Real Estate

Property ownership for foreign citizens. Information is subject to frequent change.

Country	Type	Foreign Ownership	Capital Gains	Rent Tax	Limited	Demographics	Investment Visa	Notes
Philippines	EM	(40% Max.)	✓	✓	–	✓	–
Singapore	DM	(Private Only)	–	22%	✓	✕	–
New Zealand	DM	–	(Brightline Test)	?	✓	–	–
Malaysia	EM	✓	✓	✓	–	✓	✓
Montenegro	EM	✓	9%	9%	–	–	✓	Possible EU Candidate
Australia	DM	✓	✓	✓	–	–	–
Canada	DM	✓	25%	?	–	✕	–
United States	DM	✓	✓	?	–	✕	–
United Kingdom	DM	✓	(2015 Onwards)	✓	✓	✕	–
Hong Kong	DM	✓	–	?	✓	✕	–	Changing political situation
Malta	DM	✓	12% Transaction Cost	?	✓	✕	✓
Cyprus	DM	✓	20%	?	✓	✕	✓
Portugal	DM	✓	28%	?	–	✕	✓
India	EM	–	✓	?	–	✓	–
Vanuatu	Island	✓	–	–	✓	✓	✓
Cook Islands	Island	(60Y Lease)
Cayman Islands	Island
Bermuda	Island
St. Kitts and Nevis	Island
St. Lucia	Island
Barbados	Island
Grenada	Island
U.S. Virgin Islands	Island
British Virgin Islands	Island
Portorico	Island
Bermuda	Island

Notes:

• Foreign Ownership – Is foreign ownership of real estate permitted
• Capital Gains – CGT for foreign residence
• Rent Tax – Tax on rent from properties
• Limited – Limited supply e.g. island, city state, population dense, etc.
• Demographics – Positive (✓), Negative (✕) or Neutral (-) demographics
• Investment Visa – Demand for investment visas purchasers