Housing - Expat Magazine
If you're going to live the big adventure in a foreign country, you might as well live it on all levels. Why settle for ordinary housing (which is admittedly very comfortable) when you can experience other places and forms of residence? Or maybe you're looking to save money? Here's a world tour of the new home sweet homes of expats.
Looking for a new real estate investment? Futuristic cities, artificial islands, and self-sustaining megacities await you as the Gulf States roll out the red carpet for wealthy expatriates. Competing with each other, they are embarking on mega-projects to attract foreign investors. Here's an overview.
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Many countries are currently faced with a property crisis with serious economic and social consequences. With mortgage rates on the rise, more and more households are turning to property rental. There has been a surge in demand, supply is not keeping pace, and prices are soaring. At the same time, governments are relying on immigration to overcome major labor shortages. But how can you move abroad to work when you can't find proper and affordable accommodation? What should expats expect in 2024?
Feeling confident about the robust market, you've chosen to venture into property investment overseas. Despite the ongoing crisis, real estate investment remains a secure choice. However, it's crucial to navigate the tax regulations diligently as an expat. How can you ensure compliance with these rules?
Australia
Labor shortages are compelling Australia to seek foreign talent, which is considered essential for economic growth. Meanwhile, the housing crisis is increasing against a backdrop of persistently high inflation. Here's an overview of the current situation in Australia and the implications for foreigners.
The real estate crisis is still a major issue around the world. Among the reasons is the expatriates' investment in real estate, which is believed to contribute to rising prices. In an effort to control the overheated property market, numerous countries are implementing strict measures intended for expat buyers.
Japan
Abandoned houses, dilapidated properties, low-cost apartments, etc., for sale. While many countries are affected by housing, some of them, like Japan, are offering abandoned properties at very low prices. Does this attract expats?
In 2023, real estate remains one of the preferred investments of expats. Inflationary trends and housing crises in several major economies do not undermine the confidence of the investors. Real estate property is considered a secure investment. But how to choose the right place to invest in? Should you buy property along the coast or inland?
Will the housing crisis affect the policies of major immigration countries? Inflation is driving up all costs worldwide, and rents are no exception. Countries are becoming increasingly expensive with fewer housing options available. This situation could benefit other countries that are also trying to attract expats, especially international students.
Finding suitable accommodation will be a priority when planning your move abroad. It's important to understand that the housing landscape can vary significantly from country to country, with different types of accommodation and varying levels of services included. Let's look at some of the nuances that can be observed in different countries.
Published in the Official Gazette on June 2, Spain's new real estate law has been in force since June 30. The law was urgently introduced to regulate Spain's strained real estate market and facilitate access to housing, especially in "stressed areas". The new law tightly regulates rents and puts tenants and landlords on an equal footing. So what do you need to keep in mind when buying property in Spain?
Are you moving abroad for work, studies, or any other reason requiring you to start looking for accommodation? Finding an affordable house or apartment can be stressful and more time-consuming than you think. Here is how to get your hand on genuine good deals overseas.
The Covid-19 pandemic had a significant impact on the global real estate market. Property buyers are leaving the larger cities for small towns or localities. Towns situated in the countryside have gained in popularity over the past few years. Quiet little houses with a garden are now the new trend. With the reopening of borders and the new possibilities allowed by visas, new expat profiles emerge. Many are remotely working from abroad and investing in properties – but at what cost?
Living and working as an expat in a foreign country can be an exciting and enriching experience. However, rising rents in some of the world's most popular expat destinations are making it increasingly difficult for expats to afford to stay. Many are finding themselves priced out of the market and having to leave their adopted homes.
Germany
The government of Germany has developed this new program in association with Kreditanstalt für Wiederaufbau (KfW) bank to support homeowners concerned about the environment. Named the “Climate Friendly New Build", the credit plan grants credit facilities to owners buying or building a house. Let's have a closer look at it and how expats can benefit from it.
What does the year 2023 hold for the global real estate market? In its most pessimistic projection, the IMF is talking about a 10% drop in property prices in advanced countries and 25% in emerging countries. It seems that price booms are over. Inflation and the risk of a global recession are rendering the global market even more tenuous. In this context of uncertainty, is investing in real estate still a safe bet for expatriates? What are the benefits of investing in real estate, and where can you buy affordable property in 2023?
Property prices are soaring! The effect of these surging prices was already being felt before the health crisis and has since become more pronounced. While real estate is considered a strong safe haven, especially in times of crisis, all indicators are in the red. The situation is particularly critical in China and is tending to cause havoc in other markets around the world, in North America, Europe, North Africa and Asia. Between overheating and running out of steam, the real estate crisis is sending contradictory signals to the entire business world. Let's decrypt the situation in some of these countries affected by the real estate crisis.
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