations including Austria, the UK, Germany, Russia and the USA attend university here. Czech universities do not charge tuition fees and their degrees are recognised worldwide.
The tax regime in the Czech Republic is more favourable than in most other European countries. In particular, it has one of the lowest income tax rates in the EU.
The Czech Republic offers some of Europe’s most favourable mortgage terms for foreign nationals. Buyers can take out loans to buy commissioned real estate or property under construction, and can also refinance existing mortgages in the country.
The Czech Republic is popular among foreign buyers for its low prices, great scenery and fantastic architecture.
In the Czech Republic, there are virtually two very different real estate markets with prices in the capital markedly higher than everywhere else.
Studying in Montenegro has the advantage of low tuition fees, low competition to get in along with diplomas recognised in Europe.
Tranio reviews residence permit in Montenegro, the ways to get it and all of the requirements.
Taxes in Montenegro are relatively low. Individuals pay income tax at 11% if their monthly income is above average (about €750 a month) and at 9% if it falls below. Such rates apply to both residents and non-residents.
Montenegro is popular among tourists for its natural beauty, historic sites and ancient cities of Kotor, Herceg Novi and Tivat. Tranio reviews real estate prices and sought after destinations.