Great Britain
London and the larger cities, like Birmingham, Leeds, Manchester, Glasgow (Scotland) are only a few of the best property investment opportunities in the United Kingdom. This constantly evolving property market, the changing job market and the close proximity of universities are all supporting the investment of owning a property. Brexit has not changed it, and the UK is still welcoming foreign investors. Money stays best invested in a British property. The predictable yield and the british pound value are making it a double win. Buy-to-let or a second home aborad are both an achievable option.
- Minimum 4% annual yield, which can easily hit 8-10%, depending on the location
- Below £2 million nor a local address, neither visa is needed, however above £2 million investment a Tier 1 investor visa is necessary
- Stamp Duty Land Tax 5% up to £125,000, another £125,000 on top is 7%, beyond these 10%, 15% and maximum 17% by bands (these taxes with different names and slightly different values exist in Wales and Scotland too)
- Tax on lettings 20%
- One bedroom flat average £100,000, two bedrooms terraced house £300,000 (these could be 50% more in London), standalone house with 2-3 bedrooms and garden £500,000 (London is double)
- Property searches and lawyer 1%
- Required time of completion after the property is chosen 1 month