The skills required for effective commercial real estate management span far beyond rent collection and such menial tasks as routine repairs and tax reports. Unforeseen events are bound to occur, and when they do, if not properly dealt with they can result in extra expenses, reduced profits and the loss of tenants.
French citizenship has historically been based on the principle of jus soli (“right of soil”), in contrast to the German definition of nationality through jus sanguinis (“right of blood”).
Closed borders and lockdowns have made it nearly impossible to buy and sell international real estate as before the coronavirus pandemic. Nevertheless, the sales team of real estate brokerage Tranio found a way to fulfil their plan and carry out cross-border real estate transactions remotely.
Tranio has brokered a transaction in which an unnamed investor acquired a retirement facility from a German development company that specialised in residential property, including retirement and nursing homes.
Investing in foreign real estate can help diversify risk and protect capital. Alexander Volik, analyst at Tranio, explains how investors can benefit from real estate investment.
The Portuguese government grants a residence permit for purchasing property to be renovated starting at €350,000, or any property starting at €500,000.
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.
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.
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.
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.
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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.
To buy property in Thailand, you need a passport. If the property is registered to a legal entity, additional documents are required including a copy of the certificate of incorporation, memorandum of association, certificate of registration, list of shareholders and power of attorney (upon request).
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.
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.