Cheapest Countries to Buy Real Estate 2023

  Рет қаралды 5,888

traveleconomics

traveleconomics

Күн бұрын

Пікірлер: 42
@traveleconomics
@traveleconomics Жыл бұрын
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@deoxzyKun
@deoxzyKun Жыл бұрын
if Montenegro becomes an eu member then it ll be a very good investment. Suggestions: how about you also tell average house prices in those countries not just per sq mt, it's helpful
@traveleconomics
@traveleconomics Жыл бұрын
Indeed, and it is very likely to happen. Thanks for the suggestion.
@storiesbox2958
@storiesbox2958 Жыл бұрын
sir can you give me your email address? i want to send you email.
@rutherfordbhayes423
@rutherfordbhayes423 Жыл бұрын
It will be ruined by joining the EU .
@billhennessey6374
@billhennessey6374 Жыл бұрын
My biggest fear is getting ripped off, particularly by unscrupulous real estate agents and lawyers. Do you find it difficult to do due diligence in a country where you don't speak the language? Do you have any pointers regarding this? Thanks, and great video as always.
@traveleconomics
@traveleconomics Жыл бұрын
It is a very good point. If you are dealing with real estate in a country where you have no knowledge of the language it is better to build trust with someone and visit the place for some months before buying. I prefer to deal with places in which I have at least intermediate knowledge of the language, although recently Google Translate and Deepl are doing wonders in regards to contracts.
@billhennessey6374
@billhennessey6374 Жыл бұрын
@@traveleconomics , thank you. Your videos are the best. I suppose it is good to really vet lawyers well to find someone trustworthy as well. Thanks again!
@dilpreetsingh197
@dilpreetsingh197 Жыл бұрын
Great research and nicely put together. I would like to request you to please consider doing a video on countries for real estate with a combination of easy residence permit + relatively stable economy + political stability. Thanks.
@Imhim247
@Imhim247 Жыл бұрын
Thank you for this video! I appreciate you for giving more informations about Europe. You already know I'll go there in few months!😁
@ريحانة213
@ريحانة213 Жыл бұрын
Please, a video about the best countries in Europe to study and obtain citizenship? For example, I heard that Portugal calculates years of study into the years necessary to obtain citizenship
@traveleconomics
@traveleconomics Жыл бұрын
Some countries count years studying towards citizenship. Other countries, only count years studying in a half (say you studied 4 years, so they count 2 years towards citizenship). However, studying abroad is not among the main topics of the channel so I will not dig deep into that.
@ledacypreadel7268
@ledacypreadel7268 Жыл бұрын
Are these cheapest countries having a cold climate?
@traveleconomics
@traveleconomics Жыл бұрын
European countries are usually cold
@ToquzOghuzKhaganatekhan
@ToquzOghuzKhaganatekhan Жыл бұрын
The world is so so so so crazy beautiful. Why so many pissed off people walk around .
@Alyy4
@Alyy4 Жыл бұрын
What are the countries that offer residence and no specific cost amount
@traveleconomics
@traveleconomics Жыл бұрын
All countries have costs. There is no country you will get a residence permit through real estate without investing at least some 50k in the property and documentation
@Alyy4
@Alyy4 Жыл бұрын
@@traveleconomics I never said no investment I said buying with no specific minimum amount. Turkey now set minimum 75 k and 50 k
@traveleconomics
@traveleconomics Жыл бұрын
@@Alyy4 depends on your citizenship. Book a consultation call so we can discuss your individual options. Best regards.
@muhammadfaizansiddique6702
@muhammadfaizansiddique6702 Жыл бұрын
What about getting nationality of Hungary. How much is the minimum amount and years of residence required to get a property residence that can lead to getting nationality?
@traveleconomics
@traveleconomics Жыл бұрын
There is no residence by buying property in Hungary. You can do it through a company, but the costs are quite high. You can apply to citizenship after 7-8 years living in the country.
@sameertherocker
@sameertherocker Жыл бұрын
Prices in budapest are always expensive! Though the currency is drowning
@traveleconomics
@traveleconomics Жыл бұрын
Exactly. Let's compare Hungary and Slovakia. The HUF fell 20% versus the EUR. So only in currency exchange, prices in HU are down 20% compared to SK in one year. Add to that the economic instability of the country, and you have now prices per sq meter in Budapest almost the same as in Bucharest.
@rutherfordbhayes423
@rutherfordbhayes423 Жыл бұрын
Great video as always !!
@tylerw1892
@tylerw1892 Жыл бұрын
Turkey is not cheap anymore. Not even a little bit.
@traveleconomics
@traveleconomics Жыл бұрын
compared to the rest of Europe... even Romania or Hungary .... Turkey is still much cheaper than all of them. But yes, if you compare it with Colombia for ex, it is not that cheap.
@muhammadkhoso2867
@muhammadkhoso2867 Жыл бұрын
Put the property details on screen as well for better understand
@traveleconomics
@traveleconomics Жыл бұрын
Thanks for the suggestion!
@tanasaflorin3699
@tanasaflorin3699 Жыл бұрын
I don't see Romania in none of your videos
@traveleconomics
@traveleconomics Жыл бұрын
Romania is in many videos, browse around! it is a great country.
@Cryptid71
@Cryptid71 Жыл бұрын
Very surprised we didn’t see Latvia or Lithuania.
@traveleconomics
@traveleconomics Жыл бұрын
Latvia is actually pretty cheap nowadays. Lithuania isn't, especially in Vilnius, Kaunas and Klaipeda.
@Cryptid71
@Cryptid71 Жыл бұрын
@@traveleconomics glad to see Hungary on the list. Very underrated place. Same with Poland. Not as cheap but very nice.
@graydoesntsuitme6026
@graydoesntsuitme6026 Жыл бұрын
Hi. What do you thing about Portugal?
@traveleconomics
@traveleconomics Жыл бұрын
I really like Portugal. Great quality of life. But real estate is overpriced currently in most of the country.
@luisfilipe534
@luisfilipe534 Жыл бұрын
Full already with so many lazy housing speculators... Sorry.
@kishorekrishna490
@kishorekrishna490 Жыл бұрын
How about Vietnam?
@traveleconomics
@traveleconomics Жыл бұрын
Foreigners can buy property in Vietnam but there are some restrictions. I would prefer countries with no restrictions regarding foreign ownership of real estate (at least houses and condos, not talking about land).
@rahuliyer7456
@rahuliyer7456 Жыл бұрын
Yes Vietnam has some odd restrictions on foreigners. For those foreigners who have land, usually it is because they have ties to a Vietnamese family. For me, I am looking in Vietnam, but I am married to a dual US/Vietnam citizen...or Viet Kieu as they call it. I actually recommend you look at Northern Thailand and the areas around Chiang Mai. But remember you can buy the house in Thailand, but you lease the land it sits on as a foreigner. Places where I personally would target...other then what I mentioned are: Malaysia Turkiye Greece Cyprus Italy Spain Portugal Cabo Verde Mexico Colombia Ecuador Chile Argentina Uruguay Georgia Armenia Albania North Macedonia Serbia Croatia Bosnia & Herzegovina Montenegro Some cost more then others. I know Spanish and Vietnamese, in addition to English.
@Kretencekk
@Kretencekk Жыл бұрын
@@rahuliyer7456 Where in Mexico or Colombia would you look? Highly touristic areas?
@christopherhouse7937
@christopherhouse7937 Жыл бұрын
How about looking at Paraguay 🇵🇾
@traveleconomics
@traveleconomics Жыл бұрын
@@christopherhouse7937 Good option with territorial tax.
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