While Canada and Australia are throwing out non-resident investors, Turkey is opening its doors to residential and commercial premises, inviting everyone to come and see. A buffet and constant all-inclusive can even become boring for the laziest over time, so in order not to spend the whole year in Turkey, we suggest considering other countries for investment. This way you can rent out one apartment and living in another, and then just switching them - a convenient and profitable scheme. But first, you need to find a country where you will be welcomed with open arms, and not be driven away with unpleasant rags.
Outstretched arms or a kick in the butt?
- Mexico 🇲🇽Mexicans have decided not to allow foreigners to their borders within a gunshot. Thus, they have established a ban on purchasing real estate within 100 kilometers of the state border. They also decided to reserve water properties for themselves, because there are already enough annoying visitors on the beaches. Now, to acquire real estate within 50 kilometers of the coast, only Mexicans and their families can do so. Resourceful non-resident investors have already found a way to bypass the strict rules. It will be possible to obtain permission to purchase the prohibited property by conducting the transaction through corporations or a Mexican trust.
- Saudi Arabia 🇸🇦 Becoming the owner of your own, rather than rented, square meters can only be achieved after obtaining a residency permit and official permission from the Ministry of Interior of Saudi Arabia. But even after that, not all areas of the country will be available to foreigners. Locals have decided under no circumstances to allow foreign investors into Medina and Mecca. These sacred cities for Muslims should only be open to righteous believers.
- China 🇨🇳 Commercial real estate in major cities must only be owned by Chinese citizens. In smaller towns, the rules are not as strict, so a tourist-entrepreneur may be able to snag an office or warehouse space for themselves. As for residential real estate, it can only be purchased after obtaining a residence permit for a minimum of one year. Knowing the first rule, you will not be surprised to learn the second - purchasing is only allowed for personal use and residence, so making money from renting out the property will not be possible.
- USA 🇺🇸Restrictions in the USA are applied selectively. Currently, they only affect certain states - Ohio, Florida, North Dakota, and South Carolina. The rules themselves also do not apply to all foreigners, only to those who are citizens of particularly "suspicious" countries. The list of such states includes North Korea, Iran, and China. Representatives of these countries are strictly prohibited from buying real estate near critical infrastructure and military facilities. Naturally, the ban also affected Russia, for which the doors to all civilized corners of the world are now closed.
- UAE 🇦🇪Foreigners are always welcome in the UAE, but only until they decide to reach out for someone else's square meters. Throughout the country, foreign investors can only buy real estate in certain free zones. There are no restrictions only in Abu Dhabi and Dubai. In these cities, the concentration of foreigners is such that there is one European for every Arab.
Where, where, in Ukraine you can always find a home for your family and an office for conducting business. While investing in other countries, do not forget about your homeland. The most favorable conditions and clear rules apply right here.