Are you dreaming of living abroad? If so, you may be wondering where you can live and at the same time invest in real estate outside of the United States.
Right now, there are plenty of places across the globe that offer incredible real opportunities, despite the general uncertainties in the world economy and in particular in the real estate sector.
What’s our list of 5 amazing places to live and invest outside the U.S.? Let’s start exactly with Portugal, and why it has now make the list
#1. Australia
There are many reasons why Australia is becoming increasingly popular among expatriates and investors alike.
One reason is that Australians are generally very welcoming and open to foreigners. Another reason is that Australia offers a stable economy and low inflation rates.
Finally, Australian real estate prices remain relatively affordable compared to other countries.
To learn more about living and investing in Australia, check out our article on the Top 10 Best Cities for Expats and Investors.
They also rank highly in terms of quality of life, safety, health care, education, infrastructure, and political stability.
Australians are known for their laid back attitude, and they tend to be friendly and welcoming to foreigners. They speak English, so learning the language won’t be difficult.
Australian property prices are low compared to those in the US, Canada, and some places in Europe. However, real estate values in Australia have increased significantly since 2009.
So if you’re thinking about moving to Australia, you should act fast!
#2. Portugal
Portugal is a small country located in Southern Europe, bordered by Spain.
Lately, the Portugal real estate market has been experiencing a boom. This is mainly to do with the fact that demand for housing remains high, while houses available continue to decrease. Foreign investors are pouring into the market, which according to some experts we’re seeing as a sign of future growth of residential properties prices.
So what does Portugal have to offer? Well, if you’re looking for reasonable prices, then Portugal is still the place for you.
It is currently among the top 10 cheapest countries in Europe (in terms of real estate) on a price per square metre basis.
It does seem like things are looking up in terms of real estate investments in Portugal, even though in Europe there are already some markets experiencing some drawbacks.
As much as Portugal is known for being a sun-filled beach paradise, this country offers a lot more than that.
For starters, Portugal is ideal because of its location; it’s far enough from the troubles around Europe and yet close to Africa.
The climate in Portugal is subtropical Mediterranean, which allows you to enjoy long sunny days and not as cold weather throughout the year like in other European countries. It also helps that Portuguese people are warm and hospitable, and they are known for their friendliness.
Considering that real estate prices are still moderate compared to those in central Europe, Portugal might still be in the list for years to come.
#3. Ireland
Another European country in the list. Ireland is part of the European Union and the Eurozone, which like Portugal, makes it really attractive for some US citizens.
Ireland is a beautiful country located in Europe. It’s home to some amazing cities, towns, and villages. Ireland is a popular destination for tourists who love to visit historical sites, enjoy scenic views, and explore unique places.
However, due to its location, Ireland is subject to frequent weather changes.
Irish people love their culture and history, and they value peace and harmony over materialism. As such, they are generally happy and peaceful people.
There are plenty of reasons to invest in real estate outside the United States.
- One reason is that property values tend to appreciate faster in other countries.
- Another reason is that taxes are much less expensive than in other markets.
- Finally, there are fewer restrictions on foreigners investing in real estate overseas.
Real estate prices in Ireland are relatively inexpensive, especially compared to those in the UK and some mainland Europe countries.
#4. New Zealand
New Zealand is another Oceania contender on our list of 5 amazing places outside the US to live and invest.
New Zealand is a beautiful country located in the South Pacific Ocean. With stunning beaches, mountains, lakes, and forests, New Zealand offers visitors plenty of opportunities to explore nature.
New Zealanders are very proud of their country, and they are well educated and skilled. Their economy is still growing, and they are considered one of the safest countries in the world.
There are several reasons why New Zealand is becoming increasingly popular among real estate investors.
- First, the country is safe and stable, making it ideal for retirees who want to enjoy life while still having money left over after retirement.
- Second, property prices are relatively low compared to other countries, making it possible for buyers to afford homes in prime locations.
- Third, the government provides tax breaks and incentives to attract foreign investment, which makes investing in New Zealand easier than ever.
#5. Chile
Chile is a Latin American country located at the western of the Andes Mountains. It is linked to Argentina, Bolivia and Peru. Chile is a developed country and part of the Mercosur trading bloc.
It is a beautiful country located in South America. With its stunning beaches, incredible mountains, and diverse culture, Chile offers visitors a unique experience.
It’s no secret that Chile is still experiencing rapid growth. And it’s no wonder that real estate investors are flocking to Chile. The country boasts low taxes, stable political climate, and a growing economy. Plus, property prices are relatively affordable compared to other countries in Latin America, like some areas of Brazil and Argentina.
One of the reasons why investing in Chile real estate could be a smart decision is that you can buy a home even in Chile’s capital, Santiago, with an average price per sqm , of US$ 2,300. This means that even if you have limited funds, you can still purchase your dream home there.
But the best thing about Chile is that it, in all Latin America, has the most liberal laws when it comes to buying properties. Also, the country hosts a lot of expats from different parts of the globe, so you will find people speaking many languages. And this is especially true among the start-up and entrepreneurs community. In Santiago, there is a vibrant tech scene, where lots of young companies have gathered.
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