Globalization has changed many things. Real estate has also not been out of the grips of the worldwide movement that has made the planet a rather small place to live in. at such a point of time most economies around the world have opened up their doors to foreign investors, especially in the real estate sector. Various incentives are offered to foreign investors. Therefore it can be said that time has come for the Indian investors to look beyond borders.Many may question why one should invest abroad when there are so many investment opportunities within the country. But if you are investing in a luxury apartment in India you can as well buy a house in the US. Estimates show that property prices in prime locations in Mumbai can exceed the cost of residences in Chicago and New York. Therefore many people especially entrepreneurs, big businessmen and people who have children studying abroad are the chief Indian investors in foreign markets. With globalization overseas markets have not only become convenient but also relatively lower in risk and lucrative.Some of the factors that are to be checked before making an investment decision in foreign lands are economic stability of the country and industry, taxes and the cost of ownership of property in the particular country. From the perspective of these yardsticks the best places for overseas investment have proved to be: Malaysia, Singapore, Sri Lanka, Mauritius, Switzerland and Dubai. Many people also go to buy holiday homes and hence the preferred places for this segment of investors are Spain, Italy, Greece and Switzerland. People who buy properties abroad to live there prefer countries like UK or the US.Some of the most popular spots for foreign investment are:London: Indians have migrated to the British capital from the time the British came to occupy India. At present Indians constitute 3.6% of residential property buyers in London and the total value of properties bought by them between April 2009 and June 2012 amount to more than 1 million. The London market is preferred by Indians as many have children who are studying in several of London’s universities. Others are investors interested in the central London real estate market.Spain: The fall in the value of the euro has made the real estate market in many European countries such as Spain, Portugal, Greece, Belgium, Iceland, Ireland, Hungary etc. quite affordable for Indian investors. Spain has always been an attractive destination for tourists. The fall of property prices, steps taken by the banks of Spain to bring down property prices to attract investors and efforts to boost tourism have Indians flocking to Madrid, Barcelona, Algarve, Marbella etc where properties are available for less than Rs 50 lakh.Dubai: Indians have settled in large numbers in Dubai mainly for professional reasons. Now people are investing in the Dubai property market as there are excellent returns whether in residential or rental markets, especially in the prime locations.Singapore: Looking East, Singapore is the most popular holiday destination. To cash in the advantages foreigners have been heavily buying into the Singapore property market, so much so that the government has made it a rule that foreign individuals and companies have to pay an extra 15% stamp duty for per purchase. And despite the increasing imperatives, the Singapore property market continues to be popular among Indian investors and buyers.However caution must be maintained by buyers and investors while dealing in foreign lands. Before a deal is made awareness about the country’s transaction rules are important. For example, Thailand allows foreigners only to hold land on lease. Singapore does not allow foreigners to purchase land in Singapore without government clearance though foreigners are allowed to buy apartments and condos.In India residents are allowed to remit up to Rs 1.1 crore out of the country in one financial year. This actually limits their capability to afford prime location properties in various countries.In case of rental returns income taxes may have to be paid in the country where the property is owned as well as in India. If not judged from the tax perspective some deals can prove to be a loss than a profit.In some countries like Mauritius, Singapore, Cyprus and Dubai the government does not charge a capital gains tax. But for a capital gain in these countries the individual or the company still has to pay a capital gains tax in India. The property also has to be mentioned in income tax returns and 1% wealth tax has to be paid.займ на карту без отказов круглосуточновзять кредит онлайн