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
For travelers, food can make or break a city; the more culinary options there are in a city, the more enticing a destination it will be among tourists and expats. Toward this end, a team of analysts at international real estate brokerage Tranio have conducted a survey on food outlet penetration across major European cities, taking into account the housing prices and quality-of-life rankings.
In Europe, no law prohibits foreign citizens from buying property but certain countries have put limitations on this right.
For immigrants hoping to be granted full citizenship in the Czech Republic, the wait can last a decade. In most cases, this is how the process plays out:
Tranio conducted its eighth annual survey, analysing the investment and property purchasing patterns of Russian and CIS nationals abroad. The survey was primarily focussed on income property, looking at the top locations for investment, yield expectations, budgets, and preferred asset classes, as well as the general presence of Russian-speaking investors in local markets.
Eastern Europe is a key region for the Chinese ‘One Belt One Road’ project. But which countries is China especially interested in and what type of property should real estate investors buy?
Take a look at the best European and Middle Eastern destinations where you can enjoy
Capital Pro City is the premium summit bringing together top tier buyers and sellers of European Distressed Debt, NPLs & Real Estate.
It costs about €15–20/sq. m per year to maintain a city apartment in the Czech Republic while a detached house may incur costs reaching €25/sq. m.
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.