Real estate investment and their advantages
Using statistical data from market transactions, real estate intelligence, and the support of a wide network of trusted partners, Helenite Group provides a personalized service to each client.
Experts who can advise you on required contracts and legal obligations may prevent you from making costly mistakes. As a result, you know exactly what to expect from your investment, since market conditions and your specific financial situation can affect tax and legal aspects.
Key considerations before investing in property
Real estate transfer taxes
Taxes on real estate transfer exist in almost every country and are usually charged as a percentage of the purchase price. This is part of your investment cost and must be factored in before the investment.
Annual property tax
An annual tax for ownership of property is common in most countries in Europe. One notable exception is Malta, which does not tax owners for their property after the initial purchase.
Local inheritance laws
Local inheritance laws and gift taxes must also be considered in the property purchase since they are core components of a comprehensive residency investment plan. Equally important are mandatory inheritance laws, in which immediate family members (usually the spouse, and then children) are obligatory inheritors. Depending on investors’ official residency and citizenship, some countries may apply the inheritance laws of the country of origin.
Capital gains tax and property sale taxes
When investing in foreign property, it’s important to consider not just the terms of the purchase of a property, but also the sale. Capital gains tax can be up to 50% or more in some countries in Europe, and the percentage that you pay can also depend on whether you’re a resident or not in the country. Changes in legislation can occur after your purchase, but it’s important to have a clear understanding of the terms of the sale and the taxes investors may incur.
Citizenship and residency restrictions
Residency and citizenship rights are not the same in every European country, and the entitlements you may receive from the investment varies from program to program. It’s important to consider whether residency investments allow access to the Schengen zone, and what type of visa and freedom of movement agreements the country has with other nations. Some passports in Europe are more powerful than others when it comes to travel and business agreements.
Tax residency
Tax planning will always be a key priority when making residency investments. We find workable solutions that fit your unique circumstances and desired investment.
Pick a licensed investment firm
When you’re ready to commit to investing in a property abroad, it’s important to choose one that’s government-licensed to operate.
Investment Process
01. BRIEF
After an initial consultation, we build a personalized investment strategy based upon your needs.
02. SEARCH
We search through our database of sources to build a portfolio of suitable properties specifically for you.
03. NEGOTIATION
Once you have decided on a property, we negotiate for the best possible terms.
04. PURCHACE
We guide you through the legal process, simplifying the Portuguese property purchase laws.
05. POST-SALE
We can exchange information with property management companies so you don’t have to.
Why Helenite?
Our commitment
Helenite Group works exclusively for you. Our commitment to providing specialized services to our clients includes access to a proprietary database of market data. We also have years of experience and knowledge. In order to help our clients make confident investment decisions, we provide insight and data analysis.
What we can do
For you
We provide hands-on support with
- 1. Location selection process
- 2. Setting up a business in Cyprus
- 3. Relocation of family members & staff
- 4. Facilitation of newcomers
- 5. Aftercare services for existing investors