As Spain increases property taxes for non-EU citizens in response to growing domestic unrest over property affordability, many international buyers are exploring alternative locations for overseas home purchases. A variety of attractive destinations are emerging as popular alternatives, each offering unique advantages for property investors.
- Florida, USA – With favorable tax policies, particularly in Tampa, Florida remains a top choice for overseas investors. The state’s real estate market is thriving, and its tax structure continues to attract those looking for better financial returns.
- France – The scenic regions of the Pyrenees and the Var coastline are gaining popularity among property buyers. France offers not only stunning landscapes but also a welcoming visa system for longer stays, making it an appealing option for those seeking a combination of natural beauty and residency flexibility.
- Greece – The Golden Visa program has kept Greece at the forefront of overseas property investments, especially in high-demand areas like Athens and Thessaloniki. The country continues to draw investors looking for both residency options and profitable rental opportunities.
- Montenegro – Known for its modern marina living and attractive tax rates, Montenegro is rising as a trendy destination for international property investors, particularly those seeking a quieter, more exclusive environment.
- Italy – Italy’s stunning locales, including Tuscany, continue to capture the attention of overseas buyers. The country also offers various tax incentives for property investors, making it a competitive choice in the European market.
- Portugal – The Algarve region of Portugal offers a relaxed lifestyle with great weather and beautiful coastal views. It also provides attractive golden visa options for long-term residency, contributing to its appeal among international buyers.
- Malta – While Malta offers no property tax incentives, its unique position as a small island nation with favorable living conditions continues to attract investors seeking stability in the Mediterranean region.
Other notable destinations include Cyprus, Monaco, Switzerland, Dubai, and Gibraltar. However, regulations on foreign property ownership vary widely across these regions, with some countries offering specific benefits like tax exemptions or residency programs, while others impose more restrictions on foreign buyers.
Overall, the trend in overseas property investment reflects a growing preference for countries that combine favorable tax policies, attractive residency options, and desirable living environments.
