A gorgeous apartment
France is the third most popular destination for international students after the UK and the USA. It has 83 public universities, about 200 engineering schools, 200 schools of economics and management, 120 public higher schools of art and 20 schools of architecture.
The United Kingdom is the second most popular destination for education after the USA. Tuition fees are high but the alumni of top British universities benefit from international recognition and have great career prospects worldwide.
Buying property in the UK will not help or simplify residence or citizenship applications. The rights, rules and obligations of foreign citizens in the UK, as well as visa and residence permit requirements can be found on the UK Home Office website.
UK taxes are quite high, especially stamp duty and income tax. Foreign buyers should consult a tax advisor before purchasing real estate to simplify the registration process and minimize the tax burden.
Non-residents can obtain mortgage loans in the United Kingdom on practically the same terms as UK citizens. However, not every UK bank provides loans to non-EU residents. One key advantage of UK mortgages is the relatively small down payment (starting from 20% of the property value). Short loan terms are a key disadvantage (up to five years).
The British real estate market is very diverse and while London is overheating but set for good returns, buyers can also find good deals if they head northwards. Foreign citizens buying property in the UK have the same rights as the British and the whole process only takes 4–8 weeks.
The results of the UK parliamentary election mean that neither party have a majority of seats in the House of Commons. With Brexit also on the agenda, real estate brokerage Tranio presents its analysis
Real estate investment funds have an influential impact on property markets around the world. In this article, Tranio expert Yulia Kozhevnikova explains how they work.
The French Riviera is a region not only of endless beaches and luxurious residential properties, but also of excellent transport infrastructure.
To say
In 2016, Russian overseas property investors shifted their focus away from holiday homes and toward commercial properties in stable markets.
Considering changing homes in the UK? Be sure to read this report from Property Division first.
Tranio’s guide