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Are you an expat looking for a new place to invest in real estate for 2023? If so, you’ve come to the right place.

In this blog post, we will discuss the benefits of investing in property in Malta, United Arab Emirates or Portugal. We will explain what it’s like to own a property in each of these countries and provide helpful tips for making an informed decision.

So whether you’re an experienced investor or a first-time buyer, you’ll find the information you need to make the best decision for your investment.

Malta

For expatriates looking to invest in property, Malta is an attractive option. Located in the Mediterranean Sea, Malta is known for its rich history, beautiful beaches, and vibrant culture. Property in Malta is relatively affordable compared to other European countries, making it a great choice for those looking to purchase a property abroad.

The main advantages of investing in property in Malta include a wide variety of housing options ranging from condos to villas, as well as favourable tax incentives for both local and foreign investors. For those looking for rental properties, the rental market is booming and there is no shortage of potential tenants. In addition, the Maltese government offers generous incentives for expatriates who are interested in buying a property in Malta.

On the other hand, one potential disadvantage to investing in property in Malta is the current high demand for rental properties which could lead to increased competition for tenants. Additionally, finding reliable property managers or tenant leases can be difficult due to the language barrier. Despite these drawbacks, Malta remains an attractive option for those looking to invest in property due to its affordability, abundance of housing options, and favourable tax incentives.

If you are looking to purchase a property in Malta, our associates at RHJ Group are always readily available to help you find a suitable realtor who can help you find an ideal property. We understand the importance of finding reliable and trustworthy advisors who can ensure a safe and successful real estate transaction.

Real estate services in Malta

Portugal

As an expatriate looking to invest in property, Portugal should be at the top of your list for 2023. With its diverse landscapes, vibrant culture and world-class infrastructure, Portugal offers a multitude of opportunities for potential investors.

From beautiful coastal areas to bustling cities, Portugal has something for everyone. In addition to having one of the most stable real estate markets in the world, Portugal also offers some of the lowest taxation rates for those looking to purchase property. This has attracted many investors from all over the world, resulting in increased demand for properties in the country.

Investing in property in Portugal is a great way to diversify your portfolio and enjoy the benefits that come with owning a piece of this charming country. With an abundance of luxury villas, apartments and other forms of housing available, you are sure to find something that fits both your budget and your needs.

Although investing in Portuguese real estate can be extremely lucrative, there are some potential disadvantages. Prices have been steadily increasing over the past few years due to the stream of tourist interest, making it more expensive to buy property than it was a decade ago. Regardless, with professional advice from RHJ Group, we can guide you through the tedious and complicated process of locating the perfect property in Portugal.

Even if you’re thinking of buying a property to rent out as an Airbnb, we can provide ongoing support and advice during this process – read the latest updates too before investing!

Real estate services in Portugal

United Arab Emirates

When it comes to investing in property, the United Arab Emirates (UAE) is an attractive destination for many expats. The country offers a range of real estate investments, from luxurious villas on the beach to modern downtown apartments in cities like Dubai and Abu Dhabi. With its strong economic growth and impressive infrastructure, the UAE has become a preferred location for foreign investors.

One of the major advantages of purchasing real estate in the UAE is the favourable tax regime. Taxes are generally low, with no taxes on capital gains or rental income. Additionally, as an expat you can benefit from more than 25 years of freehold ownership for residential and commercial property. This means you will have full legal ownership rights over your property, and can even pass it on to your heirs.

The UAE also offers excellent amenities for those who purchase property. The country boasts a wide range of world-class hospitals, schools, shopping malls, beaches, parks and entertainment facilities. Additionally, the housing market in the UAE is highly competitive, meaning you should be able to find attractive prices when purchasing property.

However, there are some potential downsides to buying property in the UAE as an expat. For starters, it is important to be aware of the fact that as a foreign investor you are not able to obtain a mortgage or loan in the UAE. Nonetheless, many people who relocate to the UAE are business investors and have the cash to invest in a property without having to take out a mortgage – so don’t let this worry you.

Overall, investing in real estate in the United Arab Emirates can be an excellent way to diversify your portfolio and enjoy all the benefits of living in a luxurious and dynamic country. With favourable tax regimes and top-notch amenities, the UAE can be an attractive option for those looking to invest in property.

Real estate services in UAE

How RHJ Accountants can help

Our team of professionals can help you make the right decisions when it comes to buying property abroad. And taking advantage of the many opportunities that exist.

We can help you assess the various options available for you, determine the risks and rewards of each investment opportunity, and advise you on the best strategies for investing in property. We will take the time to explain the different tax rules and regulations that apply in different countries. As well as the different mortgages and loan products available to you.

Our team is also on hand to assist with any legal or administrative issues related to your real estate investments, including researching potential investments, securing financing, negotiating contracts, registering ownership rights, and more. We understand the needs of expats, and we are committed to providing the highest quality of service to ensure your investment is successful.

Contact us today to learn more about how we can help you invest in real estate abroad.

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💬 PSA: between April & June our Portuguese team have limited meeting availability due to the Tax Return Submission Period 🇵🇹