Last updated April 7, 2022
Dateline: Kuala Lumpur, Malaysia
Introduction: When it comes to protecting your assets and expanding your investment portfolio, internationalization is key. At Nomad Capitalist, we emphasize the importance of safeguarding your achievements from any single country's influence through offshore bank accounts, trusts, companies, and other tools. One of the most favorable offshore assets to hold is foreign real estate, as it is non-reportable and provides countless opportunities for wealth accumulation.
Panama:
With its stable government and a free market, Panama is one of the top countries for high rental property yields.
Panama is a popular expat destination for various reasons. Boasting strong property rights and convenient access for Americans, it is one of the most free-market countries in Latin America. Additionally, Panama offers attractive second residency options. In 2015, Panama ranked 6th in the world for gross rental property yields, with a rate of 6.68%. What sets Panama apart from other top-ranking countries, like Ukraine, is its stable government and other appealing elements. Investing in rental property in Panama is not only a smart decision but also a luxury that can yield significant returns.
Jordan:
When thinking about investing in and renting real estate, Jordan perhaps doesn’t immediately spring to mind, however it has lots to offer, especially because rents are paid in advance.
Jordan may not be the first country that comes to mind when considering real estate investments, but it has much to offer, particularly due to its practice of advance rent payments. It ranks highly on the Global Property Guide lists for long-term investment ratings and gross rental property yields, with an impressive yield of 5.92% per annum. With relatively low property prices and its strategic location at the convergence of Europe, Asia, and Africa, Jordan is an attractive destination for international investors and provides stability in the region. Furthermore, starting a business in Jordan is more favorable than in many popular expat destinations, thanks to its superior infrastructure and talent pool.
Colombia:
If you’re looking to obtain a second passport, and for a place to invest, Colombia might be a good fit for you.
Colombia is an underrated gem that is gaining popularity among expats and investors. With one of the freest economies in South America, Colombia is becoming a thriving tourist destination for Americans. While property prices are currently undervalued, they are expected to rise soon. Additionally, Colombia offers an excellent second passport program for real estate investors. The country boasts rental property yields ranging from 6.4% to 9.6%, depending on the location. If you're considering a move, Colombia should be at the top of your list.
Georgia:
Georgia is becoming more westernized with each passing day, but you can still find great investment opportunities if you know where to look.
Georgia is an unexplored haven that offers a multitude of advantages. It boasts one of the most pro-business economies globally, allowing foreigners to invest in all types of real estate except agricultural properties. Construction and land prices are exceptionally affordable, offering incredible investment opportunities. The country is rapidly westernizing, providing entrepreneurs and international investors with numerous accessible opportunities. With a touch of creativity in marketing rental properties in Georgia, you can enjoy substantial returns on investment.
Moldova:
Though they may not be very wealthy, when it comes to investment, Moldova still has high yields to offer to any experienced entrepreneur who isn’t afraid to experiment.
Moldova, the poorest country in Europe, is often overlooked by international investors. However, this is a huge mistake, as the average rental property yields in the capital city of Chisinau range from 12% to a staggering 20%. Moldova offers relative stability, making it a viable option for those exploring opportunities in Eastern Europe. Investing in offshore property in Moldova may seem unconventional, but it can lead to tremendous payoffs with ease.
To conclude: This list only scratches the surface of the massive returns on investment available to those willing to venture beyond their home country and traditional investment destinations. These five countries are just a selection of our favorites, but finding the perfect location for your needs and desires requires further research. For a comprehensive guide on foreign real estate, consider purchasing our Foreign Real Estate Guide. Remember, the more you can reduce your tax burden and increase your investable cash, the higher your property yields can be. Start exploring these lucrative opportunities today!
