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"Advantages of Buying Property Abroad There are more than twenty advantages to buying property abroad, but let's focus on the most important ones: 1. Affordability: Many investment types require a significant amount of capital. When purchasing a home or apartment in another country, a relatively smaller amount is sufficient. 2. Personal Use: When buying property abroad, the investor can personally use it. Investors and their family members can enjoy vacations in their favorite destinations and rent out the property when not in use. This type of accommodation often proves more cost-effective than staying in hotels. 3. Opportunity for Citizenship: Some countries, like Cyprus, the United Kingdom, and Greece, offer residency permits in exchange for investments in real estate. This makes property ownership in such countries a dual benefit: property ownership and residency rights. 4. Diversification of Risk: Every investor knows that concentrating all assets in one sector is not advisable. Therefore, having diverse assets in an investment portfolio is crucial. Acquiring real estate abroad helps protect the investor from bankruptcy and other risks. 5. High Returns: The average annual return on investment from owning property abroad is around 12%. This income is comparable to the returns from owning stocks or bank deposits. Unlike risky stock market trading, foreign real estate ownership often yields consistent returns. 6. Legal Protection: When buying property abroad, investors acquire a tangible asset and secure their ownership through legal documents. 7. Short-Term Profit Potential: Commercial real estate typically yields returns in 7-10 years, while residential properties yield returns in 10-12 years. This means investors can expect to recover their initial investment after 12 years while having a property to pass on to heirs. When selecting a residential property abroad, it's essential to explore all available options. Typically, real estate companies have limited property selections. Therefore, it's advisable for prospective investors to attend specialized exhibitions. For example, the United Property Expo 2022 is an international real estate exhibition scheduled for November 19-20, 2022, at the Baku Expo Center in Baku, Azerbaijan. Which Countries Are Most Attractive for Investment? 1. Developed Economies: Experts recommend investing in economically developed countries. Countries like Germany, Canada, the United States, and Belgium offer secure property ownership and generate stable income. For instance, businessmen who bought property in Germany in 2018 saw significant returns by 2020. Considering the slow pace of housing construction in Europe, this trend is expected to continue. 2. Resort Countries: Property in resort areas may be relatively expensive but offers high income potential, especially during the summer season, allowing investors to recoup their investments quickly. 3. Emerging Economies: This type of investment carries certain risks but also offers substantial potential returns. Investors with analytical skills can benefit from the future economic growth of such countries. Turkey and China are examples of emerging markets. What Costs to Consider When Buying Property Abroad? In addition to the property's purchase price, investors should plan for additional costs. These may include taxes, utility bills, maintenance expenses, and legal registration fees. If the investor chooses to rent out the property with the help of agents, their fees should also be factored in. It's worth noting that the United Property Expo 2022 exhibition will provide visitors with ample advice and all the necessary information related to real estate investments in countries such as Turkey, Cyprus, Portugal, Georgia, Spain, Italy, the United Arab Emirates, and Northern Cyprus. The exhibition welcomes all visitors with special conditions from organizers, additional choices from agencies, and assistance with documentation."