International Real Estate
International Passport Real Estate is the world’s leading agency offering premium properties in countries that host residence and citizenship by investment programs. As a member of the International Passport Group, the global leader in residence and citizenship by investment, we provide an unrivaled end-to-end service.
From advising you on appropriate residence and citizenship by investment program options to ensuring that you secure the very best property that meets your individual needs, our aim is to source exceptional real estate in the world’s most sought-after locations — enabling you to become a resident or citizen of a country of your choice.
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To sustain residency in Canada, the permanent Canada residents must show proof claiming two to five years of residency.
To sustain residency in Australia, the permanent Australian residents must show proof claiming two to five years of residency.
The criteria for obtaining residency in United Estate Of America is USD 1,050,000 into a non-targeted employment area project to USD 800,000 into a targeted employment area project in a rural area or an area with high unemployment
To sustain residency in Australia, the permanent Australian residents must show proof claiming two to five years of residency.
The criteria for obtaining residency in New Zealand undergoes as: investing between 3 million NZD and 10 Million NZD
In the rankings of best GDP per capita, Singapore has been rated as one of the wealthiest countries. It is the first choice of many.
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Real Estate Advisory
Residence-by-Investment
International Passport has led several residence-by-investment plans over the years. We offer private residency advisory and services to our clients, enabling them to enjoy the best quality of life along with a suitable business environment and the acquisition of citizenship by the state.
International Real Estate
International real estate plays a crucial role in both citizenship and residence planning and requires serious attention. We provide professional assistance to clients, law firms, and consulting companies through affiliated groups and advisory services for those seeking residence or citizenship. Proper planning for international real estate acquisition can provide significant benefits in terms of tax savings, security, asset protection, and incentives. Our professional network of tax consultants, specialists, and lawyers helps facilitate the legal sale, purchase, and structuring of international real estate.
Important Points to Consider
When planning to establish residence in another country, several key considerations must be kept in mind regarding estate planning and taxation:
- Real estate transfer taxes and Annual real estate taxes
- Local inheritance and gift taxes
- Local inheritance laws and forced heirship rules and Taxes and capital gains from real estate resale
- Maintaining confidentiality and Immigration restrictions
- Personal tax liability and tax residence
Declaring the price of real estate in the official sale contract forms the basis of real estate tax transfer. However, practices like underreporting the value to lower taxes are illegal in some countries. Indirect transfers, such as transferring real estate company shares, may also be subject to scrutiny in various jurisdictions.
Annual Real Estate Taxes
Annual Real Estate Taxes
Annual real estate taxes are imposed on immovable properties by local authorities. Some countries offer reductions on annual real estate tax, while others, like Malta, do not impose any annual taxes after the property purchase.
Local Inheritance and Gift Taxes
Taxes on inheritance and gifted real estate can vary widely across countries. While nations like Spain, France, and the USA have high tax rates, others like the Bahamas, Bermuda, and Malta have much lower or no taxes. Regulations are enforced to prevent individuals from dodging taxes through foreign or domestic entities.
Local Inheritance Laws and Forced Heirship Rules
In some countries, like France, forced heirship rules require real estate to follow local inheritance laws. However, other countries may allow foreign inheritance laws to apply. Clients are encouraged to carefully review these regulations.
Taxes and Capital Gains from Real Estate Re-Sale
During real estate purchase, potential resale must be considered. Buyers should be aware of the legal implications related to the resale of real estate in foreign countries.
Maintaining Confidentiality
Confidentiality is especially important for high-profile individuals. However, certain countries impose regulations to track the income and assets of their taxpayers, limiting confidentiality.
Immigration Restrictions
Immigration laws can restrict the movement of individuals, even if they own real estate in a country. Visa limitations and travel restrictions can interfere with property ownership and usage.
Personal Tax Liability and Residence for Tax Purposes
Using a holiday home without becoming a tax resident requires caution. Tax liability depends on factors such as nationality, double taxation treaties, and the duration of physical presence.